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All coal block allocations post 1993 done in illegal manner: SC

The Supreme Court on Monday held that all coal block allocations made since 1993 till 2010 before pre-auction era during previous National Democratic Alliance and United Progressive Alliance......

Govt plans to set up 5 new UMPPs at Rs 1 lakh cr investment

India will set up 5 more ultra mega power projects, entailing investments of around Rs 1 lakh crore (Rs 1 trillion), the government said on Saturday. "Five more ultra mega power projects, under the......

RPower seeks remedy for increase in Sasan UMPP costs

Finding it difficult to supply power at the levelised rate of Rs 1.19 per unit from its Sasan ultra mega power project (UMPP), Reliance Power Ltd is looking for a new mechanism to take care of over......

Indiabulls Power to bid for UMPPs

Indiabulls Power, which is developing over 6,650 Mw from five thermal power projects by 2013, is planning to also bid for ultra mega power projects (UMPPs), besides foraying into renewable energy......

Govt may limit UMPP number per company

The government may revive a proposal limiting the number of Ultra Mega Power Projects awarded per developer. "We need to give a thought to the desirability and the feasibility to limit the number......

Lending norms may be eased for UMPPs

With no sign of the global liquidity crunch abating, the government is planning to ease the lending norms for banks and financial institutions so that they can provide funds for the ambitious ultra......

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