Ministry codify laws on for the industry The government would extend all possible support and remove all impediments in the path of investments in the power sector, assured Minister of State for Power and New & Renewable Energy, Raj Kumar Singh.
Industry creates Rs.320 crore of venture capital fund The Indian energy sector, with an investment potential of US$300 billion, has launched a Start-up programme for developing new business models, marketing plans, technology and innovations.
Non-retail portion over-subscribed by 3.19 times The Indian government is likely to raise Rs.750 crores through disinvestment of 5% of paid-up equity shares of lignite-power company, NLC India Limited (NLCIL), through Offer for Sale (OFS) mechanism.