L&T released from Subansiri project contract: NHPC
State-run NHPC has in a filing with BSE said it has released L&T from performance of the contracts Lot SSL.2 and SSL.5 for building lower Subansiri hydroelectric project as per provisions contained in the contract conditions.
BoP the builder
A number of players in the balance of plant (BoP) sector, who had a phenomenal order intake in the past several years, are currently reeling under tremendous working capital stretch because of stuck inventory and huge receivables.
15,000 MW of tenders are likely to be in place this year
I would not like to give any future indications of the company as such, but I will still give you what is happening in the market. Now for the first half, as you have seen, nearly 5,000 MW has been finalised.
Leading the pack
NTPC, a Maharatna, has drawn up a long-term plan to become a 128,000 MW company in terms of installed capacity by the year 2032. It has made the single largest thermal capacity addition in the country during the first two years of the 12th Plan
JSW Energy agrees to acquire 300 MW Baspa II hydroelectric project
JSW Energy Ltd has informed BSE that the company has agreed to acquire from Jaiprakash Power Ventures Limited and other shareholders, 100 per cent stake in Himachal Baspa Power Company Limited for a base enterprise value of approximately Rs 9,700 crore, subject to mutually agreed adjustments.