Evaluating buying opportunities: JSW Energy

April 27, 2016 | PTI

JSW Energy today said it is evaluting various opportunities amid speculations that Sajjan Jindal-led company looks set to acquire a 1,000 Mw power plant in Raigarh, Chhattisgarh from Jindal Steel and Power Ltd.

NHPC share sale covered 1.5 times

April 27, 2016 | TEAM VCC

State-run hydropower company NHPC Ltd’s share sale was oversubscribed within hours of opening on Wednesday, as the government began its disinvestment programme for the current financial year.

India plans green power integration plan with the national electricity grid

April 19, 2016 | Priyanka

As part of its green energy efforts, India on Monday unveiled its action plan to integrate the renewable energy sources with the national electricity grid.

This comes in the backdrop of the world’s worst grid failure in 2012 which left around 620 million Indians without electricity.

NTPC plans to call bids for solar project with battery storage

April 18, 2016 | Deepak Kumar Sahu & Priyanka

In an attempt to attract financially viable storage solutions to the country, India’s state-run NTPC Ltd plans to call bids to set up a solar power project wherein electricity will be stored in batteries.

Given aggressively low solar tariffs, Hindustan Powerprojects averse to bidding

April 14, 2016 | Priyanka

At a time when the Narendra Modi-led government is eyeing 100 gigawatt solar power target by 2022, utilities such as Hindustan Powerprojects Pvt. Ltd are averse to bid as they find the tariffs “too aggressive”.

16 states on board for renewing payment security mechanism with NTPC

April 13, 2016 | Deepak Kumar Sahu

India seems to have partly resolved the payment security conundrum that was bogging state-run utilities such as NTPC Ltd.

India to set up pilot project for specialised steel manufacturing

April 08, 2016 | Deepak Kumar Sahu

As part of its Make in India strategy, the National Democratic Alliance (NDA) government may shortly decide upon setting up the country’s pilot research and development project for specialised electrical steel used for manufacturing transformers.

Tata Power to sell stake in Indonesia project for $30M

April 08, 2016 | Anuradha Verma

Tata Power Co Ltd said on Friday it has agreed to sell its 50 per cent stake in a joint venture that is developing a geothermal power project in Indonesia for $30 million (about Rs 200 crore).

NTPC may salvage its bulk tendering contract

April 08, 2016 | Deepak Kumar Sahu & Utpal Bhaskar

A significant chunk of India’s biggest power generation contract awarded by state-run NTPC Ltd which had hit the skids with the merger of thermal power businesses of Mitsubishi Heavy Industries Ltd (MHI) and Hitachi Ltd may be salvaged.

Motilal Oswal PE picks up Jindal Power’s stake in IEX for $14.7M

March 30, 2016 | Anuradha Verma

Deal values the power exchange at $361 million.