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September sees avg electricity price climb to Rs 3/unit on IEX

Last Updated: Monday, October 07, 2013, 20:55

"The average prices in the month of September firmed up in comparison to the prices in the previous month, with the average market clearing price (MCP) in September increasing by 48 percent to Rs 3.04 per unit from Rs 2.06 per unit last month," IEX said in a statement today.

India to see 6.7% power supply shortage this fiscal

Last Updated: Friday, June 07, 2013, 15:01

Amid multiple sectoral woes, India is projected to see an electricity supply shortfall of 6.7 percent in the current fiscal with the Southern region expected to be the worst hit.

Finding power buyers at certain cost hampering trade: Scindia

Last Updated: Tuesday, March 12, 2013, 14:20

There are hurdles in finding electricity buyers at certain cost, alongside transmission bottlenecks in some corridors, that have dampened power trade in the country, Parliament was informed on Tuesday.

Power Minister to meet state energy ministers on Feb 5

Last Updated: Sunday, January 27, 2013, 10:30

Last year, the government announced restructuring the Rs 1.9 lakh crore debt (as on March 31, 2011) of nearly-bankrupt power distribution companies in an attempt to improve their financial health.

Affordable electricity to all households in five years: PM

Last Updated: Tuesday, October 09, 2012, 10:44

Affordable access to energy is one of the main challenges which the world faces today, and India will ensure electricity to households in the next five years, Prime Minister Manmohan Singh said Tuesday.

Major steps to boost power generation soon

Last Updated: Saturday, August 25, 2012, 19:45

Minister of State for Power K.C. Venugopal in a written reply informed parliament Friday that among the initiatives taken were delicensing of thermal generation, introduction of Ultra-Mega Power Projects (UMPP) and the investor friendly New Hydro Policy 2008.

Every household to have electricity in 5 years: PM

Last Updated: Wednesday, August 15, 2012, 10:30

Each and every household in the country will have electricity in the next five years along with improvement in power supply, Prime Minister Manmohan Singh said Wednesday.

Electricity export to India possible: Iran minister

Last Updated: Tuesday, March 06, 2012, 09:37

Iran is keen to explore the possibility of exporting electricity to energy-hungry India after the much-touted tri-nation gas pipeline project with New Delhi slid into limbo.