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The Economic Times: Latest business, finance, markets, stocks, company news from India.



Last Build Date: Fri, 20 Jan 2017 03:54:36 GMT

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Orient Green Board clears plan for merger talks with IL&FS

Thu, 19 Jan 2017 19:14:21 GMT

(image) Orient Green said it is in the process of demerging its wind and biomass entities into two separate companies.



Orient Green Power's board approves exclusive discussions with IL&FS

Thu, 19 Jan 2017 16:14:03 GMT

(image) ET was the first to break news on the potential merger on January 19. Orient Green Power said the resultant merged entity will have 1.2 GW of operating wind capacity.



World Bank sanctions Rs 1,376 crore for Tripura power upgradation

Thu, 19 Jan 2017 14:23:47 GMT

(image) The total project cost sanctioned by World Bank is Rs 1,376 crore and the project is divided into five phases.



World Bank sanctions Rs 1,376 crore for Tripura power upgradation

Thu, 19 Jan 2017 12:17:51 GMT

(image) In the first phase, Rs 461 crore would be spent. A large number of 132 KV and 33 KV substations will be constructed and upgraded under the project.



Indus Net Technologies & E-Cube Energy floats JV for energy management services

Thu, 19 Jan 2017 12:13:18 GMT

(image) EnergyTech’s business model innovation is likely to help complement every stakeholder in IoT landscape and would help companies’ double energy and resource productivity.



Higher coal prices, clean energy cess wiped out UDAY gains: Analysts

Wed, 18 Jan 2017 19:31:53 GMT

(image) The extraneous factors like increases in clean energy cess, domestic and international coal prices rise and hiked railways tariffs have outweighed generation cost reducing measures, Sudip Sural, senior director, CRISIL Ratings said.



IL&FS in talks with Chennai-based Orient Power to merge its wind energy assets

Wed, 18 Jan 2017 18:54:39 GMT

(image) The all-stock reverse merger of unlisted IL&FS Energy Development will value the combined entity at Rs 4,500-5,000 crore.



Indian receives FDIs worth $1.77 billion in renewable energy in over two years

Wed, 18 Jan 2017 17:09:53 GMT

(image) "Total FDI equity inflow in the non-conventional energy sector during April 2014 to September 2016 was $ 1.77 billion," the Commerce and Industry Ministry said in a statement.



CIL to launch coal auction for power companies with flexible lifting

Wed, 18 Jan 2017 11:56:29 GMT

(image) This will serve existing power plants which do not have a linkage but will not attract new capacity addition



STFI teams up with IGCC for 3-year Solar Payback project

Wed, 18 Jan 2017 09:04:13 GMT

(image) Supported by the German Federal Environment Ministry funded by the ICI, the 3-yr project will be implemented in India, South Africa, Mexico and Brazil.



Govt plans to phase out incandescent bulbs in the next 3 years

Tue, 17 Jan 2017 19:19:26 GMT

(image) Govt may put gradual bans on production and sale starting with high voltage lamps, and encourage consumers to use energy efficient alternatives.



NTPC expects to cut Chhabra losses by a-fifth

Tue, 17 Jan 2017 11:39:45 GMT

(image) In October last year, Rajasthan Electricity Regulatory Commission approved cost of stage-I of the project at Rs 5053 crore.



Tata Power’s non-fossil operating capacity climbs to 3,060mw

Tue, 17 Jan 2017 11:24:20 GMT

(image) “Taking a step further towards building a greener portfolio last year, the Company revised its share of non-fossil fuel based capacity up to 35-40% by 2025,” Tata Power said.



ReNew Power secures USD 390 million debt funding from ADB

Tue, 17 Jan 2017 10:58:09 GMT

(image) According to the statement, the proceeds will be utilised by the company to develop and expand capacities in Andhra Pradesh, Gujarat, Jharkhand, Karnataka, Madhya Pradesh and Telangana.



India poised for huge growth in solar energy: Piyush Goyal

Mon, 16 Jan 2017 13:43:14 GMT

(image) "The 100 gigawatt target for solar should not be a constraint. India won't stop at 100 GW," Piyush Goyal said.