Sterlite Power on Friday said it has acquired Beawar Transmission Ltd for developing an electricity transmission project in Rajasthan. Beawar Transmission is a Special Purpose Vehicle (SPV) of REC Power Development and Consultancy Ltd. The SPV was awarded to Sterlite Power through tariff-based competitive bidding in August, a company statement said. "Sterlite Power announces the acquisition of Beawar Transmission Ltd from REC Power Development and Consultancy Ltd, a wholly owned subsidiary of REC Ltd," it said. The company did not share the financial details of the acquisition. Through the Beawar Transmission Ltd, the company will build the Green Energy Corridor project on Build, Own, Operate, Transfer (BOOT) basis, for a period of 35 years, as per the statement. This is Sterlite Power's 19th power transmission project in India acquired through tariff-based competitive bidding, the company said, adding that it now has Rs 12,000 crore worth of projects under management. "Sterlite
More than 62,000 farmers have directly benefited from the scheme introduced by the Ashok Gehlot government four-and-a-half years ago
Himanta Biswa Sarma claims that under Chief Minister Ashok Gehlot Rajasthan is competing for first position in crimes against women during BJP's Parivartan Yatra
Congress leader Sachin Pilot criticises the central government for playing 'hide and seek' with Women's Reservation Bill, says there was already consensus
Four years since its launch, the Rajasthan authorities have managed to enrol less than five per cent of its unorganised workers in the Pradhan Mantri Shram Yogi Maandhan Yojana
The Rajasthan High Court has asked the Ashok Gehlot-led state government to respond to the petition
The state is one of the top producers of mustard, moth beans, bajra, guar, and Isabgol
Uttarakhand Chief Minister Pushkar Singh Dhami on Wednesday dismissed speculation about factionalism within the BJP's Rajasthan unit after veteran leader Vasundhara Raje was left off the party's Parivartan Sankalp Yatra on her home turf. The absence of Raje, a former Rajasthan chief minister and Union minister, from the event in Jhalawar -- which she has represented for 33 years in various capacities -- triggered speculation of a rift within the party. However, Dhami -- who arrived in Kota for the event in Jhalawar -- brushed aside the speculations. He also expressed confidence that the BJP will return to power in Rajasthan, where assembly elections are due later this year. Asked about the Congress' claims of factionalism in the party due to Raje's absence from the programme, Dhami told reporters, "The BJP is the largest party not only in the country but the world. Everyone in the party is working unitedly and the BJP will return to power here (Rajasthan)." Former BJP MLA Heeralal
Union Jal Shakti Minister Gajendra Singh Shekhawat had filed a criminal defamation lawsuit against the chief minister for allegedly claiming Shakawat was involved in the Sanjeevani scam
Gandhi Darshan Museum, signal-free traffic project at the Laxmi Mandir Tiraha, Jhotwara Railway Over Bridge, and Silvan Park among projects to be inaugurated
The election commission has also decided to increase the election expenditure limit for candidates to Rs 40 lakh from Rs 30 lakh
Rajasthan Congress president Govind Singh Dotasra called BJP's Parivartan Yatra in the state a 'fail', is positive Congress will repeat government in the state
BJP leader Kirodi Lal Meena urged Rajasthan's chief minister to take strict action against corruption if he considers himself 'Gandhian'
During a mahapanchayat, the Vaishya community of Rajasthan demanded adequate representation and increasing EWS quota to 15%
The Rashtriya Loktantrik Party (RLP) leader has accused both BJP and Congress for allowing recruitment scam to continue in Rajasthan
The Rajasthan Petroleum Dealers' Association (RPDYA) s demanding the state reduce its tax on fuel to match that of its neighbouring states
The Rs 120 crore projects aims to create a stress-free environment for students to unwind and connect with nature
BJP has suspended the Rajasthan MLA after he publicly called Union Law Minister Arjun Ram Meghwal 'Corrupt number one'
Rajasthan Assembly Speaker C P Joshi inaugurated the Rs 1,442-crore Chambal riverfront project
Rajasthan Petroleum Dealers Association warns state of indefinite strike if government does not reduce taxes on fuel