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 Main  /  News  /  power market
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  RUBRIC NEWS : "POWER MARKET"  
NTPC Starts Generation at New North India Power Plant : NTPC Ltd., India’s biggest power utility, said its new coal-fired unit at Dadri in northern India started generating electricity on Dec. 25, helping ease power shortages in the nation’s capital ...
30 Dec 2009 20:38

India’s Nuclear Power Plans to Borrow $6.5 Billion...
17 Dec 2009 20:53
India’s Nuclear Power Plans to Borrow $6.5 Billion : Nuclear Power Corp. of India, the nation’s monopoly atomic generator, plans to borrow as much as $6.5 billion to fund six new reactors as the second fastest- growing major economy grapples with ...

Suzlon Energy Rises on Order for German Repower Unit...
07 Dec 2009 19:54
Suzlon Energy Rises on Order for German Repower Unit : Suzlon Energy Ltd., India’s biggest maker of wind turbines, climbed the most in a week after its German unit Repower Systems AG won a 143.5 megawatt order, spurring hopes that business is picking ...
India to Sell 150 Billion Rupees of Shares in Power Companies : India plans to raise as much as 150 billion rupees ($3.2 billion) selling shares in three state-run electricity companies and use the proceeds to build roads and ports in Asia’s third-largest economy. ...
02 Dec 2009 21:03
India Suzlon unit wins US wind turbine order : India's Suzlon Energy <SUZL.BO> said on Wednesday its German unit REpower Systems <RPWGn.DE> has signed a contract to supply wind turbines with a total capacity of 18.45 megawatts to U.S. firm Heritage ...
18 Nov 2009 20:25

India Plans to Sell 5% of NTPC, Finance Ministry Official Says...
13 Nov 2009 21:10
India Plans to Sell 5% of NTPC, Finance Ministry Official Says : India plans to sell a 5 percent stake in NTPC Ltd., the nation’s biggest electricity producer, Sunil Mitra, secretary for asset sales at the Ministry of Finance, said in New Delhi today. ...

Suzlon Energy Gains After Being Added to Msci India Index...
12 Nov 2009 20:43
Suzlon Energy Gains After Being Added to Msci India Index : Suzlon Energy Ltd. rose as much as 5 percent in Mumbai and traded at 69.65 rupees as of 9.57 a.m. local time. India’s biggest maker of wind turbines was added to the MSCI India Index. ...
India to Form State-Run Company to Bolster Energy Efficiency : India said it will form a state-run company to bolster energy efficiency, with NTPC Ltd., Power Finance Corp., Rural Electrification Corp. and Power Grid Corp. owning shares of the company, ...
04 Nov 2009 20:20
NTPC’s Second-Quarter Profit Rises on Lower Costs : Oct. 23 (Bloomberg) -- NTPC Ltd., India’s biggest power producer, said second-quarter profit rose 1.9 percent, beating estimates, after a lower wage bill and increased sales. Net income rose to 21.5 billion rupees ($462 million) from 21.1 billion rupees a year earlier, state-owned NTPC said in a statement to the Bombay Stock Exchange today. The median estimate of 20 ...
23 Oct 2009 19:31
Tanla Solutions signs 5 year agreement with Nokia : Tanla’s License Manager Product, for rights management of applications and software on mobile devices, has already been installed on over a hundred and ten million Symbian based devices. Tanla Solutions Ltd, the leading provider of Mobile Payments and License Management, has announced that it has signed a 5 year frame agreement with Nokia, the largest handset manufacturer, covering ...
21 Oct 2009 23:24
State Bank of India Plans to Open Office in Botswana : State Bank of India plans to open an office in Botswana, where Indian companies are involvoled in operating diamond cutting and polishing businesses, M.G. Vaidyan, the regional head of India’s ...
20 Oct 2009 17:43
India Stocks Fall, Led by Reliance Industries on Court Hearing : Oct. 20 (Bloomberg) -- India’s benchmark stock index fell for the first time in three days. Reliance Industries Ltd. slid as Chairman Mukesh Ambani asked the Supreme Court to overturn an ...
20 Oct 2009 17:41
Morgan Stanley appoints Ritesh Jain for investment management biz : Prior to joining Morgan Stanley, Ritesh Jain was Head of Fixed Income at Principal PNB Asset Management Company Pvt. Ltd., and was responsible for management of the liquid and fixed ...
03 Mar 2009 19:22

Reliance to Buy Chevron Stake, Absorb Petroleum Unit (Update1)...
28 Feb 2009 11:50
Reliance to Buy Chevron Stake, Absorb Petroleum Unit (Update1) : Reliance Industries Ltd., owner of the world’s largest refining complex, will buy Chevron Corp.’s 5 percent stake in Reliance Petroleum Ltd. as part of the Indian company’s plan to ...
Mittal, Ambani on Forbes powerful list : Lakshmi Mittal has been ranked third on the list "despite his fortune falling US$24.5bn between March and November 2008". Steel tycoon Lakshmi Mittal and Reliance Industries' chairman Mukesh Ambani are among the 20 most powerful billionaires in the world, says Forbes. ...
16 Feb 2009 18:38
GMR Energy incorporates Badrinath Hydro Power Generation : GMR Infrastructure (UK) Ltd, a subsidiary of the Company, has incorporated a Company named as `GMR Infrastructure (Singapore] Pte Ltd` on February 10, 2009. GMR Infrastructure Ltd has announced that GMR Energy Ltd, a subsidiary of the Company, has incorporated a Company named as 'Badrinath Hydro Power Generation Pvt. Ltd' on February 11, 2009. ...
16 Feb 2009 15:29

