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Power Minister to meet bankers today, to discuss bottlenecks

Last Updated: Monday, June 23, 2014, 12:34

In a bid to restore investor confidence in electricity generation sector, Power Minister Piyush Goyal will meet bankers on Monday to discuss the financing bottlenecks affecting the industry and the way forward.

'Asset quality risks from power sector weaknesses to continue'

Last Updated: Wednesday, June 18, 2014, 19:01

India's power sector will continue to be a source of asset quality risk for banks if the poor financial profiles of state electricity board distribution companies (discoms) do not improve through further structural reforms, Moody's Investors Service said.

Power cuts may cause 40% dip in industrial production: Assocham

Last Updated: Monday, June 02, 2014, 15:40

Continued power outages in various parts of the country are adversely affecting the domestic industrial production, which may fall by 40 percent in June-July, industry body Assocham said.

Govt working on separating content, carriage in power sector

Last Updated: Sunday, December 22, 2013, 19:49

In a move that could usher in more competition in the power sector, the government is working on a proposal where separate entities would handle electricity supply and distribution.

'Will seek Cabinet nod for capping gas price for power sector'

Last Updated: Thursday, September 26, 2013, 12:57

Power Minister Jyotiraditya Scindia on Thursday said he will soon seek the Cabinet nod for capping the price of gas for the power sector at USD 5 per mmBtu.

India Ratings maintains stable outlook for power sector

Last Updated: Monday, July 15, 2013, 21:42

Maintaining stable outlook for the power sector for the second half of the year, India Ratings Monday said that higher fuel costs and weak financial profiles of power distribution companies could pose major challenges to the sector.

Efforts on to resolve fuel issues in time-bound manner: PM

Last Updated: Wednesday, April 03, 2013, 15:56

Prime Minister Manmohan Singh on Wednesday said efforts are on to resolve fuel supply issues faced by the power sector in a time-bound manner and hoped to see results in the next three weeks.

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.

Implementation of measures key to power sector revival: Icra

Last Updated: Sunday, February 03, 2013, 18:53

On rescheduling of the validity scheme to March 31 from December 31 last, the report says there could be further delays in submission of the financial restructuring proposal by discoms, due to challenges in seeking the consent from states.

Coal regulatory authority to be set up soon

Last Updated: Monday, January 21, 2013, 22:20

The government Monday said it will soon appoint a coal regulator to monitor the fuel pricing, sampling and other practices in the sector.

Sluggish power sector could hit economic growth: India Ratings

Last Updated: Wednesday, January 16, 2013, 16:31

For every one percent increase in Gross Domestic Product (GDP), the power generation need to increase by one percent.

Inter-Ministerial panel on coal linkages to meet next month

Last Updated: Sunday, December 30, 2012, 12:21

Amid the power producers facing fuel supply issues, an Inter-Ministerial panel is likely to meet early next month to look into issues with regard to coal linkages to power sector.