1. Coal India plans tariff-based bidding for future contracts
CIL plans a tariff-based bidding mechanism to award all contracts in the future. Coal India is likely to allot fuel supply contracts to state distribution companies that in turn will call tariff-based competitive bids from companies.
2. Tata Power plans to scale up generation capacity to 18,000 MW
Tata Power plans to scale up generation capacity to 18,000 MW, with 20-25 per cent coming from clean and green sources, by 2022. – Positive for Tata Power .
3. BHEL signs 3 strategic MoU’s in Kazakastan
BHEL has signed three strategic MoU’s in Kazakastan during PM Narendra Modi’s visit.
4. Maruti Suzuki launches Nexa branded outlets
Maruti Suzuki launches Nexa branded outlets; company to invest in sales and distribution infrastructure.
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