Preferred option will be greenfield growth, says Finnish firm’s MD, Sanjay Aggarwal

IL&FS Energy Development Co Ltd, the power generation and infrastructure development arm of Infrastructure Leasing & Financial Services Ltd, proposes to rapidly ramp up its solar power gene

India’s installable wind energy potential has been estimated to be 302 GW with towers of a height of 100 metres.

Projects stuck on land, environment, forest clearances

Can help achieve grid parity fromday one, says Goyal

Mumbai London-listed Vedanta’s iron ore mining arm in India, Sesa Goa, is likely to produce only a third of its fiscal 2012-13 production target of 15 million tonne from Goa as the company faces a lengthy spell of non-production in the state.

In September, the Goa government first announced a ban on iron ore mining due to environmental concerns raised by the Justice MB Shah commission. However, on October 5, the Supreme Court extended the ban for a further one month till the Central Empowered Committee submitted its report.

Mumbai Sajjan Jindal, the promoter of JSW Steel, and brothers Pramod and Vinod Mittal of Ispat Industries have agreed to merge their steel companies to create India’s second largest steel company w

Vedanta Resources, the London-listed holding company, will sell its stake in three companies in India to its Indian subsidiary Sterlite Industries in an all-share deal, two people with direct knowledge of the development said.

Vedanta, owned by billionaire Anil Agarwal, will sell its 100% stake in Vedanta Aluminium, the 94.8% it owns in Madras Aluminum and its 38% stake in oil refiner Cairn Energy to Sterlite Industries to make its subsidiary a metal, mining and oil giant.