Latest News on Power Sector
Showing of 0 - 10 from 61 results
Power Sector - Total results - 61
Dec 26, 2018
Govt to allot 10 coal mines to CIL in 2019, expects higher output to meet fuel demandOf the 85 mines already allotted, 23 have already started production and the Coal ministry expects 20 more mines to begin production in the current financial year ending March 2019
Dec 25, 2018
Electricity meters to be made smart prepaid in three years; move to reduce transmission, distribution lossesManufacturing of smart prepaid meters will also generate skilled employment for the youth.
Nov 19, 2018
RBI board meet today: India can't afford a warring central bank and government; time for clarityThe RBI Board meeting is very important as it will set the ideology in place that will guide the central bank in future
Nov 02, 2018
RBI-govt spat: International Monetary Fund against interference that compromises central bank's independenceThe standoff was in relation to RBI's handling of weak public sector banks, tight liquidity in the market and ways of resolving bad loans in the power sector.
Aug 30, 2018
RBI invited to attend meeting of committee for resolution of stressed power assets: Union minister RK SinghThe RBI's new framework provides that lenders have to provide for resolution plan within 180 days in case of large account of Rs 2,000 crore and above even at the default of a day.
Aug 29, 2018
Govt unlikely to issue directions to RBI on bad loans of power sector, says finance ministry officialRuling out invoking of exceptional powers to issue directions to RBI, a top finance ministry official said on Wednesday that the central bank should take a pragmatic view on resolving stressed assets in the power sector
Aug 28, 2018
Power sector NPAs: Govt and banks may have to float AMC/ARC to resolve crisis, says BofAMLThe BofA-ML analysts estimated the total stressed assets in power sector at $51.6 billion, with banks holding a bulk $36.1 billion and dedicated non-bank lenders like Power Finance Corporation and Rural Electrification Corporation having $15.5 billion
Aug 27, 2018
NPA crisis: RBI sticking to its deadline is fine; it means the days of compromise are over but courts still have final wordThe fact remains that the NPA issue has ballooned over the years and even today one is not sure if all of them have been recognized and provided for.
Aug 10, 2018
Coal import by power sector in Apr-Jun period 14% less than last year, says govtDuring 2017-18, coal imports increased to 208.27 MT due to increase in demand by consuming sectors.
Aug 07, 2018
Adani Power's net loss widens by 82% to Rs 825 crore in Q1; total income declines to Rs 3,959.40 croreAdani Power's consolidated net loss stood at Rs 452.84 crore in the quarter ended June of the previous fiscal, a BSE filing said