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Power Sector

ZB Exclusive: ''It is essential to reform the policy for power sector,'' says Praveer Sinha, CEO of Tata Power

ZB Exclusive: ''It is essential to reform the policy for power sector,'' says Praveer Sinha, CEO of Tata Power

Sat, Sep 14, 2019

In Zee Business exclusive: CEO & MD of Tata Power Praveer Sinha said that it is essential to reform the policy for the power sector.

Schemes are being rationalised to reduce cost of supply and power: AK Bhalla, Power Secretary

Schemes are being rationalised to reduce cost of supply and power: AK Bhalla, Power Secretary

Tue, Jul 16, 2019

Various reasons like availability of fuel for plants and absence of power purchasing agreement has created stress in the power sector, says AK Bhalla, Union Power Secretary, during an interview with Zee Business.

Budget 2019: Sitharaman gives respite to power sector; UDAY scheme to be improved, new package soon

Budget 2019: Sitharaman gives respite to power sector; UDAY scheme to be improved, new package soon

Fri, Jul 05, 2019

Budget 2019:Tabling her maiden budget in Lok Sabha today, she said the government will come out with new tariff policy for the power sector.

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Many key changes in power sector will be introduced from April

Many key changes in power sector will be introduced from April

Fri, Mar 29, 2019

Many key changes in power sector will be introduced from next financial year. Public power supply will also witness improvement. Watch this video to know more.

Power sector stress: Discoms' outstanding dues to power generators rise 24% to Rs 39,498 cr

Power sector stress: Discoms' outstanding dues to power generators rise 24% to Rs 39,498 cr

Mon, Jan 14, 2019

In October 2017, the discoms' dues to power-producing companies stood at Rs 31,676 crore, the data available on the PRAAPTI (Payment Ratification And Analysis in Power Procurement for Bringing Transparency in Invoicing of Generators) website showed.

Power sector bad loans at Rs 1.75 lakh cr, HC lobs ball into Centre, RBI court

Power sector bad loans at Rs 1.75 lakh cr, HC lobs ball into Centre, RBI court

Tue, Aug 28, 2018

The Allahabad High Court has refused to give interim relief to stressed power companies by staying the February 12 circular of Reserve Bank of India that mandated big-ticket non-performing assets to be referred to National Company Law Tribunal (NCLT) if resolution was not found within 180 days starting March 1, 2018.

Relief for stressed power sector? Centre looks to give helping hand

Relief for stressed power sector? Centre looks to give helping hand

Tue, Aug 28, 2018

In a bid to address stress in the power sector, the central government on Monday issued directives to the Central Electricity Regulatory Commission (CERC) to treat change in domestic duties, levies, cess and taxes by Centre, states and Union territories as "Change in Law'' unless it is specifically negated in the power purchase agreement.

Power sector to drive India's coal imports

Power sector to drive India's coal imports

Tue, Aug 21, 2018

Driven by demand from imported coal-based power plants, coal imports are likely to remain strong till fiscal 2013, said a Crisil report

Banks stare at $38 bn new dud loans from power sector: Report

Banks stare at $38 bn new dud loans from power sector: Report

Wed, Apr 04, 2018

The report is based on the fact that as much as 71 gigawatt (gw) of private sector coal-based projects are facing bankruptcy filings at various NCLTs, implying probable resolution from June 2019 and it expects an average 75 per cent write-off in these loans. Of the USD 178 billion loan, the distribution companies have USD 65 billion, generation companies have USD 77 billion, and transmission firms have a debt burden of USD 36 billion, says the report penned by BofA-ML research analysts Amish Shah and Sriharsh Singh.

ABB realigns global business, to expand traction transformer ops in India

ABB realigns global business, to expand traction transformer ops in India

Tue, Nov 07, 2017

The company will also invest in upgrading its Datong traction transformer facility in China to improve efficiency and meet growing demand, it said.

Power sector may cause further stress for banks

Power sector may cause further stress for banks

Thu, Sep 28, 2017

Demand for power sector is seen tepid for five fiscal years. Analysts expect that stress assets can further arise from this sector and make banks cautious in lending.

Power sector likely to see pick-up in demand post Saubhagya launch, Icra says

Power sector likely to see pick-up in demand post Saubhagya launch, Icra says

Tue, Sep 26, 2017

Prime Minister Narendra Modi on Monday had launched "Saubhagya- Sahaj Bijli Har Ghar Yojna" on the ocassion of birth anniversary of Pandit Deendayal Upadhyaya.

Government close to resolving some bad power loans - Piyush Goyal

Government close to resolving some bad power loans - Piyush Goyal

Mon, Jun 12, 2017

Bad loans in the power sector continue to weigh on India`s banks.

GMR to sell assets, refinance loans to cut debt

GMR to sell assets, refinance loans to cut debt

Fri, Jun 02, 2017

GMR Group today said it is planning to refinance loans and divest assets in road and power sectors to cut debt even as it is looking at investing up to Rs 7,400 crore to expand Delhi and Hyderabad airports.

India Grid IPO opens today; read expert views before investing

India Grid IPO opens today; read expert views before investing

Wed, May 17, 2017

Not keen on revising coal production target, says Piyush Goyal

Not keen on revising coal production target, says Piyush Goyal

Wed, Jan 04, 2017

Coal and Power Minister Piyush Goyal is not keen on revising the coal production target of 1.5 billion tonnes by 2022 despite a Central Electricity Authority (CEA) draft report saying no new fossil fuel-based power plant is required till the said year.

Cabinet may approve coal linkage policy for power sector today

Cabinet may approve coal linkage policy for power sector today

Wed, Jul 20, 2016

The approval will lead to assured coal supply for regulated sectors.

Kudankulam Nuclear Power Plant's Units 4 and 5 general framework to be signed this year

Kudankulam Nuclear Power Plant's Units 4 and 5 general framework to be signed this year

Mon, May 30, 2016

India and Russia had agreed to set up six VVER-1000 type reactors of 1000 MW each at Kudunkulam

Expert analysis on Power Stocks : Share Bazaar

Expert analysis on Power Stocks : Share Bazaar

Tue, Apr 05, 2016

Watch Expert analysis on Power Stocks in our special Share Bazar and stay updated with the latest news and updates of share market and stock exchange.

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