Last Updated: Monday, February 24, 2014, 12:00
Shares of power producers Tata Power and Adani Power surged in morning trade on the bourses after the electricity regulator CERC allowed them higher tariff and total compensation for their Mundra power projects.
Last Updated: Monday, February 24, 2014, 11:15
NTPC shares slumped as much as 11.2 percent, their lowest level since October 27, 2008, but Tata Power and Adani Power surged after the electricity regulator`s ruling on pricing.
Last Updated: Saturday, February 22, 2014, 23:01
In a major relief for Tata Power and Adani Power, electricity regulator CERC has allowed them higher tariff and total compensation worth over Rs 1,100 crore for their Mundra power projects fired by imported coal.
Last Updated: Monday, December 30, 2013, 13:36
This demerger is subject to requisite approvals, the company added.
Last Updated: Sunday, December 22, 2013, 12:41
The ministry had recently issued notices on eight firms, including Adani Power, Jayaswal Neco, for delays in mine development.
Last Updated: Thursday, December 19, 2013, 18:16
While Adani Power has been slapped a notice for failing to develop Lohara West & Lohara Ext (E) coal block, Jayaswal Neco Industries has given the notice for Gare Palma IV/8 coal block, the Ministry said.
Last Updated: Friday, October 25, 2013, 16:05
It had posted net loss of Rs 260.91 crore in the July- September quarter of the previous fiscal, 2012-13, Adani Power said in a regulatory filing to the stock exchanges.
Last Updated: Thursday, August 01, 2013, 15:56
Adani Power on Thursday reported a higher consolidated net loss of Rs 1,198.29 crore in the three months ended June, as the electricity producer was hurt, primarily by rupee depreciation.
Last Updated: Thursday, June 20, 2013, 23:39
The division bench of Chief Justice Bhaskar Bhattacharya and Justice J B Pardiwala also issued notices to the state government and Kutch district collector, seeking replies within two weeks.
Last Updated: Thursday, June 20, 2013, 14:48
Adani Power, a subsidiary of Adani Enterprises, has commissioned the third 660 MW unit of its thermal power plant at Tiroda in Maharashtra.
Last Updated: Tuesday, May 28, 2013, 16:14
The private power producer has raised over Rs 2,542 crore from the issue of shares to these two entities.
Last Updated: Monday, May 06, 2013, 15:39
For the entire 2012-13, the company registered a massive loss of Rs 2,295 crore, as against to a net loss of Rs 294 crore in the previous financial year.
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