Indian Power Sector News

Banks looking to unload Rs 7.3k-cr NPAs from books - Economic Times

Thu, 23/08/2018 - 11:00am

Economic Times

Banks looking to unload Rs 7.3k-cr NPAs from books
Economic Times
MUMBAI : A group of lenders, including Bank of India, State Bank of India (SBI), Allahabad Bank and Dena Bank, is planning to jointly dispose of distressed loans amounting to over Rupee7,300 crore in the first half of next month, according to people ...

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India Inc finds pricing power in fastest-growing world economy - Livemint

Thu, 23/08/2018 - 10:57am

Livemint

India Inc finds pricing power in fastest-growing world economy
Livemint
From Mercedes-Benz AG to Hindustan Unilever, companies in India are finding power to pass on higher costs to consumers, a sign that demand in the world's fastest-growing major economy is well-entrenched. After the twin shocks of a cash ban in 2016 and ...

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CERC Proposes Granting Category I Inter-State Power Trading License to Refex Energy - Mercom India

Thu, 23/08/2018 - 9:43am

Mercom India

CERC Proposes Granting Category I Inter-State Power Trading License to Refex Energy
Mercom India
CERC is the highest regulatory authority in the Indian electricity sector. Recently, CERC amended the regulations for the open access of interstate transmission, and also sets the national average power purchase cost (APPC) at ₹3.53 (~$0.0518)/kWh for ...

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PTC India looking to exit wind power business - Livemint

Thu, 23/08/2018 - 8:43am

Livemint

PTC India looking to exit wind power business
Livemint
India's wind sector has transitioned from a feed-in tariff regime, which ensures a fixed price for wind power producers, to tariff-based competitive auctions. In such a scenario, obtaining finance at the lowest cost has become key. “There has been a ...

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CREST urges UT Police to provide space to install solar panels in its buildings - The Indian Express

Thu, 23/08/2018 - 7:14am

The Indian Express

CREST urges UT Police to provide space to install solar panels in its buildings
The Indian Express
Chandigarh Renewable Energy and Science & Technology Promotion Society (CREST) has urged Chandigarh Police to make arrangements for installing solar panels in all its buildings as only 11 out of a total of 37 had been equipped with the system in the ...

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India Inc. Finds Pricing Power in Fastest-Growing World Economy - BloombergQuint

Thu, 23/08/2018 - 6:43am

BloombergQuint

India Inc. Finds Pricing Power in Fastest-Growing World Economy
BloombergQuint
Fast-moving consumer goods, which is ranked as the fourth-largest sector in the economy by think-tank India Brand Equity Foundation, is a bright spot in terms of demand. That's given companies such as Hindustan Unilever Ltd., the local unit of Unilever ...

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Focus on fiscal management for growth: Chief Secretary to Energy Department - The New Indian Express

Thu, 23/08/2018 - 5:47am

The New Indian Express

Focus on fiscal management for growth: Chief Secretary to Energy Department
The New Indian Express
VIJAYAWADA: In a bid to strengthen the power sector further and explore the options of reducing the power tariff in future, Chief Secretary Dinesh Kumar said the Energy Department should adopt effective financial management. He stressed the need for ...

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