According to power ministry data, India has emerged as a net exporter of electricity this year, while the energy deficit has come down and the energy availability has gone up
Central Electricity Regulatory Commission has proposed keeping a 15.5 per cent return on equity for generator and transmission companies for the five years starting April 1, according to draft tariff
The REC-PFC deal makes little sense
The directive had asked banks to file bankruptcy proceedings against all defaulting loan accounts above Rs 20 billion if a resolution plan was not agreed upon in 180 days
Last year, the Union government announced Sahaj Bijli Har Ghar Yojna (Saubhagya) to speed up electrification of 35 million urban and rural households
Power sector investments would be fuelled by transmission and distribution sectors that would have a share of 36 per cent and 34 per cent respectively.
Sector drew $14.18 billion FDI between April 2000 and June 2018
Political will needed to rationalise tariffs
Notwithstanding reform efforts since the early 1990s, the sector continues to experience difficulties
According to the IEX data, the previous high was recorded at Rs 17 per unit in August 2009
Powermen also up in arms against Electricity (Amendment) Bill, 2014
The decision is the latest in a tussle between power project developers, lenders and the Reserve Bank of India
Plans to go the whole hog into trading through power exchange in a tie-up with ICICI and Bombay Stock Exchange
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 committee does not have a back-up body, except the warring ministries and RBI to provide expert guidance
Officials said they are looking at short-term measures for resolving issues like coal supply and payment by states
A high-level committee under Cabinet Secretary P K Sinha will also come up with a report on power sector woes within two months
When asked about public sector banks requiring more autonomy, Basu said SBI is a well governed bank with a very strong board
Govt should reconsider its stand on power sector defaults
NTPC-DVC combine has been given approval to supply power to the neighbouring country