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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.

Tata Motors DVR share sale fetches Rs 349 crore
FIIs like DSP Blackrock, Prudential step in with buys.

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Shri Renuka Sugars acquires Brazilian VDI
Shri Renuka Sugars has acquired "Vale Do Ivai S.A Acucar E Alcool (VDI)", a Brazilian sugar and ethanol production company. The acquisition includes two sugar and ethanol production facilities located in the southern state of Parana with a combined cane crushing capacity of 3.1 mn tonnes per annum. In addition, VDI holds strategic stakes in several logistics assets including terminals for staoarge and loading of sugar and ethanol at the port of Paranagua. Larger part of the sugarcane requirements at VDI are met through its own cultivation of more than 18,000 hectares of land on long lease.
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Water resources department plan ceiling at Rs 2,222 crore

The annual plan ceiling of the water resources department (WRD) for 2010-11 has been fixed at Rs 2222.64 crore. It is the highest among all the departments. - Orissa seeks railways support for industrial, freight corridor - Jharkhand to be included in operations against Naxalites - PC happy with offensive against Naxalites - Mass housing for 1 lakh families - DTH operators brought under entertainment tax net - Jyoti Basu an iconic figure of India, says Naveen Patnaik Out of Rs 10,200 crore outlay approved by chief minister, Naveen Patnaik for 2010-11, the energy department has been given a plan ceiling of Rs 1249.96 crore, followed by the works department with a ceiling of Rs 893.75 crore. School and mass education department has been given a plan ceiling of Rs 881.74 crore followed by Rs 813.55 crore for the women and child development department. While the ceiling is Rs 342.68 crore for agriculture department, the same for steel and mines department is Rs 2.8 crore. The ceiling has been fixed at Rs 154.5 crore for the health and family welfare department and Rs 852.5 crore for the Panchayatiraj department. The plan ceiling is Rs 377 crore for the rural development department, Rs 545.37 crore for the planning and co-ordination department, and Rs 505.61 crore for the scheduled caste and scheduled tribe welfare department. The planning and co-ordination department has asked the departments to send the plan proposals and the tabular information, for preparation of the plan document. This would be sent to the Planning Commission (PC) for approval. After discussion in the working group of PC on the plan document sent by the state government, chief minister Naveen Patnaik will hold discussion with the Planning Commission to finalise the size of the state plan outlay for 2010-11, sources added.


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