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Land for gas pipeline: SC notice to Reliance
The Supreme Court today issued notices to Reliance Gas Transportation and Infrastructure Ltd, and the Ministry of Petroleum and Natural Gas on the appeals moved by more than 50 land owners of Surat, alleging that the Mukesh Ambani-led company had not paid them adequate compensation for acquisition. Their land will be used for laying pipelines to transport gas from the Krishna-Godavari basin to Gujarat.

SFIO probes into Sesa Goa for financial irregularities
The government has ordered the SFIO to probe into mismanagement and financial irregularities in Vedanta Group-owned Sesa Goa and its subsidiary Sesa Industries (SIL), the company said today.

News of the day

Options limited for Madhya Pradesh
Will Madhya Pradesh be isolated on goods and service tax (GST) issue? If highly placed government sources, working the new tax system, are to be believed, the state government will have to follow the trend. “Eventually the state will have to implement the system, we cannot linger on. Other states like Chhattisgarh have also agreed to implement it, Gujarat government has welcomed it, Haryana has accepted it ‘in principle’ except for few points. How Madhya Pradesh can stand out?” asked an official. But the state finance minister has a long list to point out flaws in the new tax system, the main being, “The GST will bring even dal-chawal (rice and pulses) under tax net, which are exempted from VAT.”
Public Company

JSW to set up 10 power plants in Barmer

JSW Energy will set up 10 power plants with a capacity of 1,350 mega watt (Mw) in all, in Rajasthan"s Barmer district. - RIL refuses gas to RNRL saying it cannot consume fuel - Heavy rain in Andhra causes halt for NCL"s power plant - Dabhol starts drawing Reliance gas - HCC ties up with AMEC for nuke technology - L&T can build 3,000-4,000 MW n-power plants per year: CMD - India Cements to set up two power plant of 50 Mw each The project is being implemented by Raj WestPower, a 100 per cent subsidiary of JSW Energy, and would be completed in two phases. "In the first phase, the capacity will be 1,080 Mw comprising 8 units of 135 Mw each, and in the second phase, the capacity will be 270 MWs comprising of 2 units of 135 Mw each," Krishna Deshika, Jt. Group CFO told reporters here. "We expect to commission the entire 1,080 Mw of first phase by October 2010, and the entire 270 Mw of second phase by January 2013," he said, adding, that the 1,080 Mw power plant will use lignite as fuel. "The company has recently commissioned 600 Mw power plants in Vijaynagar in Karnataka...Total power generation of the company is expected to go up to 3140 Mw by April 2011 and 11,390 Mw by September 2015."


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