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Working towards a technology which enables consumer to control electrical appliances at home sitting in office: TPDDL CEO Praveer Sinha

We are below 9 percent now. The losses have been brought down from 53 percent when Tata Power took over in 2002.

Uday Scheme blown out of race

Uday Scheme blown out of race

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New restructuring package for state discoms a positive: Fitch

New restructuring package for state discoms a positive: Fitch

Terming the new restructuring package offered to state discoms as a positive, Fitch today said states opting for the package and delivering on loss reductions over the medium-term is essential for the success of the programme.

Tariff policy to make discoms efficient,boost investment: Goyal

Tariff policy to make discoms efficient,boost investment: Goyal

The new tariff policy will boost the regulatory mechanism and bring efficiency in the functioning of discoms, even as the proposed framework will help attract investments in the power sector, Union Minister Piyush Goyal said Wednesday.

HC to pronounce verdict on CAG audit of discoms Friday

HC to pronounce verdict on CAG audit of discoms Friday

The Delhi High Court will pronounce Friday its verdict on the pleas of three private power distribution companies which have challenged the AAP government's decision to get their accounts audited by the Comptroller and Auditor General (CAG).

BSES eases process for getting power connection

In a novel initiative, power major BSES has launched two services which make it possible for people to get a connection from the comforts of home as the company has moved the entire process, ranging from application to document verification, online.

HC adjourns to Sep 19 discoms' plea against CAG audit

The Delhi High Court Tuesday adjourned to September 19 a batch of petitions including appeals filed by three private discoms against the order of a single judge refusing to stay Delhi government's decision to have CAG audit of their accounts.

AP purchasing power from Tamil Nadu, Karnataka

Andhra Pradesh government today said it has placed orders to buy 570 megawatt power from the firms in Tamil Nadu and Karnataka to meet the deficit.

Tata Power threatens tariff hike on rising gas price

With the government holding firm on its decision to hike gas prices from April 1, Tata Power on Tuesday threatened a tariff hike if the Delhi government and the Centre did not consider its request for re-allocation of power from gas-based power stations for them.

India's power grid to become world's largest: Scindia

Optimistic about India's electricity grid becoming the largest in the world, Union Minister Jyotiraditya Scindia has said that checks and balances have been put in place to avoid re-occurrence of any major grid collapse, similar to the one witnessed last summer.

Scindia favours 'carrot and stick' policy for power discoms

In a 'carrot and stick' approach to deal with the power distribution companies, Union Minister Jyotiraditya Scindia has suggested incentivising the discoms that cut down losses from theft and other transmission issues while punishing the bad performers.

Tata Power to provide technical services to Nigerian discom

The largest private utility Tata Power has bagged a contract to provide technical services to Benin Distribution Company of Nigeria, a top official said.

States need not get into discom debt rejig: Tata Power

Amid rising concerns about debt woes of power distribution companies, Tata Power has suggested that financial rejig of discoms should be done through regulatory commissions and not directly by state governments.

Loss-making discoms a drag on states' finances, says RBI

The RBI Thursday said loss-making power distribution companies continue to impact financials of states and cautioned against their restructured debt liabilities turning into non-performing assets for the state governments.

Central panel on discom debt rejig to meet this week

Amid concerns over power sector woes, the first meeting of a central panel to oversee the massive debt rejig scheme for ailing electricity distribution companies is likely to be held this week.