Indian Power Sector News

Sterlite Power Acquires 28.4% Stake in its Transmission Infrastructure Business From Standard Chartered Private ... - PR Newswire India (press release)

Tue, 30/01/2018 - 2:23pm

Greentech Lead

Sterlite Power Acquires 28.4% Stake in its Transmission Infrastructure Business From Standard Chartered Private ...
PR Newswire India (press release)
Sterlite Power has acquired the 28.4% stake in its transmission infrastructure business from Standard Chartered Private Equity (SCPE). With this acquisition, Sterlite Power holds 100% stake in the business. Sterlite Power had attracted an investment of ...
Sterlite Power buys 28.4% stake in its transmission biz for Rs 1010 croreGreentech Lead

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Power, Metals & Mining Sector Expectations from Budget 2018 - Indiainfoline

Tue, 30/01/2018 - 12:45pm

Power, Metals & Mining Sector Expectations from Budget 2018
Indiainfoline
Power, Metals & Mining Sector Expectations from Budget 2018. First Name. Enter your Email-ID. Enter your Friend's Email-ID. Submit Cancel. Power, Metals & Mining Sector Expectations from Budget 2018. India Infoline News Service | Mumbai | January 28 ...

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Economic Survey Hints at Jio as a Disruptor in Stressed Telecom Sector - News18

Tue, 30/01/2018 - 10:15am

News18

Economic Survey Hints at Jio as a Disruptor in Stressed Telecom Sector
News18
... (NIIB) and also global institutions like Asian Infrastructure Investment Bank (AIIB) and New Development Bank (erstwhile BRICS Bank). The Survey said all-India installed power generation capacity has increased substantially over the years and ...

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Budget 2018 to fix public sector banks and make them nimble - Moneycontrol.com

Tue, 30/01/2018 - 8:46am

Moneycontrol.com

Budget 2018 to fix public sector banks and make them nimble
Moneycontrol.com
The IBC mechanism is being used actively to resolve the NPA problem of the banking sector,” the survey said. The government may also provide the necessary booster to provide credit to the ailing MSME (micro, small and medium enterprises) and the ...

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India needs $4.5 tn for infrastructure - The Hindu

Mon, 29/01/2018 - 9:42pm

The Hindu

India needs $4.5 tn for infrastructure
The Hindu
“The current trend shows that India can meet around $3.9 trillion infrastructure investment out of $4.5 trillion. The cumulative figure for India's infrastructure investment gap would be around $526 billion by 2040,” it said. There was massive under ...
Economic Survey Shows MSMEs Received Only 17% of Credit OutstandingNews18
Agriculture sector to grow 2.1%: Can it double farm income by 2022?Economic Times
India to face $526 billion infrastructure investment gap by 2040: Economic SurveyLivemint
Quartz -Scroll.in -India Climate Dialogue
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Curbs On Panel Imports Will Hurt Solar Power Demand, Hero Future Energies Says - BloombergQuint

Mon, 29/01/2018 - 8:12pm

BloombergQuint

Curbs On Panel Imports Will Hurt Solar Power Demand, Hero Future Energies Says
BloombergQuint
The renewable energy producer that quoted one of India's lowest solar tariffs is worried that a 70 percent safeguard duty suggested on Chinese solar panel imports will increase prices to a level where states may not want to buy in a surplus market ...

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Sparing large power consumers of cross subsidy is good, but who will foot the bill? - Moneycontrol.com

Mon, 29/01/2018 - 6:38pm

Moneycontrol.com

Sparing large power consumers of cross subsidy is good, but who will foot the bill?
Moneycontrol.com
According to a Brookings India study, Delhi government's household subsidy is the most generous in the country but highly inefficient as well. Delhi is one of the richest states in India, with limited agricultural power load and the highest household ...

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India To Need $4.5 Trillion In 25 Years For Infrastructure Push - NDTV

Mon, 29/01/2018 - 6:27pm

NDTV

India To Need $4.5 Trillion In 25 Years For Infrastructure Push
NDTV
... the Survey said under Sagarmala ports master plans have been finalised under which 131 port capacity expansion projects with project cost of Rs. 85,346 crore have been identified for implementation over next 20 years. The Survey said all-India ...
India needs $ 4.5 trillion by 2040 to develop Infra: Eco SurveyEconomic Times
India needs $4.5 trillion by 2040 for infrastructure development: Economic SurveyHindustan Times

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Sterlite Power buys 28.4% stake from SCPE for Rs 1010 cr - India Today

Mon, 29/01/2018 - 6:22pm

Livemint

Sterlite Power buys 28.4% stake from SCPE for Rs 1010 cr
India Today
Mumbai, Jan 29 (PTI) Sterlite Power today acquired the 28.4 per cent stake in its transmission business from Standard Chartered Private Equity (SCPE) for Rs 1,010 crore. With this acquisition, Sterlite Power owns 100 per cent stake in its transmission ...
Sterlite Power buys 28.4% stake from SCPE for Rs1,010 croreLivemint
Sterlite Power buys StanChart's 28.4% in transmission infra biz for ₹1010 croreBusiness Line
Sterlite Power acquires StanChart stake for Rs 1010 croreEconomic Times
DEALSTREETASIA
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Sterlite Power buys 28.4% stake from SCPE for Rs 1010 cr - India Today

