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NTPC expects to acquire land for 2 mega projects in 6 months

May 3, 2010: National Thermal Power Corporation (NTPC), the country's largest power producer, expects to complete land acquisition for its two mega power projects in Orissa - one 4800 MW plant at Darlipalli in Sundergarh district and one 3200 MW plant at Gajmara in Dhenkanal district- in the next six months.

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Coal India under CCI scanner for mining explosives

May 3, 2010: State-run Coal India has come under the scanner of competition watchdog Competition Commission of India (CCI) for tying up supply of mining explosives from a particular company without inviting bids, but the PSU denies doing anything anti-competitive.

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NTPC-BHEL JV expects orders worth Rs 7000 crore by FY'11

April 30, 2010: NTPC-BHEL Power Projects Pvt Ltd (NBPPL) has said it is expecting orders worth Rs 7,000 crore by the end of the current fiscal. NBPPL is a 50:50 joint venture company of state-owned NTPC and BHEL.

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Madhucon bags Rs 1,198-cr deal for power project

April 30, 2010: Madhucon Projects Ltd has announced it has secured a EPC contract worth Rs 1,198 crore for setting up thermal power plant near Krishnapatnam in Nellore district of Andhra Pradesh.

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NTPC, CIL form JV to focus on coal block acquisitions

April 29, 2010: The National Thermal Power Corporation (NTPC), has said it has formed a joint venture with state-run Coal India Ltd that will focus on acquisition of coal blocks in India and abroad.

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NTPC eyes 10,000 MW in UP by 2017

April 29, 2010: Public sector power major National Thermal Power Corporation (NTPC) is targeting a combined power generation capacity of almost 10,000 MW in Uttar Pradesh by 2017.

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NTPC FY10 net up 5.6% to Rs 8,657 cr

April 26, 2010: India's largest power producer NTPC said on Friday its provisional net profit for the full year ended March rose 5.6% to Rs 8,657 crore.

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Coal India to qualify for Maharatna status after listing

April 26, 2010: Coal India, which is set to launch an initial public offering, will qualify for the Maharatna status with greater autonomy after listing on the stock market in the next few months.

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NTPC to start work on Rs 1,000-cr Assam project on Thursday

April 25, 2010: State-owned NTPC will start the Rs 1,000-crore expansion project of its Bongaigaon power plant in Assam on Thursday for meeting the growing power requirement of the region.

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Gujarat Coking Coal orders Longwall Mining from Joy Mfg

April 26, 2010:Gujarat NRE Coking Coal Limited, the Australian subsidiary of Gujarat NRE Coke has entered into a contract with Joy Manufacturing Company Pty Limited for supply of Longwall Systems.

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HEC reviving coal washery business after 27 yrs

April 23, 2010: Public sector enterprise Heavy Engineering Corporation (HEC) is in the process of reviving an old business line: that of putting up coal washeries for subsidiaries of Coal India (CIL).

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UPPCL, Bajaj Hindustan sign MoU for power project in UP

April 23, 2010: Uttar Pradesh Power Corporation Limited (UPPCL) today signed a Memorandum of Understanding with Bajaj Hindustan Limited to set up a 1,980-MW thermal power project in Lalitpur district of Bundelkhand region.

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Barge movement of coal from Haldia to Farakka hits snag

April 23, 2010: The much-discussed proposal for barge movement of imported coal from Haldia to Farakka (West Bengal) and Kahalgaon (Bihar) is believed to have run into rough weather as the importer (NTPC) and the facilitator of the movement (Inland Waterways Authority of India) do not see eye to eye on several issues.

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Vedanta and Evonik ink Rs 14,000-crore O&M deal

April 23, 2010: Sterlite Energy, a group company of Vedanta Plc, has signed a Rs 1400 crore operation and maintenance (O&M) contract with Evonik Energy Services India (EESI) for their 4x600 Mw power plant at Jharsuguda.

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KPCL eyes mine in Indonesia

April 23, 2010: Karnataka Power Corporation Ltd (KPCL), the state-owned power generator, is exploring the possibility of acquiring a coal mine in Indonesia.

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Chhattisgarh UMPP bids may run into environment ministry hurdles

April 22, 2010: Bidders for the ultra mega power project at Chhattisgarh, that are set to put in their pre-qualification bids by May 3, could be in for a major jolt as coal blocks linked to the 4000 MW project is unlikely to get the nod from the environment ministry.

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GMR seeks another $100-mn PE funding

April 21, 2010: Bangalore-based GMR group is planning to raise an additional $100 million (over Rs 447 crore) from a group of private equity companies, led by Singapore-based Temasek Holdings, to fund its expansion plans.

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Short-term power purchase contracts turn expensive

April 21, 2010: With rising power deficit in the country, merchant power, or short-term purchase contracts, are getting expensive each month.

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Bajaj Hindustan to set up 1980 MW power project in Lalitpur

April 21, 2010: The Mayawati cabinet has approved setting up of the 1980 MW thermal power plant in Lalitpur by Bajaj Hindustan led consortium under the MoU route.

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CIL to ink global pacts for Rs 4,000-cr washeries project

April 21, 2010: State-owned Coal India is set to sign pacts with global companies this month to set up two washeries as part of its proposed Rs 4,000-crore project to reduce ash content of the domestic fuel.

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