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HP clears Rs 250-cr Nestle project
Seventeen industrial proposals with a proposed investment of Rs 419 crore have been cleared by the Himachal Pradesh government. They also include a Rs 250-crore Nestle food processing unit.

Corus to drop 11-yr-old badge for Tata identity
The process is expected to begin next summer.

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IEP to invest Rs 100 crore in Gujarat
Private equity player, India Equity Partners (IEP) Fund Advisors Pvt. Ltd. is planning to invest around Rs 100 crore in the industrial water segment in the state of Gujarat. The company is in talks with one of the industrial water services player in Gujarat.
Public Relations

Ratnagiri Gas to begin power generation by March 2010

Ratnagiri Gas and Power Private (RGPPL) or the erstwhile Dabhol power project in Maharastra would start generating 1,900 Mw of electricity by March, 2010. - EGoM reviews Dabhol project operations, revival - Govt to double wind power generation by 2022 - BHEL: Fairly valued - Bajaj Hindusthan to add 400 MW worth Rs 1,600 crore - BHEL, MP Power Gen in pact for thermal project - "Thermal capacities boost power generation in Sept" RGPPL was conceived in the early 1990s with a capacity of 2,200 Mw. It was divided into three phases of 740 Mw each, which the government says would be functional by the month of March next year. "Dabhol project would generate 1,900 Mw by March next year...All the three units would start," Power Secretary H S Brahma told reporters here. At present, the project is running at 700 Mw capacity. NTPC and GAIL India hold 30.17 per cent equity stake each in RGPPL, while Maharashtra State Electricity Board holds 17.89 per cent and the rest is held by public sector financial institutions. The project is also receiving 5.67 mmscmd of gas from Reliance Industries KG basin. RGPPL ran into controversy with US-based GE for recommissioning of the project.


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