Mon, 29/01/2018 - 6:12pm

DEALSTREETASIA

Sterlite Power buys 28.4% stake from SCPE for Rs 1010 cr
India Today
Mumbai, Jan 29 (PTI) Sterlite Power today acquired the 28.4 per cent stake in its transmission business from Standard Chartered Private Equity (SCPE) for Rs 1,010 crore. With this acquisition, Sterlite Power owns 100 per cent stake in its transmission ...
Sterlite Power buys StanChart's 28.4% in transmission infra biz for ₹1010 croreBusiness Line
India: Sterlite Power buys 28.4% stake from SCPE for $158mDEALSTREETASIA

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Sterlite Power acquires StanChart stake for Rs 1010 crore - Economic Times

Mon, 29/01/2018 - 4:19pm

Economic Times

Sterlite Power acquires StanChart stake for Rs 1010 crore
Economic Times
With this acquisition, Sterlite Power holds 100 % stake in the business. Sterlite Power had attracted an investment of Rs 500 crore in 2014 from SCPE which was the first private foreign investment in the Indian transmission sector, an official ...
Sterlite Power buys 28.4% stake from SCPE for Rs 1010 crOutlook India
Sterlite Power owns 100% stake in transmission infrastructure businessBusiness Line
BRIEF-Sterlite Power Buys 28.4 Pct Stake In Transmission Infrastructure BusinessReuters

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India needs $ 4.5 trillion by 2040 to develop Infra: Eco Survey - Economic Times

Mon, 29/01/2018 - 3:55pm

Economic Times

India needs $ 4.5 trillion by 2040 to develop Infra: Eco Survey
Economic Times
The Survey said all-India installed power generation capacity has increased substantially over the years and reached 330860.6 MW as on November 30, 2017. About logistics sector, the Survey highlighted that "the Indian logistics market is expected to ...
India needs $4.5 tn for infrastructureThe Hindu
India faces infrastructure investment gap of $526 bn by 2040: Economic SurveyVCCircle
India to face $526 billion infrastructure investment gap by 2040: Economic SurveyLivemint
Financial Express -NDTV -Scroll.in
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Heat wave leaves thousands of Australian homes without power ... - The Indian Express

Mon, 29/01/2018 - 3:05pm

The Indian Express

Heat wave leaves thousands of Australian homes without power ...
The Indian Express
The latest blackouts were caused by grid failures, rather than supply shortages, which had sparked a national debate over the nation's rush to adopt renewable energy at the expense of coal-fired generation.

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Markets Live: Sensex scales new high of 36444; Nifty hits 11167 - Hindu Business Line

Mon, 29/01/2018 - 2:12pm

Financial Express

Markets Live: Sensex scales new high of 36444; Nifty hits 11167
Hindu Business Line
The S&P BSE Sensex surged to an all-time high of 36,443.98 and the Nifty50 scaled a new peak of 11,166.95 as the Economic Survey has pegged India's GDP growth rate between 7 per cent and 7.5 per cent. At 2 pm local time, the 30-share BSE index Sensex ...
Market Live: Sensex jumps 393 pts, Nifty peaks 11171 as Indian Economic Survey 2018 sees FY19 GDP growth at 7 ...Financial Express

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Agriculture sector to grow 2.1%: Can it double farm income by 2022? - Economic Times

Mon, 29/01/2018 - 1:27pm

Economic Times

Agriculture sector to grow 2.1%: Can it double farm income by 2022?
Economic Times
India's agriculture sector is likely to grow at 2.1 per cent in 2017-18, followed by Industry (4.4 per cent) and services (8.3 per cent), according to the Economic Survey 2017-18 which tabled in Parliament on Monday. Economic Survey indicated that the ...
Climate change may cut farm income by 20-25%: SurveyIndia Today
Economic Survey predicts 7-7.5% growth in 2018-19The Hindu
India needs $ 4.5 trillion by 2040 to develop Infra:Eco SurveyOutlook India
Financial Express -Khaleej Times
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Leaving Electricity Out of GST Regime Costs Indians Nearly Rs 30000 Crore a Year - The Wire

Mon, 29/01/2018 - 1:00pm

The Wire

Leaving Electricity Out of GST Regime Costs Indians Nearly Rs 30000 Crore a Year
The Wire
Power producers cannot claim credit for taxes and cess paid on coal and coal transportation due to exclusion of electricity from the new indirect tax regime. The applicable GST rate on coal is 5%. Furthermore, the dry fuel attracts clean cess of Rs 400 ...

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Modi on right track to make India world power - Daily Pioneer

Sun, 28/01/2018 - 12:18am

U.S. News & World Report

Modi on right track to make India world power
Daily Pioneer
Likewise, by reaching out to Africa and establishing India's connect with that continent, the Modi Government has achieved three things. First, he has done the groundwork for Indian companies to go out and find new markets for their goods and services ...
India, ASEAN Leaders Agree to Boost Maritime CooperationU.S. News & World Report
India will help build the world's largest trade bloc with AseanThe National
India marks Republic DayYeni Şafak English

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Government to consolidate large subsidiaries of PSUs into single unit - Economic Times

Sat, 27/01/2018 - 8:04am

Economic Times

Government to consolidate large subsidiaries of PSUs into single unit
Economic Times
Emails sent to PFC, REC and NTPC remained unanswered until the publication of this report. Other companies could not be contacted immediately for comments.

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Telangana IT minister KT Rama Rao throws light on T-Fibre project at Davos - The New Indian Express

Sat, 27/01/2018 - 7:54am

The New Indian Express

Telangana IT minister KT Rama Rao throws light on T-Fibre project at Davos
The New Indian Express
... and talked about Telangana leading in the solar power sector and highlighted the Telangana government's power policy. Tulsi Tanti, Chairman of Suzlon Group communicated his interest in setting up of a power plant in Telangana. The Minister also met ...
KTR becomes only State Minister on elite WEF panelTelangana Today

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