Coastal Projects Ltd

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  CBI Charges Hyderabad-Based Company In Over Rs 4,736 Crore Bank Fraud

  The CBI has charged Hyderabad-based Coastal Projects Ltd and its directors in connection with over Rs 4,736 crore bank fraud in a consortium of banks led by the State Bank of India, officials said on Saturday.

• HCC Bags Rs 785-Cr Deal From Northeast Frontier Railway

  Infrastructure major HCC on Tuesday said it has been awarded a contract worth Rs 785 crore by Northeast Frontier Railway in a joint venture with Coastal Projects Ltd.

• Tata Power, Adani Shut Some Units at Mundra: Report

  Some parts of the country might face significant electricity shortages with about 7,000 MW generation capacity getting impacted due to many power plants, including Mundra projects of the Adanis and the Tatas, shutting down some of their units.

• Tata Power appoints Ramesh N Subramanyam as CFO

  Subramanyam, who was CFO and Company Secretary of Coastal Gujarat Power Ltd, the subsidiary that operates the 4,000 MW ultra mega power project at Mundra in Gujarat, took over as the Tata Power CFO yesterday, the company said in a statement.

• Tata Power to benefit from power regulator order: Moody's

  The 4,000 MW Mundra project is being operated by Coastal Gujarat Power Ltd (CGPL), a wholly-owned subsidiary of Tata Power.

• Highly volatile Indonesian coal caused fire at Mundra project: Tata Power

  Tata Power has said the susceptibility of Indonesian coal to spontaneous combustion was the main reason behind last month's fire incident at its 4,000 MW Mundra plant, where operations have been normalised.

• Dubai-based group secures Rs 1,600-crore funding for Tamil Nadu power plant

  Dubai-based Coal & Oil Group has received additional funding worth Rs 1,600 crore for its 1,200-MW project at Tuticorin in Tamil Nadu.

• CERC order on Mundra project likely by December-end: Tata Power

  Tata Power, India's largest private power producer, has said an order by the Central Electricity Regulatory Commission (CERC) for granting compensatory tariff for the company's Mundra project is likely to come up by the end of this month.

• CERC admits Sasan Power's petition seeking tariff revision

  Power sector regulator CERC today admitted a plea of Reliance Power's subsidiary for upward revision of tariff from its under-construction Sasan ultra-mega power project in Madhya Pradesh.