Indian Power Sector News

IDFC infrastructure fund set to buy First Solar's India portfolio for $300 million - Economic Times

Sun, 30/07/2017 - 11:57pm

Economic Times

IDFC infrastructure fund set to buy First Solar's India portfolio for $300 million
Economic Times
... to make its biggest acquisition till date by taking over the entire 200 megawatts of First Solar's operational portfolio of solar power projects in India for around Rs 1,950 crore ($300 million) as consolidation picks up momentum in the renewable ...

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'Competitive bidding positive for wind industry in the long run' - Hindu Business Line

Sun, 30/07/2017 - 9:44pm

Hindu Business Line

'Competitive bidding positive for wind industry in the long run'
Hindu Business Line
Vikram Kailas, Managing Director and CEO at Mytrah, believes the move from feed-in-tariffs to competitive bidding points to the growing maturity of the Indian wind power sector. “While the bidding mechanism is likely to lead to pressures on the revenue ...

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Investment worth Rs 1325 crore gets government approval - The New Indian Express

Sun, 30/07/2017 - 11:08am

Investment worth Rs 1325 crore gets government approval
The New Indian Express
The Mini Ratna central public sector enterprise of the Ministry of Power has proposed to invest `945 crore in the project which will create job opportunity for 205 people. The unit is likely to start operations from December, 2019, sources said. Tamil ...

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Education loans add to banking sector's NPA problem - The New Indian Express

Sun, 30/07/2017 - 8:21am

The New Indian Express

Education loans add to banking sector's NPA problem
The New Indian Express
In an objective to have universal access to financing, the concept of disbursing education loans was pushed the most by former finance minister P Chidambaram when the United Progressive Alliance government was in power. RBI has also been highlighting ...

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Rajghat plant to be power museum - Times of India

Sun, 30/07/2017 - 1:56am

Times of India

Rajghat plant to be power museum
Times of India
"There are plans to remove some of the existing machinery and use the space for display of the equipment used in the power sector and how it has evolved with time. Since the backdrop will be formed by a former electricity generation plant, it will turn ...

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RBI gives approval to NPCI to operate Bharat Bill Payment System - Kasmir Monitor

Sun, 30/07/2017 - 12:09am

Kasmir Monitor

RBI gives approval to NPCI to operate Bharat Bill Payment System
Kasmir Monitor
Mumbai: National Payments Corporation of India (NPCI) said it has received final approval from the Reserve Bank to function as the Bharat Bill Payment Central Unit (BBPCU) and operate Bharat Bill Payment System (BBPS). "Nearly 45 crore bills, which ...

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What power means to India's 'Most Influential' stars - The Statesman

Sat, 29/07/2017 - 9:32pm

The Statesman

What power means to India's 'Most Influential' stars
The Statesman
The year 2017 seems to be a hat-trick year for many celebrated Indian personalites, including entertainment mavericks to whom power means inner strength which empowers them to give the best to the world, and staying meaningful is being influential ...

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Centre seeks inputs on trade, industrial policies, services - The Hindu

Sat, 29/07/2017 - 6:55pm

The Hindu

Centre seeks inputs on trade, industrial policies, services
The Hindu
In her address, Commerce Secretary Rita Teaotia said, “India needs to generate good quality manpower in large numbers at all stages of the knowledge pyramid if it has to become globally competitive in the manufacturing sector. ... These include, among ...

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There's earnings risk in FY18, focus on FY19: Surendra Goyal, Citi India - Economic Times

Sat, 29/07/2017 - 3:08pm

Economic Times

There's earnings risk in FY18, focus on FY19: Surendra Goyal, Citi India
Economic Times
Talking to ET Now's Nikunj Dalmia, Surendra Goyal, Head Equity Research, Citi India says people are expecting a big recovery next year. That is where we really need to monitor if there are any challenges. If there is any disappointment there, people ...

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Business Wrap: CESC investing Rs 1000 cr in power sector; Indian Railways to add 15000 upgraded coaches & more - NewsX

Sat, 29/07/2017 - 10:09am

Business Wrap: CESC investing Rs 1000 cr in power sector; Indian Railways to add 15000 upgraded coaches & more
NewsX
RP-Sanjiv Goenka Group flagship company CESC Ltd has said that it will invest Rs 1,000 crore in power sector as capital expenditure in the current fiscal. Rs 600 crore ouit of this investment will be allotted for West Bengal. Goekna said they would ...

