Page 46 - Shreya Jai/workspace/business Standard Web/undefined

Extended rains hit coal supply to power plants and raise spot prices

Coal companies call this a temporary phenomenon but have expressed their reservations over rake availability

RBI skips meet on stressed power assets; SBI, PNB seek time for resolution

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

Allahabad HC refuses interim relief to power firms from RBI directions

Banks will have to start resolution process for assets whose deadline is over

Funding cloud on Modi govt's solar plan for farmers after FinMin red flag

The Finance Ministry has reportedly asked the Ministry of New and Renewable Energy rework funding plans

Govt's plan to revive hydropower projects in limbo due to lack of funds

Last year, the Centre drafted Rs 160 billion package to revive projects with a capacity of nearly 11,000 Mw

Stressed assets: Govt wants IBC relief for a dozen power projects

The government has asked for an additional 180 days to resolve these stressed assets that have a total capacity of 12,000 Mw

Chinese firms eye smart meters market as govt wants to bring down prices

Domestic meter makers have expressed displeasure over the entry of Chinese companies in the smart meter tender

RBI relief unlikely for stressed power sector; govt to work on reform plan

The Centre is likely to push for debt restructuring and reform schemes to resolve issues plaguing private power producers

Urban power reforms: Slow tenders, unequipped contractors hinder IPDS

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

PFC looks beyond electricity sector, eyes farm, rail and smart cities

Around 80,000 mw of power generation assets, including 14,000 mw of PFC's loan book, are under IBC proceedings

Greenko raises $450 mn, to set up 11 GW integrated renewable projects

Company recently acquired 1 GW projects of Gujarat-based Orange Renewables for $1 bn, making it India's second largest renewable company

Global firms line up for buying Power Finance Corp's stressed assets

Bank of America Merrill Lynch, Edelweiss and JM Financial are some of the financing agencies that may bid for the three stressed power projects

Power NPAs get Allahabad HC relief for a month

The Reserve Bank of India mandated banks to classify even a day's delay in debt servicing as default

PMO calls meet with Power Ministry, leading lenders on stressed assets

The banks are looking at several agencies, including the National Investment and Infrastructure Fund, to share the equity investment with them

One milestone crossed: Govt meets electrification target of 18,000 villages

Centre meets target of 18,000 villages but household metering remains a challenge

Offshore cos based in tax haven countries held majority stake in Siva firms

The CBI in its FIR said that Siva took loans from IDBI bank only not to use it to repay debt for a group firm

Leading players Landis Gyr, Secure Meters and HPL India keep out of bidding

Leading players Landis Gyr, Secure Meters and HPL India, cite regulatory and security concerns in the scheme

EESL acquires UK-based power generator Edina for 55 million euros

Edina is recognised as the market leader in the UK in gas engines, commanding 27% of the market share

Stressed power generations firms face tough insolvency journey in court

While stressed steel assets have seen private equity firms and rival steel companies, such as JSW, ArcelorMittal, Vedanta, and Tata Steel, vying for them, most private players in the power sector are

NSE drops plans to sell 'loss-making' Power Exchange India Limited

Move comes after finalising buyers, trading still remains low