DOCSLIB.ORG

Order in Case No. 247 of 2019 Page 1 Before the MAHARASHTRA

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Order in Case No. 247 of 2019 Page 1 Before the MAHARASHTRA Before the MAHARASHTRA ELECTRICITY REGULATORY COMMISSION World Trade Centre, Centre No.1, 13th Floor, Cuffe Parade, Mumbai 400 005 Tel. No. 022 22163964/65/69 Fax. 022 221639761 E-mail: [email protected] Website: www.merc.gov.in Case No. 247 of 2019 Petition filed by Vidarbha Industries Power Ltd. - Generation Business challenging the Termination Notice dated 20 April, 2019 issued by Adani Electricity Mumbai Limited- Distribution Business for termination of Power Purchase Agreement dated 14 August, 2013. Coram I.M. Bohari, Member Mukesh Khullar, Member Vidarbha Industries Power Limited-Generation (VIPL-G) ……..Applicant V/s Adani Electricity Mumbai Limited-Distribution (AEML-D) ………Respondent No.1 Axis Bank Ltd. ……….Respondent No. 2 Appearance: For VIPL-G : Ms. Deepa Chavan ( Counsel ) Shri Venkatesh (Adv.) For AEML-D : Shri Vikram Nankani (Counsel) Shri Ramanuj Kumar (Adv.) For Axis Bank : Shri Sitesh Mukherjee (Adv.) ORDER Date: 16 December, 2019 1. Vidarbha Industries Power Limited- Generation Business (VIPL-G) has filed its Case (Case No. 247 of 2019) dated 30 August, 2019 (Main Petition) under Section 86(1)(f) of Order in Case No. 247 of 2019 Page 1 the Electricity Act 2003 (EA), challenging the legality of the Termination Letter dated 20 April, 2019 (Termination Notice) issued by Adani Electricity Mumbai Limited- Distribution Business (AEML-D) under the Power Purchase Agreement (PPA) dated 14 August 2013 entered into between AEML-D and VIPL-G. VIPL-G has impleaded AEML-D and Axis Bank (one of the Lenders) as Respondents in the matter. 2. On 5 September, 2019, VIPL-G filed an Application (Impleadment Application) seeking impleadment of other Lenders i.e. State Bank of India, Bank of Baroda, Bank of Maharashtra, Oriental Bank of Commerce and Syndicate Bank. Further, on 23 September, 2019, VIPL-G filed another Application (Amendment Application, MA 35 of 2019 in Case No. 247 of 2019) seeking permission to amend the Petition in Case No. 247 of 2019. In the said Amendment Application, VIPL-G has included the details of amendment sought by it and also certain additional grounds for the relief sought in Main Petition. 3. Hearing on Main Petition in the Case No. 247 of 2019 was held on 26 September, 2019. AEML-D sought time to file its response in view of substantial voluminous amendments filed by VIPL-G in the matter. VIPL-G also sought time to file a separate Application confining the grounds for Ad-interim stay sought by it. Same was granted by the Commission. AEML-D was directed to file its reply on VIPL-G’s aforesaid Application. 4. Accordingly, VIPL-G on 27 September, 2019 filed its Interim Application seeking interim relief (Interim Relief Application , MA 36 of 2019 in Case No. 247 of 2019) in the matter. 5. This Interim Relief Application was disposed of by the Commission vide its Order dated 17 October, 2019, inter alia, directing the Parties to maintain the status quo till the Commission decides the Main Petition. For expeditious disposal of the Case No. 247 of 2019 and other Applications therein, all the Parties were directed to complete their pleadings in Main Petition and other applications therein within 15 days. Also, the Commission directed all the Parties to make all efforts/action for protecting the interest of consumers as stipulated below: “ 27. For expeditious disposal of the Case No. 247 of 2019 and other applications therein, all the Parties are directed to complete their pleadings within 15 days. During this status-quo period in the matter, till the Case No. 247 of 2019 is finally taken up by the Commission, the Commission directs the Parties as follows: a) VIPL-G shall take all necessary actions to execute FSA for Unit-1 under SHAKTI Scheme….. Order in Case No. 247 of 2019 Page 2 b) VIPL-G should file its submission demonstrating its readiness to commence its generation of electricity from the Unit-2 on immediate basis independent of any pending claims/litigation. VIPL-G should also include the steps taken for complying with the provisions of Performance Bank Guarantee of Rs 180 Crore as stipulated under the amended PPA approved by the Commission in Order dated 28 September 2018 in Case No. 224 of 2018. c) AEML-D shall be at liberty to continue to procure in the short term its shortfall in power due to non-availability of Butibori power station. d) …..Project Lenders/Axis Bank shall file its preparedness for exercising its rights of substituting the Seller. In addition, Axis Bank can also submit its position as regards financial support to VIPL-G for immediately operationalizing the plant. ” 6. Accordingly, AEML-D submitted status of its compliance on 4 November, 2019 stating that it duly complied with the aforesaid direction issued by the Commission. On 5 November, 2019, the Lenders made their submissions indicating their preparedness for exercising their rights of substituting the Seller and also submitting their inability as regards financial support to VIPL-G for immediately operationalising the plant. 