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Punjab approaches APTEL on compensatory tariff issue

Last Updated: Saturday, April 12, 2014, 17:33

Punjab State Power Corporation has petitioned APTEL challenging electricity regulator CERC`s order granting compensatory tariff to two Mundra projects of Tata Power and Adani Power.

HC directs discoms to cooperate with CAG in audit

Last Updated: Monday, March 24, 2014, 19:56

The Delhi High Court Monday directed three discoms of Tata Power and Reliance ADAG to comply with its single judge's order and fully cooperate with the Comptroller and Auditor General (CAG) in the audit process.

HC directs discoms to cooperate with CAG in audit

Last Updated: Monday, March 24, 2014, 19:13

New Delhi: The Delhi High Court on Monday directed three discoms of Tata Power and Reliance ADAG to comply with its single judge`s order and cooperate with CAG in the audit process.

CCI rejects Tata Power's complaint against GAIL

Last Updated: Thursday, March 20, 2014, 20:53

Fair trade regulator CCI has rejected a complaint by Tata Power against GAIL that alleged the state-owned firm abused its dominant position with regard to shipping of natural gas to the private firm's power plants.

Discoms not cooperating with us: CAG to HC

Last Updated: Wednesday, March 19, 2014, 21:54

The CAG Wednesday again told the Delhi High Court that power distributing companies of Anil Ambani and Tata groups are not cooperating with it even as the city government questioned the "reluctance" of the discoms for the audit if they had nothing to hide.

CERC compensatory tariff won't burden discoms, consumers: Care

Last Updated: Sunday, March 16, 2014, 19:16

The central electricity regulator's order for compensatory tariff to Tata Power and Adani Power has not only provided relief to producers but also ensured that discoms and consumers are not burdened by higher tariff, says a report by rating agency Care.

S&P revises Tata Power credit outlook to positive

Last Updated: Thursday, March 13, 2014, 20:02

Global rating agency Standard & Poor's has upgraded the credit outlook for Tata Power to "positive" citing favourable regulatory developments.

Tata Power to finalise on Rs 2,000-crore rights issue on Sat

Last Updated: Wednesday, March 05, 2014, 21:58

The money will be utilised for funding expansion plans.

Discoms not cooperating despite HC order: CAG

Last Updated: Monday, March 03, 2014, 15:04

The Comptroller and Auditor General and Delhi government Monday told the Delhi High Court that the three discoms are violating its order by not cooperating with the auditing body.

Tata Power to raise about Rs 2,000 cr through rights issue

Last Updated: Friday, February 28, 2014, 14:28

Tata Power has an operational capacity of more than 8,560 MW.

Tata Power signs pact to sell 30% stake in Indonesian firm

Last Updated: Thursday, February 27, 2014, 19:00

The transaction is part of the USD 500 million deal to exit Indonesian coal company PT Arutmin and associated coal trading and infrastructure companies. The deal was announced on January 31.

CERC ruling to bring down Mundra project losses: Tata Power

Last Updated: Thursday, February 27, 2014, 12:10

The CERC ruling will help in reducing Mundra project's annual losses by Rs 1,100 crore, according to Tata Power.