HPCL achieved the financial closure for this project through a consortium of lenders led by SBI in January this year and has started the construction work of filling, piling and building the 27-km long boundary wall.
The Singapore-headquartered firm will utilise the fund to expand its capacity to 500 MW in the next couple of years from the existing 200 MW. Cleantech’s around three-fourth of the existing capacity is based in India and th
The company that plans to take its capacity to 8 MTPA after the second phase expansion at Jaigarh, believes, gas demand has been very stable in the last six months, and going ahead expects the demand to grow from the industri
Khurshed Daruvala, chairman of S&W, told Vikas Srivastava in an interview that although the company did not focus on timing the market, the general election results had worked in its favour. Edited excerpts:
Piramal Group is planning to acquire the entire wind portfolio of PTC India across Madhya Pradesh, Karnataka and Andhra Pradesh, which is likely to cost the company around Rs 2,200 crore, the sources said.
ArcelorMittal, which surpassed the one-time settlement offer of Essar promoters for 2x600 MW Mahan thermal power project in Madhya Pradesh, will submit its bid by April 22. The bid will then be opened for Essar to match the o
While around 24 firms had put in expressions of interest (EoIs), only half of them undertook due diligence for submitting financial bids. “This will be the first vertical among many of IL&FS that will come up for resolution
Kunal Chandra, managing director of Proinso India, the Indian arm of the UK-based solar solutions provider, said going ahead, some of the important events that will drive demand in the solar market would be a procurement driv
The second round of coal auction under the Shakti-B scheme may see far fewer bidders than the first one held in 2017 because of an exclusion criterion. Analysts see power utilities with combined capacity of 407 MW could place