The plant has been delivered ahead of the schedule and the entire output will be allotted to the Tamil Nadu state utilities at Rs 5.50 per kilowatt hourOPG Power Ventures has commissioned a new 80 Mw thermal power plant in Chennai. The company in a statement said the Chennai III plant has been synchronised and has become fully operational and the commercial sales have now begun.The power producer has agreed to supply the plant's entire output to the state utilities in Tamil Nadu at Rs 5.50 per kilowatt hour.According to OPG, the Chennai plant has been delivered ahead of the schedule and within the estimated budget. Chennai III is a replica of the two other plants on the site, and the company says the total capacity of the Chennai plant is now 234 Mw.Overall OPG's total operating capacity now stands at 270 Mw and it has a further 472 Mw in advanced construction.OPG is operating and developing power projects in India under the group's captive model with 270 Mw in operation. For the year

OPG Power commissions 80 Mw Chennai thermal unit

Business Standard

Tamil Nadu chief Minister J Jayalalithaa today asked the Centre to rollback the petrol prices. In a statement, she said instead of resorting to frequent hikes in petroleum prices, the Centre should take steps to explore new oil and gas fields and control the falling Rupee.Jayalalithaa also asked the Centre to change the way fuel prices were fixed. It may be noted that petrol prices were hiked by Rs 2.54 per litre on Saturday, the second increase this month, as a falling Rupee made imports costlier."Considering the welfare of the nation, the Centre should take steps to change the way petrol prices are fixed. The government should also explore oil and gas fields in the country and prevent depreciation of the Rupee against the US Dollar," she said.The chief minister said that the increase in petrol price will lead to a further increase in the prices of essential commodities, depreciate the value of the Rupee and erode the Indian economy.On petroleum minister M Veerappa Moily's statement t

Jayalalithaa for rollback of petrol price hike

BS Reporter

Kochi Metro Rail Limited (KMRL) has assigned CDM Smith, a US-based company that provides integrated solutions in environment, energy and transportation, to carry out a detailed survey for the forecast of reduction of carbon emission along the metro alignment from the year 2018 to 2048.The study would give an idea about the probable reduction in the daily use of vehicles due to commencing of metro and how much pollution would come down as a result of this.Â This will help KMRLÂ in earning carbon credits. The scope of workÂ includes study about multimodal integrated approach with buses, boats,Â auto rick-shaws etc and about integrated ticketing linked with metro development.

Kochi Metro assigns consultant for carbon emission reductions

Alarmed by a sharp rise in power consumption in the state, Kerala government is seriously considering clean energy alternatives to overcome widening power deficit in the state.In this regard, minister for Power and Transport Aryadan Mohammed today said, although Kerala generates 28 times more power than it did six decades ago, the sharp rise in consumption is the biggestÂ concern in the energy sector. The number of consumers has increased by a massive 100-fold during this period."At this rate our power deficit will only widen in the future. If we cannot address the issues of energy availability and pricing urgently, we are headed for an even bigger crisis. We have projects with a total capacity of around 700Mw, awaiting environmental clearances. Environment degradation is a genuine concern and we must do all we can to minimise the impact on it. However, it is vital that these energy projects get off the ground if we are to sustain economic development, he added.Addressing the inaugural

Kerala to focus on clean energy to avert power crisis

The Hyderabad-based company's group insurance segment currently contributes Rs 150 crore

Shriram eyes Rs 500 cr from group insurance

Press Trust of India

Subsidy burden could rise to Rs 1,200 crore

Dairies seek extension of milk subsidy to private players

Chief minister Siddaramaiah said there was a deficit in inflows and storage level in reservoirs in state and hence it was not feasible for sharing Cauvery water with Tamil Nadu.Karnataka today asserted it has never violated any Supreme Court order on the Cauvery water sharing issue and rejected the Tamil Nadu's contention that it had committed contempt of court."Karnataka government has not violated the Supreme Court order on Cauvery issue. I have never said that I will not release Cauvery water to Tamil Nadu," Chief Minister Siddaramaiah told repor-ters at Davanagere, some 265 kms from here. Siddaramaiah said there was a deficit in inflows and storage level in reservoirs in Karnataka and hence it was not feasible for sharing Cauvery water with Tamil Nadu."There is hardly any water available in Kabini, Cauvery, Hemavathy and Varahi dams in the state. In this context is it feasible for us to release Cauvery water to Tamil Nadu? We have placed these details before the apex court as well,

State hasn't violated SC order on Cauvery: CM

Move is aimed at check-mating mafia which has been mining sand unchecked from rivers and lakes

State proposes new sand policy

The company intends to utilise the proposed funds to scale up its capacity to 30,000 litre per day, besides setting up dilution-cum-bottling plants in Gujarat and UttarakhandNanoCoat Chemtech, a Hyderabad-based start-up engaged in the research and development (R&D) and commercialisation of nano-materials that are directed towards innovative applications in healhcare, infrastructure and energy sectors, is looking at raising close to Rs 20 crore to fuel its capacity expansion plans.We are planning to raise the funds through a private equity placement. We should be closing the deal in the next financial year, Baskaran A, managing director of NanoCoat, told Business Standard.The nine-month-old company, which had raised its first round of funding from Arun Reddy, an angel investor based out of New York, currently manufactures 10,000 litre of nano-material concentrate per day from a leased facility in Hyderabad.The company intends to utilise the proposed funds to scale up this capacity t

