AP discoms told to compensate power producer Konaseema Gas PowerKonaseema Gas Power sought Rs 2,000 crore in compensation including interest and cost overruns over four years.
25 Apr, 2013, 04.15 AM IST
- 6 gas-based power plants sitting idle in Andhra Pradesh
As many as six gas-based power plants with a combined capacity of more than 2000 mw in AP have stopped operations due to shortage of gas fr...
13 Mar, 2013, 09.09 PM IST
- 6 gas-based power plants sitting idle in Andhra Pradesh
As many as six gas-based power plants in AP, including those operated by GMR, Lanco and GVK, have stopped operations due to shortage of gas
13 Mar, 2013, 03.36 PM IST
Andhra Pradesh scheme shows a way out of power shortages at a costAndhra Pradesh power consumers, are queuing up to buy power at tariffs of Rs 11 per unit under an ‘expensive power’ scheme.
11 Feb, 2013, 05.00 AM IST
- Idle power plants in Andhra Pradesh to get fresh lease of life
For industry, even though the electricity will be costlier than that produced with gas as fuel, it is a far better situation to be in than ...
03 Jan, 2013, 12.04 PM IST
- Economic slowdown, high interets rates take a toll on SMEs; CDRs on a rise
Economic slowdown and the stubbornly high interest rates are beginning to hurt the small and medium enterprises with more companies queuing...
03 Oct, 2012, 06.19 AM IST
- Gas-starved power companies in Andhra Pradesh make a beeline for loan recasts
These power stations, which utilise gas as fuel, are all based in Andhra Pradesh and have been set up on the expectation of supplies from I...
08 Aug, 2012, 12.08 PM IST
- RIL signs gas sale agreements
Reliance Industries announced the signing of gas sales agreements with nine power firms to supply 11 million metric standard cubic meters p...
29 Apr, 2009, 12.42 AM IST
- Power cos may get RIL's new KG gas
Reliance Industries (RIL) is close to signing deals to sell gas produced at the Krishna Godavari (KG) basin to more than half a dozen power...
31 Mar, 2009, 12.03 AM IST
- RCF lines up Rs 4k cr to restart Trombay plant
State-owned Rashtriya Chemicals and Fertilizers (RCF) is embarking on a Rs 4,000-crore plan to re-start its Trombay plant and expand the Th...
10 Feb, 2009, 12.01 AM IST
- RIL steps on the gas, in talks to sell KG output
RIL has begun talks with over a dozen power and fertiliser firms to sell gas from its Krishna Godavari basin after it received the Bombay H...
02 Feb, 2009, 11.22 PM IST
- 'Delayed mega infra projects are sub-standard, not NPAs'
In a move that will bring immense relief to lenders and promoters of seven mega infrastructure projects, RBI has said lenders need not trea...
15 Nov, 2008, 01.57 AM IST
- IDFC, Lehman may pick 17% in power utility KGPL
Private equity majors IDFC Project Equity and Lehman Brothers are in advanced stage of talks to pick up 16.66% in Konaseema Gas Power for a...
21 May, 2008, 12.40 AM IST
- RBI loan rules turn good assets into bad
Banks are being forced to classify as bad loans what they consider as good assets, thanks to the Reserve Bank of India’s norms. Copycat inv...
03 Nov, 2007, 01.45 PM IST
- Australian pension funds may invest Rs 1,300 cr in KGPL
Four Australian pension funds - Westscheme, Statewide Superannuation Trust, SAS Trustee and Public Officers Superannuation Fund - are in ad...
15 Oct, 2007, 05.01 AM IST
- Andhra view to be considered on KG issue
A high-level team led by Prime Minister Manmohan Singh gave a patient hearing to Andhra Pradesh chief minister YSR Reddy on the KG basin ga...
03 Aug, 2007, 02.05 AM IST
- IDFC, GSPC, Incap tie up for common carrier gas pipeline
IDFC Private Equity (IDFC PE) has joined hands with Infrastructure Corporation of Andhra Pradesh (Incap) and Gujarat State Petroleum Corpor...
16 Sep, 2006, 01.47 AM IST