7. On 1 November, 2019, VIPL-G filed another Application (Clarification Application) registered as MA 41 of 2019 in Case No. 247 of 2019, seeking directions to AEML-D in compliance with the Order dated 17 October, 2019 passed by the Commission in M.A. No. 36 of 2019 in Case No. 247 of 2019. Also, on 4 November, 2019, AEML-D filed its submission opposing the VIPL-G’s Application seeking amendment of the main Petition. 8. In the mean-time, on 4 October, 2019, AEML-D filed its replies on the Main Petition and VIPL-G’s Impleadment Application. AEML-D also filed its own Application (AEML- D’s Application) registered as MA 37 of 2019 in Case No. 247 of 2019 seeking deletion of Axis Bank (the Respondent No. 2) from the array of Parties, on the ground of mis- joinder of Parties. 9. At the hearing held on 22 November, 2019, Advocate for AEML-D insisted on disposal of its MA 37 of 2019 before the Main Petition of the VIPL-G was heard. VIPL-G also clarified that it was not pressing its impleadment application. The Advocate for AEML- D confirmed that it was not objecting to VIPL-G’s Amendment Application and stated that VIPL-G may submit a consolidated Amended Main Petition to which AEML-D would reply. The Parties made their extensive arguments on the MA filed by AEML-D seeking deletion of Axis Bank (the Respondent No. 2) from the array of Parties. The written submissions of their arguments were submitted by the Parties thereafter. AEML- D’s Application was dismissed by the Commission vide its Order dated 29 November, 2019 allowing Axis Bank as the necessary responding Party in the Main Petition. In the meantime, VIPL-G filed its Amended Petition on 26 November, 2019. Order in Case No. 247 of 2019 Page 3 The main prayers of VIPL-G in the Amended Petition are as under:- “ a) Admit the present Petition; b) Set aside Termination Letter dated 20.04.2019 and the Procurers Preliminary Default Notice dated 18.01.2019 issued by AEML; c) Declare that the Termination Letter dated 20.04.2019 and the Procurers Preliminary Default Notice dated 18.01.2019 issued by AEML to the VIPL is bad in law and against the clauses of the PPA; (c-1) Declare that Procurers Preliminary Default Notice dated 18.01.2019 issued by AEML to VIPL as bad in law and contrary to the PPA dated 14.08.2013; d) Declare that the PPA dated 14.08.2013 entered between the AEML and VIPL is valid and subsisting; e) Pending the hearing and final disposal of the Petition order / direct the continuation of the transaction under the PPA dated 14.08.2013 entered between the AEML and VIPL; (e-1) pending the hearing and final disposal of this Petition stay the effect, operation and implementation of the Termination Letter dated 20.04.2019 issued by AEML to the VIPL; (e-2) pending the hearing and final disposal of the Petition stay the effect, operation and implementation of the procurer’s preliminary default notice dated 18.01.2019 issued by AEML to the VIPL f) Pending the hearing and final disposal of the Petition restrict and restrain AEML to enter into any other Power Purchase Arrangement and / or Agreement for any long term or medium-term period; (g-1) Pending the hearing and final disposal of the Petition, direct the parties to continue discharge their respective PPA obligations including generation and supply of power by VIPL and payment by AEML towards the same without any set-off. (g-2) Allow the recovery of actual cost of coal by VIPL in respect of Unit 2 in the event VIPL commences the operation of Unit 2. (g-3) Allow the recovery of actual cost of coal by VIPL in respect of Unit 1 pursuant to execution of FSA in respect of Unit 1 in the event VIPL commences the operation of Unit 1. (g-4) Costs of this Petition be provided for.; i. ;” Order in Case No. 247 of 2019 Page 4 10. VIPL-G’s amended Application avers as under : 11.1 The instant Petition has been filed by VIPL-G challenging the legality of the Termination Letter dated 20 April, 2019 issued by AEML-D by which AEML-D has terminated the PPA executed between VIPL-G and AEML-D. AEML-D has issued the Termination Letter in violation of Article 11.1.1, Article 11.2.1 of the PPA, the Memorandum of Undertaking (MoU) dated 29 August, 2018, Letter dated 3 September, 2018 signed between the Parties concerned in the said transaction.
