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ULTRA MEGA PROJECT
Gujarat to introduce ‘Ultra Mega’ category in new industrial policyGujarat is introducing a new 'ultra mega' industry category. This requires at least Rs 10,000 crore investment and 3,000 jobs. The state is...
Edelweiss Alternatives’ Subahoo Chordia quits, likely to launch own fundSubahoo Chordia, a key figure at Edelweiss Alternatives, has departed to launch his own infrastructure fund. He was instrumental in buildin...
Why India’s next real estate cycle could be driven by retail investors and REITs, Sandipan Roy explainsIn an interaction with Sandipan Roy, Chief Investment Officer (CIO), at Motilal Oswal Private Wealth, he explains why India’s next real est...
From shortage story to cash-flow story: A sector ready for sustained re-rating? 5 power stocks with upside potential of up to 33%In the power sector, the next cycle will not reward whoever has the most installed megawatts. It will reward whoever can sign the right con...
Tata Power Mundra Plant signs supplementary PPAs with GUVNL, securing power supply for multiple statesTata Power's Coastal Gujarat Power Ltd has signed supplementary power purchase agreements with Gujarat Urja Vikas Nigam Ltd. Similar pacts ...
Mahindra Group's Rs 1,900 cr tourism project approved by Maharashtra governmentA high-powered government committee had earlier this year accorded it the ultra mega project status.
Budget 2016: Government to auction Rs 90,000 crore UMPPs before MarchDeoghar UMPP and Tilaiya UMPP may be bid out in the next financial year after due process is met, attracting investment of Rs 60,000 crore.
Government begins work on four new ultra mega power projectsPower Finance Corporation, nodal agency for ultra mega power projects , in consultation with state government has commenced work on these p...
Boiler for 5th unit of Reliance Power's Sasan UMPP becomes functionalFirst four 660 MW units of the project are already operating and the last unit is in advanced stages of construction, the statement said.
- Adani Power actively looking at international opportunities
Leading private utility Adani Power is actively evaluating opportunities in different parts of the world, especially in developing nations.
- IEEMA calls for immediate imposition of import duty on power equipments
IEEMA calls for immediate imposition of import duty on power equipment for mega and ultra-mega power projects over 1,000 MW.
Union Budget 2011: Tax holiday for power sector exended by one yearWith a view to encourage power generation and reduce transmission and distribution losses Finance Minister Pranab Mukherjee on Monday exten...
- Two blocked UMPPs to be fired up with new coal fields
The stalled ultra mega power project programme is set to be revived with the govt looking to allocate new coal blocks to the Orissa and Chh...
- Govt plans ultra mega steel projects
After the success of ultra mega projects in the power sector, the government proposes to launch a similar scheme in the steel sector to acc...
- More power likely in ultra mega projects
The promoters of the 4,000 mw ultra mega power projects (UMPP) have been given a free hand to hike generation capacity. The government will...
- Power up for ultra mega projects
The successful completion of bidding for the controversial Sasan project has given fresh impetus to the ultra mega power project (UMPP) sch...
- Ultra mega power projects may need PPP panel nod
All future ultra mega projects may have to get Public-Private Partnership Appraisal Committee’s approval before being bid out if the financ...
- Power free grant to start the Ib valley project
The 4000MW ultra mega power project in Orissa’s Ib Valley may finally be on track, with the state government withdrawing its demand for fre...
- Now, each state will have 2 ultra mega power units
The government is working towards a plan where each state may have two ultra mega power plants. Already, the number of ultra mega power pro...
- TPC, Siemens, Doosan to bid for power projects
TPC has signed an agreement with Siemens Power Generation and Doosan Heavy Industries & Construction to bid for the ultra mega power projec...