Ad Here  
June
July
August
September
October
November
 
 
Vanakkam Chennaiyin FC Maruti Suzuki wins NIQR award When Marina became the Tahrir Square Outlays and outcome – the long gap Tambaram tracks…. Water wars begin Star studded city Two friends trigger a change The 20-year itch of Hindujas ends Mexico opens Consulate in Chennai Prithika Yashini takes charge... International conference on saving energy, environment Technology handshakes with sanitation India’s first online-only bicycle brand State VAT leads to inflation: a study Yamaha in the news Self-sufficiency in dredging... Chennaites lose 7 crore to debit card frauds Indian of the Year The underground don zips through Realty bytes Medical miracle! The sunshine and the shadow side of this digital era SGRI – a global research centre for building materials A budget that butted into deficit Car-free Bessy K7’s Entrepreneurial Odyssey Raj Bhavan opened the gates for public Know the start-ups in the city Paranjoy on crony capitalism How to roast 45 human beings alive Chennai gets its Imax City Corner - Chennai Need for an integrated approach to medicine Chennai teachers rank low Hawker’s paradise gets a permanent place Talk your way and land in a job I know nothing else but cinema... Ennore Port excels City Corner-June Working space for women by woman Frontier Mediville attracts Japanese investments CMRL takes off till airport A sweet marketing splash by Pattappas Chennai soon to get an Aerospace Park Apollo targets a third of CV tyre market Arnold visits Chennai Engineering colleges lose lustre Colourful welcome at the Saidapet station 377 yet young Safe Trac-keeps track on your safety Keep in touch, anytime anywhere From trash land to tourist spot Read before you buy... Sathyabhamasat propels ahead Water woes Force Motors’ two new SUVs Boozing and driving Is Chennai now the accident capital? TTV stumps all City Corner Coimbatore backs up for Chennai Planning the right energy Technologists to rescue Reality Check Metro chugs the green way Black outs will be knocked out Chevrolet Sail U-VA Launched Online approval of layout plans Chennai Silks in flames 60 years of cultural and economic ties Missing, but not missing the top spot City Corner Aviation sector to grow three times... Chennai airport to become solar-powered A praiseworthy peer recognition Building highs and lows Hey Chitti! please take my order Indian media-operators of democracy Overflowing garbage Yes, you are safe! The sweet killer An industry institution link… Cricket comes calling to Chennai Nilam threatens the city Meters return to the metro It’s so cool! Presto! Bravo! Chennai Metro looking for revival When Chennai became Venice Education a cause of concern A skinny affair Metro mania Metro chugs through the city Book your water tanker The worst is yet to come He made Ranganathan Street so crowded... The sweet tooth of the city India’s first 3D Museum This dabba has a cure for all your ailments Pocket Therapist finds mention in Forbes Perplexing communications Must visit of 2014 Murugappas-focus on consolidation Million landmark and Rs. 200 crore influx by Yamaha Green energy, not really green? When the crowd will miss the roar Google street view’s India competitor It is not only your noodle... Tamil Nadu Premier League launched The auto gets a remake North Chennai booms A feast for book worms The curious case of Evgenii Berdnikov A new technique to treat dry sewage Thrills for the holiday season Doing business is not so easy in Chennai Bewailing monsoons the new fad Kollywood’s Mahabharatha Chennai, the noisiest city Chennai to Bengaluru as quick as pizza delivery
 
The 20-year itch of Hindujas ends
The Hinduja National Power Corporation Ltd (HNPCL) is gearing up to commission the first of the 2x520 MW units in the Visakhapatnam district of Andhra Pradesh. This should be welcome news for the  Seemandhra region, which is presently suffering power shortage. A large portion of capacity of the erstwhile Andhra Pradesh concentrated around Kothagudem- Ramagundam will go for Telengana.
    The Singareni Collieries exploiting the coal belt in that region has been supporting the large power capacity of NTPC and other units.  Hindujas’ foray into power was planned in the 1990s. The group made a serious bid for setting up a 1000 MW unit in Visakhapatnam district in the first flush of enthusiasm after the power sector was  liberalised in the 1990s. But like several other projects that were mooted with great promise like Enron and Jayamkondam, this project was also a non-starter, suffering from coal linkage issues. Power Minister Piyush Goyal has appreciated the importance of this project and cleared the files pending for long.
    The Hindujas have ambitious plans to set up capacity for 10,000 MW with an investment of around $ 10 billion over the next ten years. Meanwhile, Seemandhra Chief Minister Chandrababu Naidu has ambitious plans for massive expansion of power capacity. The Hindujas can leverage this plan of the state to expand capacity in quick time.
Author :
Reported On :
Sector :
Shoulder :
RELATED NEWS
ABOUT IE
IE, the business magazine from south was launched in 1968 and pioneered business journalism in south. Through the 45 years IE has been focusing on well-presented and well-researched articles. When giants in the industry stumbled to keep pace with the digital revolution, IE stayed affixed embracing technology.
Read more
 
PRIVACY POLICY
Economist Communications Ltd is committed to ensuring that your privacy is protected.
Read more
TERMS AND CONDITIONS
You agree that your use of this Website and the purchase of the magazine will be governed by these terms and conditions.
Read more
 
CONTACT US
S-15, Industrial Estate,
Guindy,
Chennai - 600 032.
PHONE: +91 44 22501236
EMAIL: indecom1968@gmail.com