Load more

Recommended publications
  • M/S INDIAN OIL CORPORATION LIMITED
    SUBMISSION OF FORM-1 FOR PROPOSED LPG BOTTLING PLANT AT ADDITIONAL BUTI - BORI MIDC NAGPUR BY M/S INDIAN OIL CORPORATION LTD. SUBMITTED BY M/s INDIAN OIL CORPORATION LIMITED PREPARED BY M/s. ULTRA-TECH ENVIRONMENTAL LABORATORY AND CONSULTANCY (Gazzeted By MoEF) Unit No. 206, 224, 225 Jai Commercial Complex, Eastern Express Highway, Opp Cadbury Factory, Khopat, Thane (West) – 400 061 Tel: 022 2534 2776, Fax: 022 25429650, Email: [email protected] Website: www.ultratech.in Form 1 & ToR for EIA for FORM 1 (I) Basic Information S.No. Item Details 1. Name of the Project/s Proposed LPG Bottling Plant at Additional Buti- Bori MIDC Nagpur, Maharashtra by M/s Indian Oil Corporation Limited 2. S. No. in the schedule 6 (b) 3. Proposed capacity/ area/ length/ Type of Nos Capacity Total tonnage to be handled/ command Vessel Capacity area/ lease area/ number of wells to be Mounded 3 600 MT 1800 MT drilled Bullets The proposed project is located at Plot No:D- 143, Additional Buti-Bori MIDC, Nagpur 4. New/Expansion/Modernization New 5. Existing Capacity/Area etc. Total Plot Area – 16.7 ha (41.5 acres) 6. Category of Project i.e. ‘A’ or ‘B’ 6 (b), “B” 7. Does it attract the general condition? No If yes, please specify. 8. Does it attract the specific condition? No If yes, please specify. 9. Location Plot No:D- 143, Additional Buti-Bori MIDC, Nagpur Location Plan and Google Image are enclosed in Annexure II – Pre- Feasibility Report Plot/Survey/Khasra No Plot No: A–1 Annexure III – Lease Documents from Additional Buti Bori MIDC, Nagpur for 95 years Village Dudha Tehsil Hingna District Nagpur State Maharashtra 10.
