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Popular Articles

Natco to release 1 mn Natflu doses by Oct end
Hyderabad-based drug maker Natco Pharma Limited will be releasing into the market over 1 million doses (10 million tablets) of Natflu, its medicine for treatment of swine flu, by the end of next month.

Bajaj: Motoring ahead
Buoyed by the demand for its Discover range of motorcycles, the country’s second largest two-wheeler maker, Bajaj Auto, posted healthy numbers for the second quarter in a row. The company, which had been struggling with weak demand, lack of auto financing and sluggish exports in 2008-09 was able to make a hit out of its Discover 100cc bike boosting revenues and market share in the current year.

News of the day

Kolkata auto part units search for green shoots
The economy might be recovering, but the small and medium (SME) auto parts industry in Kolkata is still looking for the green shoots that would end their struggle to keep their businesses afloat.
Public Relations

Rajasthan govt to buy 1200 MW from Adani Power

Adani Power Rajasthan, a 100 per cent subsidiary of Adani Power (APL), has been awarded letter of intent (LoI) by Rajasthan Rajya Vidhyut Utpadan Nigam (RRVPNL) for purchase of upto 1,200 MW of power on long-term basis. - Powerful, but pricey With this, the total long-term power selling arrangement firmed up by APL comes to 5900 MWs. As may be recalled, APL already has PPA of 2000 MWs with Gujarat Urja Vikas Nigam (GUVNL), 1424 MW with Haryana Utilities and 1320 MW with Maharashtra Utilities through its subsidiary viz. Adani Power Maharashtra (APML). In a matter of distinction of APL to have won all these bids under Case - I competitive bidding. Case - I bids are the ones where the developer takes the full responsibility for project development and commits to supply power through competitive bidding process from the pre-decided date. APL is the only power company in the country with PPAs of nearly 6000 MWs under Case - I bidding. Having won the bid, APL has accomplished one more milestone for its 1320 MW power plant at Kawai in Rajasthan. The project execution has already commenced and 75 per cent of debt is already tied-up.


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