Indian Power Sector News

Lenders find a rescue plan for stressed power assets - Economic Times

Thu, 03/05/2018 - 11:25pm

Economic Times

Lenders find a rescue plan for stressed power assets
Economic Times
Lenders to the power sector led by State Bank of India (SBI) have decided to float a fund to take over 14 stressed power plants of companies such as KSK Energy, RattanIndia (formerly IndiaBulls Power) and RKM Powergen. The decision is aimed at ...

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Solar manufacturing schemes face hurdles over subsidy, WTO rules - Business Standard

Thu, 03/05/2018 - 9:48pm

Business Standard

Solar manufacturing schemes face hurdles over subsidy, WTO rules
Business Standard
A subsidy scheme for promoting solar power equipment manufacturing is awaiting approval of the finance ministry while another one that offers assured power offtake to manufacturers is embroiled in World Trade Organisation (WTO) regulations. Officials ...

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Officer (Legal) Vacancies in Power Finance Corporation - taxscan.in (press release)

Thu, 03/05/2018 - 5:31pm

taxscan.in (press release)

Officer (Legal) Vacancies in Power Finance Corporation
taxscan.in (press release)
The Power Finance Corporation Limited has invited applications for the vacant posts.Power Finance Corporation Ltd. is an Indian financial institution. Established in 1986, it is the financial back bone of Indian Power Sector. Net worth of the company ...

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Modi government looking to map informal sector jobs to measure India's real growth - Times of India

Thu, 03/05/2018 - 3:52pm

Times of India

Modi government looking to map informal sector jobs to measure India's real growth
Times of India
... GDP 0-1% if unorganized sector taken into account: Economist. With more than 90 per cent of India's labour force estimated to work in the informal economy, a lack of periodic and credible data in this sector makes it difficult to assess the impact ...
Modi mapping invisible jobs to help measure India's real growthEconomic Times
Modi govt mapping invisible jobs to help measure India's real growthHindustan Times

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Bajaj Allianz introduces its first virtual employee - People Matters

Thu, 03/05/2018 - 12:37pm

People Matters

Bajaj Allianz introduces its first virtual employee
People Matters
"It is a milestone in the Institute's evolution into becoming the Best-in-Class Integrated Technical Training Institute for contemporary and future skills in the power sector and allied areas. Quality and operational excellence is built into Tata Power ...

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Tata Power Skill Development Instt gets ISO 9001 & ISO 29990 certified - People Matters

Thu, 03/05/2018 - 12:31pm

People Matters

Tata Power Skill Development Instt gets ISO 9001 & ISO 29990 certified
People Matters
The dual certification substantiates the operational excellence and standards practices pursued by Tata Power Skill Development Institute (TPSDI), established in 2015 by India's largest integrated power company The Tata Power Company Ltd to enhance ...
What is Aadhaar card and where is it mandatory?The Indian Express
Employees' Provident Fund Organisation flags data breach after IB sounds alertThe Indian Express
EPF Account Withdrawal, Other Claims: EPFO Announces New RulesNDTV
Times of India -LatestLY
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Modi mapping invisible jobs to help measure India's real growth - Economic Times

Thu, 03/05/2018 - 10:38am

Economic Times

Modi mapping invisible jobs to help measure India's real growth
Economic Times
With more than 90 percent of India's labor force estimated to work in the informal economy, a lack of periodic and credible data in this sector makes it difficult to assess the impact of policy actions and measure true growth. Multiple data sets for ...

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The future of renewable energy in India - Opinion by Praveer Sinha ... - ETEnergyworld.com

Thu, 03/05/2018 - 9:01am

ETEnergyworld.com

The future of renewable energy in India - Opinion by Praveer Sinha ...
ETEnergyworld.com
With the right investments in green technologies, India is well positioned to achieve renewable energy targets. The pursuit towards cleaner energy will have a ...
India added more energy capacity from renewables than coal last yearQuartz

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RBI clean-up push to hit banks' profitability in near-term: Moody's - The New Indian Express

Thu, 03/05/2018 - 2:02am

The New Indian Express

RBI clean-up push to hit banks' profitability in near-term: Moody's
The New Indian Express
“While this push will increase the already-high non-performing loan (NPL) ratios and provisioning burdens for India's banks, and strain their profitability in the near term, cleaner balance sheets in the long run will be credit positive for the sector ...

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Indian MedTech market to touch Rs 55040 crore by 2020: Survey - United News of India

Wed, 02/05/2018 - 9:47pm

Indian MedTech market to touch Rs 55040 crore by 2020: Survey
United News of India
Finance Commission to visit Haryana to assess finances of State. 02 May 2018 | 7:23 PM. New Delhi, May 2 (UNI) The 15th Finance Commission will visit Haryana from May 3-5, 2018 to assess the needs of the state, especially efforts required for ensuring ...

