JSW Energy shelves plan to buy GMR unit

JSW Energy has put on hold its plan to acquire GMR Kamalanga Energy three months after announcing the deal, citing uncertainties in the wake of the Covid-19 pandemic and subsequent lockdown. “We are putting this deal on hold for the time being because there are a lot of uncertainties in the sector,” Prashant Jain, chief […]

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ONGC, NTPC to form joint venture for mega projects

ONGC and NTPC plan to form a joint venture to pursue opportunities in the renewable energy, battery and electric vehicle space. The two state-run energy giants entered into a memorandum of understanding (MoU) on Thursday. “As per the MoU, NTPC and ONGC will explore and set up renewable power assets including offshore wind, in India […]

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MNRE may now hold auctions only for RTC and hybrid projects

Even the all-powerful Pointing has no control about the blind texts it is an almost unorthographic life One day however a small line of blind text by the name of Lorem Ipsum decided to leave for the far World of Grammar. The Big Oxmox advised her not to do so, because there were thousands of bad Commas, wild Question Marks and devious Semikoli, but the Little Blind Text didn’t listen.

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