    [Show full text]
  • Ecosurvey 2013 Eng.Pdf
    PREFACE ‘Economic Survey of Maharashtra’ is prepared by the Directorate of Economics and Statistics, Planning Department every year for presentation in the Budget Session of the State Legislature. The present publication for the year 2012-13 is the 52nd issue in the series. The information related to various socio-economic sectors of the economy alongwith indicators and trends, wherever available, are also provided for ready reference. 2. In an attempt to use latest available data for this publication, some of the data / estimates used are provisional. 3. This Directorate is thankful to the concerned Departments of Central, State Government and undertakings for providing useful information in time that enabled us to bring out this publication. S. M. Aparajit Director of Economics and Statistics, Government of Maharashtra Mumbai Dated : 19th March, 2013 ECONOMIC SURVEY OF MAHARASHTRA 2012-13 CONTENTS Subject Page No. Overview of the State 1 A. Maharashtra at a Glance 3 B. Maharashtra’s comparison with India 6 1. State Economy 9 2. Population 13 3. State Income 23 4. Prices and Public Distribution System 39 Prices Public Distribution System 5. Public Finance 57 6. Institutional Finance & Capital Market 73 7. Agriculture and Allied Activities 83 Agriculture Irrigation Horticulture Animal Husbandry Dairy Development Fisheries Forests and Social Forestry 8. Industry & Co-operation 111 Industry Co-operation 9. Infrastructure 137 Energy Transport & Communications 10. Social Sector 165 Education Public Health Women & Child Welfare Employment & Poverty Housing Water Supply & Sanitation Environment Conservation Social Justice 11. Human Development 227 Glossary 231 C. Selected Socio-economic indicators of States in India 236 Economic Survey of Maharashtra 2012-13 ANNEXURES Subject Page No.
    [Show full text]
  • Indian Power Sector and Contribution of Maharashtra
    Vol-3 Issue-1 2017 IJARIIE-ISSN(O)-2395-4396 INDIAN POWER SECTOR AND CONTRIBUTION OF MAHARASHTRA Kale M. L1., Mate A. K., Narwade V. B., Vharkate C. B., Rathod N.R. Kale M.L., Lecturer, Mechanical Engg. Department, M.S.Poly, Beed, MH, India Mate A. K., Lecturer, Mechanical Engg. Department, M.S.Poly, Beed, MH, India Narwade V. B., Lecturer, Mechanical Engg. Department, M.S.Poly, Beed, MH, India Vharkate C. B., Lecturer, Mechanical Engg. Department, M.S.Poly, Beed, MH, India Rathod N. R., Lecturer, Mechanical Engg. Department, M.S.Poly, Beed, MH, India ABSTRACT Power Sector in India has grown significantly from independence both in the installed electricity generating capacity and transmission & distribution (T&D) system. The total power generating capacity of (utilities & non utilities) has increased from meager 1362 MW in 1947 to 267 GW at the end of March, 2015. The per capita electricity consumption which was mere 16.3 kWh in1947 has increased to 1010 KW h in 2014-15. With a production of 1,031 TWh. India is the third largest producer and fourth largest consumer of electricity in the world. It has fifth largest installed capacity in the world. Maharashtra plays very vital role in the evolution of the Indian power sector. As of 2012, Maharashtra was the largest power generating state in India, with installed electricity generation capacity with 26,838 MW. The state forms a major constituent of the western grid of India, which now comes under the North, East, West and North Eastern (NEWNE) grids of India. Maharashtra Power Generation Company controls and runs thermal power plants.
    [Show full text]
  • Mahagenco Contact List
    MAHARASHTRA STATE POWER GENERATION COMPANY LTD. Prakashgad, Plot No. G-9, Prof. Anant Kanekar Marg, Bandra (East), Mumbai - 400051 PRAKASHGAD EPBX No. : STD - 022 - 2647 4211, 2647 2131 / DHARAVI EPBX No. : STD - 022 - 2407 7441-46 / HSBC EPBX No. : STD - 022 - 22619100 SR. NAME OF DIRECTORS DESIGNATION TELEPHONE NOS. INTERCOM FAX E-MAIL ID 1. Asheesh Sharma Managing Director (P) 26476231 2040 26471060 [email protected] 26581400 2. C.S. Thotwe Director (Projects) (P) 26476909 2020 26478852 [email protected] 3 V.P. Singh Director (Operations) (P) 26581717 2063 26474190 [email protected] 4. J.K. Srinivasan Director (Finance) (P) 26477272 2065 26472641 [email protected] 5. A.R. Nandanwar Executive Director (O&M-I) (P) 26472426 2070 26472507 [email protected] 6. V.M. Jaideo (Addl. Charge) Executive Director (Projects) (P) 26478121 2075 26581085 [email protected] 7. Executive Director (P) 26474524 2220 26582627 [email protected] (Finance & Commercial) 8. Manoj Ranade Executive Director (HR) (P) 26476757 2217 26479722 [email protected] SR. NAME OF CHIEF ENGINEERS DEPARTMENT TELEPHONE NOS. INTERCOM FAX E-MAIL ID / CHIEF GENERAL MANAGERS 1. A.G. Sonkusale C.E. (Hydro) (P) 22676954 324 22695336 [email protected] (O) 22619100 2. Nitin Chandurkar C.G.M. (Information Technology) (P) 24042154 1301 24043501 [email protected] 3. S.B. Waghmare C.E. (Works) (P) 26476838 2210 26473896 [email protected] 4. S.G. Chaware C.E. (Stores) (P) 26581473 2227 26582627 [email protected] 5. V.S. Patil C.E. (SPGD) Under ED (O&M-I) (P) 26470304 2214 26476518 [email protected] 6. Anand Bhintade C.G.M.
