Power Finance Corporation (PFC) has extended the bid submission date for the Orissa ultra mega power project by another two months to March 31, with environmental issues relating to the mining of allocated captive coal blocks still being unresolved.

First Unit Of . 7,000-Crore Project To Be Completed Six Months Ahead Of Schedule
JAIPRAKASH Power Ventures Limited will commission the first unit of its 1,000 mw hydroelectric power project in Himachal Pradesh in March, six months ahead of schedule.

The first unit of the .

THE Indian Railways will put coal movement on its priority list to ensure timely supply of the fuel to power stations, a senior official said.
For this, the Railways has rationalized its freight scheme by specifying dedicated routes linking coal producing areas with power stations.

MUMBAI: Energy and environment solutions provider Thermax has bagged the contract for setting up the country's first-ever geothermal power plant in Maharashtra. A
Memorandum of Understanding (MoU) between the Maharashtra Energy Development Authority (MEDA) and Thermax is likely to be signed shortly in this regard.

Companies to lose earnest money
Unlike past, it will not be easy for independent power producers (IPPs) to surrender projects after allotment as the government has finally incorporated a provision for forfeiting the earnest money in such an eventuality.

The provision will be enforced for the 18 hydroelectric projects with the aggregate generation capacity of 1385.5 MW for which global bids hav

Just three years after shelving its multi-billion dollar investment plans at Nandigram in West Bengal, one of the promoter groups, Singapore-based Universal Success Enterprises (USEL) has returned with plans to set up a power project in Nayachar, the sparsely inhabited delta near the original flashpoint.

The project is part of two coal-based plants with a combined capacity of about 6,000 MW in

With the proposed commissioning of a 50-Mw tidal power project off the coast of Gujarat in 2013, India is ready to place its first

NTPC

Reliance Venture Asset Management (RVAM), the venture capital arm of the Reliance ADA Group, is set to acquire a minority stake in AllGreen Energy Ltd.

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.