power

India's power consumption grows nearly 45% in first half of April

India's power consumption grows nearly 45% in first half of April

Power consumption in the first half of April last year (from April 1 to 15, 2020) was recorded at 41.91 BU.

GST should be citizen-friendly, provisional attachment draconian: Supreme Court

GST should be citizen-friendly, provisional attachment draconian: Supreme Court

The Supreme Court on Wednesday said the taxman cannot see all businesses as fraudulent, as it made sharp observations against the manner ...Read More

Power Grid to acquire Jaiprakash Power's 74% stake in transmission JV

Power Grid to acquire Jaiprakash Power's 74% stake in transmission JV

Transmission utility Power Grid Corporation of India Ltd (Powergrid) is set to acquire 74 per cent stake in Jaypee Powergrid Ltd-JV (JPL)...Read More

NTPC inks pact to buy GAIL's 25% stake in Ratnagiri Gas and Power

NTPC inks pact to buy GAIL's 25% stake in Ratnagiri Gas and Power

State-owned NTPC on Tuesday said it has signed a share purchase agreement to buy GAIL's 25.51 per cent stake in Ratnagiri Gas and Power P...Read More

Bihar, Goa, Karnataka, Rajasthan and Uttarakhand undertake partial power sector reforms

Bihar, Goa, Karnataka, Rajasthan and Uttarakhand undertake partial power sector reforms

Reform linked additional borrowing permissions are stimulating reforms in the power sector across the states.As a part of the reform proc...Read More

Govt may give oilfield in lieu of $1.4 bn it has to pay Cairn, save overseas assets

Govt may give oilfield in lieu of $1.4 bn it has to pay Cairn, save overseas assets

Cairn Energy gave India its biggest onland oil discovery but exited the country after it was slapped with a Rs 10,247-crore tax demand us...Read More

Guiding Light: Soft power vs hard power

Guiding Light: Soft power vs hard power

(…continued from last week)The most tragic manifestation of hard power is the way we exploit nature and other creatures on earth. The pri...Read More

Guiding Light: Soft power vs hard power

Guiding Light: Soft power vs hard power

Most of us are aware about the famous dictum that says “Power corrupts man; absolute power corrupts absolutely.” History also is replete ...Read More

PFC to raise Rs 10,000 crore through bonds issue; 1st tranche to open

PFC to raise Rs 10,000 crore through bonds issue; 1st tranche to open

Power Finance Corporation Ltd (PFC), the nation's biggest lender to the power sector, will raise Rs 10,000 crore through bonds in two tra...Read More

BSES Rajdhani, BSES Yamuna asked to clear Rs 1,864 cr dues

BSES Rajdhani, BSES Yamuna asked to clear Rs 1,864 cr dues

Aravali Power Company Pvt Ltd (APCPL), a joint venture of state-owned NPTC, Haryana Power Generation Corp Ltd (HPGCL) and Indraprastha Po...Read More

Investment will not come in unviable power sector, says R K Singh

Investment will not come in unviable power sector, says R K Singh

Power Minister R K Singh on Monday expressed concerns about the sustainability of state-owned loss making discoms saying investments in t...Read More

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

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