(LiveMint) Pursuing an ambitious renewable energy target, the National Democratic Alliance (NDA) government has now issued new guidelines to provide a framework for procurement of wind power through a transparent process of bidding including standardisation of the process and defining of roles and responsibilities of various stakeholders. The guidelines aim to “enable the Distribution Licensees to procure wind power at competitive rates in a cost effective manner,” said an official statement. The guidelines are applicable for procurement of wind power from grid-connected wind power projects (WPP) of 5 MW and above at one site with minimum bid capacity of 25 MW…
Author: Aruna Sharma
(ET) Several international and local companies including Mitsubishi Corporation, BASF and Manali Petrochemicals have evinced interest in setting up units in the petrochemical park being set up in Kochi jointly by the Kerala government and Bharat Petroleum Corporation. The park will house micro, small and medium downstream petrochemical units that can use raw materials available from BPCL Kochi Refinery’s upcoming propylene derivative petrochemical project (PDPP). The first phase of PDPP involves an investment of Rs 5,200 crore and will be completed in 2019. A memorandum of understanding will be signed with FACT Ltd by the end of this month to…
(NDTV) गुजरात विधानसभा चुनाव के आखिरी चरण की वोटिंग 14 दिसंबर को होगी, मगर इससे पहले ही कांग्रेस अध्यक्ष राहुल गांधी को पूरी तरह से उम्मीद है कि कांग्रेस राज्य में विजयी पताका लहराने में कामयाब रहेगी. गुजरात विधानसभा चुनाव के दूसरे चरण के चुनाव प्रचार के आखिरी दिन कांग्रेस अध्यक्ष राहुल गांधी ने कहा कि थोड़ा इंतजार कीजिए, गुजरात का फैसला जबरदस्त होगा. अहमदाबाद में प्रेस कॉन्फ्रेंस के दौरान राहुल ने कहा कि जब अगले सोमवार को गुजरात विधानसभा चुनाव के वोटों की गिनती होगी, तो नतीजा जबरदस्त होगा. प्रेस कॉन्फ्रेंस के दौरान उन्होंने तीन महीने के चुनावी अभियान…
(PTI) State-owned Oil and Natural Gas Corp (ONGC) has sought access to a data room to help fix the price at which it can acquire government’s 51.11 per cent stake in HPCL. India’s largest oil and gas producer has so far been given an information memorandum (IM) by government’s transaction advisor which ONGC feels is not sufficient to arrive at a valuation of Hindustan Petroleum Corp Ltd (HPCL), sources privy to the development said. ONGC, they said, wants to better understand HPCL’s financials, particularly the investments it has committed in projects like a greenfield refinery at Barmer in Rajasthan, before it embarks…
(FE) Gold prices are on a continuous sinking trend for the last 7 days. Gold price hit a 4-month low, falling by Rs 180 in Delhi bullion market on Tuesday. Gold prices have fallen Rs 1,000 in a 7-day period, equalling a level last seen when bullion market reopened after a 16-day halt due to demonetisation on 28 November 2016, back then gold witnessed a massive dive of Rs 1,750. A massive plunge of Rs 1,000 in gold prices over last 7 days has taken it to Rs 29,400 per 10 gram. Earlier last year, gold and jewellery establishments were…
(DJ) देश के सबसे अमीर आदमी और रिलायंस इंडस्ट्रीज के मालिक मुकेश अंबानी रिलायंस जियो इन्फोकॉम लिमिटेड का आईपीओ लाने की योजना बना रहे हैं। इस मामले के जानकार लोगों के जरिए यह जानकारी सामने आई है। अंबानी जियो पर अब तक करीब 31 अरब डॉलर का निवेश कर चुके हैं और अब वो पैसा जुटाने के लिए आईपीओ लाने की तैयारी में हैं। मुकेश अंबानी आईपीओ की लिस्टिंग को लेकर अभी विचार विमर्श कर रहे हैं और हो सकता है कि साल 2018 के आखिर या फिर साल 2019 की शुरुआत में कंपनी जियो का आईपीओ जारी कर दे। जियो…
(PTI) State-run BHEL today announced commissioning of a 54 MW coal-fired captive power project in Indonesia. The 3×18 MW power project located at Sangatta, East Kalimantan, Indonesia has been set up by BHEL for PT Citra Kusuma Perdana (PT CKP) for their coal-mining operations, BHEL said in a statement. For the project, the company has designed, engineered, manufactured and supplied the boiler, turbine and generator (BTG) island and associated auxiliaries along with supervisory services during erection and commissioning. BHEL has executed several projects in the region including projects in Malaysia, Taiwan, Thailand and Vietnam. In Indonesia, the company has earlier…
(PTI) Leading bourse BSE today asked asset management companies to ensure that individual clients compulsorily submit their Aadhaar details from January onwards as part of compliance with anti-money laundering rules. The instruction has been issued after the government amended, in June, the Prevention of Money Laundering (Maintenance of Records) Rules with regard to collection of Aadhaar number from clients. Various requirements related to the amended rules have been “made mandatory, with effect from January 1, 2018”, according to a BSE circular issued for the mutual fund segment. In case a client is an individual who is eligible to be enrolled…
National Highways Authority of India (NHAI) has invited bids for projects of 4,900 km till November, 2017, while bids for another 3,500 km are likely to be invited by December end, taking the total upto 8400 km. Further projects for bidding during Jan-March, 2018 will be identified around the 4th week of December , 2017. Projects costing Rs. 22,100 crore and covering 1170 Km have already been awarded so far and the bids for many other projects are under evaluation. Some of the projects that were bid out this year include:- Dwarka Expressway in Delhi; Varanasi Ring Road Phase-II in…
(AU) गुजरात में विधानसभा चुनाव के लिए दूसरे चरण का प्रचार मंगलवार की शाम को समाप्त हो गया। इस चरण में उत्तरी और मध्य गुजरात के 26 जिलों की जिन 93 सीटों पर 14 दिसंबर को मतदान होना है, उन पर 2012 में कांग्रेस और भाजपा में कड़ी टक्कर हुई थी। पहले चरण की 89 सीटों में जहां कांग्रेस को 22 सीटें मिली थी, वहीं दूसरे चरण की 95 सीटों में से उसे 37 पर जीत हासिल हुई थी। हालांकि इस चरण में भी भाजपा ने 56 सीटें हासिल कर परचम फहराया था। उत्तरी गुजरात और मध्य गुजरात में पिछली जाति के नेता अल्पेश…