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  Multibagger stock: Brokerage predicts further upside amid buoyancy in coal demand to meet energy nee

  Business | December 14, 2023 9:11 IST

  With expectations of strong performance in H2FY24, driven by robust demand prospects amid industrial growth and increased power consumption, the brokerage sets a target of Rs 87 for the stock, which is currently trading around Rs 64.

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  Uttar Pradesh: Power sector workers to observe strike on March 28, 29

  India | March 23, 2022 17:04 IST

  The decision to observe a two-day strike was taken in a meeting of the National Coordination Committee of Electricity Employees and Engineers.

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  Madhya Pradesh power sector employees boycott work ahead of Diwali

  India | November 01, 2021 13:17 IST

  The Madhya Pradesh United Forum for Power Employees and Engineers (MPUFPEE) had given a call for the protest last week.

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  Government releases guidelines for cybersecurity in power sector for the first time

  India | October 07, 2021 21:53 IST

  Under the direction of Union Power and New & Renewable Energy Minister R K Singh, the Central Electricity Authority (CEA) has prepared the guidelines for cybersecurity in the power sector and it was released on Thursday, the power ministry said in a statement.  

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  Power sector employees threaten strike against Electricity Bill

  India | February 15, 2021 8:16 IST

  The All India Power Engineers Federation (AIPEF) has demanded that the Electricity (Amendment) Bill, 2021 must be put out in the public domain before starting the discussion on it in Parliament.

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  Budget 2019: New power projects may get investment-linked deductions

  Budget | June 17, 2019 16:09 IST

  The move is expected to bring investments into a sector considered crucial for economic growth. Money flows into greenfield power projects have dried out as work on several upcoming and newly commissioned projects have come to a grinding halt over financing and fuel-related issues.

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  Banks stare at $38 bn new dud loans from power sector: Report

  Budget | April 04, 2018 20:12 IST

  About 43 per cent of loans are extended to the power generation sector, followed by distribution at 37 per cent and transmission at 20 per cent, the report said.

   

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  In biggest debt reduction by an Indian corporate, RInfra inks Rs 18,800 cr deal to sell Mumbai power business to Adanis

  Business | December 21, 2017 17:01 IST

  While the total deal value of the sale of Reliance Energy is Rs 13,251 crore, regulatory assets estimated at Rs 5,000 crore and net working capital on closing estimated at Rs 550 crore would also accrue to RInfra.

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  Govt to soon allow consumers to switch power service companies

  India | December 03, 2017 20:16 IST

  Consumers will be able to change their power suppliers just like telecom services, after proposed amendment to the existing Electricity Act is approved, Union minister R K Singh said.

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  Stricter penalties for non-payment of electricity bills in offing as govt proposes changes to Electricity Act

  Business | October 27, 2017 10:52 IST

  The proposed amendment bill will include penalty provisions, stricter enforcement of PPAs and RPOs, Power minister R.K. Singh said.

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  Power transmission top choice for infra investment; highways, renewable energy next: Crisil

  Business | October 26, 2017 16:53 IST

  India needs to spend over Rs 50 lakh crore on infrastructure creation in key sectors over the next five years, Crisil said.

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  Coal linkages may automatically get transferred to new super critical projects

  February 18, 2016 17:26 IST

  New Delhi: Coal linkages granted to old power projects will now be automatically transferred to the new plants of super critical capacity as the government aims to provide round the clock electricity to all."In view

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  Indian power sector at turning point: World Economic Forum

  January 19, 2016 20:44 IST

  Davos: India's power sector is at an "inflection", or turning point, while most of its electricity consumed in the next two decades will come from burning fossil fuels, the World Economic Forum (WEF) said on

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  Green issues 'hijacking' growth in power sector: Arunachal CM ‹

  Politics | January 11, 2015 12:51 IST

  New Delhi: Concerned over green issues "hijacking" potential growth in hydropower sector, Arunachal Pradesh Chief Minister Nabam Tuki has asked the Centre to take proactive steps for expediting early environmental clearance to power projects.Tuki said

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  Manufacture growth revival a major challenge: Arun Jaitley

  January 07, 2015 8:38 IST

  New Delhi: Finance Minister Arun Jaitley on Tuesday said infrastructure sectors like coal, power and cement have been recording double digit growth in the last few months, whereas reviving manufacturing growth remains a major challenge."Reviving

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  Power sector needs over $250bn investments: Report

  September 29, 2014 9:18 IST

  New Delhi: India needs investments of over $250 billion for development of the power sector in the next three years, says a report."Total investment of over $250 billion is required for development of the power

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  FICCI slams states' moves to curb open access in power sector

  April 07, 2014 23:54 IST

  New Delhi: The Federation of Indian Chambers of Commerce and Industry (FICCI) Monday strongly opposed the recent move by states to curb competition in the power sector and restrict open access.“FICCI strongly opposes the recent

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  No Gas To Power Sector From ONGC Fields, Says EGoM

  February 24, 2012 22:38 IST

  New Delhi, Feb 24: Dashing hopes of the power sector, an Empowered Group of Ministers (EGoM) today decided not to divert ONGC-produced APM gas from non-priority sectors, like petrochemical units, to electricity plants as volumes

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  Rs 56,000 Cr Risk In Power Sector, Crisil Calls For 50 pc Rate Hike

  October 20, 2011 13:42 IST

  Mumbai, Oct 20: Leading rating agency Crisil has warned that unless government brings about urgent reforms in the power sector, especially on retail pricing and raw material supply fronts, lenders would be risking Rs 56,000