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VEMAGIRI PROJECT
Kalpataru Power surges as company bags orders worth Rs 1,320 croreReacting to the development, the scrip gained 9.20 per cent to hit a high of Rs 223.70 on the BSE. The stock is down 14 per cent for the ye...- Expect Power Grid's asset capitalisation to speed up further in coming quarters: IS Jha, CMD"Ours is a regulatory business. We generally get 15.5% return on equity. Other than that, if we complete projects in time, we then get an a...
- REC transfers 100pc equity of Vemagiri II project to PowerGridRural Electrification Corp today said that its arm RECTPCL has transferred 100 per cent equity shares of Vemagiri II Transmission Ltd to Po...
- Power Grid bags Vemagiri II project in tariff based auctionThe Vemagiri II project will strengthen the transmission system beyond Vemagiri and will be called Vemagiri II Transmission Ltd.
- PGCIL emerges lowest bidder for Rs 6,300-crore Vemagiri II projPGCIL has emerged as the lowest bidder for Vemagiri II power transmission project of around Rs 6,300 crore in a tariff based auction.
- RECTPL to announce lowest financial bids for 2 projects tomorrowWholly-owned subsidiary of state-run Rural Electrification Corporation RECTPL had earlier postponed the opening of financial bids for the t...
- RECTPL defers bids for two transmission projects worth Rs 8,000 croreThe government has planned to put transmission projects worth Rs 1 lakh crore on the block for auction during the current fiscal.
- PGICL, Sterlite, Adani in fray for two transmission projectsState-run PowerGrid, Sterlite, Essel and Adani are in the fray for two power transmission projects worth Rs 8,100 crore as they have submit...
- 6 companies in fray for 2 transmission projects worth Rs 8,000 croreREC Transmission Projects Co Ltd (RECTPL) is conducting the auction these two transmission project. It is a wholly owned subsidiary of stat...
- Rural Electrification Corporation incorporates 3 transmission SPVs as subsidiariesFollowing the announcement, shares of REC were trading at Rs 325, up 0.12 per cent on the BSE.
- Gas-starved power companies in Andhra Pradesh make a beeline for loan recastsThese 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...
- REC hands over Vemagiri Transmission project SPV to PGCILREC Transmission Projects Co Ltd has handed over Vemagiri Transmission System project specific special purpose vehicle to Power Grid Corpor...
- Three power projects by Reliance Power, Lanco, GMR idle due to lack of gasThree gas-based power projects, developed by Reliance Power, Lanco and GMR in Andhra Pradesh that are ready for regular power generation.
- GMR Group synchronises 1st unit of new Vemagiri plant to state gridGMR Group said the first unit of subsidiary GMR Rajahmundry Energy Limited's combined cycle power plant at Vemagiri, in Andhra Pradesh, was...
- GMR Energy plans to raise Rs 10,275 crore in debtGMR Energy, a subsidiary of Bangalore-based GMR Infrastructure, plans to raise Rs 10,275 crore of debt funding to help achieve financial cl...
- Temasek to buy preference shares worth Rs 930 cr in GMR EnergyThese shares will be converted into equity once power projects of GMR Energy reach pre-agreed milestones.
- GMR Energy plans IPO to fund expansionGMR Energy, a part of the GMR Group, is floating an IPO this year, two persons familiar with the development said.
- Power list gets nod for KG gasThe move would benefit public sector company NTPC’s gas-based projects at Kawas, Gandhar, Anta, Auraiya and Dadri.
- Power, airports to drive growth for GMR InfraGMR Infrastructure will see power and airports segments driving revenue growths in the future.
- Excise on naphtha waived for 7 power plantsNEW DELHI: In a major boost to some of the naphtha-based private power plants, the ministry of finance has waived excise duty on the naphth...
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