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The Union Power Ministry has constituted an independent Thermal Project Monitoring Group (TPMG) for the monitoring and execution of thermal power projects that are under implementation. ....
The Cabinet Committee on Economic Affairs (CCEA) has approved a proposal for equity investment by South Eastern Coalfields Limited (SECL) in a 1×660 MW thermal power plant ....
India News: The government has approved equity investment of Rs 5,607 crore by Coal India Ltd subsidiaries in two thermal power projects in Madhya Pradesh and Odisha. The projects have a combined capacity of 2,260 megawatts and will be built at an investment of Rs 21,547 crore. The move highlights the government's commitment to expand coal-fired generation capacity and reduce dependence on imported coal. ....
BHEL s substantial order backlog and expected order inflows make for a compelling investment case. But improving order executions and reducing working capital requirements are crucial ....
Federal Bank, the largest private sector lender in Kerala, has announced that it will completely stop funding for thermal power projects by 2030. As a first step towards this goal, the bank plans to halve its exposure to the thermal power sector by 2025. The bank currently has a green power sector exposure of Rs 5,083 crore, mainly in solar and wind projects. The bank s chief mentor, Ashutosh Khajuria, is confident that the bank will continue to achieve 20% credit disbursal growth this fiscal year, driven by home, business, and gold loans. ....