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Worries beyond China - The Indian Express

Sat, 29/07/2017 - 12:10am

The Indian Express

Worries beyond China
The Indian Express
In short, though Bhutan stands to gain more disputed territory and also solve the border issue with China, it has steadfastly not done so in 24 rounds of border talks from 1984 onwards, so as to protect India's security interests in the western sector ...
Why tiny Bhutan remains the wild card in China's border standoff with IndiaSouth China Morning Post
Doklam: China's Anxieties and Domestic Dissidents May Have a RoleThe Quint

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NPCI gets RBI nod to operate Bharat Bill Payment System - Livemint

Fri, 28/07/2017 - 10:32pm

Livemint

NPCI gets RBI nod to operate Bharat Bill Payment System
Livemint
Major public sector banks including State Bank of India (SBI) are still under certification. “The real impact would be visible only when SBI joins,” added Hota. At present the bulk of transactions on BBPS are towards payment of electricity bills. The ...
NPCI receives final nod from RBI to function as Bharat Bill Payment ...Hindu Business Line
NPCI gets final nod to operate Bharat Bill Payment SystemEconomic Times
NPCI acquires final nod from RBI to operate as Bharat Bill Payment Central UnitBFSI Post Magazine | Elets

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NPCI gets RBI nod to function as Bharat Bill Payment Central Unit - Times of India

Fri, 28/07/2017 - 7:04pm

Economic Times

NPCI gets RBI nod to function as Bharat Bill Payment Central Unit
Times of India
CHENNAI: National Payments Corporation of India (NPCI) on Friday said that the Reserve Bank of India has given it permission to function as Bharat Bill Payment Central Unit (BBPCU), handling more than 45 crore utility bills ranging from electricity ...
NPCI receives final nod from RBI to function as Bharat Bill Payment ...Hindu Business Line
NPCI gets final nod from RBI to process BBPS paymentsEconomic Times
NPCI acquires final nod from RBI to operate as Bharat Bill Payment Central UnitBFSI Post Magazine | Elets
The Indian Wire
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Opinion | China Will Never Accept India as a Rising Power in Asia, Cooperation Seen as Cowardice - News18

Fri, 28/07/2017 - 6:13pm

News18

Opinion | China Will Never Accept India as a Rising Power in Asia, Cooperation Seen as Cowardice
News18
The Doklam incident has led to the Chinese Army to move tens and thousands of tonnes of military hardware into the remote mountainous Tibet Regions after the standoff with Indian Troops in the Doklam Area in the Sikkim Sector, the mouthpiece of the PLA ...

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India contributes to Amazon's 77% profit plunge: Why company will still continue to invest here - Firstpost

Fri, 28/07/2017 - 4:00pm

Firstpost

India contributes to Amazon's 77% profit plunge: Why company will still continue to invest here
Firstpost
Seattle-based Amazon, known for its strategy of investing in the future, has reported a 77 percent plunge in profits to $197 million from $857 million a year ago in the second quarter. The sharp fall in profit has been attributed to the investments the ...

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Jet Airways: Power Wings - BW Businessworld

Fri, 28/07/2017 - 2:40pm

BW Businessworld

Jet Airways: Power Wings
BW Businessworld
Jet Airways: Power Wings ... The survey has ranked the country's second largest airline with a domestic market share of over 17.5 per cent as of June, at the top in the aviation sector. “We have faced tough challenges and been tested by extraordinary ...

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NPCI gets final nod from RBI to process BBPS payments - Economic Times

Fri, 28/07/2017 - 2:29pm

Economic Times

NPCI gets final nod from RBI to process BBPS payments
Economic Times
The power sector potentially contributes to about 18 crore bills per month out of which only 10 percent is digital. The likelihood of meeting the target of generating 25 billion digital transactions during the current financial year depends critically ...
NPCI receives final nod from RBI to function as Bharat Bill Payment Central UnitHindu Business Line
NPCI gets RBI nod to function as Bharat Bill Payment Central UnitTimes of India
NPCI acquires final nod from RBI to operate as Bharat Bill Payment Central UnitBFSI Post Magazine | Elets

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NPCI gets RBI nod to function as Bharat Bill Payment Central Unit - Zee Business

Fri, 28/07/2017 - 12:52pm

Zee Business

NPCI gets RBI nod to function as Bharat Bill Payment Central Unit
Zee Business
At present the bulk of transactions on BBPS are towards payment of electricity bills. The power sector potentially contributes to about 18 crore bills per month out of which only 10% is digital, NPCI said. "The likelihood of meeting the target of ...

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$4.5 trillion investment talk creates a solid turf for multibagger hunters - Economic Times

Fri, 28/07/2017 - 12:22pm

Economic Times

$4.5 trillion investment talk creates a solid turf for multibagger hunters
Economic Times
The Global Infrastructure Hub, a G20 initiative with the goal of increasing the flow and quality of private and public infrastructure, says India has an infrastructure investment need of $4.5 trillion by 2040, which makes it the second largest ...

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