Sterlite Power Transmission Limited Sterlite Power on Wednesday said it has acquired Fatehgarh III Beawar Transmission, a special purpose vehicle, from PFC Consulting Limited. PFC Consulting Limited (PFCCL) is a wholly-owned subsidiary of Power Finance Corporation Limited under the Ministry of Power. “Sterlite Power acquires Fatehgarh III Beawar Transmission Project in Rajasthan… Continue reading Sterlite Power acquires Fatehgarh III Beawar Transmission from PFC
Tag: power
NTPC, Hindalco, Bajrang Power, Ispat bag coal mines in 7th auction round
NTPC, Hindalco Industries, Bajrang Power and Ispat bagged one mine each during the seventh round of coal auctions. NTPC Ltd bagged the North Dhadu (Eastern Part) coal block in Jharkhand, which has 439 Million Tonnes (MT) of coal reserves, the Ministry of Coal said in a statement on Wednesday. Hindalco Industries bagged… Continue reading NTPC, Hindalco, Bajrang Power, Ispat bag coal mines in 7th auction round
Tata Power Renewable Energy signs pacts with MSEDCL for two solar projects
Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power, on Wednesday, signed two power purchase agreements (PPAs) with Maharashtra State Electricity Distribution Company Ltd (MSEDCL) for commissioning two solar power projects, 200 MW and 150 MW, respectively. Located in Maharashtra, these projects of 200 MW and 150 MW will play a crucial… Continue reading Tata Power Renewable Energy signs pacts with MSEDCL for two solar projects
GE Power gets LoI for contact worth of Rs 444 crore; stock surges 13%
Shares of GE Power India hit a 52-week high of Rs 181 as they surged 13 per cent on the BSE in Wednesday’s intra-day trade, in an otherwise a weak market, after the company received a Letter of Intent (LoI) from Gujarat State Electricity Corporation for contract worth of Rs 444 crore. In an exchange… Continue reading GE Power gets LoI for contact worth of Rs 444 crore; stock surges 13%
Power stocks may surge up to 12% on robust trend
Shares of power sector displayed a robust momentum on Tuesday, with NTPC hitting a new historic peak and Orient Green Power Company surging 14 per cent. Similarly, Jaiprakash Power, Urja Global and RattanIndia Power gained over 6 per cent, respectively. So far this year, NTPC has soared 36 per cent, Torrent Power zoomed… Continue reading Power stocks may surge up to 12% on robust trend
Tata Power surges 10% in 3 days on positive outlook; stock nears 52-wk high
Shares of Tata Power Company hit a 10-month high at Rs 243.20, gaining 3 per cent on the BSE in Tuesday’s intra-day trade on the back of heavy volume on positive outlook. The stock of Tata group integrated power utilities company was quoting higher for the third straight day, surging 10 per cent during the… Continue reading Tata Power surges 10% in 3 days on positive outlook; stock nears 52-wk high
Tata Power launches RFID-enabled cards to support its EV charging ecosystem
Tata Power on Monday launched a radio-frequency identification card, which, it said, will help accelerate the adoption of electric vehicles in the country. With the launch of the card, Tata Power aims to leverage its electric vehicle (EV) charging infrastructure, which includes over 40,000 home chargers, more than 4,000 public and semi-public charging… Continue reading Tata Power launches RFID-enabled cards to support its EV charging ecosystem
Top Stocks to Watch today, July 31: Adani Green, Maruti, Power Grid, NTPC, PEL
Stocks to Watch on Monday, July 31: Asia-Pacific markets rose on Monday even as China’s factory activity for July remained in contraction territory for the fourth straight month. Hong Kong’s Hang Seng index surged over 1.71 per cent, China’s Shanghai Composite was up 1.27 per cent, Japan’s Nikkei 225 popped 1.83 per cent, and… Continue reading Top Stocks to Watch today, July 31: Adani Green, Maruti, Power Grid, NTPC, PEL
IIM amendment bill proposing power to Prez triggers autonomy debate
A new amendment bill of the Centre that proposes the President will be Visitor to the Indian Institutes of Management (IIMs) with powers to audit their functioning, order probes and appoint as well as remove directors, has triggered an “autonomy” debate for the prestigious B-schools. The bill to amend the IIM Act of… Continue reading IIM amendment bill proposing power to Prez triggers autonomy debate
Not surprising if critical technologies come up as key metric of power: EAM
External Affairs Minister S Jaishankar on Sunday said it will not be surprising if critical and emerging technologies come up as one of the most important metrics of power, and added that concerns in the CET field are influenced by how market share and production dominance are leveraged in other areas. The questions… Continue reading Not surprising if critical technologies come up as key metric of power: EAM