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Andhra govt blames former CM Chandrababu Naidu for power sector's losses

State asks Centre to give subsidized loan to meet Rs 18,000-crore dues

Clean energy project cancellations: Andhra faces global arbitration threat

State govt cancelled clean energy projects in July, citing wrong bidding

PowerGrid's potential InvIT could be less than 20% of targeted size

Proceeds from this would be used to pay higher dividend, depending on the profit recognised on such sale of assets or capital expenditure layout, the company said

Solar manufacturing tender finally receives bids after a dozen extensions

Adani and Azure Power commit double the capacity offered; new entrant Navyug Power submits bid similar to Azure

Economic slowdown, falling industrial demand hurting power consumption

Gujarat saw 1.1% fall in demand, Maharashtra 2.63% in April-September period

Not all state power distribution cos see financial benefit in smart meters

A smart meter has a modem (communication device) and a remote switch by which demand, supply and billing can be monitored and controlled remotely

ReNew Power Transmission eyes double-digit growth, projects worth $20 bn

The Goldman Sachs-promoted firm started its 'New Ventures' division to explore opportunities in energy storage, power transmission, floating solar, and wind-solar hybrid projects

NTPC likely to acquire govt's stake in THDC, Neepco for Rs 8,000 cr

Govt hopes non-tax revenue items, divestment can help it make up for some of tax shortfall in a slowing economy

Suzlon may escape NCLT route as lenders explore debt restructuring

The Centre's latest diktat to public sector banks (PSBs) to avoid the insolvency route would favour the company

Independent Indian directors quit Suzlon Energy; investor hunt continues

Suzlon, India's leading wind turbine manufacturer, defaulted on payment of Rs 1,169 crore ($172 million) due to its foreign currency convertible bond (FCCBs) holders in July

Centre drafts franchisee model for power supply, urges states to take it up

The plan proposes a "light-handed approach" towards franchisees to incentivise, discount and set tariff (within stipulated range) for electricity supply in an area

PTC India Financial Services thermal energy exposure to go below 10%

PFS says it is shifting its focus towards renewable energy (RE), roads and transmission

Hero Future Energies reorganises business to make overseas foray

The move is aimed at exposing HFE Global to better financing avenues in the global market

Automakers may offer incentives to customers for scrapping old vehicles

Govt proposes manufacturers should bear the burden of discounts to push new CVs

Renewables ministry asks FinMin to impose customs duty on solar cells

The renewables ministry wants separate classification for solar PV cells and modules used for clean energy projects and levy duties on their import

Rationalise tariffs, don't blame renewable: Power minister to Andhra govt

This is the second letter in two months by the Union ministry to the Andhra Pradesh government after the state decided to review all the renewable power projects, citing high costs

BHEL, BSNL, Coal India warn of pay cuts after unmet targets, cash crunch

BSNL has moved to impose a penalty recoverable from staff salary in proportion to non-achievement of targets

Drive to install smart meters in every household is off to a slow start

Supply has been lagging, but EESL says earlier kinks in system getting smoothened

Coal likely to remain in short supply until 2024, CIL tells govt

Coal India also said the deficit may widen to 262.4 million tonne in the current financial year, if the Centre brings in more schemes

Renewable firms can take discoms to NCLT: Power ministry to Andhra govt

Renewable power project developers are staring at weak cash flows from their projects in Andhra Pradesh