    [Show full text]
  • Annual Report 2012-13 (Abridged)
    Annual Report 2012-13 (Abridged) PDF processed with CutePDF evaluation edition www.CutePDF.com Profile Reliance Power Limited (RPower) is a constituent of the Reliance Group, one of the leading business houses in India. RPower is engaged in the development and construction of one of the largest portfolio of power generation projects in India. RPower presently has 2,545 MW of operational capacity. RPower also has the largest captive coal reserves in the private sector in India, besides owning coal mines in Indonesia. Our projects are diverse in geographic location, fuel source and offtake. RPower strongly believes in clean green power and our projects are / will be using technologies with minimum environment impact. Mission: Excellence in Power Generation l To attain global best practices and become a leading power generating Company. l To achieve excellence in project execution, quality, reliability, safety and operational efficiency. l To relentlessly pursue new opportunities, capitalizing on synergies in the power generation sector. l To consistently enhance our competitiveness and deliver profitable growth. l To practice highest standards of corporate governance and be a financially sound Company. l To be a responsible corporate citizen nurturing human values and concern for society. l To improve the lives of local community in all our projects. l To be a partner in nation building and contribute towards India’s economic growth. l To promote a work culture that fosters learning, individual growth, team spirit and creativity to overcome challenges and attain goals. l To encourage ideas, talent and value systems and become the employer of choice. l To earn the trust and confidence of all stakeholders, exceeding their expectations.
    [Show full text]
  • October 30 the Gener Corporate BSE Limite Phiroze Je Dalal Stree
    Reliance Infrastructure Limited Corporate Office: 3rd floor, north wing Tel: +91 22 3303 1000 Reliance Energy Centre Fax:+91 22 3303 3664 Santa Cruz (East) www.rinfra.com Mumbai 400 055 CIN : L75100MH1929PLC001530 October 30, 2017 The General Manager The Manger Corporate Relationship Department National Stock Exchange of India limited BSE Limited Plaza, 5th Floor, Plot no.C/1, G Block Phiroze Jeejeeboy Towers Bandra Kurla Complex, Bandra (E) Dalal Street, Fort Mumbai 400 051 Mumbai 400 001 NSE Scrip Symbol: RELINFRA BSE Scrip Code: 500390 Dear Sirs, Sub: Filing of Annual Report 2016-17 under Regulation 34 (1) Pursuant to Regulation 34 (1) and all other applicable regulations of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations), we enclose herewith the Annual Report for the financial year 2016-17. Kindly take the same on record and inform your members accordingly. Yours faithfully, For Reliance Infrastructure Limited Ramesh Shenoy Company Secretary Encl. :- Ass above. Annual Report 2016-17 Padma Vibhushan Shri Dhirubhai H. Ambani (28th December, 1932 - 6th July, 2002) Reliance Group - Founder and Visionary Profile Reliance Infrastructure Limited (RInfra), constituent of the Reliance Group was incorporated in 1929 and is one of the largest infrastructure companies, developing projects through various Special Purpose Vehicles (SPVs) in several high growth sectors such as power, roads, metro rail and airport in the infrastructure space and the defence sector. RInfra is also a leading utility company having presence across the value chain of power businesses i.e. generation, transmission, distribution and power trading. RInfra through its SPVs has executed a portfolio of infrastructure projects such as a metro rail project in Mumbai on build, own, operate and transfer (BOOT) basis; eleven road projects with total length of about 1,000 kms on build, operate and transfer (BOT) basis.
