Indian Power Sector News

Adhia to hold meeting over power sector NPAs in July - The New Indian Express

Sat, 23/06/2018 - 6:43am

The New Indian Express

Adhia to hold meeting over power sector NPAs in July
The New Indian Express
After the Reserve Bank of India's (RBI) refusal to dilute restructuring guidelines for the power sector, Finance Secretary Hasmukh Adhia is slated to hold a second round of meeting with Power Ministry officials in July first week in order to resolve ...

Categories: Latest News

Indian banks find wind a 'safe bet' - Windpower Monthly

Fri, 22/06/2018 - 5:50pm

Windpower Monthly

Indian banks find wind a 'safe bet'
Windpower Monthly
In part one of the series, industry leaders in India said manufacturing capacity in the country could deal with up a market of up to 15GW. In the second part of the look at India's burgeoning wind power sector, Windpower Monthly investigates the ...

Categories: Latest News

COMMENT - Asset reconstruction company for power sector doesn't do away with need for deep reforms - Moneycontrol.com

Fri, 22/06/2018 - 4:16pm

Moneycontrol.com

COMMENT - Asset reconstruction company for power sector doesn't do away with need for deep reforms
Moneycontrol.com
Such an agency will manage these assets until a cyclical recovery in the sector drives up value, goes the argument. The recovery is predicated upon stronger economic growth, India's low per capita electricity consumption, plans for 100% electrification ...

and more »
Categories: Latest News

Market Movers: All eyes on Opec meet; India's tit for tat duty hike on US goods and no RBI relief on power NPAs - Economic Times

Fri, 22/06/2018 - 8:03am

Economic Times

Market Movers: All eyes on Opec meet; India's tit for tat duty hike on US goods and no RBI relief on power NPAs
Economic Times
The Reserve Bank of India has indicated to the finance ministry that its Feb. 12 circular on a new framework for stressed assets provides enough space for resolution of bad loans in the power sector. The central bank feels that if bankers have a ...

Categories: Latest News

Market Movers: All eyes on Opec meet; India's tit for tat duty hike on US goods and no RBI relief on power NPAs - Economic Times

Fri, 22/06/2018 - 8:03am

Economic Times

Market Movers: All eyes on Opec meet; India's tit for tat duty hike on US goods and no RBI relief on power NPAs
Economic Times
The Reserve Bank of India has indicated to the finance ministry that its Feb. 12 circular on a new framework for stressed assets provides enough space for resolution of bad loans in the power sector. The central bank feels that if bankers have a ...

Categories: Latest News

News digest: IPO norms, stressed power assets, Cannes Lions 2018, and more - Business Standard

Fri, 22/06/2018 - 2:41am

Business Standard

News digest: IPO norms, stressed power assets, Cannes Lions 2018, and more
Business Standard
The Reserve Bank of India (RBI) is unlikely to soften its stand on stressed assets in the power sector, which is asking for a special dispensation under the Insolvency and Bankruptcy Code (IBC). The Centre is likely to push for debt restructuring and ...

Categories: Latest News

Enough scope in RBI circular for resolution of bad loans: Finance Minister Arun Jaitley - The Indian Express

Fri, 22/06/2018 - 12:26am

The Indian Express

Enough scope in RBI circular for resolution of bad loans: Finance Minister Arun Jaitley
The Indian Express
Apart from power producers, top officials from coal, power, and petroleum ministries and the Reserve Bank of India attended the meeting. While the power sector officials demanded relaxation from the RBI from its February 12 circular, which mandates a ...

and more »
Categories: Latest News

ET ANALYSIS: India's key contribution in Bangladesh's graduation from LDC status - Economic Times

Thu, 21/06/2018 - 8:55am

Economic Times

ET ANALYSIS: India's key contribution in Bangladesh's graduation from LDC status
Economic Times
... is growing and Bangladesh desires to take advantage of India's growth story and market including markets in Northeast India and West Bengal. Indian private sector has also committed to invest over 13 bn usd in Bangladesh particularly in the power ...

and more »
Categories: Latest News

Power to your portfolio: These 5 stocks may offer 37-56% in 1 year - Moneycontrol.com

Thu, 21/06/2018 - 8:52am

Moneycontrol.com

Power to your portfolio: These 5 stocks may offer 37-56% in 1 year
Moneycontrol.com
The beginning of correction in Indian power oversupply, improving plant load factor, drying up of new investments in the sector and the likely rise in merchant prices are enough reasons for research firm Motilal Oswal to bet on the energy space ...

