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Page 48 - Power Sector

Adani Power looks to refinance existing loans to reduce cost of debt

Adani Power expects to reduce its annual interest cost to Rs 1,900 crore through low-cost funding

Adani Power looks to refinance existing loans to reduce cost of debt
Updated On : 14 Dec 2019 | 12:39 AM IST

Tata Power, NTPC, PowerGrid: Are power sector stocks likely to dip further?

Even as Adani Transmission hit new lifetime high on Tuesday, most power sector stocks are showing bearish signs. Here is how they look on the technical charts

Tata Power, NTPC, PowerGrid: Are power sector stocks likely to dip further?
Updated On : 12 Dec 2019 | 11:50 AM IST

Andhra to raise Rs 10,000 cr in loans to meet discoms' payment obligations

APPFCL acts as a nodal agency for raising the funds for the state power utilities either by issuing bonds or by taking loans from banks and financial institutions

Andhra to raise Rs 10,000 cr in loans to meet discoms' payment obligations
Updated On : 11 Dec 2019 | 11:22 PM IST

Amid falling demand, IL&FS power plant in Tamil Nadu an outlier

With the improvement seen in off-take in the last eight months, the plant generated 690 million units of power in November 2019

Amid falling demand, IL&FS power plant in Tamil Nadu an outlier
Updated On : 09 Dec 2019 | 9:58 PM IST

New power sector distribution scheme to have a capital outlay of Rs 2 trn

Multiple power supply franchisees to be part of scheme

New power sector distribution scheme to have a capital outlay of Rs 2 trn
Updated On : 07 Dec 2019 | 2:07 AM IST

REC raises $500 mn via unsecured notes to lend to power sector companies

The settlement date for the notes is expected to be December 12, 2019

REC raises $500 mn via unsecured notes to lend to power sector companies
Updated On : 06 Dec 2019 | 9:05 PM IST

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

Andhra govt blames former CM Chandrababu Naidu for power sector's losses
Updated On : 21 Nov 2019 | 12:07 AM IST

Rs 4,100-crore EPF scam: UP power employees begin 48-hour work boycott

Yogi government warns workers against arson, disrupting power supply

Rs 4,100-crore EPF scam: UP power employees begin 48-hour work boycott
Updated On : 18 Nov 2019 | 4:13 PM IST

Niti's National Energy Policy to be umbrella plan for all energy ministries

National Energy Policy to become guiding policy for half a dozen ministries

Niti's National Energy Policy to be umbrella plan for all energy ministries
Updated On : 18 Nov 2019 | 1:05 AM IST

CESC drops plan to demerge power generation and distribution business

Shashwat Goenka inducted to the board of CESC as its vice-chairman and additional director, subject to the necessary approvals

CESC drops plan to demerge power generation and distribution business
Updated On : 15 Nov 2019 | 1:45 AM IST

CG Power enters into inter-creditor pact, calls off merger with subsidiary

CG Power has asked firms linked to promoter Gautam Thapar to return Rs 3,300 crore

CG Power enters into inter-creditor pact, calls off merger with subsidiary
Updated On : 13 Nov 2019 | 3:06 AM IST

Tata Power arm to set up 10,000 microgrids, help electrify 5 million homes

The TP Renewable Microgrid would be set up in collaboration with Rockefeller Foundation

Tata Power arm to set up 10,000 microgrids, help electrify 5 million homes
Updated On : 04 Nov 2019 | 5:21 PM IST

Govt may bring plan to prevent Rs 1-trn power sector debt from becoming NPA

Government sources said that Power and Petroleum Ministries are in the final leg of drafting the new subsidy scheme

Govt may bring plan to prevent Rs 1-trn power sector debt from becoming NPA
Updated On : 28 Oct 2019 | 11:02 PM IST

Govt's franchise model in power supply will interest private firms: Experts

However, some say the benefits have not been encouraging and full privatisation might be better

Govt's franchise model in power supply will interest private firms: Experts
Updated On : 27 Oct 2019 | 9:30 PM IST

To boost economy, Centre must pave way for tendering: Siemens MD and CEO

Some of the measures taken (by the government) are absolutely the right signals, said Mathur

To boost economy, Centre must pave way for tendering: Siemens MD and CEO
Updated On : 17 Oct 2019 | 8:08 PM IST

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

Centre drafts franchisee model for power supply, urges states to take it up
Updated On : 15 Oct 2019 | 10:52 PM IST

Power sector to save Rs 2,500 cr annually due to corporate tax cut: ICRA

Also, state-owned power generating companies and power transmission companies, would be benefited from the lower tax incidence

Power sector to save Rs 2,500 cr annually due to corporate tax cut: ICRA
Updated On : 30 Sep 2019 | 5:38 PM IST

High Court breather for Andhra Pradesh renewable power companies

Dismisses panel formed to review tariffs for buying power

High Court breather for Andhra Pradesh renewable power companies
Updated On : 25 Sep 2019 | 1:10 AM IST

Govt's decision to cut corporation tax likely to impact power bill

The source of power, renewable or non-renewable, and the nature of the market, regulated or merchant, will be a factor in deciding whether the cost would go down

Govt's decision to cut corporation tax likely to impact power bill
Updated On : 23 Sep 2019 | 10:11 PM IST

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

Rationalise tariffs, don't blame renewable: Power minister to Andhra govt
Updated On : 21 Sep 2019 | 7:23 AM IST