Neyveli Lignite targets 4,240 Mw capacity by 2013-14
Neyveli Lignite Corporation (NLC) has set a target to increase its power generation capacity to 4,240 MW by 2013-14. Its ongoing projects, TPS-II Expansion (500MW) at Neyveli and coal-based power plant of 1,000 MW at (NTPL), Tuticorin are expected become operational in 2013-14.
BGR Energy begins trial run of Mettur thermal project
BGR Energy has started the trial run of the 600 Mw thermal power plant it was contracted to set up at Mettur by the Tamil Nadu Electricity Board, an official spokesperson for the company said. The plant achieved full load of 608 Mw in the trial run on Thursday.
BHEL suppliers hit by power shortage, funding crunch
BHEL’s 600-odd small and medium fabricators are facing closure of business due to lack of power supply, finance and intermittent periods of no orders.
Jayalalithaa reviews power situation to augment generation capacity
Chief Minister J Jayalalithaa on Thursday reviewed the power situation in Tamil Nadu. The CM has expedited the works on three projects which would augment the generation capacity of the State by 3,300 MW, in order to end the power shortage in the state.
Andhra CM for improving power supply
The Andhra Pradesh Chief Minister, N Kiran Kumar Reddy, assured industries that several measures are being taken to mitigate power shortage including pooling power from various sources.
UP proposes six power projects
In a bid to increase the power availability at 21,670 million units in the 12th Five Year Plan between 2012 and 2017, the Uttar Pradesh government has proposed to set up six new power projects in the state.
TN power woes may ease a bit
The load shedding hours in Tamil Nadu has officially been reduced to one from three, showing some improvement in the state’s power scenario. The supply, however, continues to remain erratic on certain days.
Madras Cements Q4 net up 55% at Rs 940.23 cr
Madras Cements, a flagship company of the Ramco Group, on Thursday registered a net profit of Rs 940.23 crore for the fourth quarter ended March 31, 2012, representing 55% increase in its profit. The company had posted Rs 702.64 crore net profit during the corresponding period last year.
Tough times for consumers; power deficit touches 11k MW in April
In signs of worsening power supply situation for consumers, the shortfall in electricity generation during peak hours stood at nearly 11,000 MW in April as fuel scarcity hurt performance of thermal plants.
CM blames Centre for power woes in AP
Andhra Pradesh Chief Minister N Kiran Kumar Reddy blamed the Congress-led government at the Centre for the power troubles in the state.
Power Min propose amendments to Electricity Act, 2003
In a bid to remove anomalies in the implementation of Electricity Act, 2003, the power ministry has proposed amendments to Section 11 of the act, reports Business Standard.
Lanco Infratech selling stake to fund growth
Lanco Infratech Ltd is to sell stake to fund the growth equity needs. Lanco Infratech will be divesting part stake via private equity deals at the holding company level, verticals and special purpose vehicles (SPV).
Lanco Infratech selling stake for fund growth
Lanco Infratech Ltd is to sell stake to fund the growth equity needs. Lanco Infratech will be divesting part stake via private equity deals at the holding company level, verticals and special purpose vehicles (SPV).