Will upgrade old power plants into UMPPs: Goyal

Last Updated: Wednesday, April 29, 2015, 14:31

The government is looking at the option of upgrading existing power plants into larger capacity Ultra Mega Power Projects (UMPPs) using clean technology and to offer them in plug and play mode, Power Minister Piyush Goyal said on Wednesday .

NTPC eyeing stranded private power project

Last Updated: Tuesday, April 7, 2015, 20:13

Country's largest power producer NTPC is planning to acquire a plant with up to 4,000 MW capacity for about Rs 20,000 crore, said a source.

India's steps to revive gas-based plants to help banks: Moody's

Last Updated: Monday, March 30, 2015, 13:55

Indian government's efforts to revive the stranded gas-based power projects will benefit the banks as they have significant exposure to such plants, credit rating agency Moody's said.

PFC to give Rs.15,000 crore loan for Telangana power projects

Last Updated: Sunday, March 15, 2015, 22:06

The Power Finance Corporation (PFC) has come forward to extend Rs.15,000 crore loan for thermal power projects coming up in Telangana.

Govt for setting up 5 new UMPPs at Rs 1 lakh cr investment

Last Updated: Saturday, February 28, 2015, 13:23

India will set up 5 more ultra mega power projects, entailing investments of around Rs 1 lakh crore, the government said Saturday.

Delay in land acquisition, other reasons, hit UMPP projects

Last Updated: Thursday, February 26, 2015, 17:28

Some ultra mega power projects (UMPPs) have been delayed due to a host of reasons, including non-finalisation of sites by states and land acquisition, Power Minister Piyush Goyal informed Parliament Thursday.

Centre plans to invite bids for 4-5 UMPPs this year

Last Updated: Thursday, January 15, 2015, 23:03

A week after scrapping the bidding process for two ultra mega power projects (UMPPs) in Tamil Nadu and Odisha, Union Power and Coal Minister Piyush Goyal Thursday said the government will invite tenders for at least 4-5 UMPPs over the next one year.

Coal India signs pact for 1,000 MW solar power projects

Last Updated: Monday, December 8, 2014, 15:42

State-owned Coal India has signed an agreement with Solar Energy Corporation of India for setting up of solar power plants of total 1000 MW capacity in different parts of the country.

CCEA approves changes to Mega Power Policy

Last Updated: Thursday, January 2, 2014, 19:49

The policy was introduced in November 1995 to provide impetus to the setting up of large power projects and derive benefits from economies of scale.

CCEA may take up Mega Power Policy proposal tomorrow

Last Updated: Wednesday, January 1, 2014, 19:55

The Cabinet Committee on Economic Affairs is expected to take up Thursday the Power Ministry's proposal to amend the Mega Power Policy.

Heavy Ind Min concerned over higher ECB cap for power projects

Last Updated: Sunday, December 8, 2013, 18:35

The Heavy Industries Ministry has raised concerns over enhanced external commercial borrowing limit for funding domestic power projects, citing that the move adversely impacts local gear makers including BHEL.

Tata Power developing 160 MW wind projects in India

Last Updated: Monday, October 28, 2013, 21:15

The private power producer already has an installed wind energy generation capacity of 398 MW with projects across Maharashtra, Rajasthan, Gujarat, Tamil Nadu and Karnataka.