Page 40 - Power Sector

Power reforms won't electrify the sector

At best, the scheme can be viewed as a one-time measure, while the larger problem of insolvency of discoms remains

Tata group, Adani, CESC may join the race to buy BSES companies

Clouding the valuation will be dues to generation firms and a possible CAG audit

FM Sitharaman announces big-bang package for MSMEs to revive economy

Rs 6-trn stimulus includes Rs 3 trn of collateral-free loans; Rs 30,000-crore special liquidity scheme for NBFCs, HFCs, MFIs

FM announces Rs 90,000 cr liquidity infusion in power distribution sector

PFC, REC to extend one-time loans with riders

Banks to breathe easy as govt's Rs 3.7 trn package brings relief for MSMEs

Wednesday's package also addressed some concerns in power and real estate

Average spot power price dip 25% to Rs 2.42 per unit in April amid lockdown

Besides, the power sales volume at 4,052 million units (MU) last month was down 6.6 per cent as compared to the year-ago period, an IEX statement said.

Pvt power units wants SHAKTI coal auction deferred, cite liquidity crunch

In the earlier two rounds held over the last two years, around 9,389 megawatt (MW) of power capacity bid for the coal under the SHAKTI scheme

Covid-19 crisis: PM Modi reviews aviation, power sectors' performance

Reviewing the power sector, the prime minister underlined its importance in propelling the economy. The need for an effective enforcement of contracts to attract private investment was also discussed.

Global energy demand will fall 6% in 2020: International Energy Agency

The decline is equivalent to losing the entire energy demand of India, the world's third-largest energy consumer

Covid-19 outbreak: For big electrical players, lockdown only a blip

Most of the firms that are dependent on government contracts are looking at a dry pipeline in the near term.

Core sector output shrinks by 6.5% in March amid coronavirus lockdown

March performance is worst in current series

Adani Power Q4 pre-tax loss widens to Rs 1652.6 cr due to high expenses

The company's total income fell to Rs 6,327.57 crore in the quarter from Rs 8,077.89 crore in the year-ago period

Covid-19 impact: Demand, pricing pressures to weigh on Coal India

Costs unlikely to fall; does not bode well for earnings

Cabinet may approve a relief package for power discoms next week: Report

The package may also include steps like directions to the state and central power regulators to reduce electricity traiff, the source sai

Covid-19 lockdown to further paralyse cash flow, coal supply of power units

Sector experts believe the double trouble is likely to stay for the next three quarters and could hurt the supply chain from coal to power despatch.

New Electricity Bill: End to subsidised power, distribution overhauled

On the cards: Private power distribution franchisees, new Electricity Contract Enforcement Authority for resolution of disputes relating of contracts for sale and purchase of power

Bumps ahead

The inherent weaknesses of India's power sector are getting exacerbated in this scenario

Lights out for the power sector? Coronavirus makes a crisis worse

Its pre-pandemic crisis is likely to worsen with the prolonged lockdown unless the government offers some vital concessions

Covid-19: Odisha seeks concessions in coal prices to ease power sector woes

Wants coal companies to discontinue charging any premium or incentive on bridge, flexi or long-term linkage coal being availed for 2020-21 or at least for the next six months

9 pm 9 minutes: Power demand down by 32 Gw, grid remains unscathed

The power grid at national and at regional level did not face any glitch, as was being feared