Power Equipment

Float fresh note on import duty: PMO tells power ministry

Principal secretary in the PMO, Pulok Chatterjee, who chaired the meeting today, is understood to have asked power ministry to prepare a fresh Cabinet note.

Duty hike on imports will increase electricity tariffs, say power cos

In a letter to Power Secretary, Association of Power Producers Director General Ashok Khurana has written that fuel availability and pricing concerns, financing difficulties and poor health of distribution utilities have led to an increase in cost of power generation in many cases.

What power producers want from Budget 2012

Issues grappling the power sector are many. So, what is the wishlist of the power sector for Budget 2012. More importantly, can they be fulfilled?

Over-valuing power imports easiest source of black money, says SIT

The Supreme Court-appointed Special Investigation Team (SIT) on black money headed by former judge MB Shah, which has filed a preliminary action taken report to the top court, has reportedly indicated that over-invoicing of power equipment imports is a huge source of black money.<br />

CBI begins inquiry into Adani Group for allegedly giving inflated invoices to public banks

CBI sources said the Adani Group had allegedly taken credit facilities from several public sector banks for equipment for power infrastructure.<br />