Indian Power Sector News

Indian cos tie up nearly Rs 20000 cr worth funds in 2 days - Business Standard

Tue, 18/11/2014 - 8:11pm

Indian cos tie up nearly Rs 20000 cr worth funds in 2 days
Business Standard
From Reliance Jio to Essar Steel to Axis Bank, the fund raising activities have been disclosed by companies across diverse sectors. Apart from these three entities, Tata Power and state-owned MTNL have announced raising funds to the tune of Rs 3,000 ...

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More bullish on India with a new government in place: Amit Mehta, PIMCO - Economic Times

Tue, 18/11/2014 - 3:24pm

More bullish on India with a new government in place: Amit Mehta, PIMCO
Economic Times
With a new government in place, we are more bullish on India and we think that the earnings progression for the market is looking stronger as we go further out. Obviously, we have to be selective on the sectors that were involved in India and we do ...

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IREDA, US Exim Bank ink $1 billion pact for clean energy projects - Economic Times

Tue, 18/11/2014 - 1:21pm

Moneycontrol.com

IREDA, US Exim Bank ink $1 billion pact for clean energy projects
Economic Times
"US Exim Bank shall provide $1 billion medium and long-term guaranteed and/or direct dollar loans to finance US technologies, products and services utilised during commercial development activities within the clean energy sector by IREDA," the ...
U.S. Exim To Facilitate Financing Of U.S. Renewable Energy Products In IndiaSiliconindia.com

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Investors are looking at India with a fresh perspective: Aashish Agarwal, CLSA ... - Economic Times

Tue, 18/11/2014 - 11:49am

Investors are looking at India with a fresh perspective: Aashish Agarwal, CLSA ...
Economic Times
There are quite a few enablers for the sector. We have come out with a big report on digital banking where we see that could change the landscape for the Indian banking system completely. With almost 250 million customers coming on the mobile banking ...

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PM Modi's Address to the Joint Session of the Australian Parliament in Canberra - NDTV

Tue, 18/11/2014 - 8:20am

Niticentral

PM Modi's Address to the Joint Session of the Australian Parliament in Canberra
NDTV
Prime Minister Narendra Modi today met with his Australian counterpart Tony Abbott and also became the first Indian ever to speak at the Australian Parliament where he addressed a Joint Session during a state visit to Canberra. ... Today, as I stand in ...
Full text of Modi's address to the joint session of Australian ParliamentThe Hindu
Modi, Abbott to discuss maritime cooperation, economic ties in CanberraNiticentral
Australia and India have interlinked destinies says Narendra ModiThe Australian
Herald Sun -Australian Conservative -Eurasia Review
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Full text of Modi's address to the joint session of Australian Parliament - The Hindu

Tue, 18/11/2014 - 7:33am

Niticentral

Full text of Modi's address to the joint session of Australian Parliament
The Hindu
I stand here as one of you - a representative of the people; I come to you with the greetings of 1.25 billion people of a nation, linked to Australia by the great Indian Ocean; by our connected history and our many shared inheritances- and, even more ...
PM Modi's Address to the Joint Session of the Australian Parliament in CanberraNDTV
Narendra Modi's Speech to the Australian Parliament in FullWall Street Journal (blog)
Narendra Modi visits War Memorial in CanberraNiticentral
NetIndian -ABC Online -The Australian
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India Expects State-Run NTPC To Become World's Most Valuable Power ... - International Business Times

Mon, 17/11/2014 - 7:15pm

International Business Times

India Expects State-Run NTPC To Become World's Most Valuable Power ...
International Business Times
India is also looking at increasing its target for solar power generation by as much as 400 percent to 100,000 MW by 2022, Goyal said on Monday. At present, the installed capacity for solar power generation stands at just over 2,200 MW. Goyal also said ...

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Indian shares hit new peak; SBI leads state-run lenders' rally - Reuters

Mon, 17/11/2014 - 4:39pm

Indian shares hit new peak; SBI leads state-run lenders' rally
Reuters
In government-run power sector lenders, Rural Electrification Corp jumped 10.2 percent, while Power Finance Corp soared 7.6 percent. Among mid-cap banks, Central Bank of India rose 4.3 percent, while Federal Bank advanced 3.2 percent. Rally in ...

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Sensex, Nifty hit new peak; SBI leads state-run lenders' rally - Reuters

Mon, 17/11/2014 - 4:15pm

Moneycontrol.com

Sensex, Nifty hit new peak; SBI leads state-run lenders' rally
Reuters
In government-run power sector lenders, Rural Electrification Corp (RURL.NS) jumped 10.2 percent, while Power Finance Corp (PWFC.NS) soared 7.6 percent. Among mid-cap banks, Central Bank of India (CBI.NS) rose 4.3 percent, while Federal Bank (FED.
Sensex, Nifty scale new peaks; SBI, Tata Motors in limelightZee News
Live: Japan recession weighs on Indian, global stocksMoneycontrol.com

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Twelve stocks in focus in Monday morning trade - Economic Times

Mon, 17/11/2014 - 8:17am

Twelve stocks in focus in Monday morning trade
Economic Times
Sun Pharmaceuticals Ltd: Sun Pharmaceutical Industries and US-based Merck & Co have called off their more than three-year-old joint venture that aimed to bring innovative drugs to emerging markets, including India, sources with knowledge of the ...

