Page 5 - Power Sector

Taxing times for solar power as govt frowns at imports, pushes local

A new tax on solar equipment imports plus mandatory purchase of local modules will raise costs significantly and dim the outlook for meeting green energy targets

Can Indian power sector afford coal imports to meet spike in demand?

State discoms remain financially stressed and are against imports, while domestic coal availability is under pressure

Red marks in green power plans amid lack of reform in electricity pricing

The lack of market reform in electricity pricing has limited states' ability to expand capital expenditure on the critical transition to clean energy

India's post-pandemic electricity generation growth outpaced peers

Like India, multiple lower middle income countries face power outages

Gencos have started coal import related process, says power minister

Replying to a question on the issue, the minister said "most of the states have started (the process), in fact every state has started."

Banks to take Rs 37,200-cr hit by liquidating 10 power projects: BofA

Combined capacity is 10.5 Gw; projects fail to find any takers under insolvency process

Decline in coal imports in FY22 due to less buying by power sector: Govt

The government on Thursday said the drop in coal imports in FY'22 was mainly on account of the power sector's inbound shipments declining.

Nava Bharat Ventures zooms 33% in 4 days on robust Q4 results

The company reported robust growth in its operations, backed by solid traction in manganese alloy business in both export and domestic markets.

Top headlines: Govt warns cab aggregators, volatility in power stocks

Here are the top business stories on Wednesday

Power sector stocks may see lot of volatility even as demand remains strong

Cost of inputs and funds, working capital needs and sales-mix key factors to influence prospects

Tata Power dips 9% on heavy volumes post March quarter results

The company received approval for merger of Coastal Gujarat Power Limited (CGPL) into Tata Power and signed binding agreement for investment in India's most comprehensive renewable energy platform.

Power crisis not one of capacity but delayed coal deliveries to generators

India's climate plans since November reveal slow progress towards meeting renewables target and an exponential expansion of thermal generation in the face of a power crisis

India's dependence on coal based power is proving to be very expensive

The situation cries out for more global investment in India to retire coal, buy out existing contracts, compensate affected communities and switch to renewables

Mumbai's power woes to end with new transmission line set for commissioning

With an investment of Rs 8,900 cr, Mumbai's electricity supply to get a boost with new transmission lines

India turns to expensive foreign gas to ease its power supply crunch

While natural gas makes up just a small portion of India's power mix, a scarcity of coal and hot weather has triggered scheduled blackouts, threatening to upend the economy

As India faces power outages a 46-degree heat wave is making it worse

Electricity outages and curbs have spread across more than half of all states and the nation's coal-dominated energy system is expected to come under further strain

Coal production rises 28% in Apr on strong demand from power sector

The overall coal production was at 51.6 mt in April 2021

Supply and payment crisis

Systemic weakness in power sector exposed again

Taking steps to ensure adequate power supply in J-K, says Govt

Compared to last year, the power supply on the occasion of Shab-e-Qadr this year was higher by 55 megawatt and seven LAC units

Quick, concrete steps needed to tackle power problem facing India: Kejriwal

Amid a deepening coal shortage crisis, the Delhi government on Thursday warned that there may be problem in providing uninterrupted electricity supply to important establishments in the capital