Free Press Journal
  • Sensex slips 130 pts on weak global cues, Nifty tests 10,300

    Mumbai: The benchmark BSE Sensex fell over 130 points in early trade today amid weak Asian cues and selling on oil & gas, metals, power, PSU and IT counters. Brokers said persistent selling by investors and capital outflows by foreign funds and a weak trend in Asian bourses, due to increased concerns over the prospect of a global trade war, dampened market sentiment.

  • Global miners to see limited opportunity

    Mumbai : India’s decision on Tuesday to allow private companies to mine coal for commercial use, without pricing or end-use restrictions, may not spawn huge business opportunities for global mining giants Peabody Energy, BHP Billiton or Rio Tinto.

  • Bhopal: Rewa Solar Power Plant loses ‘biggest’ tag

    Bhopal: The state government has been claiming that Rewa Ultra Mega Solar Power Plant is the “world biggest solar plant”. But due to a time overrun of around two and a half years it has lost that status, for in the meanwhile, the NTPC has decided to set up a 1000 MW solar power plant in Andhra Pradesh. The plant, coming up at Anantpur in Andhra Pradesh will now be the biggest

  • Centre draws up plans to buy stubble to save Delhi from smog

    New Delhi : The Centre is drawing up a plan to buy the crop stubble from farmers in Punjab, Haryana and Uttar Pradesh to prevent them from burning it and aid in alleviating the smog problem in the capital.

  • NTPC explosion toll rises to 29; Opposition demands judicial probe

    Rae Bareli: The death toll in the NTPC plant explosion climbed to 29 as nine people including a top officer of the corporation died during treatment today, even as Congress vice-president Rahul Gandhi and other opposition leaders descended on the accident site and demanded a judicial probe.

  • NTPC explosion: Rahul Gandhi visits accident site in Rae Bareli, Congress seeks judicial probe

    Rae Bareli: Congress vice president Rahul Gandhi today met the workers injured in the boiler explosion at the NTPC plant here as his party demanded that a judicial inquiry be ordered into the incident that left 26 persons dead. Taking a break from his Gujarat election tour, the Congress vice president visited the Gandhi family pocket-borough Rae Bareli to meet those injured in the explosion and said his party

  • NTPC shuts Unchahar plant unit after blast claims 26 lives

    New Delhi, India’s largest power producer NTPC Ltd today said it has shut a 500 MW unit at its Unchahar coal-fired power station in Rae Bareli after an explosion killed 26 people and injured several others.

  • Brentwood India expects revenue to be over $20mn in next 5 years

    Mumbai : In last four years, Brentwood India— a cooling technology provider, invested Rs USD 15 million in India. Now, the company expects to grow its business to over USD 20 million in next five years’ time.

  • Govt to sell 5% stake in NTPC, to mop up Rs 7K cr

    The government will sell 5 per cent through OFS, with an option to retain another 5 per cent in case of over-subscription. It has so far this fiscal raised over Rs 8,800 crore through disinvestment in six companies.

  • Bhopal: Soil mined illegally for railway line

    Bhopal: Thousands of cubic metres of soil and gravel have been illegally mined from different areas of the district for the earthwork of laying a railway track from Baranj to Chor Barehta. The 8-km line is being laid to facilitate the transport of coal to the NTPC super thermal power station coming up at Cheechli near Gadarwara in the district. The NTPC says that the work is being handled by Konkan Railways

  • Bhopal: NTPC goes back on its promise, farmers resent

    Narsingpur: Even as farmers’ agitation is raging all over the state, resentment is brewing among the farmers of Dongargarh and six other villages in the district. Fertile land of hundreds of farmers was acquired for the plant but in violation of the agreement made with them, the management has not provided jobs to one member each of the families and neither have they are being paid the annual bonus due to them.

  • No impact of GST on renewables, no need for lower taxes: Piyush Goyal

    “We don’t need support of lower taxes to encourage renewable energy. By itself, it is good for the nation. It reduces pollution. It give discoms 25-year long affordable power at prices which are even below grid (parity price),” – Piyush Goyal/Power Minister (more…)

  • Govt plans to cut coal imports for power PSUs to zero in FY18

    New Delhi : The Government on Sunday said it is aiming to bring down to “zero” thermal coal imports of power PSUs like NTPC in the current fiscal, a move that would reduce the country’s import bill by around Rs 17,000 crore.