In your interest.
Online Personal Finance Magazine
No beating about the bush.
Moneylife: The government has permitted private players to invest in power transmission either through joint ventures with Power Grid Corporation of India or via an independent private transmission company (IPTC) based on competitive bidding. What are your plans?
Chandak: There were only two orders under the new initiative and both have gone to Reliance. But there are three-four new bids...
In a recent hearing on the jet fuel dues at the Bombay High Court, Bharat Petroleum Corporation Ltd (BPCL) demanded a substantial amount as repayment of dues, against the monthly payment of Rs10 crore offered by Kingfisher Airlines. Kingfisher owes BPCL around Rs314. 32 crore. Meanwhile, Kingfisher alleged that BPCL had not honoured the 90-day grace period granted by the Indian government to...
What is common between an oil refiner and trader Adani, steel manufacturer Jindal, copper & aluminium manufacturer Sterlite and drug manufacturer Torrent? They have all set up large power projects; a substantial part of their generation will be available for selling to the power grid, thanks to the Electricity Act 2003 and the new rules framed by the Central Electricity Regulatory Commission...