Ad Here  
August
September
October
November
December
January
 
 
An inexplicable neglect Robber barons everywhere to the lack of interest on the part of these to focus on original research. This despite the much lower costs of such research in India. The industry which thrived on the protection of a closed economy and the advantage of a vast domestic market, has failed to organise its evolution on healthy lines Dr C Rangarajan returns to Chennai S V Raju – a ‘good’ true liberal The rise and fall of Annamalai University Breaththrough in malaria control Recognition to role of NBFCs.... S Ramanathan – a versatile musician, musicologist Multi-faceted Venkat Like Hinduism: many paths to reach God... Should we change the official year? There was flood of milk. Reason: no milk commissioner! Waning interest in public discussions… Haul over the coal Varuna (rain) in 2015; Vaayu (air) in 2016. Chennai devastated CII projects higher growth… GM Technology at last! Don’t seem to feel the pulse… Gay abandon in pricing Welcome changes that testify to Jayalalithaa’s return to health Paytm karo... The Ports’ Pasha expands into Tamil Nadu Cement prices continue to rise… Shanti and Sadhana through Music A Grand Finale for SN’s MS centenary at the US… For whom the bell tolls? Plummeting profits of PSBs The nuclear option Godspeed, Chief Minister JJ Welcome focus on core competence More heat than light Preserving for the future Shale gas and its shallow future Naidu will soon build a new Hyderabad Online not in line with brick and mortar businesses... Naidu’s return augurs well for Seemandhra Of course, Gujarat is vibrant More Shakthi to Das’ elbow Delhi is distant… IAS invades NDDB... SoA @ 80 Delhi Chalo... Reliance’s TV – 18 ready to launch Tamil News Channel A welcome initiative by the judiciary Convulsions in The Hindu Liberal imports idling indigenous capacities Readers' Mail Infrastructure funding – lessons learnt Muffled voices for merit… Cleaning Ganga – relocate tanneries and install electric crematoria Mersal magnified Tribute GNS - 100: our first subscriber A more liberated TN… TN-leverage strength of BHEL, NLC... Five star activism stalls development activity When the President was rendered homeless… Why land prices zoom in TN? Maximising the micro pricing … A yen for wastage… How Air-India loses customs... All eyes on Sankara Nethralaya Tihar, Puzhal not different from Parappana Agrahara Limit foreign borrowings to hi-tech, export potential projects... ONGC at KG Basin Insurance companies bleeding, yet no decision on increasing FDI limit! Tatas moving out of urea production... Put expensive assets created to use... Fortune for Indian Airlines Kinetic Karnataka Auto components surge… MHC should not return to its old indisciplined ways Wanted: a second airport for Chennai The sea- saw battle continues... A C Muthiah – his munificent bequeaths to science Not just in-laws (and outlaws); they’ve renowned academics at the helm! Chennai and Kolkata miss opportunity to grow as Delhi and Mumbai Editor's Says No Maha Koottani in TN... Tough task taking states together A Grand Finale for SN’s MS centenary at the US… Parliament in paralysis... Editor's Notes Silver Years of Madras Musings Poor representation for Kerala and TN in Cabinet TN – agglomerate land holdings without alienating ownership Adapt Vajpayee dinner diplomacy Pharma – overdose of copying Wise Presidents New IT products of Ramco in the pipeline… Strengthen the base... Come elections, come advertisements... For whom the MIDS bell tolls? Tribute – M V Murugappan Valli, they are more marginalised Banning booze... Gas is the way forward TGS- The king storyteller Welcome thrust on trade in Modi’s foreign visits... Road development slows down Kudos to NDTV... Vibrant Gujarat Rs.1600 crore paper board plant of TNPL L&T: focus on infrastructure and more infrastructure… When online building permits work…. Odisha: spectacular win by Naveen Patnaik Colour-Chem’s colourful KRVS When nations steal growth from one another… Fall in crude prices help in oil sector reform Measuring roof tops in terms of KW/MW Medical costs hit the roof... Mu Sigma – is no more Delhi is distant The power-full Hindujas Demise of a media baron... Modi storms Silicon Valley Lesson from Chandrababu Naidu When small is no larger beautiful.. Solar thermal shines… Remembering Indira Sivasailam... Eternal support for capitalisation of PS banks Build close rapport with business leaders TN accounts for the largest recruits by the IT sector Quality education through the PPP mode Poor quality of university VCs Discoms deserve better… Revive development banks... CSR and CMI: promise of another Srinivasan Ramanujan... West Bengal: mindless malignancy When TN politicians can emulate Kerala's Tatas moving out of urea production... Tax agriculture Noble nonagenarians... Secularism and anti-Hinduism Padma