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AUG 24 2012

1,000 MW solar power plants installed in last two years: Abdullah

  • Business Line, Richa Mishra / New Delhi, 24 August 2012
  • Created:Fri 24th AUG 2012

A total of around 1,000 MW capacity solar power plants have been installed in the country in the last two years. If this trend continues, the country will achieve the target of 20,000 MW ...

AUG 24 2012

GVK gets okay for $10-bn Alpha coal mine, rail project

  • Financial Express / Hyderabad, 24 August 2012
  • Created:Fri 24th AUG 2012

GVK Power and Infrastructure has got environmental clearance for its $10 billion Alpha coal and rail project in the Australian state of Queensland, attached albeit, with a string of 19 ...

AUG 24 2012

Oppn-govt standoff over CAG report continues

  • Financial Express, PTI / New Delhi, 24 August 2012
  • Created:Fri 24th AUG 2012

The standoff between the Opposition and government over the CAG report on coal block allocation resulted in the wastage of the third consecutive day of Parliament on Thursday as BJP was ...

AUG 24 2012

PAC to take up CAG reports on coal, DIAL, mega power projects

  • Business Line, Jigeesh AM / New Delhi, 24 August 2012
  • Created:Fri 24th AUG 2012

The Public Accounts Committee will take up the CAG reports on coal allocation, the public-private partnership project in the Delhi International Airport, ultra mega power projects and the Atomic ...

AUG 24 2012

Mining sector a growth engine for AP: Minister

  • Business Line, V Rishi Kumar / Hyderabad, 24 August 2012
  • Created:Fri 24th AUG 2012

Haulers on display at the second Process Engineering Expo 2112 and Machine Tool Expo 21012 that opened in Hyderabad on Thursday at the HiTEX Exhibition Centre. Photo: P.V. Sivakumar ...

AUG 24 2012

ONGC's plan to hive off CBM assets to face delay

  • Business Standard, Kalpana Pathak / Hyderabad, 24 August 2012
  • Created:Fri 24th AUG 2012

An international bid may have to contend with falling investor interest Oil and Natural Gas Corporation (ONGC)s plans to move out of the coal bed methane (CBM) business and focus on ...

AUG 24 2012

ONGC may renew search for strategic partners

  • Business Line, Pratim Ranjan Bose / Kolkata, 24 August 2012
  • Created:Fri 24th AUG 2012

After four years of struggling to rope in strategic partners for its loss-making coal bed methane assets, ONGC may approach the board again on August 30 to repeat the search. The company ...

AUG 24 2012

CCEA approves 5 oil & gas blocks, cancels 2 under Nelp-IX auction

  • Financial Express / New Delhi, 24 August 2012
  • Created:Fri 24th AUG 2012

The Cabinet committee on economic affairs on Thursday approved five oil and gas blocks and cancelled two blocks under the Nelp-IX auction. The Cabinet cancelled two blocks, CB-ONN-2010/8 and ...

AUG 24 2012

Fuel consumption up 9.4% in July

  • Financial Express, Reuters / New Delhi, 24 August 2012
  • Created:Fri 24th AUG 2012

Indias fuel consumption rose 9.4% in July, its highest pace since November, driven by rising demand for auto fuels and irrigation because of deficient monsoon rains, the data posted on the ...

AUG 24 2012

BPCL and Videocon strike oil in Brazil block

  • Financial Express / Chennai, 24 August 2012
  • Created:Fri 24th AUG 2012

A consortium in which the wholly-owned subsidiaries of Bharat Petroleum Corporation (BPCL) and Videocon Industries are members have completed the drilling of a second well in a block off the ...

AUG 24 2012

Season of change at Cairn

  • Business Standard, Jyoti Mukul & Ajay Modi / New Delhi, 24 August 2012
  • Created:Fri 24th AUG 2012

New chairman Navin Agarwal has to reinstate faith of shareholders With the Agarwal family tightening its grip over Cairn India, and the oil concern re-focusing on exploration, the ...

AUG 24 2012

Nod to award 5 more oil & gas blocks

  • Business Standard / New Delhi, 24 August 2012
  • Created:Fri 24th AUG 2012

The Cabinet Committee on Economic Affairs (CCEA) today approved the award of five additional oil and gas blocks offered in the ninth round of bidding under the New Exploration & Licensing ...

AUG 24 2012

RELIANCE POWER ENTERS INTO A STRATEGIC PARTNERSHIP WITH CHINA DATANG

  • Reliance site
  • Created:Fri 24th AUG 2012

Reliance Power, a Reliance Group company, signed a memorandum of understanding to form a strategic partnership with China Datang Corporation (CDT) represented by the China Datang Overseas ...

AUG 23 2012

Regulator asks Tata Power not to cherry-pick R-Infra customers

  • Business Standard, Sanjay Jog / Mumbai, 23 August 2012
  • Created:Thu 23rd AUG 2012

The Maharashtra Electricity Regulation Commission (MERC) on Wednesday directed Tata Power Company (distribution) not cherry-pick consumers of Reliance Infrastructure (distribution) under the ...

AUG 23 2012

Power sector trips on planning front

  • Business Line, Surabh Kumar / Mumbai, 23 August 2012
  • Created:Thu 23rd AUG 2012

Demand projections should account for growing consumption of consumer goods such as air-conditioners. S. R. Raghunathan. Power, like any other infrastructure sector, requires ...

AUG 23 2012

Power woes push small units to the brink in Vizag

  • Business Line / Visakhapatnam, 23 August 2012
  • Created:Thu 23rd AUG 2012

The Andhra Pradesh Eastern Power Distribution Company Ltd here increased power holiday for industrial units by a day from Wednesday, taking it to 3 per week, triggering protests by ...

AUG 23 2012

No VAT on diesel used for captive power generation

  • Business Line, Surabh Kumar / Hyderabad, 23 August 2012
  • Created:Thu 23rd AUG 2012

State to seek additional power from TN The Andhra Pradesh Government today announced exemption of VAT on diesel for power generation for captive use while also deciding to allow ...

AUG 23 2012

Essar Energy facing heat of UK corporate governance

  • Financial Express / New Delhi, 23 August 2012
  • Created:Thu 23rd AUG 2012

Londons Pensions and Investment Research Consultants (PIRC) has advised its clients to vote against the re-election of Essar Energys chairman Prashant Ruia on the ground that he was part of the ...

AUG 23 2012

Alstom and BHEL to supply turbo-generator package for Rawatbhata nuclear plant

  • Economic Times, Debjoy Sengupta / Kolkata, 23 August 2012
  • Created:Thu 23rd AUG 2012

Alstom, in consortium with Bhel, has secured a contract from the Nuclear Power Corporation to supply turbine generator package for its Rajasthan Atomic Power Project (RAPP) units 7 & 8, ...

AUG 23 2012

CAG criticizes atomic energy regulator over policy gaps

  • Mint, Jacob P. Koshy / New Delhi, 23 August 2012
  • Created:Thu 23rd AUG 2012

The Comptroller and Auditor General (CAG) has criticized Indias atomic energy regulator for not being truly independent, not having a radiation safety policy and being lax in monitoring the ...