Turkey tied up a giant agreement with the United Arab Emirates on Thursday for the development of coal fields in southern Turkey to generate electricity and ensure power for the fast-growing econom

Turkey yesterday signed an agreement with the United Arab Emirates for the development of coal fields in southern Turkey to generate electricity.

The police on Wednesday foiled protestors’ attempt to reach near the 9,900-Mw Jaitapur nuclear project site in Ratnagiri district of Maharashtra. Nearly 2,000 activists, who had taken out a protest march against the project, were arrested and shifted to a makeshift jail at one of the schools in the area.

Villagers adjacent to the project site reiterated their demand for the cancellation of the nuclear project citing safety and security risks. On Wednesday’s protest march was supported by the opposition Shiv Sena and Left parties.

The joint venture companies are yet to decide on the quantum of the bond or external commercial borrowings

NPCIL-Nalco Power Company Limited — a joint venture between Nalco and NPCIL (Nuclear Power Corporation of India Ltd) to set up nuclear plants —will raise a term loan of up to Rs 1,500 crore over the next three months to fund the construction of power generation capacities. The joint venture’s board met in Mumbai last week to take stock of the progress of the plant’s construction. B L Bagra, director (finance), Nalco said, “Initially, we are looking for Rs 1,000 to Rs 1,500 crore funding from various banks. We are in talks with the banks and hope to complete the process in the next two-three months.”

Japan's new government said on Friday it hoped to stick to a three year deadline to decide whether to restart all nuclear reactors after safety checks, despite the country's newly formed nuclear re

She also wants entire power from Kudankulam project to be dedicated to Tamil Nadu

Foreseeing a worsening of power crisis, Chief Minister Jayalalithaa on Tuesday wrote to the Prime Minister Manmohan Singh seeking allocation of 2,830 MW of power from Central generating stations to the State as an interim arrangement and dedicate the entire power from the Kudankulam nuclear power project to Tamil Nadu. In her letter to Dr. Manmohan Singh, Ms. Jayalalithaa said the State was going through a severe power crisis of a magnitude unprecedented in recent memory. While the demand was about 12,000 MW, supply was only about 8,000 MW, leaving a gap of 4,000 MW.

With the Centre citing transmission constraints, Tamil Nadu on Tuesday demanded that the entire power generated by Central generating stations totalling 2,830 MW in the state be allocated to it as an interim measure to tide over the power crisis.

Facing a power deficit of 4,000 MW by Tamil Nadu, Chief Minister Jayalalithaa shot off a letter to Prime Minister Manmohan Singh saying she had been requesting for additional allocation but “to our disappointment”, the Centre’s response has been “totally negative.”

Russia has told India that Kudankulam nuclear power plants 3 and 4 would cost “double”, after New Delhi decided that the next two reactors would come under the new civil nuclear liability law, and