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CBI registers preliminary inquiry against Adani Group

Last Updated: Thursday, July 24, 2014, 22:57

CBI has begun an inquiry into the alleged inflated credit facility availed from banks by Adani Group by over-invoicing for importing power sector equipment to the tune of Rs 2300 crore.

Power sector faces multiple challenges: Icra

Last Updated: Wednesday, July 23, 2014, 00:18

The power sector faces multiple challenges including high subsidy for state utilities and uncertainty over tariff compensation to power producers, Icra said today.

Tata Power eyes assets for acquisition, overseas opportunities

Last Updated: Sunday, July 20, 2014, 12:11

Tata Power has said the focus areas would be "scaling up of generation capacity and value added businesses" such as services and trading.

Private power producers to discuss future roadmap for sector

Last Updated: Sunday, July 20, 2014, 10:58

Eminent experts from the sector, including company CEOs, former bureaucrats are expected to attend the conference which will be held in Goa from July 31-August 4.

54 power projects delayed, cost over-run in 17

Last Updated: Friday, July 18, 2014, 18:40

The implementation of 54 projects in the power sector worth Rs 150 crore was delayed whereas 17 projects have reported cost over-run, Parliament was informed on Friday.

Raising power tariffs in Delhi a regulatory decision: Goyal

Last Updated: Thursday, July 17, 2014, 23:21

For commercial consumers, DERC hiked the power rates by up to 11 per cent.

Inadequate, costlier fuel risk for power sector: Tata Power

Last Updated: Thursday, July 17, 2014, 22:07

Insufficient availability of coal coupled with costlier imported fuel pose a risk to the growth of India's power sector, Tata Power said.

Budget lacks 'specifics' for improvement in power sector:Fitch

Last Updated: Wednesday, July 16, 2014, 15:24

Fitch said inadequate domestic production and infrastructure bottlenecks continue to act as constraints for ensuring adequate supplies to power plants.

Union Budget 2014-15: Industry welcomes boost to renewable energy in Budget

Last Updated: Thursday, July 10, 2014, 19:08

The industry experts said the focus on the solar energy sector will give a deserving boost to solar companies to increase generation capacity .

PM Modi favours PPP model in power sector

Last Updated: Friday, July 04, 2014, 23:15

Prime Minister Narendra Modi on Friday favoured Public Private Partnership model in power sector and described renewable sources of energy as the answer to the country`s growing power needs.

8 mines can be considered for power sector: CoalMin panel

Last Updated: Tuesday, June 24, 2014, 15:34

The suggestion comes at a time when power plants across the country are facing acute fuel shortages.

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.