Arunachal Pradesh allotted 12 hydropower projects to three Central Government PSUs
The MoAs were signed in the presence of Union Power Minister R. K. Singh, Chief Minister Pema Khandu and Deputy Chief Minister Chowna Mein. The programme was also attended by Union Power Secretary, senior officers from the Power Ministry and CMDs of CPSUs. Several ministers, MLAs and senior officers from the state were also present on the occasion.
Harshvardhan Dole on 4 stocks to go for in power sector
“The whole power story can be played in multiple ways. Either you own the traditional utilities or you end up owning these suppliers or the vendor base which initially benefit disproportionately out of the capex that the utilities are doing. Smart metering is one such way to play the whole power sector theme.”
BHEL bags order from NHPC for Hydro Project, Dibang Multipurpose Project
State-owned Bharat Heavy Electricals Limited (BHEL) on Monday announced that it has bagged an order from NHPC for its 2,880 MW Dibang multipurpose project in Arunachal Pradesh. The order for the electro-mechanical (E&M) work for the project has been bagged against a stiff competition under international competitive bidding, BHEL said in a statement.
Exclusive | PFS Chairman Mishra did not act in shareholder interest: SEBI
Amid regulatory scrutiny, Mishra’s appointment as Chairman & Managing Director of PFS parent company PTC India comes up for shareholder approval on June 28.
Exclusive | PTC panel to look into CMD’s appointment after SEBI questions process: Sources
SEBI is believed to be questioning PTC India and its CMD on why the company did not prioritise the appointment of new independent directors after four of them resigned citing corporate governance issues.