Briefly Business: NTPC to invest Rs 24,000 cr in Andhra power plant

NTPC is looking at an investment of Rs 24,000 crore for constructing a 4,000MW thermal power plant in Andhra Pradesh at Pudimadaka,a company official said

Written by Press Trust Of India | Published: February 27, 2012 1:39 am

NTPC to invest R24,000 cr in Andhra power plant

New Delhi: NTPC is looking at an investment of Rs 24,000 crore for constructing a 4,000MW thermal power plant in Andhra Pradesh at Pudimadaka ,a company official said.

SBI decides to cut interest on education loan

New Delhi: State Bank of India (SBI) has taken in-principle decision to slash interest on education loans by up to 1 percentage point. SBI’s MD & CFO Diwakar Gupta said,“The bank will issue the notification shortly.”

Panel to finalise ONGC stake sale roadmap today

New Delhi: A ministerial panel will meet on Monday to decide on the roadmap for auction of 5 per cent government stake in oil major ONGC that will help raise about Rs 12,000 crore.

Railways is ‘enterprise’,falls under CCI’s ambit: HC

New Delhi: The Delhi High Court has held that the Indian Railways is an ‘enterprise’ and the Competition Commission of India is empowered to hear complaints against it for alleged abuse of its dominant position in goods transport sector.

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