DEAL DONE, NOW FOR THE DEALS

From steam turbines to high-technology reactors, India’s power sector companies are set to reap a bonanza after the government, last weekend, won backing of the 45-nation Nuclear Suppliers Group to trade in atomic fuel and technology in the global market.

Companies like BHEL, NTPC, Tata Power and Larsen and Toubro are eyeing a raft of high-value contracts and joint ventures, the promise of which fuelled a stock rally on Monday. The Bombay Stock Exchange’s 30-share Sensex rose 461 points, or 3.2 per cent, on the back of a surge in stocks of power and equipment manufacturing companies.

Hindustan Times

Fourteen executives in fray for top PFC job

Fourteen executives from NTPC, BHEL, NHPC and other state-run enterprises are in the race for the top post of Power Finance Corporation, the country's prime lender in power sector which went public early this year. Those in the fray include three Power Finance Corp (PFC) officials believed to be among the front-runners for the post of the company's chairman and managing director, as the present Chief VK Garg retires on July 31 next year.

The Economic Times
http://economictimes.indiatimes.com/News_by_Industry/
Fourteen_executives_in_fray_for_top_PFC_job/
NTPC, BHEL, NHPCarticleshow/2657482.cms