The Hindu Business Line : Wednesday, May 11, 2005

Maharashtra scraps free power scheme for farmers
The Chief Minister said that he was hopeful that the controversial Dabhol power project would be revived by July next year. Maharashtra could get around 700-750 MW with the revival of the first phase of the Dabhol project. More

Alternative payment security model — Lenders finalise norms for funding power projects
WITH over ten major power projects in the pipeline planning to sell their generation to power trading utilities, financial institutions led by SBI, ICICI, IDBI and PFC have drawn out an alternative payment security model with a checklist of ... More

SBI Caps seeks to regain share in IPO market
IN a bid to regain its share in the initial public offering (IPO) market, investment banker SBI Capital Markets has initiated a two-pronged strategy for the current fiscal. It will expand the network of its retail broking outfit and empanel more ... More

GAIL in talks to buy Indonesian LNG for Dabhol
GAIL (India) is in discussions with the Indonesian gas company BPMIGAS for sourcing liquefied natural gas to restart the Dabhol power project. GAIL is trying to buy the 2.3 million tonnes a year spare capacity available at the Bontang LNG ... More

Lok Sabha passes SEZ Bill
THE Lok Sabha today passed the Special Economic Zones Bill, 2005 after adopting an official amendment to drop the Bill's provision in granting flexibility in labour laws by the States in the proposed Central Act. The original Act in any case had ... More

Encore, CSIR roll out `people's computer'
AN 18-month-old public-private partnership venture between Encore Software and the Council for Scientific and Industrial Research (CSIR) has resulted in the launch of "mobile desktops" which would be available in a range starting from "below Rs ... More