BHEL commissions 660 MW supercritical thermal plant in Nagpur
Posted on 16th May 2016 |
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| Bharat Heavy Electricals Limited (BHEL) on May 14, 2016 commissioned a 660 MW supercritical thermal unit at Mouda Super Thermal Power Station (STPS) at Mouda in Nagpur district of Maharashtra. The order for setting up two coal-based thermal units of 660 MW was placed with BHEL by NTPC Ltd. While the first unit has been commissioned, work on the other 660 MW unit is also in an advanced stage. Notably, BHEL has earlier set up two units of 500 MW each at Mouda STPS, which are in operation. In the supercritical segment, BHEL has successfully demonstrated its leadership status and technological capability in the manufacture and execution of 660 MW, 700 MW and 800 MW sets. Notably, the unit, commissioned by BHEL at Mouda, is the first to be commissioned out of the 11 units ordered under bulk tendering to different manufacturers. BHEL has a long-standing partnership with NTPC and has supplied over 30,000 MW of the coal-based power plants of NTPC and its JVs that account for around 80 percent of its coal-based installed capacity. Significantly, in FY 2015-16, all the 2,255 MW projects of NTPC and its JVs were executed by BHEL. |
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Bharti Airtel defers Q2 results till Nov 14 over ambiguity on AGR verdict
Posted on 29th October 2019 |
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Bharti Airtel said on Tuesday it has postponed its second-quarter earnings report to mid-November, as the wireless operator sought clarity on the court ruling asking telecom firms to cough up overdue payments to the government.
Shares of the company, which was expected to release its quarterly numbers later in the day, dropped 3.3 per cent in early trade. |
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Rupee slips 8 paise vs US dollar in early trade amid drop in oil prices
Posted on 7th October 2019 |
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The rupee on Monday opened eight paise lower at 70.96 against the US dollar amid drop in crude oil prices and rise in Asian equities. The domestic unit on Friday closed almost flat at 70.88 against after the Reserve Bank of India (RBI) in a widely expected move cut key interest rates by 0.25 percentage point. On a weekly basis, the local unit slumped by 32 paise. |
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LIC pips private insurers in first-year premium growth during April-August
Posted on 13th September 2019 |
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In the first five months of the current financial year, first-year premiums of life insurance companies grew by 39.84% (year-on-year) at Rs 1.05 lakh crore as compared to Rs 75,588.35 crore in April-August of 2018-19. Life Insurance Corporation of India (LIC) continued to grow at a faster pace compared to private insurance players, shows the data from the Insurance Regulatory and Development Authority of India (Irdai). |
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Apollo Hospitals rules out further stake sale
Posted on 13th September 2019 |
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Apollo Hospitals Enterprise (AHEL) has ruled out further dilution of promoters’ stake in the company. The company also said its Rs 1,337-crore stake sale of Apollo Munich Health Insurance with mortgage major HDFC will be concluded by October. Following these stake sales, the promoters’ pledged position will come down from a high of 76% to 54% by October and eventually to 20% by November or December, company sources said here. |
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World trusts India on Kashmir, not us: Pakistan minister Ijaz Ahmed Shah
Posted on 13th September 2019 |
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In a major embarrassment for Pakistan and its Prime Minister Imran Khan, the country's Interior Minister Ijaz Ahmed Shah, a retired brigadier, said the international community didn't believe Pakistan's narrative on Kashmir; instead it is India whose version is trusted. |
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