Neyveli Lignite seeks to commission 250 MW unit in RajasthanOctober 10th, 2009 CHENNAI - The state-run Neyveli Lignite Corporation Limited (NLC) has sought the central government's permission to commission a 250-MW power project in Rajasthan, a company official said. The company already has a mandate to build two 125 MW project at Barsingsar village in Rajasthan.
Vallarpadam container terminal to be commissioned in 2010's first quarterOctober 10th, 2009 KOCHI - The Rs.2,118 crore (Rs.21.18 billion) International Container Transshipment Terminal (ICTT) - the country's first global hub terminal, at Vallarpardam near here is nearing completion and will be commissioned in the first quarter of 2010, officials said Saturday. The facility is being developed by Dubai Port World (earlier known as Dubai Port International) and the container berth will be of 1,800m and have a depth of 14.5m.
Moser Baer to develop solar power project in MaharashtraSeptember 3rd, 2009 MUMBAI - Moser Baer India, with business interest in optical storage media, is developing a 1 MW solar power project in Chandrapur in Maharashtra. When completed, it will be one of the largest solar projects in the world using the latest thin film technology, the firm said.
Himachal power project owners asked to give development fundsJuly 14th, 2009 SHIMLA - Himachal Pradesh Tuesday asked mini hydropower project producers to provide funds for the development of the areas where the power plants have been commissioned, a government spokesperson said. "The state government decided that all private power producers generating hydroelectricity up to 100 KW (0.1 MW) will have to provide three percent of the income generated from the project to the local gram panchayat for the first 12 years and six percent thereafter.
India to provide online education to students in LesothoJuly 1st, 2009 NEW DELHI - India Wednesday inked an agreement with Lesotho to provide online education to students of the southern African country, the government said in a statement. The Rs.543-crore (about $110 million) project, funded by the external affairs ministry, will be implemented by the state-owned Telecommunications Consultants India Ltd (TCIL) on a turnkey basis.
First unit of Gujarat's Mundra power plant ready for operationMay 14th, 2009 MUNDRA - The first unit of Mundra power plant in Gujarat is set to start by May 20. The Adani Power, an ancillary of the Adani Group, is ready to generate 330 MW out of 4620 MW capacity in Mundra power plant.
Navy to take ONGC's help to salvage helicopter wreckageApril 6th, 2009 PANAJI - Unable to salvage the wreckage of a Naval helicopter, that had crashed off Goa last month, the Indian Navy has sought expertise from the Oil and Natural Gas Corporation (ONGC) in recovering the debris from the seabed. Speaking to reporters on the sidelines of the inauguration of facilities at the INS Hansa for parking MIG 29 fighter planes, being acquired by the Indian Navy from Russia, commander in chief of the Western Naval Command Vice Admiral J.S.
ONGC defers fresh investments in Imperial EnergyMarch 26th, 2009 NEW DELHI - The state-run Oil and Natural Gas Corp (ONGC) has postponed its investments in its biggest acquisition, Imperial Energy, and will consolidate operations in western Siberia, the top company official said here Thursday. 'We have decided to do analytical and consolidation studies rather than investing more in raising output,' ONGC chairman and managing director R.S.
Parsvnath's Ahmedabad luxury hotel to be ready by 2010March 17th, 2009 AHMEDABAD - Parsvnath Hotels Ltd (PHL), a subsidiary of real estate major Parsvnath Developers, Monday said its Rs.2.5-billion (Rs.250-crore) five-star hotel project in Vejalpur near here would be completed by 2010-end. The 152-room luxury hotel will also have a 24-hour coffee shop, multi-cuisine and specialty restaurants, conference rooms, a business centre and a few boutique stores, a senior company official said.
Four labourers buried alive in Himachal PradeshFebruary 14th, 2009 SHIMLA - Four labourers were buried alive while working in a tunnel for a power project in Himachal Pradesh's Kullu district, the police said Sunday. 'Four labourers, who were working in a penstock tunnel, were killed when debris fell on them this (Sunday) evening,' Kullu Superintendent of Police Jagat Ram told IANS.
NTPC to set up hydroelectric project in MizoramFebruary 8th, 2009 AIZAWL - A 460 MW hydroelectric project will be set up by state-run National Thermal Power Corporation (NTPC) in Mizoram, officials said here Monday. A Memorandum of Understanding (MoU) was signed between NTPC and the Mizoram government to commission the Rs.30 billion power project in Sahia and Lawngtlai districts of southern Mizoram.
Delhi cabinet gives nod to Rs.100 mn projectJanuary 27th, 2009 NEW DELHI - To make the national capital smoke-free before the 2010 Commonwealth Games, the Delhi cabinet Wednesday cleared a Rs.100 million project to be implemented by the government in collaboration with the Bloomberg Global Initiative (BGI). 'The cabinet has given its nod to the project...
Reliance Power logs Rs.1.06 bn profit in third quarterJanuary 21st, 2009 NEW DELHI - Reliance Power, a part of the Anil Dhirubhai Ambani Group, Thursday reported a consolidated net profit of Rs.1.06 billion ($21.6 million) for the quarter ended Dec 31. The company's total income stood at Rs.1.31 billion.
Agreements of over Rs.400 bn on Gujarat investment summit's last dayJanuary 12th, 2009 AHMEDABAD - As many as 39 memorandums of understanding (MoUs) worth over Rs.41,002 crore (Rs.410.2 billion) in chemicals and petrochemicals sector were signed Tuesday morning, on the final day of the two-day Vibrant Gujarat Global Investors Summit. 'These investments in the chemicals and petro-chemicals sector will help in providing employment to 14,070 persons in different capacities,' Gujarat Energy Minister Saurabhbhai Patel said.
NTPC's Chhattisgarh unit begins commercial energy productionJanuary 1st, 2009 RAIPUR - The second 500 MW stage-II unit of the state-owned National Thermal Power Corp's (NTPC) Sipat project in Chhattisgarh has begun commercial production, a company official said Friday. The approved capacity of Sipat Super Thermal Power Project, located some 140 km from here in Bilaspur district, is 2,980 MW.