Adani, Jindal Power Cos in Race to Buy Ind-Barath ThermalInterest in distressed power companies has recently increased due to a shortage of power supply and the government nudge to state-owned ban...
22 Jun, 2022, 11.59 PM IST
Jindal Power to buy Simhapuri power plant for about ₹300 crThe company's functioning, according to industry executives, was severely affected when the plant was kept idle to reserve power capacity f...
22 Jun, 2022, 12.40 PM IST
Power Minister RK Singh meets companies, banks to restart 5 GW units"Barring one or two plants which are not feasible to run as they have been shut down for 5-6 years and will take about one year time to rev...
03 May, 2022, 06.26 AM IST
Power Minister RK Singh to meet states, lenders on reviving stressed plantsIndustry sources say peak demand is expected to rise further to 220-GW in May compared to approximately 215-GW in April. The maximum demand...
02 May, 2022, 09.47 AM IST
Axis to sell 12 NPA accounts to ARCsThe total loans on the block is about Rs 1,000 crore and include large borrowers.
17 Aug, 2018, 08.32 AM IST
Coal imports by power plants fall 22% in AprilAccording to latest data compiled by CEA, coal imports by the power utilities came down to 3.731million tonnes (mt) in April from 4.798 MT ...
20 May, 2018, 11.15 PM IST
Coal imports by power plants fall 22 pc in AprilThe scope of reducing coal import is always more at power plants using domestic coal as they use high gross calorific value imported fuel f...
20 May, 2018, 11.12 AM IST
Coal auction kitty hits Rs 2.07 lakh crore; tops CAG figureThe estimate includes e-auction proceeds, royalty proceeds and upfront payment, coal secretary Anil Swarup said on Monday.
10 Mar, 2015, 02.29 AM IST
Monnet Power Company bags Utkal-C coal block for Rs 9,537.22 croreThe cumulative revenue to the exchequer has reached Rs 1.74 lakh crore from the sale of 32 mines so far, including Rs 1 lakh crore from sal...
09 Mar, 2015, 07.14 PM IST
Adani Power to bid for all six coal blocks reserved for the power sector: SourcesMadhucon Group’s subsidiary, Simhapuri Energy, is expected to be a surprise bidder and may vie for all the coal blocks
02 Feb, 2015, 04.22 AM IST
Seemandhra power employees begin indefinite strikeAs of now, generation is being maintained to some extent and the transmission and distribution were affected at some places.
06 Oct, 2013, 03.33 PM IST
- Madhucon Projects' first power project takes off
Infrastructure firm Madhucon Projects announced that its first coal-fired power project with a capacity of 150MW has commenced commercial o...
05 May, 2012, 05.16 PM IST
- Madhucon Projects to develop 1320 MW thermal power plant
The plant will most likely be executed in 2 phases of 660 MW each and would also receive coal linkage from the Jharkhand government.
18 Apr, 2011, 02.19 PM IST
- Pinc intiates 'buy' on Madhucon Projects
Pinc has initiated coverage with a 'buy' on Madhucon Projects Ltd for a target price of Rs 93 in 18 months. At the CMP of Rs 56, the stock ...
11 Dec, 2008, 05.56 PM IST
- PVP Ventures to invest Rs 4000 crore in power projects
PVP Ventures Ltd said it plans to invest Rs 4000 crore to set up power projects in the next 12-18 months, with the proposed merger of Malax...
19 Aug, 2008, 01.29 PM IST