Bhushan for A Ramakrishna The rise and rise of KCP An informal presentation - analytical, forward locking... CRS, a jewel among managers, is no more. Cutting the nose to spite the face The brown list of Venkitaramanan When Ratan Tata visited SRM Telangana in top gear… More Shakti to resource mobilisation... Return to king coal for urea... Tribute – Manikam Ramaswami Diamond jubilee of Egmore Samskrt School R Sridhar steps down as CEO of Shriram Capital Revving up the manufacturing sector Kulandai was a giant Increasing non co-operation of state leaders Air Asia India will set new benchmarks for budget travel Shipping woes of Chennai companies He continues the focus on social amelioration Why this malaise in medical education? Funding the un-funded Computation of GDP – conundrums continue Things happen by accident and not by design... Bihar – Nitish Kumar adopts the Lalu model Streamlining mandatory third party cover Another Indian music maestro at the UN Modi and the lady Focus on quality of power - its only around 170-180V IPL type auction for VCs? Russi Mody – a tribute Shaming of Tamils by Tamil farmers at Delhi A glass full of corruption PPP mode for upgrading Corporation Hospitals IPL - no surprise this scam TELANGANA at last…BUT This scant respect for Law A think tank for Chennai The why of tax incentives Where is Rajaji? The Swadeshi Trump Sweet news for TN sugar mills An enemy’s enemy is a friend Whistle-Stop Tour of Raghuram Rajan TIAM turns a full cycle Polls and promises Alexa – Talking Wikipedia PC’s preference for professionals F C Kohli - his concerns all embracing Adharma of opposition politics Boy, can you beat these? A professional at the helm of IRDA... The few handicaps... Sweeter prospects for sugar The Jan Dhan bonanza Making ‘my Amaravati’... Solar, solar everywhere … Towards speedy justice Small units prefers to remain small... L&T- the specialty of special purpose vehicles Marketing expert Balagopal is no more Engineering seats go abegging Music happens The Gulf aviation boom Which side are you, Montek? Where a state respects its litterateurs… Intellectual of rare qualities Airlines in India: cost and space London, London Narayan The ‘Jayanthi Tax.’ Excel Generators provide the vital back-up Moily’s bold thrust Contrarian cousins Quality silica from Neyveli Bihar elections - the Rajaji formula worked CIPET hqrs to stay at Guindy – for the present? Building loyalty through the stomach Permanent secretariat for TN GIM Roaring Ro-Ro facility Scientists urged to take up farmer-oriented research No engine for this car The balancing act China invests in India Inflation: are we emulating Argentina and Brazil? Nuclear power at the nucleus EVM is tamper-proof EEC at the National Media Centre The star of Spencers is no more The ‘Ayyo-yes’ is no more Align crops to agro climate endowments… More tributes to GR Sri Lanka votes for change Fortune 500 review Welcome GST No mega rail project for Tamil Nadu Rahman at CIC Protest masters... B H Kothari - a tribute WTO Meet: resolved to meet again …and of a popular trade leader Land reclamation from sea appears cheaper! A rich pool of talent not utilised…. Make standards certification mandatory... He saved millions from starvation... A friendly business group Lalu’s envy, India’s pride Delhi returns to BJP A proud Madrasi Tribute – UCAL Selvan… Fuel for thought
 
The power-full Hindujas

Soon after liberalisation of the power sector in the 1990s there was a surge of interest on the part of several large corporates including multinationals, to invest in large additional capacity. Enron hogged the headlines for long on the massive investments it promised on the Dabhol power project. A consortium of German industries led by Siemens evinced interest in setting up a 1500 MW lignite-based power project at Jayamkondam in Tamil Nadu. Hindujas worked on a 1000 MW power plant in Visakhapatnam.

But the policy was not clear. Coal linkages were not established and there were numerous other hurdles from the Centre and the states. The result was the dozens of projects bandied about with great fanfare did not take shape. Hindujas was also among these.

Happily, the Hindujas had persisted with their efforts and have completed the project in Visakhapatnam at a cost of over Rs 7000 crore. Power Minister Piyush Goyal in the NDA government and AP Chief Minister Chandrababu Naidu have been helpful in the Hindujas racing ahead with the completion and in getting the project ready for commissioning in quick time pushing back the indecision and lack of urge on the part of the previous regime.

Sadly, the severe cyclone that devastated Visakhapatnam in October caused some damage to this power plant as well. These have been attended to with speed. The plant is waiting to be inaugurated at the hands of the Prime Minister.

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