The Hindu Business Line : Tuesday, February 19, 2002

Demand for fixed charges by Tanir Bavi power project -- KERC, Govt on collision course
KPTCL, which had estimated the financial outgo for power purchases from TBPCL at the rate of 2.8 cents, subsequently raised it to four cents a unit in the revised application. This effectively means that on an investment of Rs 900 crore, the cumulati ve return would be to the extent of Rs 2,503 crore or a return on equity of at least 65 per cent per annum. More

TIDCO moving into corporate farming
THE Tamil Nadu Government has decided to treat corporate and contract farming as a separate component for focus under wasteland development programme. It has asked the Tamil Nadu Industrial Development Corporation to co-ordinate private sector ... More

Nabard offers more aid for Kerala projects
THE National Bank for Agriculture and Rural Development (Nabard) has offered to extend higher assistance to various projects in Kerala. Apart from agriculture development projects, Nabard will make financial aid available to other projects such ... More

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