On August 31, 2017, it had announced its exit agreement with Sembcorp Utilities (Sembcorp) for the balance of its investment in Sembcorp Green Infra Limited (SGI) for Rs 1,410.2 crore
At least six cities and states are either already operating or are in an advance stage of procuring e-buses
In a Q&A, he also says there is need to project that India is not averse to companies making profits
Sembcorp to own 100% stake in SGI; acquisition to be funded via mix of internal funds and borrowings
Move to levy transmission charge to impact DMRC and discourage SAIL, CIL
In a Q&A, he says NBCC has a deal with Air India to develop & monetise its property jointly
According to a report, the fear of insolvency will force all stakeholders to seek remedial measures
The govt has decided to replace the controversial profit model with a revenue-share model
Prasad speaks on how he turned around Shell's lubricant business in India
Says the push towards low carbon energy is intensifying in India
On Feb 10, Rewa Ultra Mega Solar park created history by discovered Rs 3.13 a unit levelised tariff
Absence of one-time gain seen in same period of FY16 at Rs 389 cr also impacted profit margins
Razing of Hall of Nations at Pragati Maidan likened to Bamiyan Buddha demolition in Afghanistan
By imposing restrictions like anti-dumping duty, we have covered 75% of steel industry, says govt
These cities are Puducherry, Visakhapatnam, Udaipur, Jamshedpur and Chandigarh
Bulk procurement of power storage needs to be encouraged
Belief that they've multiplied, with overlapping functions; some will be merged for sectoral synergy
Of the total debt of Rs 8,800 cr, debt to the extent of Rs 2,992 cr has been converted into equity
Backed by state guarantee, to get $6-6.9 bn for K-G gas; development of Ratna fields also approved
Energy rates could fall below coal-based power