Two deals have been signed by Infrastructure Development Finance Co Ltd's unit IDFC Projects Ltd with Bharat Heavy Electricals Ltd and Gujarat State Energy Co Ltd, said IDFC on Tuesday.
Under these deals, a 200 mega watt thermal power project in association with BHEL in two phases would be built, owned and operated by the company.
Via a statement, the company also informed that IDFC Projects would also set up another 10 mega watt solar power project.
State-owned Bharat Heavy Electricals, the engineering major, has signed Joint Venture agreement with Karnataka Power Corporation Ltd for setting up Joint Venture Company.
The JV company will build, own and operate two 660/800 megawatt coal-based power plant at Yeramarus in Raichur and another 660/8OOMW power plant at Edlapur, also in Raichur.
National Thermal Power Corporation Ltd (NTPC) has signed a Joint Venture agreement with five large state-run companies. The list includes Steel Authority of India Ltd (SAIL), Rashtriya Ispat Nigam Ltd (RINL), Coal India Ltd (CIL) and National Mineral Development Corporation Ltd (NMDC).
KLG Systel has made announcement that company's power system solution (PSS) division has secured an order worth Rs 306 million from Uttar Haryana Bijli Vitran Nigam (UHBVN).
According to sources, this is the repeat order, which has been awarded to the company for executing engineering procurement construction (EPC) project.
The major activity of India-based KLG Systel is to offer software, information technology solutions and IT enabled services.
The UP urban areas will see the introduction of power transmission and distribution system through input-based franchisee by Mayawati government, which it thinks is vital for development. The decision was taken in the cabinet meeting held in Lucknow.
"The step could be the first move towards privatization of power distribution in the state which until now was in government hands," said the UP Power Corporation Limited
(UPPCL) sources.
The biggest wind-turbine maker of the country, Suzlon Energy would sell 10% stake in its Belgium arm Hansen to a London-based investment firm. Hansen supplies industrial and wind gear boxes besides providing designs of business and manufacturing practices. It is planning to expand its network in India and China.
Suzlon said in a filing before the Bombay Stock Exchange that its Netherlands-based wholly-owned subsidiary AE-Rotor Holding has sold 6.70 crore shares to Ecofin. The amount of deal is not disclosed yet by any party.
Two deals have been signed by Infrastructure Development Finance Co Ltd's unit IDFC Projects Ltd with Bharat Heavy Electricals Ltd and Gujarat State Energy Co Ltd, said IDFC on Tuesday.
State-owned Bharat Heavy Electricals, the engineering major, has signed Joint Venture agreement with Karnataka Power Corporation Ltd for setting up Joint Venture Company. 
National Thermal Power Corporation Ltd (NTPC) has signed a Joint Venture agreement with five large state-run companies. The list includes Steel Authority of India Ltd (SAIL), Rashtriya Ispat Nigam Ltd (RINL), Coal India Ltd (CIL) and National Mineral Development Corporation Ltd (NMDC). 
KLG Systel has made announcement that company's power system solution (PSS) division has secured an order worth Rs 306 million from Uttar Haryana Bijli Vitran Nigam (UHBVN).
The UP urban areas will see the introduction of power transmission and distribution system through input-based franchisee by Mayawati government, which it thinks is vital for development. The decision was taken in the cabinet meeting held in Lucknow.
The biggest wind-turbine maker of the country, Suzlon Energy would sell 10% stake in its Belgium arm Hansen to a London-based investment firm. Hansen supplies industrial and wind gear boxes besides providing designs of business and manufacturing practices. It is planning to expand its network in India and China. 
