Power Companies News

Market

CERC relief sends NTPC, Power Grid shares soaring

Central Electricity Regulatory Commission (CERC) has suggested continuation of the 15.5% regulated return on equity (RoE) for power companies

2 min read18 Dec 2018
Market

Why power sector firms can’t afford to miss the big discount sale

JSW Energy, Tata Power, Adani Power and Vedanta are among the firms making a beeline for stressed assets in the power sector

2 min read29 Aug 2018
Industry

Banks eye one-time settlement deal from stressed power firms

Banks are pursuing one-time settlements in KSK Mahanadi Power, RKM Powergen, SKS Power and Avantha Group's Jhabua Power Project

3 min read30 Jul 2018
Market

IBC bitter for power projects but may be sweet for Indian economy

RBI wants power projects that have defaulted on bank loans to undergo resolution under the insolvency and bankruptcy code, just like their industrial counterparts, but promoters claim their situation is different

3 min read26 Jun 2018
Market

An arduous recovery for wind turbine manufacturers

Things are seemingly improving for the wind industry, much depends on the competition and how they approach the auctions

2 min read17 Apr 2018
Science

Artificial intelligence can make power firms more efficient

European utilities could achieve efficiency gains of up to a fifth over the next five years using such technology, consultancy Roland Berger says

1 min read12 Mar 2018
Industry

PIL in Delhi HC seeks probe into ‘artificial over-invoicing’ of imports by power firms

The petitioner informs the HC that in March 2016, 40 power firms, including NTPC, Adani Group and Essar Group were identified by the Directorate of Revenue Intelligence, that over-priced coal imported from Indonesia

1 min read8 Feb 2018
Industry

Govt, lenders close to resolving stressed power assets: Piyush Goyal

Piyush Goyal says government's discussion with banks and financial institutions such as Rural Electrification and Power Finance is close to reaching a resolution

1 min read12 Jun 2017
Industry

Narendra Modi’s cash ban spells bonanza for power retailers

Electricity consumers who hadn't paid their bills for months are queuing up to square their accounts as the old notes can still be used to pay charges until 24 November

2 min read23 Nov 2016
Industry

Solar firms see huge opportunity in electric automobiles market

Solar power companies are looking at developing an entirely new industry on greater policy support and lower costs for renewable energy

2 min read11 Jul 2016
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The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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