Power Sector

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Power Sector - Total results - 72
Rescuing state discoms: UDAY can indeed bring a new dawn; but will states let it rise?
Business

Rescuing state discoms: UDAY can indeed bring a new dawn; but will states let it rise?

It will be interesting to see if state governments go beyond scoring political points and implement UDAY in spirit

Land acquisition delays: Reliance Power terminates 3960 MW Tilaiya project
Business

Land acquisition delays: Reliance Power terminates 3960 MW Tilaiya project

According to an analyst with a leading brokerage house, the move is a big positive for the company

 Power sector total loan from banks at Rs 5.83 lakh cr, says Goyal
Economy

Power sector total loan from banks at Rs 5.83 lakh cr, says Goyal

In a written reply to the Lok Sabha, Power Minister Piyush Goyal said while the RBI does not maintain details of loans received by the approved power projects, however, bank-wise information on loans outstanding to power sector was available.

Reverse auctions for coal: The intention good but ambiguities remain
Economy

Reverse auctions for coal: The intention good but ambiguities remain

Of the 92 mines to be allotted and auctioned in the first lot, 57 would be given to the power sector, and the remaining would be for industries like steel and cement.

JSW Energy, JP Power shares soar on Rs 9700 crore power deal
Corporate

JSW Energy, JP Power shares soar on Rs 9700 crore power deal

Shares of JSW Energy were trading 12.1 percent higher in afternoon trade, while Jaiprakash Power Ventures was up 3 percent after the former agreed to acquire 100 percent stake in Himachal Baspa Power Company from Jaiprakash Power Ventures for a base enterprise value of approximately Rs 9,700 crore.

Give full info on mines by 25 November, govt tells coal block allottees
Economy

Give full info on mines by 25 November, govt tells coal block allottees

The government is now planning to allocate coal blocks through auction by February next.<br />

Govt to issue ordinance for e-auction of coal mines, hints at privatisation of sector
Economy

Govt to issue ordinance for e-auction of coal mines, hints at privatisation of sector

The move comes against the backdrop of the Supreme Court last month quashing allocation of 214 coal blocks to various companies since 1993.

Coal verdict: SBI dumps exposure estimates, sees no big hit even if all blocks cancelled
Economy

Coal verdict: SBI dumps exposure estimates, sees no big hit even if all blocks cancelled

SBI has only around Rs 4,000 crore at risk if all the 218 blocks are cancelled

India Inc keeps fingers crossed as Supreme Court to decide fate of 218 blocks today
Economy

India Inc keeps fingers crossed as Supreme Court to decide fate of 218 blocks today

The government told the court in an affidavit yesterday that it had no objection to the cancellation of the allocations

Goyal meets Modi, Jaitley; discusses bottlenecks in power sector, order on coal blocks
Economy

Goyal meets Modi, Jaitley; discusses bottlenecks in power sector, order on coal blocks

Prime Minister Narendra Modi today met Power and Coal Minister Piyush Goyal to discuss bottlenecks in the power sector and also deliberated on the fallout of the apex court's view on coal block allocation.

Gujarat govt indulged in corruption in power sector: Congress
Politics

Gujarat govt indulged in corruption in power sector: Congress

Congress leader Shankersinh Vaghela accused the BJP-led Gujarat government of indulging in "irregularities to the tune of Rs 6,000 crore in power sector".

 India's power generation capacity doubles to 2.34 lakh MW
India

India's power generation capacity doubles to 2.34 lakh MW

Last week, power secretary Pradeep Kumar Sinha said that the government is confident of adding 1,18,000 MW capacity by 2017.

 Green shoots emerge in power sector: India Ratings
Economy

Green shoots emerge in power sector: India Ratings

The risk of fuel prices is likely to become manageable for utilities after the government allowed them to pass on higher costs of imported coal to customers, India Ratings said.

Electricity tariffs are kept artificially low, says Tata Power
India

Electricity tariffs are kept artificially low, says Tata Power

Country's largest private power producer Tata Power has said that electricity tariffs are "artificially kept low" while acknowledging that the sector is facing challenges across the value chain

Delhi's rotting power sector: Private cos struggle to pay dues as blackouts loom
Economy

Delhi's rotting power sector: Private cos struggle to pay dues as blackouts loom

Singh's government has attempted to fix the financial health of distribution companies with a $32 billion federal bailout package that came with strict riders. But, as a private player, BRPL is not eligible for a slice of the rescue package.

Why Adani's compensation package is a boost for power sector
Business

Why Adani's compensation package is a boost for power sector

The order which allows Adani to increase power tariffs to consumers for its project in Gujarat would set a legal precedent for other companies facing issues of fuel shortage and increased costs.

 Loan to power sector: Scindia meets bankers
Business

Loan to power sector: Scindia meets bankers

The meeting was attended by representatives from PSU banks and lending institutions, including Punjab National Bank, Central Bank, PFC and REC.<br /><br />

Power regulator CERC pitches for South Asian power trading market
Business

Power regulator CERC pitches for South Asian power trading market

India's power sector regulator CERC today suggested establishing a South Asian power trading market to help ease acute electricity shortages facing many nations in the region.