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MoEFCC gives green clearance for project in Greater Nicobar
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L&T Energy Power wins FGD order in West Bengal
Mumbai, India - In a significant development, the Power business arm of Larsen & Toubro (L&T Energy - Power) has successfully secured an Engineering, Procurement, and Construction (EPC) order from West Bengal Power Development Corporation Limited. The order pertains to the installation of wet Flue Gas Desulphurization (FGD) systems for the Thermal Power Plant located at Sagardighi in West Bengal.
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SC Bans Sand Mining by 82 Leaseholders in Rajasthan
The mining department has begun a process to find 100 hectares of sand mining blocks for auction around the state. Because more than 25 existing leases would expire by the end of the year, the mining department has been tasked with preparing the detailed project report (DPR) after earmarking the blocks.
An official informed, “Like masonry stone mines, 100 hectare sand mines leases will be auctioned in the state. The survey will be completed in four months and blocks will be put under hammer. The survey process is slow at the moment as there is water over the riverbed.”
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Adani Energy Acquires Essar's Transmission Assets
Adani Energy has finalised the acquisition of Essar's Mahan and Sipat transmission assets for a sum of Rs 1900 crore. This significant move underscores Adani's strategic expansion within the energy sector and consolidates its position as a key player in India's power transmission domain.
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IEX Q4 Net Profit Grows 9.5%
The Indian Energy Exchange (IEX) has reported a significant uptick in its net profit for the fourth quarter, marking a notable growth of 9.5%. This financial performance underscores the resilience and strength of the company's business model in navigating through dynamic market conditions within the energy sector.
The impressive growth in net profit reflects IEX's robust operational performance and effective strategic initiatives aimed at enhancing efficiency and driving sustainable value creation. As a leading power trading platform in India, IEX plays a pivotal role in facilitating t..
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