power

GST collection, power consumption show recovery: Ex-RBI chief

GST collection, power consumption show recovery: Ex-RBI chief

Former governor of the Reserve Bank of India (RBI) C Rangarajan on Thursday said the decline in the growth of the economy triggered by CO...Read More

Power shock: UDAY didn't check discom losses, RBI says another bailout needed

Power shock: UDAY didn't check discom losses, RBI says another bailout needed

One of the biggest reforms in the power sector, the Uday or the Ujjwal Discom Assurance Yojana, has failed to nursing the stressed elect...Read More

Fragmented economic recovery underway, more setbacks likely: ICRA

Fragmented economic recovery underway, more setbacks likely: ICRA

The high-frequency lead indicators suggest that a fragmented recovery of the Indian economy is underway, investment information firm ICRA...Read More

More ‘power’ to consumers

More ‘power’ to consumers

The power ministry has prepared draft rules providing for rights of electricity consumers for the first time, an official statement said...Read More

‘DBT for power sector practically impossible’

‘DBT for power sector practically impossible’

The proposed amendment in the Electricity Act 2003 providing subsidy on power to farmers through direct benefit of transfer may not be pr...Read More

L&T's Power Transmission & Distribution Biz bags contracts worth more than Rs 2,500 crore

L&T's Power Transmission & Distribution Biz bags contracts worth more than Rs 2,500 crore

L&T Construction has awarded large contracts to its Power Transmission & Distribution Business. These contracts are worth somewhe...Read More

BHEL sets up 'Make in India Business Development Group'

BHEL sets up 'Make in India Business Development Group'

State-owned engineering major BHEL on Friday said it has created a new vertical 'Make in India (MII) Business Development Group' as part ...Read More

'Ample powers' with Centre yet not making its stand clear on levying interest on deferred loan payments, points SC

'Ample powers' with Centre yet not making its stand clear on levying interest on deferred loan payments, points SC

The Centre is "hiding behind the RBI", the Supreme Court said on Wednesday and asked it to reply within a week on the issue of interest b...Read More

ED raids Bhushan Power and Steel's resolution professional, former director for alleged illegal conduct

ED raids Bhushan Power and Steel's resolution professional, former director for alleged illegal conduct

The Enforcement Directorate on Thursday said it has raided the premises of a resolution professional and a former director of debt-ridden...Read More

Govt may consider selective ban on Chinese equipment in power sector

Govt may consider selective ban on Chinese equipment in power sector

Sources in the government said that already global bidding has been barred for public procurement of upto Rs 200 crore, and more specific...Read More

Centre relaxes working capital norm for discoms to get loan under Rs 90k cr liquidity plan

Centre relaxes working capital norm for discoms to get loan under Rs 90k cr liquidity plan

After the Cabinet meeting, Union Minister Prakash Javadekar in a press conference said, "Power sector has a problem. There is a slump in ...Read More

State discoms owe Rs 101 billion to renewable generators, a rise of 50%

State discoms owe Rs 101 billion to renewable generators, a rise of 50%

Not only in the conventional sector, discoms dues have also risen sharply in the renewable space adding further pressure in the power sec...Read More

Power demand to decline 8% in FY21, discoms' revenue to fall

Power demand to decline 8% in FY21, discoms' revenue to fall

Power demand is expected to decline by around 8 per cent in current fiscal due to the steep fall in demand from commercial and industrial...Read More

Jindal Steel and Power Ltd returns to black

Jindal Steel and Power Ltd returns to black

Jindal Steel and Power Ltd (JSPL) swung into black, posting a consolidated net profit of Rs 267.58 crore for the first quarter ended June...Read More

NMIMS-FPJ: Wind and solar energy: Better to be friends than foes

NMIMS-FPJ: Wind and solar energy: Better to be friends than foes

Coming from the same bloodline of renewables, it becomes much more important for wind and solar to be in each other's company. But more t...Read More

Lab test of imported power gear to avoid cyberattack

Lab test of imported power gear to avoid cyberattack

MumbaiAmid rising chorus for ban on Chinese goods and equipment due to standoff at the borders, the Power Ministry has issued an order sa...Read More

Results: NHPC net profit drops to Rs 239 cr in Q4 2020

Results: NHPC net profit drops to Rs 239 cr in Q4 2020

State-owned hydro power giant NHPC reported over 60 per cent decline in consolidated net profit to Rs 238.64 crore in March quarter, main...Read More

Proposed Electricity (Amendment) Bill 2020 to change power sector, not to takeover over power of states, says RK Singh

Proposed Electricity (Amendment) Bill 2020 to change power sector, not to takeover over power of states, says RK Singh

The central government is not taking away any powers of states but the proposed Electricity (Amendment) Bill 2020 will bring about more t...Read More

NMIMS-FPJ webinar: Tata Power’s Praveer Sinha to talk on challenges and opportunities in power sector

NMIMS-FPJ webinar: Tata Power’s Praveer Sinha to talk on challenges and opportunities in power sector

Economists invariably talk about a correlationship between energy consumption and GDP growth. While these equations are expected to chang...Read More

REC issues USD 500 million notes

REC issues USD 500 million notes

State-run REC has issued USD 500 million notes at the interest rate of 4.75 per cent which is due in 2023, the company said in BSE filing...Read More

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