Ministries to Pace up Power Projects
The Union Ministry of Power and Ministry of Water Resources have drawn up a framework for technical clearances by the Central Electricity Authority (CEA) and Central Water Commission (CWC) to pace up implementation of power projects in the country.
BHEL to Execute Overseas Power Projects
Bharat Heavy Electricals Ltd (BHEL) will be entrusted with the task of executing all overseas power projects financed by the union government.
OMCs to Get Rs.80 bn Subsidy
State-run oil marketing companies (OMCs) would receive a subsidy payout of Rs 8,000 crore during the April-June quarter for selling fuel products below market price.
ONGC, RIL and BG to Invest Rs.950 crore in Panna Field
Oil and Natural Gas Corporation (ONGC) and its consortium partners- Reliance Industries (RIL) and BG Exploration and Production India- are jointly investing Rs 950 crore to drill more wells to arrest declining production from the Panna field.
Capital Cost of GVK Plant Raised by Rs 67 cr
he Andhra Pradesh Electricity Regulatory Authority (APERC) has enhanced the capital cost of GVK Group's 216 MW Phase 1 gas power project in East Godavari by Rs 66.74 crore.
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