    [Show full text]
  • Towards Sustainable Power for Maharashtra Electricity Blueprint
    Towards Sustainable Power for Maharashtra Electricity Blueprint Rupali Ghate – GreenEarth Social Development Consulting Pvt. Ltd. March 2013 l Version 2 - Draft for Approval © Maharashtra NavNirman Sena Table of Contents List of Tables ............................................................................................................................... 3 List of Figures .............................................................................................................................. 6 Abbreviations and Acronyms ...................................................................................................... 8 Units .......................................................................................................................................... 11 Overview ....................................................................................................................................... 12 India Power Scenario ................................................................................................................ 13 Maharashtra Power Scenario ................................................................................................... 30 Problems ....................................................................................................................................... 58 Load shedding ........................................................................................................................... 59 Electricity Tariff and Subsidies .................................................................................................
    [Show full text]
  • Reliance Centre, Near Prabhat Colony, Reliance Off
    Reliance Centre, Near Prabhat Colony, ReliANce Off. Western Express Highway, Santacruz (East), Reliance Power Limited Mumbai - 400055, India CIN: L401 01MH1995PLC084687 Tel: +91 223303 1000 Fax:+91 2233033662 www.reliancepower.co.in September 24 , 2018 The Manager The Asst Vice President Dept. of Corporate Services Listing Department BSE Limited National Stock Exchange of India Ltd Phiroze Jeejeebhoy Towers Exchange Plaza, C-1, Block G Dalal Street Bandra-Kurla Complex, Bandra (East) Mumbai 400 001 Mumbai 400 051 SSE Scrip Code: 532939 NSE Symbol: RPOWER Dear Sirs, Re: Annual Report 2017-18 Pursuant to Regulation 34 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulation, 2015, we are enclosing Annual Report for the financial year ended March 31, 2018, of the Company as required. We hereby confirm that the Annual Report 2017-18 was approved and adopted by the members of the Company with requisite majority at their 24th Annual General Meeting held on Tuesday, September 18, 2018, as per provisions of the Companies Act, 2013. We would request you to take the above on record. Thanking you Yours faithfully, For Reliance Power Limited Murli Manohar Purohit Vice President - Company Secretary & Compliance Officer Encl: as above Registered Office: H Block, 1st Floor, Dhirubhai Ambani Knowledge City, Navi Mumbai 400 710 Power Annual Report 2017-18 Padma Vibhushan Shri Dhirubhai H. Ambani (28th December, 1932 - 6th July, 2002) Reliance Group - Founder and Visionary Profile Reliance Power Limited (RPower) is a constituent of the Reliance Group, one of the leading business houses in India. RPower has developed and constructed a large portfolio of power generation projects and a coal mine in India.
