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SC directs BSES Yamuna to pay power dues before July 15

Last Updated: Thursday, July 03, 2014, 14:29

The Supreme Court on Thursday directed BSES Yamuna Pvt Ltd to pay its outstanding dues for the January to June period to power generating and transmission companies before July 15.

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.

CAG scrutinising accounts of Delhi discoms

Last Updated: Friday, January 31, 2014, 17:41

The Comptroller and Auditor General (CAG) has started scrutinising accounts of the three private power distribution companies amid their confrontation with the Delhi Government over a number of issues.

Goldman starts Power Grid with ''buy'' rating

Last Updated: Monday, January 20, 2014, 11:55

Goldman Sachs initiates coverage on Indian power companies with a "buy" rating on Power Grid Corp of India Ltd, saying the sector could benefit from recent reforms, although the magnitude of power tariff hikes could be the biggest risk.

CAG audit of private power companies to begin today

Last Updated: Thursday, January 02, 2014, 05:33

Comptroller & Auditor General (CAG) audit of private power distribution companies will start from Thursdday after Aam Aadmi Party (AAP) government stood his ground stating that there are enough reasons to audit the companies.

Delhi CM Arvind Kejriwal orders CAG audit of private power companies from Thursday

Last Updated: Wednesday, January 01, 2014, 19:04

Aam Aadmi Party chief Arvind Kejriwal on Wednesday stood firm on the decision to audit the power companies saying that there are enough reasons for the companies to be audited.

Arvind Kejriwal`s New Year gift to Delhiites - power rates cut by 50% in lower slabs

Last Updated: Tuesday, December 31, 2013, 16:08

After fulfilling his party`s promise of providing free supply of 700 litres of water everyday for Delhi households, Chief Minister Arvind Kejriwal on Tuesday gave Delhiites a perfect New Year gift by slashing electricity charges and promising further revision of power tariffs.

HC asks electricity cos to form squads to detect power theft

Last Updated: Wednesday, October 16, 2013, 12:34

The Bombay High Court has asked electricity distribution companies and police to form special squads to detect power thefts in Maharashtra.

Power companies ask govt to extend coal supply beyond scheduled time

Last Updated: Friday, October 04, 2013, 15:36

The development follows the Cabinet Committee on Investment recently asking for meeting timelines for signing of FSA for 78,000 MW capacity.

Power cos including DB Power, DVC yet to sign FSAs

Last Updated: Wednesday, October 02, 2013, 14:55

Some of the power producers, including Damodar Valley Corp, DB Power and Mahagenco, are yet to enter into fuel supply pacts with CIL, amid CCI asking for meeting timelines for signing of FSA for 78,000 MW capacity.

Policy on surplus coal likely in a month: Plan Comm

Last Updated: Friday, September 20, 2013, 15:35

Under coal swapping, the private power companies will be allowed to use excess coal from captive mines, allocated to the company for one of its project, for another.

'Some power cos reluctant to sign fuel pacts with CIL'

Last Updated: Sunday, September 15, 2013, 14:05

Some power producers are still reluctant to enter into fuel supply pacts with Coal India (CIL) as they don't have long-term power purchase agreements (PPAs) with them which is mandatory for signing of fuel pacts.