SUMANSPEAKS June 23, 2026 SumanSpeaks Independent Capital Markets Intelligence · Estd 2006 Legal Intelligence · EPC Sector The Court That Keeps Giving SEPC Ltd (₹6.82) Another Chance to Breathe From a ₹195 crore Singapore arbitration decree to a ₹2 crore salary lifeline — how the Madras High Court became the most interesting character in SEPC's ongoing legal saga, and why the retail investor is watching the wrong plot entirely Indian markets love to price fear. And when a company simultaneously carries a Singapore arbitration award, a CRISIL D rating, and a Madras High Court order on its file, the average retail investor does not pause to read the fine print. He sells first, panic-tweets second, and asks questions never. SEPC Limited (BSE: 513446) has been living in this particular purgatory for over three years — down on bad days, overlooked on good ones, and relent...
Government approves Rs.1.83 trillion infrastructure projects to boost confidence
Buy B F Utilitites Ltd (Rs.127.70), BHEL (Rs.118.20) and L & T (Rs.714)
A cabinet panel cleared 18 power projects at a cost of Rs 83000 crore, Chidambaram told a news conference. Chidambaram emphasised that the government's highest priority is to restart the investment cycle. "Investment cycle has started and we are pushing it further," he said.
As regards the fuel supply agreements (FSA) for the power projects, the Minister said all the FSAs would be signed by September 6. The earlier deadline of signing the FSA was August 31.
Asked about the Food Security Bill, Chidambaram said that the government has provided enough money for it, and despite that will be able to maintain the budget targets on the fiscal front.
The government set up the CCI, headed by Prime Minister Manmohan Singh, to expedite decisions on approvals for implementation of projects.
The stalled projects are initially tracked by a project monitoring group wherein ministries or department concerned discuss issues that are adversely impacting implementation of the identified projects.
A web-based information system has also been put in place wherein entrepreneurs can provide details of their project as well as the issues that are inhibiting smooth implementation.
Based on the discussions, efforts are made to expedite clearances approval and the final decisions or unresolved policy issues and clearances are taken by CCI.
The Minister further said that banks have already disbursed as much as Rs 30,000 crore for the power sector projects and with clearances in place they would provide more funds for these projects.
Courtesy: The Economic Times
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