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NOV 12 2012

CESC bags $2.5-m Nigerian deal in power distribution

  • Business Line, Our Bureau / Kolkata, 12 November 2012
  • Created:Mon 12th NOV 2012

Q2 net up 19%; to invest Rs 7,800 cr in Haldia, Chandrapur unitsCESC Ltd, the flagship company of the RP-Sanjiv Goenka Group, said it has bagged a consultancy contract of ...

NOV 12 2012

GVK Power & Infra net loss at Rs 43.66 cr

  • Financial Express, Agencies / Hyderabad, 12 November 2012
  • Created:Mon 12th NOV 2012

GVK Power and Infrastructure Ltd today reported net loss of Rs 43.66 crore for the quarter ended September 30, mainly due to interest burden and shortage of gas supply to the group's ...

NOV 12 2012

AP to set up district level panels for energy conservation

  • Business Line, Our Bureau / Hyderabad, 12 November 2012
  • Created:Mon 12th NOV 2012

Govt will audit its own consumptionThe State Energy Conservation Mission (SECM) has decided to constitute district level conservation committees headed by ...

NOV 12 2012

Power sector's mercury conspiracy

  • Business Standard, Sunita Narain / New Delhi, 12 November 2012
  • Created:Mon 12th NOV 2012

Until we expose the complicity between science and govt in making the region's people suffer, we will not find ways of preventing more ...

NOV 12 2012

Debt recast at various stages: Power secy

  • Financial Express, FE Bureau / New Delhi, 12 November 2012
  • Created:Mon 12th NOV 2012

Six states accounting for close to 70% of total accumulated losses of state distribution entities have agreed to participate in the Centres R1.9 lakh crore debt restructuring plan that ...

NOV 12 2012

Power in balance

  • Financial Express / 12 November 2012
  • Created:Mon 12th NOV 2012

Coal prices disappoint, but power projects are happily on trackWe maintain our Overweight rating on Tata Power with a target price of R123 (from 125 earlier) as we build ...

NOV 12 2012

PSBs balk at state govt power bonds

  • Financial Express, Arun S, Subhash Narayan / New Delhi, 12 November 2012
  • Created:Mon 12th NOV 2012

The governments R1.9 lakh crore power sector debt restructuring package may face fresh hurdles with public sector banks (PSB) expressing reservations about subscribing to bonds proposed to ...

NOV 12 2012

Coal India may take a call on ICVL exit in next board meet

  • Economic Times, PTI / Kolkata, 12 November 2012
  • Created:Mon 12th NOV 2012

Mining major Coal India Ltd is likely to take a final call on its exit from International Coal Ventures (ICVL) in the next board meeting. "The ICVL issue was ...

NOV 12 2012

Oil trades near 4-month low on demand concern

  • Economic Times, Bloomberg / Singapore, 12 November 2012
  • Created:Mon 12th NOV 2012

Crude oil is trading near its lowest level in four months over the weekend amid speculation that risks to the US and European economies will restrain demand while supplies increase. ...

NOV 12 2012

Petroleum export volumes drop 7% in H1

  • Business Standard, Ajay Modi / New Delhi, 12 November 2012
  • Created:Mon 12th NOV 2012

Problems at refineries, higher home demand for automobile fuels among main reasonsPetroleum product export was down seven per cent in April-September, ...

NOV 12 2012

Essar Oil: New power plant, cheaper funds to boost company's net

  • Economic Times, Ramkrishna Kashelkar, ET Bureau / 12 November 2012
  • Created:Mon 12th NOV 2012

Essar Oil's September 2012 quarter numbers failed to satisfy the market. The company showed an improvement on some operational parameters, but the bottom line was barely in black. ...

NOV 12 2012

ONGC Videsh profit drops by 39% in Apr-Sept

  • Business Standard, PTI / New Delhi, 12 November 2012
  • Created:Mon 12th NOV 2012

The poor numbers may be attributed to drop in output in Sudan and Syria.ONGC Videsh Ltd, the overseas arm of state-owned Oil and Natural Gas Corp ...

NOV 12 2012

Delay in government compensation to dent oil marketing companies' net worth

  • Economic Times, Ramkrishna Kashelkar, ET Bureau / 12 November 2012
  • Created:Mon 12th NOV 2012

Three oil marketing companies - Indian Oil, BPCL and HPCL - reported profits on Friday for the July-September 2012 quarter, which were way short of covering the preceding quarter's ...

NOV 12 2012

Cairn JV to invest $100 mn to drill deeper well in KG basin

  • Business Standard, PTI / Hyderabad, 12 November 2012
  • Created:Mon 12th NOV 2012

The JV plans to drill the exploration well to 4,000 meters deepCairn India and its joint venture partners of Ravva fields are planning to invest about $100 million to ...

NOV 12 2012

Essar Energy commissions second unit at Vadinar P2 power plant

  • Essar Energy website
  • Created:Mon 12th NOV 2012

Essar Energy plc [LSE: ESSR], the India-focused integrated energy company, today announced that it has now commissioned the second of two 255 megawatt units at its Vadinar Phase 2 (P2) power ...

NOV 12 2012

Power Grid to lay transmission lines for 400 kv in Punjab

  • Financial Express
  • Created:Mon 12th NOV 2012

  Central transmission utility, PowerGrid Corporation, is undertaking a project of laying the transmission lines of 400 kv across 600 km for Punjab’s transmission ...

NOV 11 2012

Mahadiscom plans subsidised power for industry at night

  • DNA, Sunday, Nov 11, 2012, 16:22 IST
  • Created:Sun 11th NOV 2012

Maharashtra State Electricity Distribution Company Limited (MSEDCL) has proposed a subsidy of Rs2.5 per unit to industry for availing of the surplus 500-700 MW electricity that Mahadiscom can ...

NOV 10 2012

Power generation trips before Diwali

  • TOI, Nov 10, 2012, 04.14AM IST
  • Created:Sat 10th NOV 2012

LUCKNOW: With the festival of light barely four days away, Uttar Pradesh appears to have entered into a dark zone. In the past two days, four units in different power plants have tripped and ...

NOV 10 2012

Power Finance Corp net jumps 33%

  • Business Line, Nov 10, 2012
  • Created:Sat 10th NOV 2012

PFC has reported a 33 per cent increase in its second quarter 2012-13 net profit. The public sector company clocked profit after tax of Rs 1,084 crore during July-September 2012 against Rs ...

NOV 10 2012

Discoms need info-tech solutions

  • Business Line, Nov 10, 2012
  • Created:Sat 10th NOV 2012

The power sector in India witnessed impressive growth in capacity during the 11th Plan with over 55,000 MW of new capacity added. Though this is almost 2.5 times the previous Plan ...