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Unity Infra PAT rises 22% at Rs 18 cr
Mumbai-based Unity Infrastructure posted a 22 per cent jump in its profit after tax (PAT) at Rs 18.75 crore for the September quarter of financial year 2010 as compared to Rs 15.4 crore it posted in the second quarter of last financial year.

Headley charged with conspiracy in 26/11 attacks in US court
US national of Pakistan-origin David Coleman Headley was today charged in a court here with criminal conspiracy in the Mumbai terror attacks and having links with a retired Pakistani army Major who liaised between him and terror groups, including LeT and HuJI.

News of the day

NHPC-led JV to develop Rs 8,138-cr project
A joint venture led by NHPC, the country’s largest hydel power producer, will develop the 1,500-Mw Tipaimukh hydropower project in the north-eastern state of Manipur.
Public Relations

Govt to invite bids for three UMPPs soon

The qualifying bids for three Ultra Mega Power Projects (UMPPs) in Orissa, Chhattisgarh and Tamil Nadu would be invited by the end of the current fiscal, a senior government official said today. - Govt to assess impact of regulators" actions - Bhuria stresses proper utilisation of Govt funds for tribals - Govt formulates National Solar Mission; set for launch soon - Govt asks SFIO to start prosecution in Satyam case - States skipping GST will lose more revenue: Bhide - Talks on for selloff in 60 CPSUs: disinvestment secy "By the end of this fiscal we would issue RFQs (Requests for Qualifications) for the three UMPPs in Chhattisgarh, Tamil Nadu and Orissa after resolving the issues," Power Finance Corporation (PFC) Chairman and Managing Director Satnam Singh told reporters here. There are problems associated with land acquisition in all the three states. PFC is the nodal agency for the 4,000 UMPP each project. The RFQ for the Akaltara UMPP in Chhattisgarh is most likely to be the first one to go, he said. The government has so far awarded four UMPPs, three of which have been bagged by Anil Dhirubhai Ambani Group company Reliance Power in Madhya Pradesh, Andhra Pradesh and Jharkhand. Tata Power is developing one UMPP at Mundra in Gujarat.


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