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SEP 26 2012

Foot on the gas

  • The Economist, Tokyo / 26 September 2012
  • Created:Wed 26th SEP 2012

The nuclear crisis helps reshape Japans foreign-policy prioritiesWITH doubts running high about how long the Japanese government can survive, its decision last week to ...

SEP 25 2012

Solar energy has a place in the generation mix: First Solar’s Sujoy Ghosh

  • Business Line, M. Ramesh / Chennai, 25 September 2012
  • Created:Tue 25th SEP 2012

In the two years it has been in India, the American solar panel manufacturer, First Solar, has gathered as much mind-share as market share. The company has been in the news for both positive ...

SEP 25 2012

Haryana signs pact with power producers

  • Business Line, PTI / Chandigarh, 25 September 2012
  • Created:Tue 25th SEP 2012

The Haryana government has signed a memorandum of understating (MoU) with four independent power producers for setting up of five biomass power projects of 51 MW capacities that envisage an ...

SEP 25 2012

Fuel surcharge: Additional burden on AP power consumers

  • Business Line, Our Bureau / Hyderabad, 25 September 2012
  • Created:Tue 25th SEP 2012

Power consumers in Andhra Pradesh are in for another shock as they will have to pay fuel surcharge adjustment charges for the years 2010-11 and 2011-12.Consumers will have ...

SEP 25 2012

More power plants to come up in 2013, says TN Electricity Minister

  • Business Line, Our Correspondent / Madurai, 25 September 2012
  • Created:Tue 25th SEP 2012

The present power crisis in the State is temporary and would disappear as a range of new power plants are scheduled to be commissioned in the coming months. Completion of the projects by ...

SEP 25 2012

Jindal Power may be hit hardest by new bid norms

  • Financial Express, Rishi Raj, Noor Mohammad / New Delhi, 25 September 2012
  • Created:Tue 25th SEP 2012

Jindal Power will be hit hardest by a government plan to insert a new clause in the competitive bidding process for electricity generation companies to clinch power purchase agreements ...

SEP 25 2012

Discoms must improve efficiency: Bankers

  • Business Standard, BS Reporter / Mumbai, 25 September 2012
  • Created:Tue 25th SEP 2012

Tackling debt burden not enough bat for technical and operational reformsHaving secured the debt recast package is just half a battle won. Banks want ailing state power ...

SEP 25 2012

A good time to look at NTPC

  • Business Standard, Priya Kansara Pandya / Mumbai, 25 September 2012
  • Created:Tue 25th SEP 2012

The company is best positioned among its peers in terms of fuel availability and depends for only up to 10% of its total requirement on imported coalAfter its initial ...

SEP 25 2012

Centre approves Rs 1.9 lakh crore debt reijg of discoms

  • Economic Times, PTI / New Delhi, 25 September 2012
  • Created:Tue 25th SEP 2012

Pushing new reforms in the power sector, the Centre today approved restructuring of Rs 1.9 lakh crore debt of State Electricity Boards in a move to turnaround the near-bankrupt power ...

SEP 25 2012

Power sector needs right kind of politics, not financial bailout

  • Economic Times, ET Bureau / 25 September 2012
  • Created:Tue 25th SEP 2012

A massive financial bailout for moribund state power utilities, reportedly totalling about Rs 1.9 lakh crore, is on the cards, under which the state governments would take on half the ...

SEP 25 2012

Good news for power sector: Government to revive bleeding state electricity boards

  • Economic Times, ET Bureau / New Delhi, 25 September 2012
  • Created:Tue 25th SEP 2012

The government has unveiled more business-friendly policies, with a package to unclog investment flows into the power sector by reviving bleeding state electricity boards, and reached out to ...

SEP 25 2012

NTPC markets dollar debt as yields fall to two-year low

  • Mint, Rachel Evans & Henry Sanderson / Hong Kong, Beijing, 25 September 2012
  • Created:Tue 25th SEP 2012

This is the first such offering by an Indian non-financial company since FebruaryNTPC Ltd is marketing a sale of dollar-denominated bonds in the first ...

SEP 25 2012

Throwing good money after bad

  • Mint, Utpal Bhaskar / New Delhi, 25 September 2012
  • Created:Tue 25th SEP 2012

Restructuring short-term loans will only postpone the doomsday finale of the ongoing crisis in the power sectorEvery move by the Congress led-United ...

SEP 25 2012

Adani Power pledges additional 70 mn shares

  • Business Standard, Press Trust of India / New Delhi, 25 September 2012
  • Created:Tue 25th SEP 2012

Financial details of the transaction were not disclosedAdani Power today said it has pledged more than seven crore additional shares, accounting for about 3.25% stake in ...

SEP 25 2012

Coal India banking on modernisation drive

  • Business Line, Siddhartha P. Saikia / New Delhi, 25 September 2012
  • Created:Tue 25th SEP 2012

To outsource 13 open-cast mines; finalise 4 new washeriesCoal India Ltd, which came under attack for falling output from its mines, has decided to modernise its existing ...

SEP 25 2012

CAG pulls up Bengal over bad finances

  • Business Line, Our Bureau / Kolkata, 25 September 2012
  • Created:Tue 25th SEP 2012

Comptroller and Auditor General of India (CAG) has picked holes in the West Bengal Government’s finances in 2010-11, when the Left Front was in power. Principal accountant general ...

SEP 25 2012

Don’t reduce Coalgate to an accountant’s quibble

  • Business Line, S.Murlidharan / 25 September 2012
  • Created:Tue 25th SEP 2012

Sharing the dais with the Prime Minister, Chief Justice S. H. Kapadia said, in the course of his address on Saturday, that profit was opinion. Implicit in this assertion was a hint of ...

SEP 25 2012

Coal block probe to include United Front, NDA regimes

  • Financial Express, FE Bureau / New Delhi, 25 September 2012
  • Created:Tue 25th SEP 2012

The government has widened the scope of the Central Bureau of Investigation (CBI) probe into captive coal block allotment by including all allocations made between 1993 and 2009. This means ...

SEP 25 2012

Indira Rajaraman: Coal and the CAG

  • Business Standard, Indira Rajaraman / New Delhi, 25 September 2012
  • Created:Tue 25th SEP 2012

Corrective action on the coal scam must not be such as to impose further obstructions to production of coal from the blocks allottedThe macroeconomic situation in the ...

SEP 25 2012

Indian oil firms bid for Conoco Canada oil assets

  • Mint, Nidhi Verma / New Delhi, 25 September 2012
  • Created:Tue 25th SEP 2012

Person familiar with the matter says the bid was submitted at the end of JulyThree Indian oil firms have bid $5 billion for Canadian oil sands assets of US-based ...