New Delhi: ONGC plans to invest over $10 billion to develop its new gas field in the KG basin for production. ONGC aims to develop the KG basin through four different projects.

The West Bengal Power Development Corporation Ltd will enter into joint venture agreements with both Bharat Heavy Electricals Ltd (BHEL) and NTPC Ltd for setting up power plants at Katwa in Burdwan and Santhaldighi in Purulia by the end of this year.

Memorandum of understanding is expected to be signed between the State government and the companies soon, the State Power Minister, Mr Nirupam Sen

Talks with FIs, state governments on for 1,000-Mw capacity; may also float subsidiary for solar EPC.

After a small presence in the biomass energy sector, Areva, the French energy major, is betting big on solar power in India.

Shanghai Electric To Supply Equipment For 23,760 MW

RELIANCE Power has placed an $8.29-billion order with Shanghai Electric Corp for equipment to generate 23,760 MW, putting the Anil Ambani controlled firm on track to become a leading power producer and hoisting the supplier's shares to a two-and-ahalf-year high.

Ahmedabad: Adani group chairman Gautam Adani on Monday reiterated that the group is committed to investing $6.9 billion in developing the mine, rail and port project for its Galilee Basin coal mine.

The Union power ministry has favoured the allocation of the bulk of new natural gas output from fields such as those of Reliance Industries to Anil Ambani-run Reliance Power

GUWAHATI, Oct 14

PSU to complete Rs 15,000-crore project in three years

The Punjab government has allotted the biggest thermal power plant being set up in Gidderbaha to National Thermal Power Corporation Limited (NTPC).

Minister of State for Energy (Independent Charge) Rajendra Shukla inspected the 1200 MW Singaji Thermal Power Project under construction in Khandwa district today. After the inspection the minister convened a meeting of the concerned officers and representatives of the construction agencies.

Rajendra Shukla said that power production is the topmost priority of the state government.

The environment and forests ministry (MoEF) is imposing yet another policy which will delay progress of the power ministry