Page 17 - Power Sector

Recovery tracker: Power, freight indicators show strong gains over 2019

Many of the macroeconomic indicators that track broad activity, such as gross domestic product, are released with a lag.

Clearing dues from the government

The release of pending dues from statal entities can itself be a fiscal stimulus

Piyush Goyal holds discussions with top leadership of coal and power sector

Goyal held a meeting with top leaders of the coal and power sector to ensure consolidation of the coal business of Railways and to suggest ways to further improve the joint operational productivity

Goyal meets top brass of coal, power sectors to consolidate rlys' coal biz

Coal accounts for almost 50 per cent of the freight of the railways

J&K govt to raise Rs 11,000 cr to liquidate liabilities in power sector

The decision was taken at the meeting of Jammu and Kashmir Power Corporation Ltd''s board of directors (JKPCL)

Power major DVC moots 1,776-MW floating solar projects to add capacity

State-owned thermal power major Damodar Valley Corporation (DVC) will focus only on solar projects to add capacity, a top official said. It has already mooted 1776-MW floating solar projects in four of its dams in West Bengal and Jharkhand, the two states that jointly own the corporation along with the Union government. DVC has finalised a 50-MW solar project at Panchet (West Bengal), the tender for which has been floated, he said. "We will execute 1776-MW floating solar plants in the four dams of Maithon, Tilaya, Konar and Panchet. The project will be executed in three phases and the first will be of 50MW," DVC member secretary Prabir Kumar Mukhopadhyay told PTI. He said the company has zeroed in on the L1 bidder for the Panchet project and the work order will be finalised in early October. The feasibility study of the solar projects, which are likely to utilise about 15 per cent of their capacities, was carried out by the Solar Energy Corporation of India. Mukhopa

Just 2 papers for power connection: Govt drafts easier, user-friendly rules

Among a slew of consumer-centric rules, the ministry has proposed to give those who have set up rooftop units or solarised their irrigation pumps the right to produce electricity for self-use

Hits trump misses in power firms' $4.4-billion acquisition spree

Acquisitions by Tata Power, Adani Power & JSW Energy were profitable in FY20

REC seeks shareholders' nod to raise borrowing limit to Rs 4.5 trillion

"The consent of the Members is sought for increasing the borrowing limit from Rs 3.5 trillion to Rs 4.5 trillion to cover the further requirement of borrowings," as per the AGM notice

Centre, states to share cost of Rs 3-trillion discom reform scheme

Umbrella scheme to include grants for schemes of IPDS, DDUGJY, and have loss-reduction targets

India's power output falls for sixth straight month in August, show data

In the second half of August, electricity generation declined 4.5%, compared with a 2.6% increase during the first fifteen days of the month.

GDP data: No surprises here; need different policy measures to stem the rot

The only sector to show growth is agriculture, while the government sector disappointed with public admin de-growing by 10.3 per cent

Energy companies go green, change tack from coal to renewables

Covid has brought to fore the need for sustainable development. A two-part series examines the shift in energy sector

Coal India's fuel supply to power sector drops about 20% in April-July

State-owned Coal India's fuel supply to the power sector registered a decline of 19.5 per cent to 126.30 MT in the April-July period of the ongoing fiscal in the wake of slump in coal demand

India will need to find jobs for additional 90 mn, says McKinsey report

The figures do not include 55 million women who may come back to the labour force to "partially correct the historical underrepresentation"

J-K Power Development Corp approves work plan of Rs 1,276.69 crore

The Jammu and Kashmir State Power Development Corporation (JKSPDC) on Wednesday approved a work plan of Rs 1,276.69 crore for the current financial year. In a meeting, the board of directors of JKSPDC maintained that hydropower is the most promising revenue generating sector of the UT and exploiting it optimally could address many of the woes of J-K. "The Board of Directors (BoD) of JKSPDC consented for an ambitious working plan for the year 2020-21 with an outlay of Rs 1276.69 crores for creation, renovation and maintenance of assets of the Corporation," an official spokesman said. The meeting was chaired by Baseer Khan, advisor to Lieutenant governor, and attended by senior officials of the corporation and government. The board decided that from here onwards the directors would meet every three months. It was also decided that all the accounting issues should be cleared within a month and balance sheets prepared and tabled in the next meeting, the spokesman said. The board of

Companies' total expenditure plummets 24% in three months to June

Some of this may have to do with pruning of some costs that they would have otherwise incurred, had business been normal; analysis looked at 402 firms that have declared June results

CG Power: Investors should keep an eye on progress in deal completion

A strong partner should help business growth; further gains hinge on pricing, deal completion

India's power output rises 2.6% in early Aug for first time in five months

Power generation from coal - India's primary source of electricity - rose 4.2% in the first fifteen days of August, the data showed

Peak power demand declines further by 5.65% in first fortnight of August

Peak power demand met, which is the highest energy supply during a day across the country, was at 167.49 GW in the first fortnight of August