Power Projects

SBI, lenders to float fund to take over 14 stressed power generating assets; move could boost project valuations

Over 75,000MW of power generating assets are currently stressed.

France's EDF, Japan's SoftBank give wings to PM Modi's renewable energy dream

Betting big on the country's renewable energy space, France-based state-run power company EDF Group has announced plans to set up 2,000 MW of power projects at an investment of $2 billion

Why US giant Black & Veatch is bidding for power projects in India

Black & Veatch's size and a strong balance sheet, mean it can bid for big-ticket projects that few others can manage, outlast the notorious delays, and take on complex infrastructure projects.

CCI clears 13 pending power projects, 25 oil and gas blocks

The government today approved 13 power projects, entailing investments worth Rs 33,000 crore, which were pending approvals due to various reasons. Twenty five oil and gas blocks with investment commitment of about $7 billion also got approva

Gas allocation: Power Min pitches for priority status for projects

Pitching for priority status to power projects on a par with fertilisers for gas allocation, Power Minister Jyotiraditya Scindia today said he is seeking a date for the meeting of high level inter-ministerial panel in this regard.

New bidding norms for power projects may not need EGoM nod

The new bidding norms being formulated for power projects may not require approval from the Empowered Group of Ministers, easing regulatory hurdles for developers.

Iran invites Indian cos to set up power projects

Iran today invited India to set up power projects in the oil-rich nation as it is encouraging private investment in the sector.

'BHEL facing alarming situation in absence of new orders'

State-run BHEL is facing an "alarming situation" in the absence of new orders from the much-delayed power projects, despite an existing order book of Rs 1.30 lakh crore, according to a government official.

Villagers opposing MP coal project met with threats, alleges Greenpeace

Villagers in Madhya Pradesh's Mahan forest are being intimidated ahead of a crucial vote that could determine the future of a $3.2 billion coal project proposed by two of the country's largest mining firms, Greenpeace India said on Monday.

Live: Modi repeats Kargil script in Leh, warns Pakistan, praises military

Tracking live updates on Modi's speech in Leh, where he is inaugurating two power projects in the state.