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GMR achieves financial closure of 1,050 Mw thermal plant
GMR Kamalanga Energy owned by GMR Energy of GMR Group, an infrastructure developer has achieved financial closure for its 1,050 Mw thermal power project being set up at Kamalanga Village, Dhenkanal District in Orissa. http://smallpersonalloans.org.uk

New Act for development and regulation of mines, minerals
A new draft bill to replace the Mines and Minerals Development Regulation Act, 1957, would be placed before the Cabinet soon, a senior government official said here today.

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US body to work with Andhra govt
US consul general Cornelis M Keur on Friday met health minister D Nagender and offered to work together in dealing with H1N1 cases through the Centre for Disease Control (CDC), a US government body working in the state with the Andhra Pradesh State AIDs Control Society.
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NTPC to hire 1,300 people next fiscal

The country"s largest power producer NTPC today said it plans to recruit about 1,300 people in the next fiscal to support the company"s ambitious target of becoming a 50,000-MW company by 2012. - Customs duty cut for brownfield power projects - NTPC appoints consultant for Indonesian mine - Divestment to gain steam from April - 6 of top 10 cos add Rs 24k cr in m-cap; Airtel biggest gainer - Decision on "Maharatna" CPSEs expected soon - NTPC to launch 4,000 Mw plant work by January The company, which hired 1,050 people in the previous financial year (2008-09), has so far added a headcount of 900 and would hike this figure to 1,100 by the end of the fiscal. "Since we are expanding and we want to become a 50,000 MW company by 2012 we need 1,200-1,300 people in the next financial year (2010-11)," Director HR NTPC R C Shrivastava told PTI. "For every 4,000 MW we need around 1,600 people both executive and non-executive," Shrivastava said adding that the 1,300 target is on very conservative side, it may be higher. About 500 people exit the company annually, "Every year 400-500 people retire and we hope that about same amount would retire in the next fiscal and with the addition or operationalisation of new capacities we would need more people," he said. NTPC"s current installed power generation capacity from all sources of energy stands at over 30,000 MW and the company has set a goal of taking this figure to 50,000 MW in the next three years.


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