Five private firms to set up thermal power plants in TN

wirecableSeptember 13, 2011September 15, 2011

September 13, 2011September 15, 2011

17 August, 2011 In a bid to address acute power shortage, the Tamil Nadu government has decided to encourage the private sector to set up units in the state and as part of this, five private companies have “cleared formalities” to establish thermal power plants. Through the five units, over......

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IMFA plans Rs 6,600-cr power plant in Orissa

wirecableSeptember 13, 2011September 15, 2011

September 13, 2011September 15, 2011

25 August, 2011 Indian Metals & Ferro Alloys Ltd (IMFA) is planning to spend Rs 6,600 crore over the next five years to set up a 1,320-Mw power plant in Orissa. With this, IMFA, which currently produces power for its own captive use as a part of its backward integration......

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IPCL, DPSC to invest Rs.26,450 crore in power

wirecableSeptember 13, 2011September 15, 2011

September 13, 2011September 15, 2011

20 July, 2011 India Power Corporation Limited (IPCL) and DPSC Limited, a power generation and distribution group, announced their plan to invest Rs. 26,450 crore by 2015 in the power sector across the country. IPCL is the holding company of DPSC, which is a power generation and distribution company under......

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NTPC to sign joint venture deal with Ceylon Electricity Board

wirecableSeptember 13, 2011September 15, 2011

September 13, 2011September 15, 2011

23 August, 2011 State-run power utility NTPC Ltd’s first overseas project, a 500MW plant to be built in Sri Lanka, may finally see the light of the day with all pending issues being resolved. The joint venture agreement (JVA) between India’s largest power generation utility and Sri Lanka’s Ceylon Electricity......

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Reliance Power plans to invest Rs 8,000 crore to set up 500 MW solar power projects in Rajasthan

wirecableSeptember 13, 2011September 15, 2011

September 13, 2011September 15, 2011

30 August, 2011 Reliance Power plans to invest Rs 8,000 crore to set up 500 MW solar power projects in Rajasthan over the next three years, sources close to the development said. The planned investment is the largest investment in solar projects in India and one of the largest in......

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Reliance Power to set up 200 MW wind power project for Rs 1,500 crore in Maharashtra

wirecableSeptember 13, 2011September 15, 2011

September 13, 2011September 15, 2011

11 August, 2011 Reliance Power plans to invest Rs 1,500 crore to develop a 200 mw wind power project at Vashpet in Maharashtra, making it the largest such investment in India by any power generation company at a single location. The project will be developed under a special purpose vehicle......

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Sahara Power & Korean Co to set up 6,000 MW plants

wirecableSeptember 13, 2011September 15, 2011

September 13, 2011September 15, 2011

18 August, 2011 Sahara India Power Corporation announced a partnership with Korea East-West Power Co, a Korean government company, to set up power plants with combined capacity of up to 6,000 mega watt. The agreement signed between the two companies allows them to jointly participate in tariff-based bidding for ultra-mega......

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Tata Steel invests GBP 1.2 million in its Scunthorpe Rod Mill

wirecableJuly 28, 2011July 29, 2011

July 28, 2011July 29, 2011

7 May, 2011 Tata Steel is investing GBP 1.2 million (Rs. 8.5 crore) in two new high-tech machines at its wire rod rolling mill in Scunthorpe to increase quality and efficiency, and to boost production of the most technically demanding steels. The investment in a new testing machine will improve......

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Usha Martin Embarks on Rs 1,200-cr Expansion Plan

wirecableJuly 28, 2011July 29, 2011

July 28, 2011July 29, 2011

12 May, 2011 Usha Martin said it has embarked on a Rs 1,200 crore (USD 270 million) expansion programme. Under the programme, two billet plants, a 30-MW captive power plant and a 200,000 tonne coke oven plant will be set up this year. Briefing about the company’s 2010-11 results, its......

News Wire & Cable News

Havells India opens new European headquarters in London

wirecableJuly 28, 2011July 29, 2011

July 28, 2011July 29, 2011

1 April, 2011 Havells opened its new European headquarters in London with a view to expand business prospects. Earlier in 2007 Havells tookover Sylvania, a failing business and turned it around. Havells India with an annual global turnover of USD 1.2 billion manufactures & sells electrical and power distribution equipments.......