Power Sector

Power sector workers to hold nationwide protest on 1 February

According to the statement, National Coordination Committee of Electricity Employees & Engineers (NCCOEEE) has also decided that the core committee leaders will meet the Punjab Governor on 1 February, 2022 and hand over a memorandum to him against the privatisation of Chandigarh UT Power Department

Moody's cuts outlook for Indian power sector due to coronavirus-induced stress

Moody's Investors Service on Friday cut its outlook for the Indian power sector to negative as it expects power demand to drop at least four to five percent in fiscal 2021 due to slowing activity and policy actions amid coronavirus-induced pressure

Power sector stress spreads to new areas, corporate India’s poor Q3 numbers just a trailer; all this and more on Moneycontrol Pro

The Ujwal Discom Assurance Yojana (UDAY), which was launched more than four years ago, has failed to revive the electricity distribution sector to the desired strength.

Delhi Assembly Election 2020: Has the AAP government lived up to its promises on power?

Across Delhi — from those living in small tenements to residents of big bungalows — everyone has benefitted, to some extent, from AAP’s promise to reduce their power bills. Ever since it came to power, for 49 days in 2013 and for five years in 2015, AAP, in its manifesto, had promised and claimed that it had reduced citizens’ electricity dues by 50 percent.

Budget 2020: Govt proposes Rs 22,000-cr outlay for power, renewable energy sector in FY21; consumers can choose service provider soon

Last month, the power ministry asked states to reduce power tariff of consumers having smart metres.

Coal allocation by CIL to power sector under e-auction drops 23% to 16.95 million tonnes in April-November

State-owned Coal India allocated 16.95 million tonnes (MT) of the dry fuel under special forward e-auction to the power sector in the April-November period of this fiscal, down 22.6 percent over the year-ago period

Domestic industry for continuation of anti-dumping duty on certain steel items from 3 countries; Govt starts probe

The Directorate General of Trade Remedies is an arm of the commerce ministry which carries out investigations in case of dumping of goods, a significant increase in imports of a product and increase in imports of subsidised items

Power sector to save Rs 2,500 cr annually after corporate tax cut; supply cost to come down for discoms: ICRA

The corporate tax cut is a positive development for the power sector as it will result in an estimated annual savings of Rs 2,500 crore for the power distribution segment, rating agency ICRA said on Monday

Slowdown has no bearing on power sector, growing at almost 7%: Union Minister RK Singh

Amid a deepening slowdown in the economy, power demand has stood out, growing almost 7 percent on the back of the world's largest new consumer addition programme that has taken electricity to almost every doorstep

Yogi Adityanath set to fly to Russia today for two-day visit; UP CM likely to sign MoU regarding agriculture, power sectors

Uttar Pradesh chief minister Yogi Adityanath is all set to embark on a two-day visit to Russia today.