Indian Power Sector News

Renewables stay in the race despite hiccups - India Climate Dialogue

Wed, 31/10/2018 - 12:34pm

India Climate Dialogue

Renewables stay in the race despite hiccups
India Climate Dialogue
The renewable energy sector in India, defined primarily by solar and wind power, have been through challenging times for the most part of this year, causing some experts to believe that meeting targets under these circumstances could be compromised.
India's solar industry set for consolidationArabianBusiness.com

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Renewables stay in the race despite hiccups - India Climate Dialogue

Wed, 31/10/2018 - 12:34pm

India Climate Dialogue

Renewables stay in the race despite hiccups
India Climate Dialogue
The renewable energy sector in India, defined primarily by solar and wind power, have been through challenging times for the most part of this year, causing some experts to believe that meeting targets under these circumstances could be compromised.

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As India tackles its bad loans problem, large local groups and global funds are gaining advantage - Scroll.in

Wed, 31/10/2018 - 9:08am

Scroll.in

As India tackles its bad loans problem, large local groups and global funds are gaining advantage
Scroll.in
“Steel projects in the second layer will see much larger write-offs, as high as 70%-90%,” he said. This will happen in the power sector too. “Only plants with power purchase agreements or fuel linkages will do well,” he predicted. “Others will see 60 ...

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Electricity prices set to surge in these five Indian states after the Supreme Court's verdict on power purchasing ... - Business Insider India

Tue, 30/10/2018 - 5:47pm

Business Insider India

Electricity prices set to surge in these five Indian states after the Supreme Court's verdict on power purchasing ...
Business Insider India
Electricity prices set to surge in these five Indian states after the Supreme Court's verdict on power purchasing agreements ... The burden amounts residents shelling out an additional ₹129,000 more for electricity in the coming 30 years. As a result ...

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Falling rupee puts ₹28000 crore of solar projects at risk: report - Livemint

Tue, 30/10/2018 - 5:07pm

Livemint

Falling rupee puts ₹28000 crore of solar projects at risk: report
Livemint
New Delhi: In what may further exacerbate India's stressed power project situation, solar capacities totaling ₹28,000 crore face viability risk due to imported solar modules becoming costlier, with the continuous fall in the rupee, ratings agency ...

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Villagers lose homes, land to feed India's booming power sector - Eco-Business

Tue, 30/10/2018 - 2:51pm

Eco-Business

Villagers lose homes, land to feed India's booming power sector
Eco-Business
Siyaram Saket refuses to give up his one-and-a-half acres of farmland in central India - no matter how much the coal mining company offers him. Whatever the amount, said the 55-year-old, it will not be enough to replace the value of the fertile land ...

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India in dire need of long-term growth strategy - Economic Times

Tue, 30/10/2018 - 12:47pm

Economic Times

India in dire need of long-term growth strategy
Economic Times
Another domestic problem is one which had developed much before the BJP government came into power. The country's banking sector remains burdened by bad loans. Despite the best efforts with loan resolutions through the National Company Law ...

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Why central bank is at loggerheads with the government - Economic Times

Tue, 30/10/2018 - 11:48am

Times of India

Why central bank is at loggerheads with the government
Economic Times
Government officials along with those from the power sector have been lobbying the central bank to ease those norms, but with little success. Last month, the top court ordered lenders to temporarily halt the start of bankruptcy proceedings against ...
Explained: The Widening Rift Between the RBI and the Modi GovernmentThe Wire
Finance minister Arun Jaitley criticises RBI for indiscriminate lending by banksTimes of India

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Mirae Asset India Equity Fund: Fund review - Economic Times

Tue, 30/10/2018 - 9:53am

Economic Times

Mirae Asset India Equity Fund: Fund review
Economic Times
In the past six months, the scheme's fund managers have constructed a portfolio which includes well-placed themes across sectors. Right from insurance, mutual funds, pharmaceuticals, consumer durables to retail, auto and media. This provides diversity ...

