Indian Energy Observer

Gujarat signs deal with private sector company to obtain 5 MW solar power

Gujarat has signed a power purchase agreement (PPA) with a private sector company for purchasing 5 MW solar power at a fixed rate of Rs 3.37/ kilowatt hour (per unit) for 20 years.

Tata Power plans to purchase 10 per cent stake in Austra�s Geodynamics

Tata Power Company said on Thurday that the company would acquire 29.4 million ordinary shares in Australia-based Geodynamics, a company that specialised in geothermal energy and enhanced geothermal systems (EGS).

ONGC looks towards buying Canada�s Tanganyika Oil Company

Oil and Natural Gas Corp (ONGC) is holding discussions with Canada’s Tanganyika for acquiring the firm for about US $ 1.2-1.5 billion, according to a media report said on Friday quoting unidentified sources familiar with the deal.

SIAM plans to inform vehicle users on how to saving fuel

The Society of Indian Automobile Manufacturers (SIAM), the apex body of automobile manufacturers, is planning to educate vehicle users in better use of their vehicles. SIAM plans to launch Fuel Consumption Consumer Information and the Fuel Economy Information Brochure.

Fabtech wins order from BPCL for LPG mounded storage vessels

Fabtech Projects and Engineers, a company based in Pune has won a order worth Rs 103 crore for LPG mounded storage vessels from Bharat Petroleum Corporation Ltd (BPCL).

Power minister pulls up NTPC for substandard work at Koldam

The power ministry has criticised NTPC after finding out serious irregularities in the construction of Himachal Pradesh's 800 MW Koldam hydroelectric power plant that was being constructed by NTPC. He has instructed the company to take urgent corrective measures.

IBM and NDPL enter to partnership to bring down transmission loss

IT major IBM has signed a strategic partnership with a Tata Power and Delhi government joint venture firm, NDPL. The partnership agreement aims to bring down NDPL’s transmission losses below 10 per cent during the next three to seven years.

Energy Development Co wins an electrical equipment supply order

The Energy Development Company Ltd, an electricity producing company based in Karnataka has won a Rs 51 crore order for supplying electrical equipment for the Greater Imphal Project under the Accelerated Power Development and Reforms Programme (APDRP) scheme.

Uttam Kumar Basu takes over as the managing director of MRPL

Mr Uttam Kumar Basu has assumed office as managing director of Mangalore Refinery and Petrochemicals Ltd (MRPL) with effect from September 01.

Great Offshore purchases two 2 companies

Great Offshore Ltd, the offshore and oilfield services company has entered the port terminal and offshore logistics business by acquiring two companies in Hyderabad for Rs 160 crores.