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Draft new telecom policy proposes bundle of sops - United News of India

Wed, 02/05/2018 - 7:46pm

Indiantelevision.com

Draft new telecom policy proposes bundle of sops
United News of India
... power of emerging digital technologies, including 5G, AI, IoT, Cloud and Big Data to enable provision of future ready products and services; and to catalyse the fourth industrial revolution (Industry 4. 0) by promoting Investments, Innovation and ...
DoT addresses broadband issues in policy out for public consultationIndiantelevision.com
New telecom policy aims at broadband for all Indians by 2022domain-B

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Finance Commission to visit Haryana to assess finances of State - United News of India

Wed, 02/05/2018 - 7:46pm

Finance Commission to visit Haryana to assess finances of State
United News of India
New Delhi, May 2 (UNI) The 15th Finance Commission will visit Haryana from May 3-5, 2018 to assess the needs of the state, especially efforts required for ensuring credible macro stability, improving power sector and transport sector and improving the ...

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Indian banks' final push for NPL recognition will hurt profitability in the coming quarters - Indiainfoline

Wed, 02/05/2018 - 6:00pm

Indian banks' final push for NPL recognition will hurt profitability in the coming quarters
Indiainfoline
The power sector accounts for more than half of stressed assets, as it continues to struggle with a low capacity utilization rate, with state-owned power distribution companies remaining under stress and holding off on entering into long-term ...

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Clouds loom above the solar sector - Times of India (blog)

Wed, 02/05/2018 - 4:24pm

Times of India (blog)

Clouds loom above the solar sector
Times of India (blog)
The Indian solar sector has seen major growth in the past few years. India is home to the world's largest single-location solar park – the 1 GW Kurnool Ultra Mega Solar Park. Several more ultra mega solar parks are undergoing construction. or are being ...
Is India ready for renewable energy?The Statesman

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There is no stress in 85% of REC loan book: PV Ramesh - Economic Times

Wed, 02/05/2018 - 3:16pm

Scroll.in

There is no stress in 85% of REC loan book: PV Ramesh
Economic Times
Talking to ET Now, PV Ramesh, CMD, REC, says 85% of REC loans go to the public sector, distribution, generation and transmission of the government power utilities -- both central and state -- and there is no stress here. Edited excerpts: Rural ...
Modi government's claims on full electrification of India's villages ...Scroll.in

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Boost To Nuclear-Power: Two Australian Firms In Talks To Export Uranium To India - Defence Aviation Post

Wed, 02/05/2018 - 2:32pm

Defence Aviation Post

Boost To Nuclear-Power: Two Australian Firms In Talks To Export Uranium To India
Defence Aviation Post
A steady supply of uranium is good news for the country's nuclear power sector, something that is expected to boost the performance of Indian nuclear power plants, as well as of several fuel cycle facilities. Two Australian companies BHP Billiton, the ...

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Moody's: Indian banks' final push for NPL recognition will hurt profitability in the coming quarters - Business Standard

Wed, 02/05/2018 - 12:51pm

Moody's: Indian banks' final push for NPL recognition will hurt profitability in the coming quarters
Business Standard
Among the rated private sector banks, ICICI Bank Limited (Baa3 stable, ba1) and AXIS Bank Limited (Baa3 stable, ba1) have the highest ratio of stressed assets but are better equipped to face higher credit costs because their profitability is superior ...

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Universal Electricity Sets New Paradigm – Let The State Build Infrastructure And Private Sector Maintain Those - Swarajya

Wed, 02/05/2018 - 12:27pm

Swarajya

Universal Electricity Sets New Paradigm – Let The State Build Infrastructure And Private Sector Maintain Those
Swarajya
It applies not just to the power sector though it could be the trigger to set off the virtuous cycle. Instead of demanding that the services to run the infrastructure created by the government should continue to operate through government departments ...
Modi was elected to get India sprinting, but all he's doing is screen the movie in fast motionScroll.in

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Boost to nuclear-power: Two Australian firms in talks to export uranium to India - The Indian Express

Wed, 02/05/2018 - 4:55am

The Indian Express

Boost to nuclear-power: Two Australian firms in talks to export uranium to India
The Indian Express
In India, there are currently 22 reactors with an installed capacity of 6,780 MWe (mega watt electrical), of which, eight reactors with aggregate capacity of 2,400 MWe are fuelled by indigenous uranium while the remaining 14 with a capacity of 4,380 ...

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PIL on over-invoicing by power firms: Delhi HC told about closure of enquiry by CBI - The New Indian Express

Tue, 01/05/2018 - 11:53pm

The New Indian Express

PIL on over-invoicing by power firms: Delhi HC told about closure of enquiry by CBI
The New Indian Express
The NGOs claimed that the DRI had earlier unearthed that public and private sector energy companies were siphoning off several thousands crores of rupees abroad. "Most of these over-invoicing instances have been reported from the power sector, the ...
Over-invoicing by power firms: CBI closes inquiry against Adani Enterprises, public sector banksScroll.in
Artificial Over-Invoicing By Power Cos: CBI Says It Closed ... - Live LawLive Law

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