Indian Power Sector News

Govt proposes new bill to enable power supplier portability - Moneycontrol.com

3 hours 21 min ago

Govt proposes new bill to enable power supplier portability
Moneycontrol.com
In a bid to introduce healthy competition in the energy sector, the government plans to make it easy for power consumers to switch from one service provider to another, according to an article in the Economic Times. The draft bill, that includes the ...

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India's troubled banks desperately need more money - but government help just isn't coming - Moneycontrol.com

4 hours 7 min ago

India's troubled banks desperately need more money - but government help just isn't coming
Moneycontrol.com
Despite all that the Indian government has done to revitalize the country's struggling banking sector, one crucial element remains missing from its effort: New Delhi isn't forking over enough cash. The lack of liquid funds at a time when non-performing ...

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Soon, like mobile number you may also port your power supplier - Economic Times

14 hours 49 min ago

Economic Times

Soon, like mobile number you may also port your power supplier
Economic Times
"It will provide the biggest platform for investors to get into Indian utility business which has 250 million customers providing choice and facilities to customers. Clear road maps were drawn on its implementation ... "Though the proposal will benefit ...

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Temporary disruptive effect of GST over, says economic affairs secretary - Times of India

Tue, 17/10/2017 - 4:42pm

Times of India

Temporary disruptive effect of GST over, says economic affairs secretary
Times of India
Temporary disruptive effect of GST is over," he said in a tweet. Overall, industrial production grew at a nine-month high of 4.3 per cent in August, mainly on account of robust performance of mining and power sectors coupled with higher capital goods ...

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Temporary disruptive effect of GST over, says DEA Secretary - The New Indian Express

Tue, 17/10/2017 - 4:27pm

Temporary disruptive effect of GST over, says DEA Secretary
The New Indian Express
Overall, industrial production grew at a nine-month high of 4.3 per cent in August, mainly on account of robust performance of mining and power sectors coupled with higher capital goods output. India's economic growth slipped to a three-year low of 5.7 ...

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DATA STORY: India depends on the Railways, but it isn't a world class lifeline - Moneycontrol.com

Tue, 17/10/2017 - 12:21pm

DATA STORY: India depends on the Railways, but it isn't a world class lifeline
Moneycontrol.com
As soon as Goyal came to power, he proposed many reforms for the sector. The minister proposed electric locomotive trains instead of diesel ones as a step towards electrifying the railways. He has also said that the government will spend Rs 1,000 crore ...

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State aims to be hub of downstream aluminium sector - The New Indian Express

Tue, 17/10/2017 - 8:17am

Odisha Television Ltd. (blog)

State aims to be hub of downstream aluminium sector
The New Indian Express
Over the past five years, the State has attracted investments worth `893 crore, including proposals by Bahrain-based Midal Cables and Power Grid Corporation of India subsidiary Grid Conductors. Four out of five proposals are for the aluminium park.
Odisha invites investment in downstream aluminium sectorOdisha Television Ltd. (blog)

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Abu Dhabi Investment Authority to invest $1 billion in India's Infrastructure Fund - Economic Times

Tue, 17/10/2017 - 12:16am

Economic Times

Abu Dhabi Investment Authority to invest $1 billion in India's Infrastructure Fund
Economic Times
"In parallel, ADIA will also continue to consider and pursue investments into Indian infrastructure opportunities that fall outside the scope of the NIIF, including taking minority stakes in high-quality Indian companies alongside aligned and reputable ...

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Five Bidders In Fray For 30% Stake In Jaiprakash Power - BloombergQuint

Mon, 16/10/2017 - 9:26pm

Moneycontrol.com

Five Bidders In Fray For 30% Stake In Jaiprakash Power
BloombergQuint
Interest in Jaiprakash Power Ventures' assets from domestic as well as international investors bodes well for India's banking sector struggling to rid itself of stressed loans and for the Manoj Gaur-led Jaypee Group, which has been trying to sell ...
Market Live: Nifty hits fresh record high, Sensex bounces back; banks leadMoneycontrol.com

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Jaiprakash Power's 30% Stake Sale Finds Five Bidders - BloombergQuint

Mon, 16/10/2017 - 8:31pm

Jaiprakash Power's 30% Stake Sale Finds Five Bidders
BloombergQuint
Interest in Jaiprakash Power Ventures' assets from domestic as well as international investors bodes for India's banking sector struggling to rid itself of problem assets and for the Manoj Gaur-led Jaypee Group which has been trying to sell assets in a ...

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My Power Bill Increased By 6 Times For No Reason And UP Power Corp. Has No Answer - Youth Ki Awaaz

Mon, 16/10/2017 - 7:22pm

Youth Ki Awaaz

My Power Bill Increased By 6 Times For No Reason And UP Power Corp. Has No Answer
Youth Ki Awaaz
India's Prime Minister, Narendra Modi, via the Saubhagya scheme, has assured the nation that every Indian household will have a free power connection by December 2018. However, the bills for the power consumed will have to be paid by the consumers on ...

