Indian Power Sector News

India offers huge opportunity for American energy sector, says US Energy Secretary Rick Perry - Financial Express

Tue, 26/06/2018 - 11:36am

Financial Express

India offers huge opportunity for American energy sector, says US Energy Secretary Rick Perry
Financial Express
During the first meeting of the US-India Strategic Energy Partnership in April, the two countries decided to increase its co-operation in oil and gas, power, renewable energy and coal sectors. “India offers an amazing opportunity for US energy,” Perry ...
India offers huge opportunity for US energy sector: Rick PerryMoneycontrol.com
US must acquire latest N-tech for atomic power cooperation with India: Rick PerryTimes of India
India offers a huge opportunity for US energy sector says Energy Secretary RickDevdiscourse

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Photos: Abandoned Jharkhand power plant a $38 billion warning for Indian banks - Hindustan Times

Tue, 26/06/2018 - 9:43am

Hindustan Times

Photos: Abandoned Jharkhand power plant a $38 billion warning for Indian banks
Hindustan Times
That is likely to intensify the reckoning they face from lending to India's power sector, which is plagued by fuel shortages and difficulties negotiating long term supply contracts with the country's debt-laden electricity distributors In the jungles ...

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IBC bitter for power projects but may be sweet for Indian economy - Livemint

Tue, 26/06/2018 - 9:05am

Livemint

IBC bitter for power projects but may be sweet for Indian economy
Livemint
What's the best way to solve the stressed assets problem in the power sector? That's a $53-billion (₹ 3.6 trillion) question. According to Bank of America Merrill Lynch, that's the total amount of stressed debt in the power sector. The Reserve Bank of ...

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Abandoned Jharkhand power plant may bleed Indian banks by USD 38 billion - Free Press Journal

Tue, 26/06/2018 - 7:29am

Free Press Journal

Abandoned Jharkhand power plant may bleed Indian banks by USD 38 billion
Free Press Journal
Mumbai: An abandoned Jharkhand power plant could be the new bloated bad asset around the neck of Indian banks. Only this time, the bad loans that have stacked up are touching a staggering $38 billion, according to a report in Bloomberg. Jharkhand is ...
Abandoned power plant a $38-bn warning for banksHERE. NOW
Abandoned power plant a RM152b warning sign for India banksThe Malaysian Reserve

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BSES inks pact with Finland on new tech in power sector - The Asian Age

Tue, 26/06/2018 - 6:17am

The Asian Age

BSES inks pact with Finland on new tech in power sector
The Asian Age
New Delhi: Delhi electricity distribution company (discom) BSES on Monday announced it has entered into a significant cooperation agreement with state-run Business Finland for inducting state-of-the-art technology into the Indian distribution sector.

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Business Corner - Daily Pioneer

Tue, 26/06/2018 - 12:01am

Daily Pioneer

Business Corner
Daily Pioneer
International credit rating agencies S&P, Fitch and Moody's presented their perspective on the company credit quality, trends in the power sector in the APAC region, prospects and developments in the Indian Power Sector etc. Rajesh Kumar, RED (West-1), ...

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BSES deal with Finland to induct new technology in power sector - Daily Pioneer

Mon, 25/06/2018 - 6:39pm

Daily Pioneer

BSES deal with Finland to induct new technology in power sector
Daily Pioneer
The three-year MoU signed here by sister discom BSES Yamuna Power Ltd (BYPL) "will work on achieving common goals and explore collaboration opportunities for undertaking joint studies, pilot projects, knowledge sharing and consultancy/ research ...
Power discom BYPL signs MoU with Finnish company for ...Times of India
Power discom BYPL signs MoU with Finnish company for collaboration in energy sectorETAuto.com

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BSES deal with Finland to induct new technology in power sector - Business Standard

Mon, 25/06/2018 - 6:32pm

Business Standard

BSES deal with Finland to induct new technology in power sector
Business Standard
Delhi electricity distribution company (discom) BSES on Monday announced it has entered into a significant cooperation agreement with state-run Business Finland for inducting state-of-the-art technology into the Indian distribution sector. BSES has ...
Power discom BYPL signs MoU with Finnish company for collaboration in energy sectorTimes of India

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Abandoned power plant a $38 billion warning sign for Indian banks - Times of India

Mon, 25/06/2018 - 5:44pm

Times of India

Abandoned power plant a $38 billion warning sign for Indian banks
Times of India
Yet today it stands deserted and Indian banks have had to write off three quarters of their loans. Haircuts of that magnitude are now expected across the whole power sector, which is still reeling from the 2014 court-ordered loss of coal mining permits ...

