Page 4 - Power Companies

Bumps ahead

The inherent weaknesses of India's power sector are getting exacerbated in this scenario

Covid-19: Under Rs 18,000 cr loss, power discoms looking at a bleak future

The current lockdown period has hit the finances of the discoms with the high-paying industrial and commercial customers are shut for almost a month

Prices are same, but power companies look to foreign shores for coal

Distress purchase and Colombian shipments are some of the new sourcing strategies

Govt marginally reduces investments by seven power PSUs to Rs 44,468 crore

Satluj Jal Vidyut Nigam will invest Rs 2,880.00 crore in 2020-21 compared with Rs 1,200 crore budgeted for 2019-20

Budget 2020: Powermen red flag any 'privatisation' attempt by govt

To be named as Atal Distribution System Improvement Yojana (ADITYA), the scheme is likely to be introduced in Union Budget, since the previous Ujwal Discom Assurance Yojna (UDAY) is expiring in March

Power firms see industrial data centres as new-age demand drivers

Electricity consumption of such units is more than that of a small village

Adani Transmission wins project to develop a 400 kV substation in Mumbai

The project is likely to ease transmission congestion and carry more power to meet the city's future electricity needs

Better rainfall led to lower thermal power demand in October: Minister

Overall power generation grew by 7.4 per cent in the first quarter and 1.6 per cent in the second quarter of the current financial year

Centre drafts franchisee model for power supply, urges states to take it up

The plan proposes a "light-handed approach" towards franchisees to incentivise, discount and set tariff (within stipulated range) for electricity supply in an area

Power gencos' outstanding dues on discoms rise 57% to Rs 78K cr in August

Power producers give 60 days' time to discoms for paying bills for the supply of electricity. After that, the outstanding becomes overdue and generators charge penal interest on that in most cases

High Court breather for Andhra Pradesh renewable power companies

Dismisses panel formed to review tariffs for buying power

Power engineers demand audit of privatised assets, impact on banks

Public sector technocrats oppose alleged privatisation of power supply channels

IL&FS to RKM Power, six stressed power projects move courts to buy time

Sources said SBI AND PNB had separately written to the RBI seeking more time for getting consensus of other lenders on a resolution plan for the stressed power assets