Jindal group today announced setting up of 2,000 Mw power plant near Simar port, along the coastline of Gujarat with an proposed investment of Rs 10,000 crore.
“We are going to set up an 2,000 Mw power plant along the coastline of Gujarat, probably at Simar with an investment of Rs 10,000 crore,” Assocham President Sajjan [...]
NEW DELHI: As the Indian government on Friday dispelled fears in the Lok Sabha that the electricity generated by the nuclear power stations will be costlier than the hydel or coal power, Kazakhstan, having the world’s largest uranium reserves said it was willing to supply India nuclear material.
Minister of State for Power Jairam Ramesh said [...]
Sanjay Jog
Notwithstanding the ongoing global meltdown, Deutsche Bank and BP are bullish on investment opportunities in India’s renewable sector.
Both Deutsche Bank and BP assert that though there may be financial problems in the short term, the situation will be quite comfortable in medium and long term for India’s renewable sector. The intentions of [...]
Raghuvir Badrinath
Bangalore-based GMR Infrastructure, which has interests in power generation, airports, roads and urban infrastructure, is set to acquire a coal mine in Indonesia for close to $100 million (around Rs 490 crore).
The mine is understood to have reserves of 110 million tonnes. This move comes close on the heels of GMR acquiring a 5 [...]
Vishal Sharma / Agra October 27, 2008
Gasifier plant to cut fuel bills by Rs 8 lakh a year; currently on subsidy.
Worried over the rising prices of liquiefied petroleum gas (LPG) and the unavailability of natural gas, some enterprising industrialists of Agra have come up with an innovative solution to tide over their fuel supply problems.
Two [...]
By Zafar Bhutta
ISLAMABAD: Pakistan and China are set to establish a corporation to attract investment for nuclear and coal-based power plants and large dams in the country, sources in the Water and Power Ministry told Daily Times.
The Pak-China Joint Power Corporation will also help develop technology and technical expertise for the new power projects. Pakistani [...]
CNN-IBN
New Delhi: The price of crude oil has risen for the third consecutive day on Friday recouping earlier losses. Crude oil for November delivery was up 60 cents, or 0.6 per cent at $94.57 a barrel on the New York Mercantile Exchange.
It earlier fell by $1and 16 cents or 1.2 per cent to $92 and [...]
GANDER, NEWFOUNDLAND — (Marketwire) — 09/26/08 — Golden Dory Resources (”Golden Dory”)(TSX-V: FA) is pleased to announce the discovery of significant bedrockuranium occurrences on its 100% owned, 2759 claim (68,975 hectare) BurinProject in southern Newfoundland. The new discoveries lie at or near icefree tidewater and have excellent access by sea and by road. Assay valuesas [...]
