Steelflation!

Steel is the biggest villain in the current war on inflation. Union Finance Minister P. Chidambaram recently stated in Parliament, "Despite fiscal steps taken by us, some sectors like steel continue to exhibit sharp increase More>>

High generation cost impedes CSEB’s biggest hydel project

Chhattisgarh State Electricity Board is optimising the detailed project report for the 500-mw Indira Sarovar hydel power project, the biggest hydropower initiative in the state. CSEB plans to develop the Rs 3,624-crore project in More>>

Coal and Oil Group to set up 2,000 mw plant in Tuticorin

Coastal Energen Pvt. Ltd, the Indian arm of Coal and Oil Group of Dubai, UAE, has announced plans to set up a 2,000-mw power plant in Tuticorin district of Tamil Nadu with an investment of Rs 8,500 crore.
Disclosing this at a More>>