    [Show full text]
  • List of Thermal Power Stations As on 31.03.2020
    Appendix-A LIST OF THERMAL POWER STATIONS AS ON 31.03.2020 Installed Sl. No. Region/State/UT Sector Owner Name of Project Prime Mover Unit No. Year of Comm. Capacity MW 1. Northern Region (NR) 1 Delhi State Sector IPGCL I.P. CCPP GT-Gas 1 30.000 1986 Delhi State Sector IPGCL I.P. CCPP GT-Gas 2 30.000 1986 Delhi State Sector IPGCL I.P. CCPP GT-Gas 3 30.000 1986 Delhi State Sector IPGCL I.P. CCPP GT-Gas 4 30.000 1986 Delhi State Sector IPGCL I.P. CCPP GT-Gas 5 30.000 1986 Delhi State Sector IPGCL I.P. CCPP GT-Gas 6 30.000 1986 Delhi State Sector IPGCL I.P. CCPP ST-Gas 7 30.000 1995 Delhi State Sector IPGCL I.P. CCPP ST-Gas 8 30.000 1995 Delhi State Sector IPGCL I.P. CCPP ST-Gas 9 30.000 1996 2 Delhi State Sector PPCL PRAGATI CCPP GT-Gas 1 104.600 2002 Delhi State Sector PPCL PRAGATI CCPP GT-Gas 2 104.600 2002 Delhi State Sector PPCL PRAGATI CCPP ST-Gas 3 121.200 2003 3 Delhi State Sector PPCL PRAGATI CCGT-III GT-Gas 1 250.000 2010 Delhi State Sector PPCL PRAGATI CCGT-III GT-Gas 2 250.000 2011 Delhi State Sector PPCL PRAGATI CCGT-III ST-Gas 3 250.000 2012 Delhi State Sector PPCL PRAGATI CCGT-III GT-Gas 4 250.000 2012 Delhi State Sector PPCL PRAGATI CCGT-III GT-Gas 5 250.000 2013 Delhi State Sector PPCL PRAGATI CCGT-III ST-Gas 6 250.000 2014 4 Delhi Private Sector TPDDL RITHALA CCPP GT-Gas 1 35.750 2010 Delhi Private Sector TPDDL RITHALA CCPP GT-Gas 2 35.750 2010 Delhi Private Sector TPDDL RITHALA CCPP ST-Gas 3 36.500 2011 Total (Delhi) 2208.400 5 Haryana State Sector HPGCL YAMUNA NAGAR TPS Steam 1 300.000 2007 Haryana State Sector HPGCL YAMUNA NAGAR TPS Steam 2 300.000 2008 6 Haryana State Sector HPGCL RAJIV GANDHI TPS Steam 1 600.000 2010 Haryana State Sector HPGCL RAJIV GANDHI TPS Steam 2 600.000 2010 7 Haryana State Sector HPGCL PANIPAT TPS Steam 6 210.000 2001 Haryana State Sector HPGCL PANIPAT TPS Steam 7 250.000 2004 Haryana State Sector HPGCL PANIPAT TPS Steam 8 250.000 2005 8 Haryana Private Sector JHAJJAR POWER LTD.
    [Show full text]
  • Final Report on 20 Year Perspective Plan for Development of Sustainable Tourism in Maharashtra
    GOVERNMENT OF INDIA MINISTRY OF TOURISM & CULTURE DEPARTMENT OF TOURISM MARKET RESEARCH DIVISION FINAL REPORT ON 20 YEAR PERSPECTIVE PLAN FOR DEVELOPMENT OF SUSTAINABLE TOURISM IN MAHARASHTRA MARCH 2003 ΑΒΧ DALAL MOTT MACDONALD (FORMERLY DALAL CONSULTANTS & ENGINEERS LIMITED) Study Report on Preparation of 20 Years Perspective Plan for Dalal Mott MacDonald Development of Sustainable Tourism in Joint Director General (MR), Department of Tourism Maharashtra Joint Director General (MR), Department of Tourism Ministry of Tourism & Culture C-1, Hutments, Dalhousie Road New Delhi – 110 001 India Study Report on Preparation of 20 Years Perspective Plan for Development of Sustainable Tourism in Maharashtra March 2003 Dalal Consultants & Engineers Limited Sarojini House 6 Bhagwan Dass Road New Delhi 110 001 India Tel: (011)-3389386, 3383521. 1441/Maharashtra/A/18 July 2002 C:\websiteadd\pplan\maharashtra\Vol 1\Executive Summary Final.doc/01 Study Report on Preparation of 20 Years Perspective Plan for Dalal Mott MacDonald Development of Sustainable Tourism in Joint Director General (MR), Department of Tourism Maharashtra Study Report on Preparation of 20 Years Perspective Plan for Development of Sustainable Tourism in Maharashtra ssue and Revision Record Rev Date Originator Checker Approver Description This document has been prepared for the titled project or named part thereof and should not be relied upon or used for any other project without an independent check being carried out as to its suitability and prior written authority of Dalal Consultants and Engineers being obtained. Dalal Consultants and Engineers accepts no responsibility or liability for the consequence of this document being used for a purpose other than the purposes for which it was commissioned.
