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Indian Power Sector News - 14 min 30 sec ago
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Categories: Latest News

Suzlon in talks to sell 300 MW of wind power assets - Livemint

Indian Power Sector News - 1 hour 20 min ago

Livemint

Suzlon in talks to sell 300 MW of wind power assets
Livemint
In India, Equis Energy owned 974 MW of wind and solar power assets, developed and under development. Other investors that have taken a bet on the Indian renewable sector include Canadian pension funds Canada Pension Plan Investment Board, ...
Alternate choicesPakistan Today
Solar shines in global shift to renewablesRenewEconomy

all 12 news articles »
Categories: Latest News

At Rs 6.20, power prices in a spot - Economic Times

Indian Power Sector News - 3 hours 37 min ago

Economic Times

At Rs 6.20, power prices in a spot
Economic Times
Rajesh K Mediratta, director, business development at Indian Energy Exchange, said increased demand for power was also aided by less-than-anticipated hydel generation, transmission snags as well as outages of power generation units in North India over ...

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Categories: Latest News

PSPCL gears up to meet bumper demand for power - The Indian Express

Indian Power Sector News - 8 hours 10 min ago

The Indian Express

PSPCL gears up to meet bumper demand for power
The Indian Express
THE PUNJAB State Power Corporation Limited (PSPCL) is expecting a bumper power demand of nearly 12,000 MW from the agriculture sector ahead of the paddy sowing season in mid-June. PSPCL chairman A Venu Prasad told The Indian Express ...

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Categories: Latest News

IOC Working To Steady Indian Oil Imports As US Exits Iran Deal - BloombergQuint

Indian Power Sector News - 10 hours 5 min ago

BloombergQuint

IOC Working To Steady Indian Oil Imports As US Exits Iran Deal
BloombergQuint
First it was stress spreading from known pressure points like the steel and power industries to others like the telecom sector. Then it was the Reserve Bank of India's decision to push large stressed accounts into insolvency. Most recently, a new ...

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Categories: Latest News

India's spot power price rockets to 5-year high of Rs 11.41 per unit - ETEnergyworld.com

Indian Power Sector News - Tue, 22/05/2018 - 7:26pm

ETEnergyworld.com

India's spot power price rockets to 5-year high of Rs 11.41 per unit
ETEnergyworld.com
India's spot power price rockets to 5-year high of Rs 11.41 per unit. Power sector has been witnessing coal shortage since last year, resulting in surge in spot prices to as high as Rs 10.80 per unit in September 2017.PTI | May 22, 2018, 19:23 IST ...

Categories: Latest News

Record $1 Billion Loss Signals `Happy Year' for India's SBI - BloombergQuint

Indian Power Sector News - Tue, 22/05/2018 - 7:25pm

BloombergQuint

Record $1 Billion Loss Signals `Happy Year' for India's SBI
BloombergQuint
(Bloomberg) -- State Bank of India, the country's largest lender by assets, joined its private peers in shrugging off losses as investors believe the lenders have finally got a handle on bad loans. .... Of this, Rs 10,575 crore comes from the power sector.
Q4 Results: SBI Reports Second Consecutive Quarterly LossThe Quint

all 101 news articles »
Categories: Latest News

May Not Sell Air India If Bid Price Is Inadequate, Says Aviation Secretary - BloombergQuint

Indian Power Sector News - Tue, 22/05/2018 - 5:55pm

BloombergQuint

May Not Sell Air India If Bid Price Is Inadequate, Says Aviation Secretary
BloombergQuint
“The government has the right to sell or not to sell Air India if the bid price is found to be inadequate,” Choubey told reporters, even as he expressed confidence that the ailing airline will fetch a good price. While the deadline for submission of ...

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Q4 Results: SBI Reports Second Consecutive Quarterly Loss - The Quint

Indian Power Sector News - Tue, 22/05/2018 - 5:07pm

The Quint

Q4 Results: SBI Reports Second Consecutive Quarterly Loss
The Quint
State Bank of India (SBI), India's largest lending bank, reported losses for its second consecutive quarter. Image used for representational purposes only. ... in the watchlist for the current financial year. Of this, Rs 10,575 crore comes from the ...
Q4 Results: SBI Reports Second Consecutive Quarterly Loss As Provisions RiseBloombergQuint

all 93 news articles »
Categories: Latest News

Podcast | Does hybrid energy policy make sense for India? Find out. - Moneycontrol.com

Indian Power Sector News - Tue, 22/05/2018 - 4:36pm

Moneycontrol.com

Podcast | Does hybrid energy policy make sense for India? Find out.
Moneycontrol.com
If we look at the state of renewable energy in India, the sector had run into rough weather after a strong start, both at the operating level as well as the regulatory level. The poor financials of state electricity boards forced them to default on ...

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Coal-starved captive producers push spot power price to Rs 11.41/unit - Economic Times

Indian Power Sector News - Tue, 22/05/2018 - 3:58pm

Economic Times

Coal-starved captive producers push spot power price to Rs 11.41/unit
Economic Times
"The government is ramping up coal supplies to power plants at the cost of captive power producers. This is one of the main reasons for price touching a peak of Rs 11.41 per unit in day ahead market today at IEX," Indian Captive Power Producers ...

