-The Times of India   Lanco, the company accused by Delhi-based Centre for Science and Environment (CSE) of illegitimately cornering contracts worth Rs 13,000 crore under the Jawaharlal Nehru National Solar mission, has objected to the allegations and said "they were not crosschecked with the company and were wrongly perceived".  In a statement made to TOI, A Narasimhan, senior vice-president (corporate communications), said, "Lanco Group has equity participation in few of the companies...

For the Government of India the first phase of the national solar mission has been a grand success. It not only managed to attract industry to invest in the generation of an energy considered costly, but also dramatically drove down the cost of producing this energy. In its celebration, little did the government realise that a major conglomerate had subverted rules to acquire a stake in the solar mission much...

Maharashtra says it could go against existing franchisee norms Power distribution utilities of three States including Maharashtra have objected to the proposed suggestions by a sub-group of the Task Force on Private Participation in the Power Sector of the Planning Commission. They feel the proposals could go against existing franchisee norms in the States and skew the tariff. The sub-group had been pushing for Public-Private-Partnership (PPP) in the distribution of electricity as...

The power position in Bengal improved today but alarm bells are ringing over imported coal stocks that are running out fast. “The stock of imported coal will exhaust by the end of this month,” said Krishna Gupta, the managing director of the West Bengal Power Development Corporation Ltd (WBPDCL), the largest electricity supplier in the state. The corporation had last year imported 1.2 million tonnes of coal from Indonesia. “We will come up...

I never dreamed I’d ever wave the flag for Indian pharmaceutical companies. But some years ago, I discovered that India provides essential drugs to most of the world’s economically deprived nations. Many of the poorest people in India and Africa could not afford basic drugs if it were not for Indian drug companies. Astonishingly, India is known as the ‘pharmacy to the developing world’ and is something of a hero in...