Categories: Latest News

Finmin to hold meeting with stakeholders of power sector today - ETEnergyworld.com

Thu, 21/06/2018 - 8:08am

ETEnergyworld.com

Finmin to hold meeting with stakeholders of power sector today
ETEnergyworld.com
It also provided reprieve to a clutch of power projects under financial stress and facing the threat of being pushed into insolvency proceedings by ordering that no action be taken in their cases under the Reserve Bank of India's (RBI) February 12 ...
Payments crunch pushes Indian power producers to brink of defaultFinancial Times

all 3 news articles »
Categories: Latest News

India's utility solar capacity grows 72% in FY18: Report - Economic Times

Thu, 21/06/2018 - 8:05am

Economic Times

India's utility solar capacity grows 72% in FY18: Report
Economic Times
BENGALURU: India's utility solar capacity grew by a whopping 72% in 2017-18 over the previous year, says solar consultancy Bridge To India in its latest annual report on the sector. ... Even so, solar tariffs compare favourably with the cost of thermal ...
Rooftop solar growth in California and what India can learn from itETEnergyworld.com

all 27 news articles »
Categories: Latest News

Alfanar plans to bid in India's renewable energy auctions - The ... - Economic Times

Thu, 21/06/2018 - 7:59am

Economic Times

Alfanar plans to bid in India's renewable energy auctions - The ...
Economic Times
The company plans to bid in auctions planned by the Indian government and expand its portfolio of projects in the sector.

and more »
Categories: Latest News

Modi govt plans 'Pariwartan' scheme for power sector revival - Livemint

Thu, 21/06/2018 - 7:28am

Livemint

Modi govt plans 'Pariwartan' scheme for power sector revival
Livemint
New Delhi: The government plans to warehouse stressed power projects totalling 25,000 megawatts (MW) under an asset management firm to protect the value of the assets and prevent their distress sale under the insolvency and bankruptcy code till demand ...

Categories: Latest News

Payments crunch pushes Indian power producers to brink of default - Financial Times

Thu, 21/06/2018 - 6:16am

Financial Times

Payments crunch pushes Indian power producers to brink of default
Financial Times
India's 2003 Electricity Act was a landmark in the liberalising reform drive that began a decade before, turbocharging the coal-fired power sector by abolishing a burdensome licensing regime. Mr Rao's Lanco was quick to take advantage. Over the next ...
Finmin to hold meeting with stakeholders of power sector todayETEnergyworld.com

all 3 news articles »
Categories: Latest News

Great leap forward in power generation - Financial Chronicle (press release) (blog)

Thu, 21/06/2018 - 2:50am

Financial Chronicle (press release) (blog)

Great leap forward in power generation
Financial Chronicle (press release) (blog)
Thermal generation capacity accounts for almost 67 per cent of installed capacity of the country. Coal based power generation contributes to around 35 per cent of the total all India CO2 emission. Reliance on coal-based power is expected to continue in ...

Categories: Latest News

Gujarat: Testing times for power sector - Daily News & Analysis

Thu, 21/06/2018 - 2:45am

Daily News & Analysis

Gujarat: Testing times for power sector
Daily News & Analysis
In view of refusal of Adani Power and Essar Power to supply 2,000 MW and 1,000 MW respectively as per the power purchase agreements, the Gujarat Urja Vikas Nigam Limited (GUVNL) is being forced to meet demand by buying power from Indian Energy ...

and more »
Categories: Latest News

Feel that 21 public sector banks may be too many, says SBI ... - CNBCTV18

Wed, 20/06/2018 - 11:36pm

CNBCTV18

Feel that 21 public sector banks may be too many, says SBI ...
CNBCTV18
After government said that there is no proposal for consolidation of government banks at present, country's largest lender, State Bank of India, on Wednesday ...

and more »
Categories: Latest News

Power sector rues assets going to NCLT; seeks regulatory leniency - Hindu Business Line

Wed, 20/06/2018 - 10:34pm

Power sector rues assets going to NCLT; seeks regulatory leniency
Hindu Business Line
The Indian Banks Association and APP have requested relaxations by extending the sunset clause as on September 30, 2018; increasing the default reference date from one day to 30 days; changing the clause so that a resolution plan can be cleared if 75 ...

Categories: Latest News