KOLKATA: In a bid to address the growing opposition to the Jaitapur nuclear power plant project, the Nuclear Power Corporation of India (NPCIL) has finalized a new Rs 650 crore rehabilitation package, which it claims is "10 times" more effective than the existing one. The plant is an Indo-French joint venture. "We have improved the rehabilitation package by 10 times.

DB Power is close to raising . 2,625 crore to part-finance its mega power project in Chhattisgarh. The DB Corp subsidiary is developing a 1,200-mw coal-fired mega power plant in the state at an estimated cost of . 3,500 crore. It is raising 75% of the project cost as debt.

The company hopes to sign the credit deal in the next two weeks, with SBI as the sole debt arranger and syndicator.

The Government of India-run Power Finance Corporation (PFC) has sanctioned power projects worth Rs 3,000 crore for the NE region during the current financial year.

Chennai RRB Energy (RRBEL), one of the key players in wind power sector, is planning to develop and manufacture wind electric generators (WEGs) of 3 mw capacity.

It is likely to sign an agreement with a German company for technology and development support within the next two months.

"We have had discussions with the consultant for helping us with this exercise.

BHUBANESWAR: Acting on a writ petition filed by one Suresh Pradhan and others, the Orissa High Court today issued notices to the Centre and State Government along with Jindal India Thermal Power Ltd over establishment of its power plant at Deranga in Angul district.

A Division Bench of Chief Justice V Gopalagowda and Justice BN Mohapatra has also directed status quo on the public roads within

The power ministry has asked Central Electricity Authority (CEA) to regularly monitor the implementation of ultra mega power projects (UMPPs), with generation capacity of about 4,000 Mw each.

Oil and Natural Gas Corporation (ONGC) has said that Cairn never disputed cost recovery of royalty on crude oil production from the Barmer field before August 16, 2010, when Vedanta Resources announced buying of a majority stake in Cairn India.

A senior ONGC executive told Business Standard that his company was willing to pay 100 per cent royalty on the Barmer production but wanted it to be adj

Essar Energy has agreed to buy Royal Dutch Shell

‘Most of the formalities for setting up the 750 MW Pragati-II plant completed' BHEL to set up the 750 MW project at price of Rs.2.20 crore per MW Raj Ghat plant to be closed; Indraprastha Gas Corporation to be restructured NEW DELHI: On the lines of the 750-MW Bawana power project that has already become partly functional, the Delhi Cabinet has now approved setting up of a 750-MW Pragati

The Delhi Cabinet has given an in-principal approval for setting up the 750-MW Pragati-II power plant at Bamnauli, a project that has been under discussion for a long time.

The Bamnauli project is integral to the Delhi