Page 26 - Power Sector

Power tariff soars to a decade high of Rs 17.61 a unit in spot market

According to the IEX data, the previous high was recorded at Rs 17 per unit in August 2009

1.5 million powermen to go on strike against 'privatisation' policies

Powermen also up in arms against Electricity (Amendment) Bill, 2014

Indian banks to plan resolving $19 bn power sector debt on Thursday

The decision is the latest in a tussle between power project developers, lenders and the Reserve Bank of India

PTC to conduct second round of power procurement, seeks partners for PEL

Plans to go the whole hog into trading through power exchange in a tie-up with ICICI and Bombay Stock Exchange

States ready to pay to meet peak demand, but where are the power sellers?

There are 14,000 Mw of gas-based power units shut, 8,000 Mw running at 40 per cent PLF; 40,000 Mw of private coal-based plants are on verge of sale or insolvency

Committee for stressed power sector looks for options after SC order

The committee does not have a back-up body, except the warring ministries and RBI to provide expert guidance

Govt urges states to raise power purchase; plans to revive stalled projects

Officials said they are looking at short-term measures for resolving issues like coal supply and payment by states

Allahabad High Court order fails to resolve all issues of power sector

A high-level committee under Cabinet Secretary P K Sinha will also come up with a report on power sector woes within two months

Nearing resolution of Rs 170-bn NPAs in power sector: SBI MD Arijit Basu

When asked about public sector banks requiring more autonomy, Basu said SBI is a well governed bank with a very strong board

RBI is right

Govt should reconsider its stand on power sector defaults

Troubled power corps irked over govt's move to export 300 Mw to Bangladesh

NTPC-DVC combine has been given approval to supply power to the neighbouring country

Power sector NPAs: Govt, RBI's different stand in HC could create confusion

The government stand in the court came despite RBI representatives repeatedly turning down the request in their meetings with the Department of Financial Services and the Ministry of Power

Par panel suggests new framework for stressed assets in power sector

The banks are required to ensure resolution plans within 180 days after default

'Zombie' power plants: A financial time-bomb that may torpedo Indian banks

The most intractable bad loans, the ones the bad bank is meant to deal with, are concentrated in one sector: power

Power loan provisions by PSBs likely to touch $400 bn in September quarter

Power ministry panel had listed 34 coal-fired plants as stressed assets

Shimla to host State Power Ministers' conference as deadline looms

Centre will also discuss with the states the status of coal supply and stock and flexibility

Why the Insolvency and Bankruptcy Code should remain sector-agnostic

Power companies' plea for differential treatment doesn't have merit

RBI relief unlikely for stressed power sector; govt to work on reform plan

The Centre is likely to push for debt restructuring and reform schemes to resolve issues plaguing private power producers

Power demand touches record high as temperature soars across India

On May 23, India recorded a cumulative power demand of 170,121 Mw, which is around 8 per cent higher than the same month last year

Tata Power, Adani, ReNew Power jostle for space in Odisha to set up units

The project will be developed in a non-solar park model, where bidders are given a free hand to choose their land