Infrastructure development holds the key to India’s economic growth. Currently, since September 23, 2011, Indian companies in the infrastructure sector are permitted to utilise 25 per cent of the fresh ECB raised by them towards refinancing of the domestic Rupee loan (s) under the approval route.
In view of the increasing capital requirement of the power

Union Minister of Power Shri Sushilkumar Shinde has called upon the US industry to explore emerging investment opportunities in the Indian power sector and consolidate existing partnerships and projects between the two countries. He was addressing the US India Business Council in Washington.
Giving an outline of the growth of Indian power sector, Shri Shinde said

5 MWp Solar Photovoltaic Power Plant has been installed at village Rawara, Taluka Phalodi in the state of Rajasthan under Jawaharlal Nehru National Solar Mission.  This project has been commissioned by Rajasthan Electronics & Instruments Limited (REIL),  a PSU under the Ministry  of Heavy Industries & Public Enterprises.  The location is ideally suited for taking

Secretary, Power Shri P. Uma Shankar has said that energy conservation and energy efficiency are parts of the Government’s strategy to meet growing need of power. He was inaugurating the National Conference on Demand Side Management (DSM) in New Delhi today. He said the schemes such as Bachat Lamp Yojana (BLY) and Standards and Labelling

Ongoing cooperation between India and Bhutan in the hydropower sector is covered under the 2006 agreement on cooperation in Hydropower between the two countries and the Protocol to the 2006 agreement signed in March, 2009 thereof.  Under the Protocol, Government of India has agreed to develop 10,000 MWs of hydropower in Bhutan for export of

The present installed power generation capacity in the country as on 31.10.2011 is 182689.62 MW. Thermal power projects of 78545 MW and hydro power projects of 15707 MW  are under construction in the country for likely commissioning during 11th and 12th Plan.
In order to attract foreign investments in the power sector, Foreign Direct Investment (FDI)

A high level delegation from Czech Republic led by Czech Industry & Trade Minister Mr. Martin Kocurek met Minister of State for Power Shri K.C. Venugopal in New Delhi today. The delegation consisting of three Ministers of Czech Republic and officials and heads of industries of the country appreciated the capacity addition efforts of the

Minister of Power Shri Sushilkumar Shinde has said that India has taken several measures to make the power sector investor friendly in a fast growing competitive environment. He was delivering the keynote address at the 8th India Investment Forum in New York. Calling upon the American investors to invest in Indian power sector, Shri Shinde

The London stock listed company, Essar Energy PLC, Tuesday announced that its Indian subsidiary, Essar Power Limited made an investment acquisition for a 100% stake in Navabharat Power Pvt Ltd. The investment will see Essar Power Ltd takeover the 2250MW producing company in Orissa.
However, the deal will be undertaken in stages, with Essar announcing that

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