Page 23 - Power Sector

New power sector distribution scheme to have a capital outlay of Rs 2 trn

Multiple power supply franchisees to be part of scheme

REC raises $500 mn via unsecured notes to lend to power sector companies

The settlement date for the notes is expected to be December 12, 2019

Andhra govt blames former CM Chandrababu Naidu for power sector's losses

State asks Centre to give subsidized loan to meet Rs 18,000-crore dues

Rs 4,100-crore EPF scam: UP power employees begin 48-hour work boycott

Yogi government warns workers against arson, disrupting power supply

Niti's National Energy Policy to be umbrella plan for all energy ministries

National Energy Policy to become guiding policy for half a dozen ministries

CESC drops plan to demerge power generation and distribution business

Shashwat Goenka inducted to the board of CESC as its vice-chairman and additional director, subject to the necessary approvals

CG Power enters into inter-creditor pact, calls off merger with subsidiary

CG Power has asked firms linked to promoter Gautam Thapar to return Rs 3,300 crore

Tata Power arm to set up 10,000 microgrids, help electrify 5 million homes

The TP Renewable Microgrid would be set up in collaboration with Rockefeller Foundation

Govt may bring plan to prevent Rs 1-trn power sector debt from becoming NPA

Government sources said that Power and Petroleum Ministries are in the final leg of drafting the new subsidy scheme

Govt's franchise model in power supply will interest private firms: Experts

However, some say the benefits have not been encouraging and full privatisation might be better

To boost economy, Centre must pave way for tendering: Siemens MD and CEO

Some of the measures taken (by the government) are absolutely the right signals, said Mathur

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 sector to save Rs 2,500 cr annually due to corporate tax cut: ICRA

Also, state-owned power generating companies and power transmission companies, would be benefited from the lower tax incidence

High Court breather for Andhra Pradesh renewable power companies

Dismisses panel formed to review tariffs for buying power

Govt's decision to cut corporation tax likely to impact power bill

The source of power, renewable or non-renewable, and the nature of the market, regulated or merchant, will be a factor in deciding whether the cost would go down

Rationalise tariffs, don't blame renewable: Power minister to Andhra govt

This is the second letter in two months by the Union ministry to the Andhra Pradesh government after the state decided to review all the renewable power projects, citing high costs

India will again become the top investment destination: Power minister

He says private investment will come back to the sector in one year as the government has created demand from 26.5 million households through a single programme apart from taking other measures

India's 5-yr power plan: Move away from generation; focus on supply

Focus to be on affordable supply, optimum source mix, and T&D reforms

Discoms may be asked to pay 50% advance payments to power companies

The ministry of power on June 28 had issued an order mandating opening and maintaining of letter of credit as a payment security mechanism

Why the demand for power is surging despite India's growth slowdown

Data on diesel, another fuel closely tied to industrial performance, offers more evidence of the slowing factory demand