TERPL will now cater to shipping requirements of the company's imported coal-based CGPL plant at Mundra under an asset light model which will help unlock significant value and returns for the shareholders.
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The acquisition of Alipurduar Transmission will bolster the pan-India presence of ATL consolidating its position as the largest private sector transmission company in India
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The ministry said the order was intended "to protect the security, integrity and reliability of the strategically important and critical power supply system and network".
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June power generation fell 9.9%, a Reuters analysis of daily load despatch data from federal grid operator POSOCO showed, compared with a 14.3% decline in May.
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The primary reason mentioned by CARE is a decline in execution of orders further aggravated with the outbreak of Covid-19
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PFC Consulting Ltd (PFCCL) is a wholly-owned subsidiary of Power Finance Corporation (PFC), the non-banking finance company under the Ministry of Power.
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R-Power is committed to cleaner and greener power by reducing emissions and is undertaking a capex of nearly Rs 3,300 crore to install flue gas desulfurisation (FGDs) in its coal-based plants,
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The company has worked out the floor price of an equity share of Rs 33.82 to buy 96.53 crore scrips with the public for about Rs 3,264 crore.
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Power generation fell 14.5% in the first 15 days of June, a Reuters analysis of daily load despatch data from federal grid operator POSOCO showed, compared with a 14.3% fall in May.
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The plant is expected to generate about 240 million units of energy per year and will annually offset nearly 240 million kg of CO2.
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