Reliance Petroleum Rises Most in a Week on New Plant (Update2)...
28 Dec 2008 19:12
Reliance Petroleum Rises Most in a Week on New Plant (Update2) : Reliance Petroleum Ltd., a unit of India's biggest non-state company, rose the most in a week in Mumbai trading after parent Reliance Industries Ltd. announced the start of a new ...
India to buy coal mines abroad : India expects to produce 415 mn metric tons of coal in the year to March and may see an 8 percent increase in output next year. India is planning to buy coal mines in the U.S., Australia and Mozambique, according to a report. ...
12 Dec 2008 19:03
India to own 26% of nuclear power plants : India may allow private companies to own 26% of nuclear power plants, according to a report. Private companies will be allowed only in partnership with the state-owned Nuclear Power Corp., which will hold the remaining stake. ...
12 Dec 2008 12:45

ONGC Says `3-Digit' Oil Justifies Imperial Purchase (Update4)...
21 Nov 2008 13:02
ONGC Says `3-Digit' Oil Justifies Imperial Purchase (Update4) : Oil & Natural Gas Corp. said oil will rebound to $100 a barrel, twice the current level, justifying a proposed 1.4 billion-pound ($2.1 billion) bid for U.K.'s Imperial Energy Plc by India's ...
WorldSpace files for bankruptcy in US : Digital satellite radio broadcasting company, WorldSpace Inc, has filed for bankruptcy protection in a US court after failing to obtain new financing. According to reports, the Maryland-based company has listed a debt of $2.1 billion and assets of $307.4 million as of June 30, 2008. WorldSpace has sought bankruptcy protection so as to be able to raise fresh ...
20 Oct 2008 01:47
HM bags contract for Ambassador from govt after 4 yrs : Hindustan Motors today said it has received a significant contract from the Centre after four years to supply its iconic 'Ambassador' to the government. ''...after a gap of four years, we have again received order for The Ambassador from the Government of India... for the time being, we cannot divulge any details,'' company Chairman C K Birla told ...
03 Oct 2008 23:05

HCL, Infosys Shares Fall on India's First Bidding War (Update1)...
29 Sep 2008 22:42
HCL, Infosys Shares Fall on India's First Bidding War (Update1) : HCL Technologies Ltd. and Infosys Technologies Ltd. declined in Mumbai trading on concern they may overpay for U.K.-based software consultant Axon Group Plc, in India's first bidding war ...

India's Oil & Natural Gas Suspends Drilling as Rig Catches Fire...
06 Sep 2008 17:49
India's Oil & Natural Gas Suspends Drilling as Rig Catches Fire : Oil & Natural Gas Corp., India's largest oil producer, suspended drilling operations at one of its exploratory rigs off the coast of Mumbai after a fire broke out, injuring five people. ...
Suzlon Energy Shares Advance After Reporting Higher Margins : Suzlon Energy Ltd., India's biggest maker of wind-turbine generators, advanced in Mumbai trading after reporting higher margins in first-quarter group profit. Margins rose 84 percent to 7 million rupees ($165,000) per megawatt in the three months ended June 30 from 3.8 million rupees a year earlier, billionaire Chairman Tulsi Tanti told reporters ...
31 Jul 2008 15:12
India's Production Grows at Slowest Pace in 11 Months (Update4) : India's industrial production grew at the slowest pace in 11 months in September as decade-high interest rates crimped consumer demand and a stronger currency made exports less ...
12 Nov 2007 19:57

NTPC Profit Rises as India's Electricity Demand Grows (Update1)...
29 Oct 2007 12:08
NTPC Profit Rises as India's Electricity Demand Grows (Update1) : NTPC Ltd., India's biggest power producer, posted a 31 percent gain in the quarter ended September as sales were boosted by rising demand for electricity in the world's second-fastest ...
State Bank of India 2nd-Qtr Profit Rises 36% on Loans (Update2) : State Bank of India, the nation's biggest bank by assets, said second-quarter profit rose 36 percent on credit demand from companies, farmers and individuals in the world's fastest ...
29 Oct 2007 11:34

India Market Regulator Damodaran to Discuss New Rules (Update1)...
22 Oct 2007 17:00
India Market Regulator Damodaran to Discuss New Rules (Update1) : M. Damodaran, India's stocks regulator, will hold a conference call with overseas investors today to discuss proposed curbs on investing, after guidelines issued last week sparked a $100 ...
Sri Lanka's Rates Can Contain Inflation, Cabraal Says (Update2) : Sri Lanka's interest rates, the highest in Asia, are sufficient to contain inflation and spur growth, Governor Nivard Cabraal said, suggesting the central bank will keep borrowing costs ...
22 Oct 2007 16:55

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NTPC Starts Generation at New North India Power Plant
30 Dec 2009

 

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