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About 16 results for "adani power rsquo"

Is Mumbai in for more power cuts?
Down to Earth

Is Mumbai in for more power cuts?

Closure of a number of units of Tata and Adani power plants in Mundra to be discussed by Centre on Wednesday ’ At a time when a serious power crisis looms over the whole country because of coal shortage, Mumbai experienced a massive power outage on ... Down to Earth, 2 weeks ago
Rediff.com

Five states on the verge of massive blackout

Five states -- Maharashtra, Haryana, Rajasthan, Punjab and Gujarat -- face a massive power crisis. Four of these states get electricity from Adani Power's 4,620 MW thermal power plant and Tata Power's 4,000 MW ultra-mega power project, both at Mundra in Gujarat. Adani Power shut down about six generating units at its 4,620 MW Mundra plant in Gujarat, last week. This plant supplies electricity to Haryana and Gujarat. Tata Power closed down two generating units at its 4,000 MW Mundra ultra mega ...
 Rediff.com2 weeks ago
Rediff.com

Power crisis looms as 13,000-Mw capacity shuts down

India averted a power crisis this week but doing so in the coming weeks might be difficult if the scarcity of coal and non-operation of power plants persist. As of now, 13,122.5 Mw of coal-fired power generation capacity is shut across the country; of this, 80 per cent was shut through the past two weeks.Compared to other regions, the country’s western and northern parts are at a higher risk, with 7,200 Mw and 2,300 Mw of generation capacity, respectively, shutting due to want of ...
 Rediff.com2 weeks ago
Rediff.com

Power sector expects good days ahead as demand improves

The prolonged inactivity in the debt-laden, fuel-starved and bankrupt power sector finally seems to be ending with two large acquisitions announced in the last few weeks. First, Reliance Power, promoted by the Anil Dhirubhai Ambani Group, acquired three operational hydropower assets from the Jaiprakash group for upwards of Rs 10,000 crore (Rs 100 billion). Then Adani Power of Gautam Adani bought Lanco's 1,200 Mw power plant at Udupi in Karnataka for an enterprise value of nearly Rs 6,000 crore ...
 Rediff.com3 weeks ago
Rediff.com

SC stays compensatory tariff for Adani, Tata

In major relief to Gujarat, Haryana, Rajasthan, Punjab and Maharashtra, the Supreme Court on Monday stayed an order allowing Tata Power and the Adani group to charge higher electricity tariffs on account of a rise in the cost of coal. Responding to a petition by the power distribution utilities of Haryana, the apex court stayed the interim order of the Appellate Tribunal of Electricity on compensatory tariff, and asked the tribunal to finalise the matter expeditiously. The levelised tariff ...
 Rediff.com3 weeks ago
Rediff.com

Adani has a 90-day dream run

The past 90 days have been a dream run for Gautam Adani, chairman of the Ahmedabad-based Adani group. The 52-year-old billionaire had on May 16 announced a Rs 5,522-crore (Rs 55.22 billion) takeover of Odisha's DhamraPort from Larsen & Toubro and the Tatas. The same day, the Narendra Modi-led Bharatiya Janata Party won the Lok Sabha elections. He has now followed it up with another acquisition - of Lanco's Udupi power plant for Rs 6,000 crore (Rs 60 billion).  And that's not all. Media ...
 Rediff.com1 month ago
Rediff.com

Adani plans to sell Australian coal terminal for $2 billion

The promoters of Adani Group plan to sell their Abbot Point coal terminal in Australia at close to the acquisition price of $2 billion. They had bought the terminal in May 2011, at the peak of a coal boom. The project was transferred to the Adani family in January last year, after analysts raised objections over the high debt burden of India-listed Adani Ports, which had bought the terminal in an all-cash deal. The change in the group’s strategy is mainly due to a slowing coal traffic, ...
 Rediff.com1 month ago
IndiaTV News

Sensex rallies 480 points to close at 27,112; Nifty reclaims 8K level

New Delhi : Indian markets closed on a spectacular note on Thursday. The BSE Sensex and Nifty surged nearly 2 percent on Thursday, on hopes foreign buying would continue as country can better weather any Fed-related volatility due to improving fundamentals.
 IndiaTV News8 hours ago
Jagran Post

Lower monsoon, coal shortage putting pressure on thermal projects

"The hydel projects are not doing well due to deficient monsoon hence pressure on thermal projects," Goyal said here. According to latest official data, northern region is facing over 5,000 MW of power shortage due to coal stocks drying up. Several parts of ...
 Jagran Post2 weeks ago

PM?s Japan visit: India hopes to win support for ?nuclear pact?

India has been pushing for an agreement with Japan on the lines of a 2008 deal with United States under which India was allowed to import US nuclear fuel and technology without giving up its military nuke programme. But Japan wants explicit guarantees from ...
 Jagran Post3 weeks ago
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