
Shreya Jai writes on energy and infrastructure. As the dialogue on economic growth pivots towards sustainability, she channeled her interest in the subject to write for Business Standard on clean energy policies and climate action.
Shreya Jai writes on energy and infrastructure. As the dialogue on economic growth pivots towards sustainability, she channeled her interest in the subject to write for Business Standard on clean energy policies and climate action.
GST paid by project developers can be recovered as a separate element on a 'one-time basis in a time-bound manner'
There are 14,000 Mw of gas-based power units shut, 8,000 Mw running at 40 per cent PLF; 40,000 Mw of private coal-based plants are on verge of sale or insolvency
The Supreme Court on Tuesday directed all cases filed against the Reserve Bank of India's February 12 circular to itself
Coal supply is sketchy, power demand is tepid and no bank is ready to infuse any fresh lending in the conventional power sector
The list includes stranded gas power projects not receiving fuel supply, stuck hydropower projects, and privately-owned operation coal projects
Sources said SBI AND PNB had separately written to the RBI seeking more time for getting consensus of other lenders on a resolution plan for the stressed power assets
REC seeks banks' support for framework to be also used for assets landing in NCLT
Coal companies call this a temporary phenomenon but have expressed their reservations over rake availability
The absence of an RBI representative in the crucial meeting has sent a strong signal that the central bank is in no mood to relax its deadline
Prayagraj was part of the list of half dozen stressed power projects where the resolution had commenced outside the NCLT
Allahabad HC on Monday had denied relief to power sector
Banks will have to start resolution process for assets whose deadline is over
The Finance Ministry has reportedly asked the Ministry of New and Renewable Energy rework funding plans
Last year, the Centre drafted Rs 160 billion package to revive projects with a capacity of nearly 11,000 Mw
The government has asked for an additional 180 days to resolve these stressed assets that have a total capacity of 12,000 Mw
Domestic meter makers have expressed displeasure over the entry of Chinese companies in the smart meter tender
The Centre is likely to push for debt restructuring and reform schemes to resolve issues plaguing private power producers
In the concluding part of Power Reforms series, Business Standard throws light on the real issues delaying its physical progress and overall development of economy of India's 3,630 small towns
Around 80,000 mw of power generation assets, including 14,000 mw of PFC's loan book, are under IBC proceedings
Company recently acquired 1 GW projects of Gujarat-based Orange Renewables for $1 bn, making it India's second largest renewable company