NanoCoat to raise Rs 20 cr to fund capacity expansion

The government has planned to ensure supply of 4 million tonne of chemical fertilisers to the farmers during the ongoing Kharif season

Andhra receives record rainfall

Against the backdrop of the severe drought in several parts of the state prior to this monsoon, Maharashtra Government is preparing a water policy on the lines of the National Water Policy. The National Water Policy (NWP) stipulates that state policies should be drafted/revised in accordance with it, a senior official said. The government has invited comments/ suggestions from various societies working in different sectors, NGOs and other water users for the modification of the present State Water Policy which has been in existence since 2003, he said. NWP was first framed in 1987 and modified in April 2002. It requires that every state formulate its own water policy backed by an action plan. Departments involved in revision of state water policy include Water Resources Department, Water Supply and Sanitation Department, Environmental Department and Maharashtra Water Resources Regulatory Authority (MWRRA).

Maharashtra to have new water policy

The Maharashtra government has issued a circular to all district offices of Child Welfare Committee with suggestions and guidelines on checking sexual and physical abuse of minor inmates in shelter homes.This was informed to the Bombay High Court by Advocate General Darius Khambata earlier this week during hearing of a suo moto PIL on a news report, which highlighted alleged sexual abuse of 35 girl inmates in a Nashik shelter home. The issue came to notice in April after the inmates sent a letter to NGO Childline alleging sexual and physical harassment by a trustee and four other male employees. "A circular has been issued to all district offices of the CWC regarding modalities on how such children shelter homes should be conducted and the role of CWCs. A district- wise committee shall also be formed which will conduct surprise inspection on shelter homes," Khambata said.

Govt issues circular to check abuse of minors at shelter homes

Delhi has had the highest number of swine flu patients this year while Gujarat has seen maximum deaths due to the disease among the states, according to official statistics.According to Health Ministry, a total of 4,811 cases were reported in the country this year till June five with Delhi topping the list with 1,506 cases.Gujarat follows Delhi with 1,027 cases reported during the period followed by Punjab with 845.Though Delhi registered the highest number of cases, the deaths were 16. Gujarat topped in this category with 194 deaths due to swine flu.A total of 597 people have died due to the deadly disease, a senior Health Ministry official said.Rajasthan recorded the highest number of deaths after Gujarat with 162 followed by 83 deaths in Maharashtra.The others states which recorded substantial number of cases included Rajasthan with 845, Haryana 448, Punjab 183 and Madhya Pradesh 103.States like Arunachal Pradesh, Assam, Bihar, Chhattisgarh, Himachal Pradesh, Meghalaya, Manipur, Miz

Delhi has highest swine flu cases, Guj records maximum deaths

The Australian government may seek public opinion once again, if required, before giving environmental clearance to Adani Group's proposal to build a rail line to transport coal from its Carmichael Coal Mine in Queensland to port.The initial public opinion sought for the project was open till June 14 and the proposal is being studied under National Environment Law, said an official of the Australian Department of Sustainability, Environment, Water, Population and Communities (DSEWPC)."The Department is currently looking at the Adani North Galilee Basin rail proposal to see whether it needs to be assessed under national environment law."If it does need approval under national environment law, it will be subjected to a thorough environmental assessment that will include another opportunity for public comment," the spokesperson of DSEWPC said in an emailed response.In a referral of proposed action (an environmental assessment) submitted to the Ministry, Adani said it proposed to build 300

Aus govt may seek public opinion again on Adani rail project

Industry players push for export orders as fall in rupee will help increase margins

Yarn exporters to make most of rupee depreciation

Move aimed at ensuring quality production

Tea Board moots mapping of tea factories

Bihar CM Nitish Kumar takes the tried and tested method speaking in verses to express his feelings

JD(U) signals break-up of 17-year alliance with BJP

Titled as 'The Chennai Residential Real Estate Report', it also said the housing loan market of Chennai was expected to be Rs 800-900 crore, calculated on a monthly basis

Chennai housing demand to be 35,000 units this year

Rourkela Steel Plant (RSP), the only unit of SAIL producing specialised steel, sees better market response for coated pipes

RSP sees better market response for coated pipes

The company recently sold 30,000 tonne pig iron at $390.20 (or Rs 22,400) per tonne at Paradip port

NINL may raise pig iron output to exploit weak rupee

The Odisha government has initiated the process to resume 269 acres of mined out land of Indian Rare Earths Ltd (IREL). This patch of land will be leased out to Gopalpur Ports Ltd (GPL) for expansion.Necessary action may kindly be taken for early resumption of 269 acres of mined out land of IREL which will be leased out to GPL for development of Gopalpur port, D N Padhi, joint secretary (commerce & transport) wrote to Ganjam collector.Officials of GPL could not be reached for comments.The port started its commercial operations last month when 7,500 tonnes of ilmenite, the sand mineral product of Odisha Sands Complex (OSCOM), a unit of the Indian Rare Earths Limited (IREL), was shipped through a small vessel to South Korea.The clearance for the operation of the port from the State Pollution Control Board (SPCB) and customs department was accorded on May 14.The port operation was stopped since 2010 for its upgradation to an all weather port. Before 2010, the port, located at Arjeepal

Odisha to lease out IREL land to Gopalpur port

- Find Specials News, Features, Analysis and more at Business Standard. Business Standard brings in-depth coverage of major events, issues and developments in India

Page 1202 - Specials News