ENGINEERING conglomerate Larsen & Toubro expects its power equipment subsidiary, L&T Power, to become one of the top contributors to the company

Jan. 10: The ministry of environment and forests (MoEF), is all set to grant environmental clearance to Jindal Power Ltd (JPL), a company owned by Congress MP, Mr Naveen Jindal.

State-owned National Aluminium Company (Nalco) has chalked out plans to enter the power business through the special purpose vehicle (SPV) route. The company plans to produce over 2,000 Mw by 2016.

Once equity investment in its power business starts, Nalco will hive off the business into an SPV named Nalco Power or Nalco Energy.

THE environment ministry will have an integrated approach while dealing with clearance to projects dependent on coal, such as thermal power, steel and sponge iron manufacturing.

These projects will need to secure environmental and forest clearances for the linked coal block or mine before applying for clearances for the project.

Bhubaneswar: Unable to get clearance for allocating coal blocks from the environment ministry, the Power Finance Corporation (PFC) is expected to defer for the third time the bidding process for its 4,000 MW ultra mega power project at Bedabahal in Odisha, by two months.

The preliminary bidding process for the project may be extended for the third time to November on account of environmental is

PUBLIC sector power equipment giant Bharat Heavy Electricals (Bhel) has secured a 2,665-crore order from Visa Power (VPL), an independent power producer, for setting up of a 1,200 mw (2x600 mw) thermal power plant in Chhattisgarh.

The VPL

BHEL ON Wednesday said it has bagged a Rs 2,665 crore contract for setting up a 1,200 MW coal-based thermal power plant in Chhattisgarh.

New Delhi: Jindal Power Ltd (JPL) could be in for more trouble with the Chhattisgarh government filing legal proceedings against it for illegally starting work on its 2,400 MW thermal power project in the state.

THE Bedabahal (Orissa) ultra mega power project may hit a road block as the captive coal mines linked with the 4,000 MW project now figures in the list of areas prohibited for mining activities by the environment ministry.