Manufacturers of Industrial Cooling Towers, Water Treatment Equipments, Air Pollution Control Equipments and Scale-Ban (Non-Chemical Water Treatment Equipments). CASE Group is currently also putting Turnkey projects in India in the field of Coal Gasifiers, DRI plants, Solar Power Plants and automatic steel rolling mills.
Thursday, November 18, 2010
Rajasthan to have 505 mw solar energy projects
Rajasthan to have 505 mw solar energy projects
Rajasthan will have 505 Mw of solar energy projects that is likely to attract investment of Rs 6,000 crore in private sector. The Centre had recently executed tender process to select solar power projects of 630 Mw capacity to be established in the country. Out of this, projects of 505 mw capacity will be set up in Rajasthan alone.
Chief Minister Ashok Gehlot has targeted the state to become a hub of solar energy with his government improving the required basic infrastructure.
Wednesday, November 17, 2010
30 companies offered PV projects against RFP | Asia and Pacific | Energetica India
30 companies offered PV projects against RFP | Asia and Pacific | Energetica India
NTPC Vidyut Vyapar Limited on Nov 16, 2010 assessed request for proposal bids and allotted grid connected solar PV power projects to around 30 applicants. The lowest bid was offered by Camlote Enterprises. It offered discount of paise 696. In all 299 companies had participated in the bidding process. The lowest discount offered was 001 paise. Around18 companies had given a discount of 550 Paise and more. And additional 21 companies had given discount between 549 and 500 paise. The last winning bid, by precision technik, had offered discount of paise 515. The bid offered by Sonvadra Vyapar was disqualified due to error in writing.
Click here to download the PDF file
NTPC Vidyut Vyapar Limited on Nov 16, 2010 assessed request for proposal bids and allotted grid connected solar PV power projects to around 30 applicants. The lowest bid was offered by Camlote Enterprises. It offered discount of paise 696. In all 299 companies had participated in the bidding process. The lowest discount offered was 001 paise. Around18 companies had given a discount of 550 Paise and more. And additional 21 companies had given discount between 549 and 500 paise. The last winning bid, by precision technik, had offered discount of paise 515. The bid offered by Sonvadra Vyapar was disqualified due to error in writing.
Click here to download the PDF file
India's Power finance corp to launch units for 'green' PJT loans | Asia and Pacific | Energetica India
India's Power finance corp to launch units for 'green' PJT loans | Asia and Pacific | Energetica India
India's Power Finance Corp (PFC, BSE:532810) said it would launch two subsidiaries for consortium lending and funding green energy projects, which would help it in a more focused growth as well as diversification."PFC will be launching two subsidiaries by April. One is for consortium lending and the other will be to fund renewable energy projects. This will be known as PFC Green Energy," said PFC's chief managing director Satnam Singh."Though financial outlays for these two proposed arms are to be finalised, we hope to make them operational by the beginning of the next fiscal year," he added.Singh said PFC will raise additional capital, to the tune of 20 per cent, within a year through an FPO and it has already sought board and shareholders approval for that.The modalities and the issue size will be decided by the power and finance ministries, Singh added.The Indian government owns 89.78 per cent in PFC, with paid-up total capital of Rs 1,147 crore, as of September 30.The Power Ministry is mulling a follow-on public offer of PFC, which could raise around Rs 6,300 crore (US$1.41 billion) by this fiscal year-end. The issue will comprise a divestment of five per cent stake held by the government, along with 10 per cent issuance of fresh equity.
"It is being discussed...," Power Secretary P. Uma Shankar had told PTI earlier this week, adding that fresh equity may be 10 per cent, with five per cent government stake sale.He said the ministry is optimistic about bringing it (FPO) by the end of the current fiscal year."The proposal is on ...we hope to bring the offer by end of this (financial) year."Meanwhile, Singh said PFC has signed an MoU with Nuclear Power Corp for debt financing, consultancy services and equity financing to Nuclear Power Corporation of India Ltd to facilitate its large capacity addition programme, late last month.On the company's interest in getting into banking, he said it is in the process of appointing a consultant for this.Under the liberalised ECB norms, PFC can raise up to US$500 million from overseas, he said. Out of this, it has already raised yen-denominated loans worth Rs 240 million and the rest US$260 million will be mopped during the rest of the fiscal year year.
India's Power Finance Corp (PFC, BSE:532810) said it would launch two subsidiaries for consortium lending and funding green energy projects, which would help it in a more focused growth as well as diversification."PFC will be launching two subsidiaries by April. One is for consortium lending and the other will be to fund renewable energy projects. This will be known as PFC Green Energy," said PFC's chief managing director Satnam Singh."Though financial outlays for these two proposed arms are to be finalised, we hope to make them operational by the beginning of the next fiscal year," he added.Singh said PFC will raise additional capital, to the tune of 20 per cent, within a year through an FPO and it has already sought board and shareholders approval for that.The modalities and the issue size will be decided by the power and finance ministries, Singh added.The Indian government owns 89.78 per cent in PFC, with paid-up total capital of Rs 1,147 crore, as of September 30.The Power Ministry is mulling a follow-on public offer of PFC, which could raise around Rs 6,300 crore (US$1.41 billion) by this fiscal year-end. The issue will comprise a divestment of five per cent stake held by the government, along with 10 per cent issuance of fresh equity.
"It is being discussed...," Power Secretary P. Uma Shankar had told PTI earlier this week, adding that fresh equity may be 10 per cent, with five per cent government stake sale.He said the ministry is optimistic about bringing it (FPO) by the end of the current fiscal year."The proposal is on ...we hope to bring the offer by end of this (financial) year."Meanwhile, Singh said PFC has signed an MoU with Nuclear Power Corp for debt financing, consultancy services and equity financing to Nuclear Power Corporation of India Ltd to facilitate its large capacity addition programme, late last month.On the company's interest in getting into banking, he said it is in the process of appointing a consultant for this.Under the liberalised ECB norms, PFC can raise up to US$500 million from overseas, he said. Out of this, it has already raised yen-denominated loans worth Rs 240 million and the rest US$260 million will be mopped during the rest of the fiscal year year.
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