Friday, June 8, 2007

New's Links - 8th June

Lanco-Globeleq, four others extend bid bond validity
http://www.financialexpress.com/fe_full_story.php?content_id=165816

RGPPL mulls buying gas from RIL for Dabhol power plant
http://news.andhrajyothy.com/dotNews/dotNews-readNews.aspx?newsId=6392

MSEB users to pay more
http://www.dnaindia.com/report.asp?NewsID=1100392

Petronet to supply gas to RGPPL
http://www.financialexpress.com/fe_full_story.php?content_id=165620

JBIC loan for Maharashtra power
http://www.thehindubusinessline.com/2007/06/04/stories/2007060401321500.htm
So now the approved interest rate should be 1.3%, right ?

HC dismisses REL's plea over sea link project
http://economictimes.indiatimes.com/News/News_By_Industry/Energy/Oil_Gas/HC_dismisses_RELs_plea_over_sea_link_project/articleshow/2098252.cms
An ADAG bid .. disqualified for not having enough "cash profit" .. Oh boy .. look for a Tariff hike, guys !!

Peak power shortfall is likely to go to 700MW in 2008 and hit 900-1,000MW in 2009
http://www.livemint.com/2007/06/06002050/Supplier-gets-rap-on-knuckles.html
Another article .. sounds like REL propaganda. Also, factually incorrect. It says that Tata generates 2300 MW (actually it is 1777MW) and REL generates 800 MW (actually its 500MW) .. well, so much for responsible journalism ...

Petronet losing $70,000 a day on gas pipeline delay
http://www.moneycontrol.com/india/news/business/petronet-losing-3670000daygas-pipeline-delay/284561

REL, Tata Power all set to end dispute, share site
http://www.livemint.com/2007/06/07002312/REL-Tata-Power-all-set-to-end.html
Methinks that REL being asked to "shift" its Gas power plant .. is not really a slap for REL .. maybe its a blessing in disguise .. they may not have the Gas to power the plant anyway .. looks stage-managed to me ! Also, the reporter makes the same mistake on Tata's and REL's power generation capacity...

Maharashtra may bear extra tariff, discount in VAT for Ratnagiripower
http://www.financialexpress.com/fe_full_story.php?content_id=166378
Sure, go ahead .. burden the consumer .. who else will pay ...

NTPC to infuse Rs 500 cr in Dabhol
http://www.ndtvprofit.com/homepage/storybusinessnew.asp?id=38761&template=&cache=6/7/2007%2011:11:42%20PM
Strange, why two separate Press Releases were made ... see below

GAIL to pump in Rs 500 cr in Dabhol
http://timesofindia.indiatimes.com/Business/India_Business/GAIL_to_pump_in_Rs_500_cr_in_Dabhol/articleshow/2105080.cms
And surprisingly, this one did not mention that NTPC too had put in 500 cr.. see above

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