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FEB 01 2013

Suzlon powers ahead on Canadian order

  • Business Line, Our Bureau / Chennai, 01 February 2013
  • Created:Fri 01st FEB 2013

Suzlon Energy stock jumped 16 per cent on Thursday after the company announced that its subsidiary had bagged an order for a 350 MW project in Canada.According to the ...

FEB 01 2013

Tata Power can now trade carbon credits earned from Gujarat plant

  • Business Line, PTI / New Delhi, 01 February 2013
  • Created:Fri 01st FEB 2013

Tata Power today said its 25 MW solar project in Gujarat has been registered under the United Nations Clean Development Mechanism, a move that would allow the company to trade carbon credits ...

FEB 01 2013

Why TN power sector is in the dark

  • Business Line, N. Ramakrishnan / 01 February 2013
  • Created:Fri 01st FEB 2013

The political leadership is at fault for pushing the electricity board into the financial morass it now is in.Chennai is the envy of the rest of Tamil Nadu. Not because ...

FEB 01 2013

Ankit me<x>tal &amp; Power invests Rs 408 crore in pellet plant &amp; power unit in West Bengal

  • Economic Times, Rakhi Mazumdar, ET Bureau / Kolkata, 01 February 2013
  • Created:Fri 01st FEB 2013

Ankit metal & Power, which produces TMT bars, sponge iron & billets, has invested Rs 408.45 crore to set up a pellet plant and power unit in West Bengal. The ...

FEB 01 2013

Core sector grows 2.6% in Dec

  • Financial Express, FE Bureau / New Delhi, 01 February 2013
  • Created:Fri 01st FEB 2013

Indicating sluggishness in the economy, the eight core sectors of the economy grew 2.6% in December compared with 4.9% growth in the year-ago period. The decline in growth in December, 2012, ...

FEB 01 2013

DLF to sell Gujarat wind biz to Bharat Light for Rs 282.30 cr

  • Economic Times, PTI / New Delhi, 01 February 2013
  • Created:Fri 01st FEB 2013

Country's largest realty firm DLF today said it will sell its wind turbine business in Gujarat to Bharat Light & Power for Rs 282.30 crore, thus starting the process to divest ...

FEB 01 2013

Bescom MD posts power cut on Facebook

  • The Hindu, Laiqh A. Khan / 01 February 2013
  • Created:Fri 01st FEB 2013

Blames private firm’s pressure tactics to get Escoms to pay up, says he might be transferredConsumers in parts of the city may have already been experiencing ...

FEB 01 2013

Solar mini-grid technology

  • Business Line, Our Bureau / Kochi, 01 February 2013
  • Created:Fri 01st FEB 2013

PTL Solar Energy Pvt Ltd has launched an initiative to demonstrate the potential of solar mini-grid technologies. The project was launched at SoS Children’s Village in Aluva near ...

FEB 01 2013

Jindal Steel makes open offer for Gujarat NRE Coking Coal

  • Business Line, Our Bureau / Melbourne / New Delhi, 01 February 2013
  • Created:Fri 01st FEB 2013

New Delhi-based Jindal Steel and Power (JSPL) has made an open offer to acquire the entire outstanding shares of Gujarat NRE Coking Coal listed on the Australian Stock Exchange (ASX) for a ...

FEB 01 2013

Oil PSUs firm but down from 52-week highs

  • Business Line, R. Yegya Narayanan / Coimbatore, 01 February 2013
  • Created:Fri 01st FEB 2013

As the Government gears for 10 per cent divestment in Oil India Ltd (OIL) stock tomorrow, the entire PSU oil pack showed signs of firming up–both oil marketing companies and those ...

FEB 01 2013

Govt fixes Oil India floor price at Rs 510

  • Business Standard, PTI / Mumbai, 01 February 2013
  • Created:Fri 01st FEB 2013

Auction for sale of 10% govt holding opens FridayGovernment has fixed the floor or minimum price for sale of its 10% stake in Oil India at Rs 510 per ...

FEB 01 2013

Brent crude jumps to $115 per barrel

  • Business Line, PTI / Singapore, 01 February 2013
  • Created:Fri 01st FEB 2013

Oil prices rose in Asian trade today after Syria accused Israel of staging an air raid on a military research centre, raising tensions in the crude-producing West Asia.New ...

FEB 01 2013

MRPL sees transport woes hurting crude oil imports from Iran

  • Mint, Utpal Bhaskar / New Delhi, 01 February 2013
  • Created:Fri 01st FEB 2013

Firm brought limited consignments on inability to arrange ships for transporting crudeMangalore Refinery and Petrochemicals Ltd (MRPL) said it expects crude oil imports ...

FEB 01 2013

ONGC Videsh gets nod to acquire stake in oil Azerbaijan assets

  • Business Line, Our Bureau / New Delhi, 01 February 2013
  • Created:Fri 01st FEB 2013

The Cabinet Committee on Economic Affairs has given its approval authorising ONGC Videsh Ltd's (OVL)'s acquisition of participating interests owned by Hess Corporation's ...

FEB 01 2013

ONGC Videsh in race with Asian rivals for Videocon stake in African gas field

  • Economic Times, Sneha Shah &amp; Arijit Barman, ET Bureau / 01 February 2013
  • Created:Fri 01st FEB 2013

Mozambique today is a doorway to the resources-heavy East Africa, which is yet to be fully exploited. Goegraphically its proximity to the energy guzzling Asian markets makes it an even more ...

FEB 01 2013

Petrol pumps will sell diesel to all customers, say dealers

  • Business Line, PTI / New Delhi, 01 February 2013
  • Created:Fri 01st FEB 2013

Amidst reports of several states asking their public transport buses to buy diesel directly from petrol pumps to avoid paying higher price for bulk purchase, petrol pump dealers association ...

FEB 01 2013

Reliance, Essar eye share of 11-mt bulk diesel market

  • Economic Times, Rajeev Jayaswal, ET Bureau / New Delhi, 01 February 2013
  • Created:Fri 01st FEB 2013

Private refiners Reliance Industries and Essar Oil are gearing up to cater to the lucrative bulk-sales market for diesel, where the government has allowed free-market pricing. Low-priced ...

FEB 01 2013

GERC directs APL to initaite fresh bids due to limited response to tender for procurement of 30-50 MW power

  • IEE Regulatory Compendium - Distribution
  • Created:Fri 01st FEB 2013

Private refiners Reliance Industries and Essar Oil are gearing up to cater to the lucrative bulk-sales market for diesel, where the government has allowed free-market pricing. Low-priced ...

FEB 01 2013

GERC settles payment dispute between DGVCL and SAPPL

  • IEE Regulatory Compendium - Distribution
  • Created:Fri 01st FEB 2013

Private refiners Reliance Industries and Essar Oil are gearing up to cater to the lucrative bulk-sales market for diesel, where the government has allowed free-market pricing. Low-priced ...

FEB 01 2013

UERC issues order on non-compliance with Commissions directions issued to UPCL

  • IEE Regulatory Compendium - Distribution
  • Created:Fri 01st FEB 2013

Private refiners Reliance Industries and Essar Oil are gearing up to cater to the lucrative bulk-sales market for diesel, where the government has allowed free-market pricing. Low-priced ...