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Live Stock Market Updates - Sensex, Nifty ends at fresh life time closing high - Indiainfoline

Mon, 16/10/2017 - 3:56pm

Moneycontrol.com

Live Stock Market Updates - Sensex, Nifty ends at fresh life time closing high
Indiainfoline
PNB, Syndicate Bank (-2%), BoB, Union Bank, Canara Bank (-1%). Some buying activity is seen in Basic Materials, FMCG, Metals, Healthcare, Telecom and Auto sectors, while Finance, Bank and Power sector show weakness in BSE. The INDIA VIX is down ...
Diwali in D-Street: Sensex, Nifty hit record highs (Roundup)Business Standard
Closing Bell: Market ends at record high levels; Nifty above 10200-markMoneycontrol.com

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As Investor Sentiment in India's Power Sector Lags, Modi Likely to Opt for Change in Narrative - The Wire

Mon, 16/10/2017 - 1:57pm

The Wire

As Investor Sentiment in India's Power Sector Lags, Modi Likely to Opt for Change in Narrative
The Wire
India saw an anaemic growth of 4.72% in generation during 2016-17, the lowest in four years, as manufacturing sector stalled. Industry accounts for over 40% of India's total power consumption and therefore, weak industrial growth adversely affected ...

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Wind power projects suffer blow as Karnataka says for PPA nod, cut tariffs first - Financial Express

Mon, 16/10/2017 - 5:39am

Financial Express

Wind power projects suffer blow as Karnataka says for PPA nod, cut tariffs first
Financial Express
Apart from Indian companies such as Suzlon and Inox, the decision would adversely affect projects of foreign companies such as Siemens Gamesa and Green Infra. The wind energy-independent power producers' association ... The aforementioned MNRE letter ...

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Indian Railways' freight earnings increased 6 per cent in September on higher coal demand from utilities - ETEnergyworld.com

Sun, 15/10/2017 - 8:52pm

ETEnergyworld.com

Indian Railways' freight earnings increased 6 per cent in September on higher coal demand from utilities
ETEnergyworld.com
Indian Railways' freight earnings increased 6 per cent in September on higher coal demand from New Delhi: Indian railways witnessed a growth of 5.76 per cent in freight earnings to Rs 8,139 crore in September after higher demand from power utilities ...

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Govt power push, shift in energy mix can be a good theme to play - Economic Times

Sun, 15/10/2017 - 12:37pm

Economic Times

Govt power push, shift in energy mix can be a good theme to play
Economic Times
With various reform measures introduced by the government and evolving socio-economic conditions, the power sector has been currently going through a major transformation. Even the supply of coal to power utilities has also increased by 20.6 percent to ...

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Across the aisle: The real world beckons the PM - The Indian Express

Sun, 15/10/2017 - 12:01am

The Indian Express

Across the aisle: The real world beckons the PM
The Indian Express
How appropriate to the Indian economic situation! Much has happened in the last ten days. ... What the Prime Minister's researchers and speech writers failed to tell him was that if all sectors of the economy were not growing, the economy will witness ...

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Govt power push, shift in energy mix can be a good theme to play - Economic Times

Sat, 14/10/2017 - 11:57am

Economic Times

Govt power push, shift in energy mix can be a good theme to play
Economic Times
With various reform measures introduced by the government and evolving socio-economic conditions, the power sector has been currently going through a major transformation. Even the supply of coal to power utilities has also increased by 20.6 percent to ...

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Wind power is now cheaper than coal-based electricity in India – but the industry is worried - Scroll.in

Fri, 13/10/2017 - 9:35pm

Scroll.in

Wind power is now cheaper than coal-based electricity in India – but the industry is worried
Scroll.in
Energy distribution firms have also wanted to pull out of previously-signed power purchase agreements, instead pressuring power firms to sell at the newly-discovered low rates for renewable energy. As a result, the sector has seen a sharp fall in new ...
Ultimate Sun Systems helps clients leverage renewable energy for affordable powerYourStory.com

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Indian Railways' freight earnings increased 6 per cent in September on higher coal demand from utilities - ETEnergyworld.com

Fri, 13/10/2017 - 8:44pm

ETEnergyworld.com

Indian Railways' freight earnings increased 6 per cent in September on higher coal demand from utilities
ETEnergyworld.com
Indian Railways' freight earnings increased 6 per cent in September on higher coal demand from New Delhi: Indian railways witnessed a growth of 5.76 per cent in freight earnings to Rs 8,139 crore in September after higher demand from power utilities ...
CIL's production grows 13% so far this monthMillennium Post

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