ULTRA MEGA POWER PROJECTS
Capacity utilisation to rise as power demand to hover between 6-7%
In a ratings statement Ind-Ra said the stable-to-negative outlook reflects mounting receivables by state distribution companies (discoms) due to inadequate improvement in operational parameters.
RPower gets CERC nod to meet new environment norms at Sasan UMPP
The CERC approval would enable the company to recover the cost of the system...
Tata power: may not be able to run mundra power project after February
Facing liquidity crunch, company urges states to expedite pass-through...
HC seeks Centre's reply on Sasan's plea for more coal
Sasan has contended in its application that the threat of a shutdown was looming large over the operation of the power project if it was not allowed to mine coal in excess of the cap set by the Centre.
Reliance Infrastructure EPC wins contract for Rs 882 crore NHAI road project
The company has been given the letter of award (LoA) fromNHAI for managing the extensive highway network in the country to complete the project in 24 months from the appointed date.
'Govt not to rush to set up ultra mega power project in Bihar'
Responding to supplementaries Piyush Goyal said the govt would prefer to adopt a "calibrated" approach in setting up an ultra mega power project in Banka region of Bihar.
Government mulls longer fixed cost recovery period for hydro power
The ministry is working on the hydropower policy to provide Rs 16,000 crore assistance to projects to promote the clean source of energy.
Work to start on Adani's Jharkhand plant in June: Jharkhand Chief Secretary Raj Bala Verma
Gautam Adani-led conglomerate has committed Rs 20K cr in various projects, including the ultra mega plant at Godda, during the just-concluded Momentum Jharkhand investment summit.
Bidding for 2 ultra-mega power projects to start next month
"We expect to call bids for about four UMPPs before the end of the fiscal," Pujari said, adding that the UMPPs that could be offered include Bedhabahal and Deogarh.
Jharkhand's Tilaiya ultra mega power project likely to be auctioned afresh
Distribution utilities in 10 states that have power purchase agreements with the project agreed to compensate Reliance Power as per the provisions of the contract.
Power regulator expected to decide on Tata Power’s compensatory tariff case this month
Experts said the Mundra project became loss making after Indonesia issued new regulations that raised the price of coal, while rupee depreciation added to woes.
Q2 preview: Tata Power may report 41% jump in net profit, 22% slide in sales
The integrated power producer had reported a net profit of Rs 247 crore for the corresponding quarter last year. The company is scheduled to announce its quarterly results later in the day.
Tilaiya ultra mega power project in limbo as Maharashtra, Tata Power refuse to pay
Maharashtra and TPDDL have refused to pay the termination fee of around Rs 10 crore, saying they do not want to pay for a project which never took off.
Bidders may mortgage land, coal blocks for ultra-mega power projects
The panel has also recommended creating two special purpose vehicles (SPV) for each proposed UMPP that can be mortgaged, for owning infrastructure like land, captive coal blocks.
Private agreement between two Indian parties to conduct arbitration outside country will not be interfered with by court: Supreme Court
The UMPP has a dispute over certain clauses of agreement executed between it and the North American Coal Corporation India Private Limited.
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