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India Inc's quarterly numbers below expectations: Analysts - Economic Times

Mon, 17/11/2014 - 3:47am

India Inc's quarterly numbers below expectations: Analysts
Economic Times
"The divergence in performance of different sectors which we are witnessing since 1-2 years continued in the September quarter, too. IT, pharma, private banks and consumer companies did reasonably well while companies from oil & gas, metals, power, ...

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JSW to buy 2 Jaypee hydropower units for Rs. 9700 crore - Hindustan Times

Mon, 17/11/2014 - 2:20am

VC Circle

JSW to buy 2 Jaypee hydropower units for Rs. 9700 crore
Hindustan Times
The deal signifies the hectic activity seen recently in the Indian power sector where large conglomerates have rushed to acquire troubled assets from promoters after the latter were unable to service loans taken when interest rates were high ...
JSW Energy signs deal to buy Jaypee's hydro power assets for $1.57BVC Circle
JSW Energy to buy 2 hydro projects of JP Power for Rs 9700 crIndian Express
JSW Energy to acquire two hydel projects from Jaiprakash for Rs 9700 croreNetIndian
RTT News -Oman Tribune
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G20 endorses India's stance on black money - Chandigarh Tribune

Sun, 16/11/2014 - 5:10pm

Niticentral

G20 endorses India's stance on black money
Chandigarh Tribune
BISBANE: In a major gain for India, the G20 Summit today endorsed the government's line on the need for transparency and disclosure of tax information as Prime Minister Narendra Modi sought a new global standard on automatic exchange to tackle the ...
Narendra Modi shares Views on EnergyNiticentral
Narendra Modi faces competition from Xi JinpingEconomic Times
Modi backs new global standard on automatic exchange of informationNetIndian
The Age -Eurasia Review
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JSW Energy to buy 2 hydro projects of JP Power for Rs 9700 cr - Indian Express

Sun, 16/11/2014 - 4:59pm

Indian Express

JSW Energy to buy 2 hydro projects of JP Power for Rs 9700 cr
Indian Express
The acquisition will make JSW Energy as the largest private sector hydro-power generator in the country. Post-acquisition, the aggregate installed power generation capacity of JSW Energy will enhance to 4,531 MW. “The acquisition will yield immediate ...
JSW to buy 2 Jaypee hydro power units for Rs. 9700 croreHindustan Times
JSW Energy to acquire two hydel projects from Jaiprakash for Rs 9700 croreNetIndian

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Kejriwal too talks reforms — with a focus on youth - Indian Express

Sat, 15/11/2014 - 10:16pm

The New Indian Express

Kejriwal too talks reforms — with a focus on youth
Indian Express
Kejriwal, who was the guest at the Express Adda in Mumbai on Friday evening, appeared to be moving towards a more broad-based politics from his anti-corruption platform, detailing a variety of plans he had for the capital, ranging from making it India ...
AAP Promises 20 New Colleges With Wi-Fi ConnectivityThe New Indian Express

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4000 MW Ultra Mega Power Plant for Bihar Announced - The New Indian Express

Sat, 15/11/2014 - 9:46pm

The New Indian Express

4000 MW Ultra Mega Power Plant for Bihar Announced
The New Indian Express
"There is clear-cut instruction from the PM not to bring any politics in power sector in energy-starved eastern states like Bihar, Odisha and West Bengal." he said, adding the Deendayal Upadhyay Gram Jyoti Yojna to provide uninterrupted power to ...
Jitan Ram Manjhi to PM Modi: Grant Bihar special statusNiticentral

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Heavy Rain Forces Reduction in Power Generation From NLC - The New Indian Express

Sat, 15/11/2014 - 7:41pm

Heavy Rain Forces Reduction in Power Generation From NLC
The New Indian Express
CHENNAI: Heavy rains in South Tamil Nadu has forced officials of the public sector Neyveli Lignite Corporation to "partially" reduce power generation. Mining operations have been partially affected due to excessive rainfall in Cuddalore district since ...

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India taps Chinese provinces for bolstering foreign investment - The Hindu

Sat, 15/11/2014 - 7:18pm

India taps Chinese provinces for bolstering foreign investment
The Hindu
A 98-member business delegation from Zhejiang, a private sector stronghold, which will visit New Delhi and Ahmedabad later this month, is symbolic of a developing trend, where Chinese provinces, on the lookout for business expansion, are broadening ...

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BJP-Congress tension will hurt reforms - TwoCircles.net

Sat, 15/11/2014 - 5:17pm

India Today

BJP-Congress tension will hurt reforms
TwoCircles.net
Even in normal times, Indian politicians tend to oppose when sitting in the opposition benches what they supported when in power. It was in keeping with this cussed attitude that the Congress forced the BJP to send to the select committee the proposal ...
BJP-Congress tension will hurt reforms (Comment: Special to IANS)Business Standard

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BJP-Congress tension will hurt reforms - India.com

Sat, 15/11/2014 - 4:06pm

Times of India

BJP-Congress tension will hurt reforms
India.com
Even in normal times, Indian politicians tend to oppose when sitting in the opposition benches what they supported when in power. It was in keeping with this cussed attitude that the Congress forced the BJP to send to the select committee the proposal ...
BJP-Congress tension will hurt reforms (Comment: Special to IANS)Business Standard

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