• Sign Up
  • |
  • Sign In Sign Out
  • |
  • Make us your home
  • |
  • RSS
1 2
1 15
1 35
1 4
1 9
1 13
1 25
1 5015
1 5013
  • Email us at buyorsell@ndtv.com
  • Call us at 011-26201171
  • CALL US AT 011-26201171
  • EMAIL US AT BUYORSELL@NDTV.COM
  • CALL US AT 011-26201171
  • EMAIL US AT BUYORSELL@NDTV.COM
  • OPEN MARKET OPERATIONS OF RBI ARE A PART OF REGULAR LIQUIDITY MANAGEMENT
  • STEEL MINISTRY FORMS COMMITTEE TO RESTRUCTURE PSU'S LIKE MSTC, KIOCL
  • STEEL MINISTRY FORMS COMMITTEE TO RESTRUCTURE PSU'S
  • TO TALK TO PM ON IRON ORE EXPORTS
  • CRUDE FALLS BELOW $60/BBL FOR THE 1ST TIME SINCE MAY ON ECONOMIC JITTERS
  • CIC ISSUED AN ORDER AGAINST SEBI IN THE MATTER ON JUN 26, 2009
  • BHOJ RAJ SAHU ASKED FOR LIST OF SHAREHOLDERS OF ALL DELISTED COS
  • CIC ORDER FAVOURING BHOJ RAJ SAHU ASKED FOR DATA ON DELISTED COS
  • CHALLENGES CENTRAL INFORMATION COMMISSION'S ORDER ON RTI
  • CRUDE FALLS BELOW $60/BBL ON THURSDAY ON ECONOMIC JITTERS
  • SEEKS RS.9000/TN CUT IN STEEL PRICES IN FY'10: NW
  • SENIOR MGMT CHANGES TO HELP IN POSITIONING THE COMPANY IN FUTURE
  • TO LAUNCH 100CC DISCOVER, POSITIONING AS A 'LONG DISTANCE BIKE'
  • TO LAUNCH 100CC DISCOVER, POSITIONING AS A 'LONG DISTANCE BIKE'
  • DISCOVER 100CC NOT TO REPLACE PLATINA 100, NOT AN ENTRY LEVEL BIKE
  • TO LAUNCH 100CC DISCOVER, POSITIONING 100 CC BIKE AS A 'LONG DISTANCE BIKE'
  • SEBI WANTS MIN 26% FREE FLOAT, FM TO GIVE TIME FOR IMPLEMENTATION: SRCS
  • APPOINTS INVST BANKS FOR FUND RAISING EXERCISE, PLANS TO RAISE $400MN: SRCS
  • FUND RAISING LARGELY TO REDUCE DEBT TO RS.7000 - 8000 CR
  • SUZLON PLANS TO RAISE $400MN: SOURCES
  • SUZLON APPOINTS INVESTMENT BANKS FOR FUND RAISING EXERCISE: SOURCES
  • LEAD BANKERS INCLUDE CREDIT SUISSE, CITI & DEUTSCHE BANK: SOURCES
  • SUZLON TO RAISE FUNDS VIA GDR OR QIP ROUTE: SOURCES
  • NEED TO REVAMP SAT WILL BE REVIEWED IN THE MEETING: SOURCES
Updated: 07/08/2008 | 12:14 AM IST
IIT-Roorkee replaces E&Y as consultant for power projects
Raj Kumar Sahu
Thursday, August 07, 2008 (Mumbai)
Comments:
Read (0)

The controversy over Sasan Ultra Mega Power Project (UMPP) refuses to die down and as Lanco lost the race after almost clinching the project, it is now the turn of the official consultants for UMPP, Ernst & Young, whose dubious role in the Sasan UMPP was questioned by the power ministry.

Guess what IIT Roorkee has now been appointed as the consultants for the next three UMPPs in Jharkhand, Orrissa and Maharashtra.

NDTV Profit had reported in April that the government was unhappy with the role played by the consultants E&Y because it failed to point out the discrepancies that led to Lanco's bid being rejected and Reliance being appointed in its place.

Power Ministry sources have told NDTV that E&Y has now been blacklisted by Power Finance Corporation, which is the nodal agency for UMPPs.

The move is expected to send a strong message to consulting majors and also help PFC in speeding up the bidding process of the three UMPPs bringing the government closer to its target of power for all by 2012.

Comments:
Read (0)
Comments
 
Market Watch
         
Graphs
Stocks

                                Moremore
Stock Dashboard
Trading Calls
Ashuu Kakkarr
Ashuu Kakkarr
0.95% status
Current: Rs 799.8
Simi Bhaumik
Simi Bhaumik
0.29% status
Current: Rs 715.15
Stock Recos
The funds raised through preferential allotment of shares will get pumped back into the company so I suggest the investors hold the stock
The stock has support at Rs 75
Buy or Sell
Today's Analyst: Rajesh Jain
Query : Amrit Soni, a BPO executive from Chandigarh, asks if he can buy Infosys in the short term.