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India's bid to fix bad loan crisis is reshaping its corporate sector – and creating new challenges - Scroll.in

Tue, 30/10/2018 - 9:01am

Scroll.in

India's bid to fix bad loan crisis is reshaping its corporate sector – and creating new challenges
Scroll.in
India's bad-debt crisis has its origins in the rise of a new generation of infrastructure companies in the early 2000s. Coming of age in the heady post-liberalisation days, these companies rushed to build empires that spanned thermal and hydel power ...

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Actis could step up investments in India's green energy space - Economic Times

Tue, 30/10/2018 - 8:52am

Economic Times

Actis could step up investments in India's green energy space
Economic Times
“Over the past 12 months, we have committed $950 million in India and that tells you that India is pretty attractive on a global basis. If you look at the Indian market, and if you look at the shift in the power side — the implosion of power sector ...

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Explained: Where India, Japan ties stand now and what is planned for the future - The Indian Express

Tue, 30/10/2018 - 1:15am

The Indian Express

Explained: Where India, Japan ties stand now and what is planned for the future
The Indian Express
Much of the Japanese FDI inflows have been concentrated in the automobile, electrical equipment, telecommunications, chemical, and pharma sectors. As of October 2016, there were 1,305 Japanese companies registered in India, an increase of 76 ...

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Why India's Central Bank Is at Loggerheads With the Government - BloombergQuint

Mon, 29/10/2018 - 10:54pm

BloombergQuint

Why India's Central Bank Is at Loggerheads With the Government
BloombergQuint
Government officials along with those from the power sector have been lobbying the central bank to ease those norms, but with little success. Last month, the top court ordered lenders to temporarily halt the start of bankruptcy proceedings against ...
Explained: The Widening Rift Between the RBI and the Modi GovernmentThe Wire
Tensions between Patel-led RBI, government reach boiling pointTimes of India

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Explained: The Widening Rift Between the RBI and the Modi Government - The Wire

Mon, 29/10/2018 - 5:02pm

The Wire

Explained: The Widening Rift Between the RBI and the Modi Government
The Wire
New Delhi: Simmering differences between the Reserve Bank of India (RBI) and the Narendra Modi government – over issues of public sector bank regulation, resolution of distressed assets and the central bank's reserves – have reached a high-point. These ...
Tensions between Patel-led RBI, government reach boiling pointTimes of India

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Villagers lose homes, land to feed India's booming power ... - Thomson Reuters Foundation

Mon, 29/10/2018 - 4:29pm

Thomson Reuters Foundation

Villagers lose homes, land to feed India's booming power ...
Thomson Reuters Foundation
As energy-hungry India seeks to fuel its continued economic growth, millions of people are being pushed out of their homes by companies, villagers say.

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How Govt Milking of Cash Cow LIC is Endangering India's Most Trusted Life Insurer - NewsClick

Mon, 29/10/2018 - 3:49pm

NewsClick

How Govt Milking of Cash Cow LIC is Endangering India's Most Trusted Life Insurer
NewsClick
In the past four years, LIC has been used by the Modi government as 'the lender of last resort' across sectors, because it is flush with funds. It has been asked to give soft loans to the Railways, it has subscribed to the power sector's Ujwal Discom ...

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Coal, renewables would complement each other for meeting India's increasing energy demand - ETEnergyworld.com

Mon, 29/10/2018 - 2:27pm

ETEnergyworld.com

Coal, renewables would complement each other for meeting India's increasing energy demand
ETEnergyworld.com
Would coal-based generation continue to fuel the Indian economy or would renewables take over? For more than a century, coal-fired thermal plants have been the backbone of the power sector in India. Coal currently comprises of more than half (57 per ...

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Indian banks on top of situation over NPA problem, says SBI chairman - Livemint

Mon, 29/10/2018 - 12:14pm

Livemint

Indian banks on top of situation over NPA problem, says SBI chairman
Livemint
Elaborating further on the issue of NPAs, Kumar said last year the system was struggling with higher and elevated NPAs and largely it was the steel and power sectors that got impacted the most. “The major challenge which the banks - public sector more ...

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