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PGInvIT investment manager board okays Rs 644.15 cr for acquisition

PGInvIT board approved 26% equity shareholding of POWERGRID Vizag

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KEC to resume Warora-Kurnool transmission line

KEC has signed project agreements to complete the balance work of the transmission lines

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Adani Transmission, Tata Power in talks with Essel Group to buy its power line

The Essel Group is negotiating with Adani Transmission and Tata Power to sell its under-construction Warora-Kurnool transmission line in an attempt to lower debt.

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Indian firms win maximum number of safety 鈥極scars鈥� this year

In a major boost to workplace safety in India, Indian companies recently won the maximum number of Sword of Honour and Globe of Honour safety awards given by the British Safety Council. Among the 84 global organisations which were awarded the Sword of Honour, 41 were Indian. Nine global companies we..

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Sekura Energy to acquire stake in Essel鈥檚 power projects

Edelweiss Infrastructure Yield Plus fund backed Sekura Energy has signed an agreement to acquire a stake in two operating power transmission assets from Essel Infraprojects, namely Darbhanga-Motihari Transmission and NRSS XXXI (B) Transmission.

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Bagged it!

MEP Infrastructure Developers Ltd in a JV with its Spanish partner has received LOAs from NHAI and MoRTH as per the new Hybrid Annuity Mode, which is a mix of EPC and BOT system.

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APL to commission 16,500 MW by 2013

Adani Power (APL) is likely to commission 1,980 MW of generation capacity by the end of the current fiscal and 6,600 MW by mid 2012.

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