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Power sector News

21 Jan 2022

Budget 2022: What in Stores for Power Sector ?

The power and renewable energy sector have been in the spotlight for some time. What are the expectations of the leaders of these sectors from this year's budget? Watch this show to find out.

25 May 2017

India's plans to ban Chinese power firms will backfire: Report

For a long time, Indian power companies have been calling for a complete ban on Chinese companies in the domestic power sector.

Power benchmark price

29 Apr 2017

Rs 3/unit to be benchmark price for power in medium term:Goyal

The government is looking at Rs 3 per unit as the benchmark price for power from all energy sources like thermal, solar and wind in the medium term.

10 Sep 2016

Lanco Infratech's net loss widens to Rs 449 crore in Apri-Jun quarter

Lanco Infratech's (LITL) consolidated net loss widened to Rs 448.88 crore during the quarter ended June 30, 2016.

08 Jul 2016

Power ministry initiative to provide relief from power black out

Share Bazar, Mandi Live, Aap Ka Bazar, First Trade, Big Debate etc.

15 Apr 2016

India to stop thermal coal imports; save Rs 40,000 cr

In view of rising production of the dry fuel, India plans to completely stop thermal coal imports in 2-3 years that would result in annual savings of Rs 40,000 crore, Union Minister Piyush Goyal on Friday said.

21 Mar 2016

'Cabinet note soon on linkage auction for power plants'

The Coal Ministry will soon move a draft Cabinet note for auctioning linkages for the dry fuel to the power sector.

21 Mar 2016

PFS sanctions Rs 1,100 crore loans for power sector

PTC India Financial Services Ltd (PFS) has sanctioned loans of about Rs 1,100 crore to provide financial assistance to the power sector.

Coal India Limited

25 Jan 2016

Coal India's supply to power sector up 7% in April-December

The supply of the fossil fuel by Coal India (CIL), which accounts for over 80 percent of the domestic production, in the April-December period last fiscal stood at 280.210 MT, according to official data.

21 Jan 2016

Coal to remain dominant fuel for India's power sector: Report

Coal will remain the dominant fuel for India's power sector over 10-year forecast period to 2025 despite growth in alternative sources, including renewables, BMI Research, Fitch Group company, has said.

Finance Minister

31 Oct 2015

Power sector revival a priority: Jaitley

The minister also said the main challenge in the power sector is at the last mile as many discoms are in distress.

31 Jul 2015

IDFC to set aside additional Rs 2.5K cr as special reserve

IDFC on Friday said government's moves on gas and power sector have not had desired impact and it is forced to create a special reserve of Rs 4,500 crore to cover expected losses from power sector loans, which will ring-fence its soon-to-be-launched universal bank.

04 May 2015

IDFC to increase provisioning for exposures

The power sector comprises 40 percent of IDFC's book, which decreased 8 percent in FY15 to Rs 54,745 Cr.

India power plants

29 Apr 2015

Will upgrade old power plants into UMPPs: Goyal

The government is looking at the option of upgrading existing power plants into larger capacity Ultra Mega Power Projects (UMPPs) using clean technology and to offer them in plug and play mode, Power Minister Piyush Goyal said on Wednesday .

31 Mar 2015

Govt cuts natural gas prices by 8% to $4.66 per unit

Natural gas prices was Tuesday cut by about 8 percent to USD 4.66 a unit to reflect the softening in international prices, a move that will lower electricity and fertiliser costs.

31 Mar 2015

Govt lowers April-Sept natural gas prices by 8%

Natural gas prices have been slashed by 8 percent to USD 4.66 per unit for the first half of next fiscal year from April 1 on gross heat value basis.

30 Mar 2015

Natural gas price to be cut by 9% to $4.56 from April 1

The government had in October last year fixed natural gas price at USD 5.05 per million British thermal unit.

19 Mar 2015

Power sector total loan from banks at Rs 5.83 lakh crore

The total outstanding credit to the power sector from various banks amounted to Rs 5.83 lakh crore at the end of 2014 but the government has no plans to reschedule the loans to electricity generating firms.

13 Mar 2015

India 3rd least efficient coal-fired power generating nation

Chinese and US companies generate power through "least efficient and most polluting form of coal-fired generation", followed by Indian firms at the third position globally, says a report.

04 Mar 2015

Govt to train 7 lakh people by 2018 to meet power sector needs

The government aims to train as many as 7 lakh people for various segments in power generation in line with its ambitious plans of producing 1,75,000 MW renewable energy 2022.

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