Page 19 - Power Sector

Five years on, govt's UDAY scheme fails to power bleeding discoms

Shreya Jai compares five-year data that reveals deterioration in the health of discoms

We don't see pandemic significantly impacting our business: Tata Power

Firm only sees coal mining operations being affected, Mundra to remain untouched

Only T&D exempt, transactions between power utilities may attract GST: AAR

However, no GST on transaction of funds between companies by way of repayment of existing loans, or availment of fresh loans without any interest component

China ban positive for thermal players, but solar power to turn costlier

With limited domestic solar cell capacities, power tariffs may rise 25-30 paise a unit

Adani Transmission to buy Kalpataru's transmission asset for Rs 1,286 cr

Adani Transmission says Alipurduar Transmission acquisition will bolster its position as the largest private sector transmission company in India.

Chinese firms dominate power infra in states; industry warns of data breach

Under these projects, Chinese companies have access to all power supply feeders, demand-supply information, and critical power infrastructure in the respective area, which can be controlled remotely

Top headlines: CBDT, CBIC merger on cards, China dominates power sector

Government aims to cost cuts, scientists warns Covid-19 could be airborne and India's IT sector is forced to lay off employees.

Power demand falls to 2.6% in July; experts hope normal levels by August

According to power ministry data, peak power demand met was recorded at 170.54 GW on July 2, which is just 2.61 per cent lower than 175.12 GW in July 2019

Modi govt bans power gear imports from China amid border stand-off

The electric equipment industry, in its representation to the ministry, had earlier flagged the threat of cyberattacks by China

India's power companies face cash crunch after PFC rating cut to junk

Electricity projects, already reeling under precarious finances, could see borrowing costs soar if Power Finance isn't able to access the dollar bond market or raises funds overseas

Atmanirbhar loan may touch Rs 1.25 trillion: Power minister R K Singh

The special loan is aimed at clearing dues of discoms towards Centre-owned and private power generation units.

Chinese imports, UDAY scheme on agenda of power ministers' meet on July 3

"We have reports that malware and Trojan horse can be installed which can be activated remotely to bring down the power sector and the economy," R K Singh said

India's electricity output signals recovery in June, shows govt data

June power generation fell 9.9%, a Reuters analysis of daily load despatch data from federal grid operator POSOCO showed, compared with a 14.3% decline in May.

Hitachi completes merger of its JV business unit with Power India

The merger follows the completion of the global merger of the energy business vertical of the Swiss major with the Japanese conglomerate.

Power consumption dips 9.74% to 106.48 bn units in June due to lockdown

The months of April, May and June this year witnessed low power consumption on account of lower commercial and industrial activities due to Covid-19-related restrictions

Unlock 1.0: High power bills irk consumers, celebs take to social media

Discoms start campaign to educate about provisional bills, urge self meter reading

NTPC registers 14% increase in PBT in FY20 amid low power demand

Gross power generation & PLF witness fall, income rises by only 9%

Why smart meters are imperative for discoms

The Covid-19 crisis is also an opportunity for accelerating the rollout and adoption of smart metering

Power sector hopes for reforms at state level as Centre curbs imports

Given the federal structure in the power sector, most states float tenders different from the Centre and adopt separate selection criteria, mostly tilting towards low cost.

Adani Power buys 49% stake in Odisha Power Generation Corp from US firm

Odisha holds the balance 51% in OPGC which operates the 1,740 Mw thermal power plant at Banharpalli in Jharsuguda