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NHPC, JKSPDC form JV for 850 MW Ratle hydroelectric project

NHPC has set up a JV company, Ratle Hydroelectric Power Corporation, with the Jammu & Kashmir State Power Development Corporation (JKSPDC), for the execution of the 850-MW Ratle hydroelectric project.


CCEA approves 121 km Haryana Orbital Rail Corridor project

The Cabinet Committee on Economic Affairs (CCEA) has approved the 121.7-km Haryana Orbital Rail Corridor Project from Palwal to Sonipat via Sohna-Manesar-Kharkhauda, to be built at an estimated Rs.56.07 bn. This rail line will start from Palwal and end at Harsana Kalan station on the Delhi-Ambala se..


NHPC signs MoU to develop 500 MW of floating solar projects in Odisha

NHPC has signed a MoU with Green Energy Development Corporation of Odisha. As part of the MoU, the two parties will form a JV company for the development of techno-commercially feasible floating solar power projects of nearly 500 MW in Odisha.


Government releases Rs.840 mn for airport development

To push the development of airports across the state, the government has released `840 mn to the state-run Maharashtra Airports Development Corporation (MADC).


Tata Power’s Renewable capacity crosses 2,000 MW and green portfolio crosses 3,000 MW mark

Tata Power, India’s largest integrated power company, has announced that its Renewable business registered a healthy profit while surpassing the 2,000 MW operating capacity mark with another about 500 MW under construction.


Kerala govt inks JV deal with railways

The Kerala Government has entered into an agreement with the railways for the formation of a JV company for development of railway infrastructure in the state. The agreement envisages formation of a JV company having 51 per cent stake of the state government and 49 per cent stake of railways.


Gayatri Projects announces syncronisation of TPCIL plant

Gayatri Projects announced that TPCIL, the JV company between Gayatri Energy Ventures (GEVPL), a wholly owned subsidiary of Gayatri Projects and Singapore-based SembCorp Utilities (a wholly owned subsidiary of SembCorp Industries) has successfully synchronised the second 660 MW unit of its plant to ..


Railways, Haryana to form JV

Railways have joined hands with Haryana seeking speedy execution of viable rail projects in the state in a JV model. The JV company will be fully-owned by the government.


Tuticorin Thermal Unit to Start by December

In Tamil Nadu, Tuticorin thermal power project's first unit of 1,000-MW (2 x 500 MW), which is under construction, is likely to be commissioned in December 2013 and the second unit by March 2014


Gujarat Apollo to partner with Ammann

Road building equipment manufacturer Ammann will acquire a 70 per cent stake in Indian company Gujarat Apollo Industries’ plant and equipment business for US$ 58 mn. The JV company, Ammann Apollo India will be responsible for the sale of the Ammann product range in the region. Gujarat Apollo will ..


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