Energy Sector

Little movement in OPEC crude price

Vienna OPEC- The price for crude oil produced by the Organization of the Pe

Energy Development Company to setup 1.5 MW wind mill energy plant

Kolkata-based Energy Development Company Limited has decided to set up a 1.5 MW wind mill energy plant in District - Chitradurg in the state of Karnataka, with a capital investment of Rs 9.5 crore

Energy sector accounts for 90 per cent of investment in Myanmar

Yangon  - Energy sector accounts for 90 per cent of investment in Myanmar  Investments in Myanmar's energy sector last year amounted to 474 million dollars or 90 per cent of the total foreign direct investment in the country which is the target of economic sanctions, media reports said Tuesday.

Karnataka to set up 2000 MW thermal plant in Chhattisgarh

The Karnataka government has decided to set up a 2000 MW thermal power plant in Chhattisgarh. The state chief minister B S Yeddyurappa said that it would be set up in Janjgir district. The state government will acquire 2000 acres of land for the proposed project at Goghna. Chhattisgarh’s Chief Minister Raman Singh has already given nod to power project.

The project site is well connected to rail and road link. The water is also available from Mahanadi River for power plant. Thus the site is technically fit for the set up of plant.

OPEC crude price drops below 128 dollars on Friday

Vienna OPEC- The price for crude oil produced by the Organizati

Hold Suzlon Energy

Indiabulls Securities Ltd has maintained a ‘Hold’ rating on Suzlon Energy Suzlon Energy Limited Limited stock with a long term target above Rs 275.

Suzlon Energy is now making cautious efforts to expand its market share, develop its business, regulates its asset quality and lay more pressure on customer service to perk up its profile and combat increasing competition.

According to Indiabulls, investors who have already purchased the stock can go long with the aim of making a big profit.

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