Ultra Mega Power Plants

Here's a shocker: power is available but no one is buying it

Think we don't have enough power supplies in the country to cope with demand? Think again

Reliance Power gets a reprieve, but power cos woes remain

Even ascosts of importing coal have climbed, local production from Coal India has stagnated. For power cos, it's a lose-lose situation: importing coal is unviable at current power tariffs and local output is limited.

Tata Power commissions Mundra UMPP's first 800 MW unit

The first unit of 800 MW was commissioned in a record 48 months of construction work starting on the project, the country's largest private power utility Tata Power said in a statement.

Tata Power Q3 net profit falls 40 percent to Rs 263 crore

It reported a net profit of Rs 263 crore against a profit of Rs 442 crore in the same quarter last year. Its consolidated net sales have risen by 51 percent to Rs 6645 crore.

Tata Power won't remain inexpensive for long. Here's why

Though Tata Power looks inexpensive now with the stock trading at 11.4 times its 2012 earnings, it will not look the same once the Mundra UMPP operations run for a full year in 2014.

Power ministry asks MoEF to fast-track Sarguja coal block clearance

The Power Ministry has asked the Ministry of Environment and Forests to fast-track the process for grant of green clearance to coal mines attached to the 4,000-MW Sarguja ultra-mega power project in Chhattisgarh.

Tata Power to take Rs 500 cr loss in 1st yr from Mundra

Tata Power's 4,000-MW ultra mega project at Mundra, in Gujarat, is staring at an annual loss of Rs 500 crore in the very first year of commissioning due to the high cost of coal to be sourced from Indonesia.

RPower to earn Rs 2,000 cr in carbon credits from Tilaiya UMPP

Reliance Power's Tilaiya UMPP in Jharkhand has got approval for carbon credits from the United Nations Framework Convention on Climate Change.