Power Sector

Showing of 21 - 40 from 72 results
Power Sector - Total results - 72
Adani Power's net loss widens by 82% to Rs 825 crore in Q1; total income declines to Rs 3,959.40 crore
Business

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
Business

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
Business

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
Business

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

In snub to India, Maldives' STELCO signs capacity-building agreement in power sector with Pakistan
World

In snub to India, Maldives' STELCO signs capacity-building agreement in power sector with Pakistan

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 to FinMin: 12 February circular gives enough space for resolution of bad loans in power sector
Business

RBI to FinMin: 12 February circular gives enough space for resolution of bad loans in power sector

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.

Banks stare at $38 bn new bad loans from power sector: Bank of America-Merrill Lynch report
Business

Banks stare at $38 bn new bad loans from power sector: Bank of America-Merrill Lynch report

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)

Praveer Sinha appointed CEO and MD of Tata Power, to take charge on 1 May
Business

Praveer Sinha appointed CEO and MD of Tata Power, to take charge on 1 May

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.

NPA issue: Telecom, power sectors have contributed more than anything else, says P Chidambaram
Business

NPA issue: Telecom, power sectors have contributed more than anything else, says P Chidambaram

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
Business

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
Business

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

Some power projects facing NPA issues close to getting resolved, says Piyush Goyal
Business

Some power projects facing NPA issues close to getting resolved, says Piyush Goyal

The power sector accounts for part of the overall problem of NPAs, or bad loans, affecting the Indian banking sector

Financial woes of power distribution cos run deep; it's too early to evaluate Uday
Business

Financial woes of power distribution cos run deep; it's too early to evaluate Uday

UDAY does not promise any grants but voluntarily asks the states to take-over 75 percent of the debt of the respective Discoms

More power to you: Electricity reaches 6,000 villages, PMO claims 'rapid progress'
India

More power to you: Electricity reaches 6,000 villages, PMO claims 'rapid progress'

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.

Budget 2016: No wish-list, implement existing schemes first, says discoms to govt
Business

Budget 2016: No wish-list, implement existing schemes first, says discoms to govt

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.

Why UDAY, 7th Pay Commission are ticking time bombs on states' finances
Business

Why UDAY, 7th Pay Commission are ticking time bombs on states' finances

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?

Vasundhara Raje Scindia: Two years and a lot to cheer about
Business

Vasundhara Raje Scindia: Two years and a lot to cheer about

With a score of 61%, Rajasthan is ranked 6th in the list of 32 states

Bank NPAs a carryover from the past, remain at unacceptable level: Jaitley
Business

Bank NPAs a carryover from the past, remain at unacceptable level: Jaitley

Gross NPAs for banks, including restructured assets, now stand close to 12 percent -- a level seen in 2002-03.

Decoding Modi's 'power' play: 'Electrification' doesn't necessarily mean electricity in homes
India

Decoding Modi's 'power' play: 'Electrification' doesn't necessarily mean electricity in homes

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.