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Q4 Results: SBI Reports Second Consecutive Quarterly Loss As Provisions Rise - BloombergQuint

Indian Power Sector News - Tue, 22/05/2018 - 2:11pm

BloombergQuint

Q4 Results: SBI Reports Second Consecutive Quarterly Loss As Provisions Rise
BloombergQuint
The country's largest lender State Bank of India reported a loss for the second consecutive quarter as provisions for bad loans surged. The public sector bank's loss stood at ... for the current financial year. Of this, Rs 10,575 crore comes from the ...
Q4 Results: SBI Reports Second Consecutive Quarterly LossThe Quint

all 95 news articles »
Categories: Latest News

High oil price: India staring at fuel subsidy burden up to Rs 53000 crore - ETEnergyworld.com

Indian Power Sector News - Tue, 22/05/2018 - 10:52am

ETEnergyworld.com

High oil price: India staring at fuel subsidy burden up to Rs 53000 crore
ETEnergyworld.com
New Delhi: With global crude oil prices hovering at record high levels, India is staring at a ballooning of fuel subsidies up to Rs 53,000 crore in the current financial year ending March 2019. State-owned Oil and Natural Gas Corp (ONGC) and Oil India ...

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Categories: Latest News

indian economy: India to achieve 9 per cent growth rate by 2022: Niti ... - ETEnergyworld.com

Indian Power Sector News - Tue, 22/05/2018 - 8:15am

ETEnergyworld.com

indian economy: India to achieve 9 per cent growth rate by 2022: Niti ...
ETEnergyworld.com
New Delhi: NITI Aayog vice-chairman Rajiv Kumar today exuded confidence that Indian economy will achieve 9 per cent growth rate on sustained basis by 2022 ...

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Categories: Latest News

Captive plants cry foul over govt decision to boost supplies to power producers - ETEnergyworld.com

Indian Power Sector News - Tue, 22/05/2018 - 7:40am

ETEnergyworld.com

Captive plants cry foul over govt decision to boost supplies to power producers
ETEnergyworld.com
The Indian Captive Power Producers Association (ICPPA) in a letter to the Prime Minister's Office and Railway and Coal Minister Piyush Goyal urged for resuming coal supplies to captive plants, which have been set up by various industries like steel ...
Government to step up coal supply to power plants from May 19 -June 30Financial Express
India allows power producers to switch coal linkagesCreamer Media's Mining Weekly
Govt to boost coal supply to power plants from May 19Millennium Post

all 22 news articles »
Categories: Latest News

US Supreme Court takes up dispute over power plant in India - ETEnergyworld.com

Indian Power Sector News - Mon, 21/05/2018 - 8:27pm

ETEnergyworld.com

US Supreme Court takes up dispute over power plant in India
ETEnergyworld.com
WASHINGTON: The U.S. Supreme Court on Monday agreed to consider reviving a lawsuit by Indian villagers seeking to hold a Washington-based international financial institution responsible for widespread environmental damage they blame on a power ...

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Rohatyn Group acquires JPMorgan's India infra PE platform - VCCircle

Indian Power Sector News - Mon, 21/05/2018 - 7:56pm

VCCircle

Rohatyn Group acquires JPMorgan's India infra PE platform
VCCircle
The AIRRO funds currently hold about $750 million in Indian assets across toll roads, thermal power, renewable energy, and social infrastructure sub-sectors. TRG said the addition of ... Other significant investors in India's infrastructure sector ...

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Government to step up coal supply to power plants from May 19 -June 30 - Financial Express

Indian Power Sector News - Mon, 21/05/2018 - 5:16pm

Financial Express

Government to step up coal supply to power plants from May 19 -June 30
Financial Express
The move comes in the wake of power ministry's request for granting high priority in loading of coal for power houses from goods sheds so as to facilitate higher supplies of coal to power sector, it added. Similar directive was given to South East ...
Captive plants cry foul over govt decision to boost supplies to power producersETEnergyworld.com
Govt to boost coal supply to power plants from May 19Millennium Post
India allows power producers to switch coal linkagesCreamer Media's Mining Weekly

all 22 news articles »
Categories: Latest News

India allows power producers to switch coal linkage - Creamer Media's Mining Weekly

Indian Power Sector News - Mon, 21/05/2018 - 2:52pm

Creamer Media's Mining Weekly

India allows power producers to switch coal linkage
Creamer Media's Mining Weekly
KOLKATA (miningweekly.com) – The Indian government has announced that private thermal power companies will be allowed to switch coal supply linkages from one coal company to another, but electricity producers are not sure that the move will deliver ...
Govt to step up coal supply to power plants from May19 -June 30Outlook India

all 8 news articles »
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India is ready to do business with Africa - ESI Africa

Indian Power Sector News - Mon, 21/05/2018 - 1:44pm

ESI Africa

India is ready to do business with Africa
ESI Africa
Asked what the African continent can learn from the experience of the Indian utility sector, the ICC CEO says: “The Indian power sector is undergoing a significant change that has redefined the industry outlook." "Sustained economic growth continues to ...

Categories: Latest News