On a Slow Track
Revival of power sector is a topic that is being widely discussed among the power sector aficionados, vendors and banking circles in India currently.
Land valuations hit green field power projects
The major blow to the sector was the governments inability to pass the Land Acquisition Bill. In the current scenario, it is impractical to put up a power plant as the land value is at a much higher level. In the urban area, it costs four times more and in the rural it is higher by two times.
TBWES wins Rs.339 crore export order
Thermax Babcock & Wilcox Energy Solutions Private Limited (TBWES), a joint venture of Thermax Ltd. and US-based Babcock & Wilcox Power Generation Group, Inc. (B&W PGG), has received an export order from B&W PGG for detailed engineering, manufacturing and supply of selective items for two pulverised coal-fired boilers for an international project.
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