Page 15 - Power Sector

Govt proposes Rs 3.05 trn scheme to revive power distribution companies

The FM also proposed a framework to provide electricity consumers option to choose from service providers

Power employees to boycott work on Feb 3 against govt's privatisation

Intensifying stir against the Centre's privatisation policy, 15 lakh power employees of the country would resort to "work boycott" on February 3, the All India Power Engineers Federation (AIPEF) said.

Power demand hits all-time high on Saturday, indicating economic revival

Last week, Power Minister R K Singh had exuded confidence that power demand will cross 200 GW mark soon

RattanIndia Power reports Rs 66 crore loss in December quarter

The firm reported a consolidated net loss of Rs 66.09 crore in the December quarter

Power generation may further improve in fourth quarter: Ind-Ra

Power generation in the country would continue to grow in fourth quarter of this fiscal year, rating agency Ind-Ra said in a report

Investors bet big on Adani Green, but risk-reward outlook is open question

Share of AGEL, which is into solar and wind power, jumped over six times in 2020 versus a gain of 10% for the NSE's Nifty 100 Index - the first and only green energy company to do so in India

Coal India says geared up to meet surge in fuel demand from power sector

State-owned Coal India Ltd said that it is well geared to meet any surge in demand for coal from the power sector

Power demand at all-time high of 187.3 GW: Power Minister R K Singh

This highlights the growing strength of the economy, Singh said

Reliance Power third quarter profit increases 6% to Rs 52 crore

The profit rise was mainly helped by higher revenues.

Power demand touches all-time high of 185.82 GW, says Secretary S N Sahai

All-India power demand on Wednesday morning touched a record high of 185.82 gigawatts (GW)

FinMin allows Madhya Pradesh to raise Rs 1,423 cr through market borrowing

This comes after the state implemented power sector reforms

CERC plans to embrace AI, machine learning to improve functioning

First quasi-judicial body to strengthen its digital back-end

Budget 2021-22 wishlist: Here are the key challenges in power sector

The prices of short-term power traded on the power-exchanges remained steady over a moderate range (12%) during the year

Two BSES discoms pay Rs 400 cr in dues to NTPC-owned Aravali Power

Last week, NTPC served notices to six states and two Union Territories for non-payment of dues, saying it would shut off or restrict power supply if the discoms failed to clear their dues

Power sector regulator to embrace AI, machine learning to boost functioning

The CERC will be the first such quasi-judicial regulatory body to embrace AI and machine learning (ML)

Power Min launches energy efficiency labels for air compressors, UHD TVs

Power Minister RK Singh on Monday launched Bureau of Energy Efficiency's star labelling programme for air compressors and ultra high definition televisions (UHD TV)

Reliance Infra sells 74% stake in PKTCL worth Rs 900 cr to IndiGrid

The deal was announced in November 2020

Power Finance Corp to sell bonds worth $1.4 billion to individual investors

Power Finance Corp. has filed a draft prospectus for a 100-billion-rupee offering ($1.4 billion), and plans to raise the entire sum this quarter

Infra may get Atmanirbhar nudge in Budget as govt looks to spur growth

Any significant increase beyond 10 per cent year-on-year (YoY) may be difficult over the next three to four years, given the limited fiscal space

Delhi's peak power demand crosses 5000 MW mark, highest this season

Delhi's peak power demand soared to the highest this winter at 5021 MW on Friday, discom officials said