India seeks Qatari investment in Indian infrastructure sectors
India is soliciting cash-rich Qatar’s active participation in infrastructure development projects as the South Asian nation hopes to invest an incredible $1 trillion in infrastructure over the next five years.
Industrial production rise 2.5 pc in March, capital goods maintain momentum up
The Index of Industrial Production (IIP) for the month of March 2013, released by the Central Statistics Office is 2.5% higher as compared to the level in the month of March 2012. The cumulative growth for
20,622 Mw of power generating capacity added in FY’13
India has added power generation capacity of 20,501.70 Mw and 20,622.8 Mw during the years 2011-12 and 2012-13, respectively resulting from regular reviews of progress of thermal and hydro power
MMRDA to generate energy from waste by investing Rs 300 crore
The Mumbai Metropolitan Region Development Authority (MMRDA) is all set to generate 30 Mw of power from its Rs 300 crore ‘waste to energy’ project. MMRDA is developing the project on a public-
Odisha Power Gencorp awards Rs 4,051 crore contract to BHEL
Odisha Power Generation Corporation Ltd (OPGC) has placed a contract order with power equipment major Bharat Heavy Electricals Ltd for supply and erection of 1320 Mw capacity main plant under its
Odisha Power Generation Corporation expansion plan approved
The proposal of Odisha Power Generation Corporation (OPGC) to install the third and fourth units at its Ib valley plant near Jharsuguda has been approved by the Odisha state government. The two new units
CSO fails to release comparable numbers, IIP for February up 4.2% and not just 0.6%
The Quick Estimates of Index of Industrial Production (IIP) with base 2004-05 for the month of February 2013 released by the Central Statistics Office of the Ministry of Statistics and Programme Implementation pegs the industrial growth for the month at 0.6% YoY. It appears that the CSO has
Nepal floodwaters to be tapped for hydro power in Uttar Pradesh
Thinking innovative to increase power supply and also mitigating the havoc caused by flooding, the Uttar Pradesh government is mulling to tap flood waters brought by Himalayan rivers flowing from Nepal during the monsoon, to generate hydro power.
DPSC plans expansion, to invest Rs 25,000 crore for 4300 Mw expansion
SREI Infra Finance Group power arm, DPSC Ltd has plans to expand its presence through setting up new power generation plants outside the state of West Bengal entailing an investment of Rs 25,000 crore.
It’s not April fool! Leap year takes a toll on core industries’ growth, seasonally adjusted grows 1.1%
Output of eight core sector industries declined 2.5% in February, 2013, against a growth of 3.1% in the previous month and a significant 7.7% expansion in February, 2012, smashing expectations of policy
Kotak Mahindra Bank raises $90 million in infrastructure fund
Kotak Mahindra Bank has raised about US$90 million for a dedicated fund to invest in infrastructure sector, the company said in a statement.
Industrial production on positive territory, manufacturing up
The General Index of Industrial Production for the month of January 2013 stood at 181.8, up 2.4% compared to the level in the same month of 2012. Cumulatively, the growth for the period April-January 2012-13 over the corresponding period of the previous year was at 1.0%.
JNNSM envisages viability gap funding for solar projects
A model of Viability Gap Funding (VGF) for grid connected solar power projects has been envisaged in the Phase-II of Jawaharlal Nehru National Solar Mission (JNNSM). However, for wind energy no new funding model is proposed.
55MW solar plant in Rajasthan commissioned
Kiran Energy, a solar power producer has commissioned a 55MW plant in the Rawra village of Rajasthan. The project was implemented under the Phase I of the Jawaharlal Nehru National Solar Mission and enhances the company capacity to 80MW. Apart from this project, Kiran Energy has also undertaken the construction of solar clusters in several states like Gujarat, Karnataka, Maharashtra, ...
First ever transmission project on viability gap funding inaugurated
The first ever transmission project to get Viability Gap Funding (VGF) support from the central government was inaugurated by Deepender Singh Hooda, MP from Rohtak on 4 March at Jhajjar in Haryana. The project was implemented by Jhajjar KT Transco Pvt Ltd (JKTPL), a SPV with 51:49 Joint Venture between Kalpataru Power Transmission Ltd and Techno Electric and Engineering Company Ltd. The ...