    [Show full text]
  • Data Collection Survey for Investment Promotion Program in India Final Report
    Data Collection Survey for Investment Promotion Program in India Final Report January 2020 Japan International Corporation Agency (JICA) Nomura Reserch Institute, Co. Ltd. 4R JR 20-002 Data Collection Survey for Investment Promotion Program in India Final Report January 2020 Japan International Corporation Agency (JICA) Nomura Reserch Institute, Co. Ltd. Introduction Under President Narendra Modi, India adopted the “Make in India” policy in September 2014, aiming to create employment in manufacturing for 100 million people, and the “Skill India” policy in July 2015, to provide occupational training and boost the job uptake rate. Through these policies, the government has been encouraging private sector investment by both Indian and foreign companies, in order to promote economic growth and job creation. To achieve the aims of these policies, the Indian government’s Department of Commerce undertook to improve 98 existing items in the government’s business improvement action plan, set out in December 2014, to create a new business improvement action plan covering 340 items. It encouraged each state and regional governments in each area under direct government authority to adopt the plan and has published rankings of progress made by each state every year since October 2015. As a result of this undertaking, protection of the rights of small investors, etc. has been favorably assessed, and in the World Bank’s “Ease of Doing Business” rankings, India moved up from 142nd place among 189 countries in 2015 to 130th place in 2016 and to 100th place in 2017. However, being in 100th place is still far from the government’s goal of getting India into the top 50 in the “Ease of Doing Business” rankings.
    [Show full text]
  • India Daily, September 14, 2016
    INDIA DAILY September 14, 2016 India 12-Sep 1-day 1-mo 3-mo Sensex 28,354 (1.5) 0.7 7.4 Nifty 8,716 (1.7) 0.5 7.5 Contents Global/Regional indices Dow Jones 18,067 (1.4) (2.7) 2.2 Daily Alerts Nasdaq Composite 5,155 (1.1) (1.5) 6.4 Results FTSE 6,666 (0.5) (3.6) 12.5 Coal India: Weak realizations give a shaky start Nikkei 16,627 (0.6) (1.7) 4.8 Hang Seng 23,216 (0.3) 2.0 13.9 Tata Steel: In line; improves across geographies KOSPI 1,999 0.4 (2.5) 1.4 Reliance Power: Distorted earnings Value traded – India Cash (NSE+BSE) 244 250 238 National Aluminium Co.: A weak quarter Derivatives (NSE) 3,885 3,215 2,600 Balkrishna Industries: Recovery gaining ground Deri. open interest 3,010 2,767 2,354 Change in Reco Forex/money market Vedanta: Cairn merger - a done deal; upgrade to ADD from REDUCE Change, basis points Mahindra CIE Automotive: Acquisition of Bill Forge a right fit 12-Sep 1-day 1-mo 3-mo Rs/US$ 67.1 (4) 25 (19) Sector alerts 10yr govt bond, % 7.2 - (2) (56) Banks: Unchanged trends; investment cycle still anemic Net investment (US$ mn) 9-Sep MTD CYTD Insurance: ICICI Prudential Life: High growth, moderate profitability FIIs (51) 289 6,397 Economy alerts MFs (33) (97) 1,428 Top movers Economy: Benign inflation dynamics keep rate cut hopes alive Change, % Best performers 12-Sep 1-day 1-mo 3-mo PNB IN Equity 137.2 (5.3) 11.6 52.6 CBK IN Equity 297.0 (4.6) 16.1 50.6 POWF IN Equity 118.4 (5.2) 6.6 46.2 JPA IN Equity 11.3 (7.0) (0.4) 41.5 VEDL IN Equity 161.3 (5.8) (2.9) 40.6 Worst performers AL IN Equity 83.5 (4.4) (3.7) (20.5) IDEA IN Equity 82.8 (1.0) (11.9) (17.0) TECHM IN Equity 463.9 1.2 (6.0) (12.0) WPRO IN Equity 480.4 (0.1) (11.7) (11.5) INFO IN Equity 1054.0 1.8 (0.8) (10.3) Kotak Institutional Equities Research [email protected] .
    [Show full text]