Adani Power's net loss widens by 82% to Rs 825 crore in Q1; total income declines to Rs 3,959.40 crore
Adani Power's consolidated net loss stood at Rs 452.84 crore in the quarter ended June of the previous fiscal, a BSE filing said
Inflation hits 5 month high, IIP at 7-month low: Why the twin shocks present a tough dilemma to the MPC
In an election year, when growth is on a slippery note, the RBI will face pressure to cut rates. But, if inflation continues to rise, rate hikes will be inevitable
Industrial growth slips to 7-month low of 3.2% in May on sluggish performance of manufacturing and power sectors
Factory output growth measured in terms of the Index of Industrial Production (IIP) was revised down to 4.8 percent in April from previous estimates of 4.9 percent
Retail inflation hits five-month high of 5% in June on costlier fuel, reduces possibility of RBI rate cut in August
The inflation in fuel and light category went up to 7.14 percent as against 5.8 percent in May
Officials of the Maldives state electricity company (STELCO) visited Pakistan last week and signed a Memorandum of Understanding (MoU) for "cooperation in institution-building activities".
RBI made its stand clear at a stakeholders' meeting, called by the ministry to discuss the circular, the implementation of which was stayed for the power sector by Allahabad High Court.
Of the $178 billion (around Rs 11.7 trillion) of debt of the power sector, $53 billion (around Rs 3.5 trillion) are already under stress (primarily to the generation sector)
Tata Power on Friday said it has appointed Praveer Sinha as its new Chief Executive Officer and Managing Director with effect from 1 May, 2018.
Chidambaram dismissed the CAG report on telecom as a 'gross exaggeration' and said it focused on a few cases.
Budget 2018: Jaitley should bring electricity under GST; exclusion has magnified power sector's blues
The govt should impose GST on electricity to allow power companies to claim input credit on coal, equipment, and other business expenses which would aid in lowering the cost of electricity
Narendra Modi’s Rs 16,000 cr power play: A win-win for BJP and the poor but in the hurry, do not create Nagla Fatelas
A significant number of villages such as Nagla Fatela have been classified as electrified but power remains a distant dream for majority of the households in those villages
The power sector accounts for part of the overall problem of NPAs, or bad loans, affecting the Indian banking sector
UDAY does not promise any grants but voluntarily asks the states to take-over 75 percent of the debt of the respective Discoms
Electrification has been done in 6,000 of the 18,500 unelectrified villages and the renewable energy capacity has reached 39.5 Giga Watts, a meeting chaired by Prime Minister Narendra Modi was told.
Unlike having long wish lists for the Budget, the power distribution companies have urged the government to implement existing schemes in letter and spirit to strengthen the electricity sector.
What will the double whammy of the UDAY (Ujwal Discom Assurance Yojana), the central government’s financial turnaround scheme for state power distribution companies, and pay revisions of government employees do to the finances of state governments?
With a score of 61%, Rajasthan is ranked 6th in the list of 32 states
Gross NPAs for banks, including restructured assets, now stand close to 12 percent -- a level seen in 2002-03.
The larger issue is that–in the Indian experience–getting a power line to a village is one thing; ensuring all homes have electricity is quite another.