Power

Power is a key factor that contributes to the industrialization and the economic growth of a country. It is one of the most important infrastructures on which the development of various economic sectors of a country depend. Availability of reliable and quality power at affordable rates is very crucial. It helps to make the domestic market competitive globally and thus enhance the quality of life for people. The nuclear, hydro, and thermal energy...
 The world’s largest steel producer, ArcelorMittal, announced plans to venture deeper into power generation in India making it the company’s second energy project in India. The company has 49% equity in HPCL-Mittal Energy Ltd that is currently undertaking the construction of a petroleum refinery plant in Bhatinda, Punjab. Sources said that the steel company had hired a new chief executive to head its power division- the former head of India...
Funding for renewable energy projects is expected to become easier in India as Banks and private equity investors begin to look at clean energy projects as viable businesses propositions to invest in. HSBC chief executive, Stuart Davis, said that there were numerous investors who were keen on getting into the renewable sector if a viable business proposition from the sector is proposed. As such, it is hoped the ease of funding will follow such...
In an announcement on Friday, Jindal South West Energy (JSWE) said it had agreed on a memorandum of understanding, (MoU), with Osho Venture FZCO, Dubai and Indian Ocean Mining (Pty) Ltd, South Africa (IOM) for the acquisition of a 70% venture in IOM from Osho. IOM owns coal prospecting rights in the North-West region of South Africa. However, the company would not divulge the details of the investment deal, but, in a filing to the Bombay...

Company Profiles

Syndicate content
Tata companies operate in seven business sectors: communications and information te
Airtel comes to you from Bharti Airtel Limited, one of Asia’s leading int
YES BANK, India’s new age private sector Bank, is an outcome of the professional entrepre
Global Reach represents Overseas Universities in India and is consider
MosPay