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Power discom BYPL signs MoU with Finnish company for collaboration in energy sector - Times of India

Mon, 25/06/2018 - 4:24pm

Daily Pioneer

Power discom BYPL signs MoU with Finnish company for collaboration in energy sector
Times of India
The agreement was signed last week by BSES Yamuna Power Limited (BYPL) chief executive officer PR Kumar and Jukka Holappa, commercial councilor and head 'Business Finland' India, at the Embassy of Finland here, said a BYPL spokesperson.
BSES deal with Finland to induct new technology in power sectorDaily Pioneer

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Deserted Jharkhand power plant is a $38 billion warning for Indian ... - ThePrint

Mon, 25/06/2018 - 2:59pm

ThePrint

Deserted Jharkhand power plant is a $38 billion warning for Indian ...
ThePrint
Banks have had to write off three quarters of loans, after selling the operating company of the Jharkhand power plant.

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Abandoned Power Plant a $38 Billion Warning Sign for India Banks - BloombergQuint

Mon, 25/06/2018 - 1:21pm

BloombergQuint

Abandoned Power Plant a $38 Billion Warning Sign for India Banks
BloombergQuint
Yet today it stands deserted and Indian banks have had to write off three quarters of their loans. Haircuts of that magnitude are now expected across the whole power sector, which is still reeling from the 2014 court-ordered loss of coal mining permits ...

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This abandoned power plant in Jharkhand ia a $38 billion warning sign for Indian banks - Financial Express

Mon, 25/06/2018 - 12:51pm

Financial Express

This abandoned power plant in Jharkhand ia a $38 billion warning sign for Indian banks
Financial Express
Yet today it stands deserted and Indian banks have had to write off three quarters of their loans. Haircuts of that magnitude are now expected across the whole power sector, which is still reeling from the 2014 court-ordered loss of coal mining permits ...
Abandoned power plant a $38 billion warning sign for Indian banksETEnergyworld.com

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To what end are PSBs continuing to finance coal-fired power? - Moneylife

Mon, 25/06/2018 - 12:31pm

Moneylife

To what end are PSBs continuing to finance coal-fired power?
Moneylife
The new tender has provisions for boosting domestic module manufacturing and energy storage capacities as well -- absolutely essential in light of renewables now likely to outpace coal in new power capacity. India has thus expressed its resolve to ...

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Abandoned power plant a $38 billion warning sign for Indian banks - Economic Times

Mon, 25/06/2018 - 10:33am

Economic Times

Abandoned power plant a $38 billion warning sign for Indian banks
Economic Times
Indias banks, which have some of the highest stressed asset ratios globally, are under mounting pressure from regulators to clean up their books.
A Jharkhand power plant could herald a $38 bn headache for India's ...Business Standard

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Abandoned Jharkhand power plant a red flag for banks set to face ... - Hindustan Times

Mon, 25/06/2018 - 10:28am

Hindustan Times

Abandoned Jharkhand power plant a red flag for banks set to face ...
Hindustan Times
Deep in the jungles of eastern India lies an abandoned power plant, a warning symbol for the $38 billion of additional bad loans which are about to engulf the ...

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A Jharkhand power plant could herald a $38 bn headache for India's banks - Business Standard

Mon, 25/06/2018 - 6:58am

Business Standard

A Jharkhand power plant could herald a $38 bn headache for India's banks
Business Standard
Yet today it stands deserted and Indian banks have had to write off three-quarters of their loans, after selling the operating company to a specialist in distressed debt. Haircuts of that magnitude are now expected across the whole power sector in ...

and more »
Categories: Latest News

Abandoned Power Plant a $38 Billion Warning Sign for India Banks - Bloomberg

Mon, 25/06/2018 - 5:55am

Bloomberg

Abandoned Power Plant a $38 Billion Warning Sign for India Banks
Bloomberg
Yet today it stands deserted and Indian banks have had to write off three quarters of their loans. Haircuts of that magnitude are now expected across the whole power sector, which is still reeling from the 2014 court-ordered loss of coal mining permits ...

and more »
Categories: Latest News