E-PaperPower Producer News
Continuing financial logjam at discoms casts a shadow on electricity producers
NTPC, despite its fool-proof agreements with state utilities, may feel the heat as wellThe aggregate technical and commercial losses (AT&C) stood at 19.72% of electricity purchases
2 min read6 Mar 2019SC’s interim order on RBI circular delays resolution, raises uncertainty
Given the petitions challenging RBI's powers to direct banks to refer borrowers to the insolvency court, the SC's ruling in November is critical.
2 min read13 Sep 2018Supreme Court provides interim relief to stressed power firms
The Supreme Court today granted interim relief to stressed power firms, directing lenders to maintain a status quo on the RBI's circular for banks to resolve these cases within 180 days
2 min read11 Sep 2018New NPA rules: Power producers’ body accuses RBI of overruling House panel
The power producers' body has sought a special dispensation from RBI saying their defaults are due to delayed payments by state discoms or poor coal supplies
3 min read18 Mar 2018Govt plans to cut coal imports for power PSUs to zero in FY18
The government will also convince the private firms in the power sector to source coal through domestic sources as it is more reliable and prone to less price variations
1 min read30 Apr 2017Lead price rally hits battery makers, adds to clean energy costs
The price of lead in the global market has jumped from about $1,700 a tonne on 1 April 2016 to over $2,300 a tonne on 31 January 2017, an increase of 35%
2 min read3 Apr 2017CCI imposes reduced penalty of Rs591 crore on Coal India for fuel supply pacts
The Competition Commission of India (CCI) has asked Coal India to modify the Fuel Supply Agreements (FSAs) and also ensure uniformity between private and govt power producers
1 min read24 Mar 2017PSUs, private firms can now swap coal allocations
Initially, fuel swapping will be allowed among power companies and later extended to other industries too
1 min read22 Dec 2016Azure Power ties up $470 million in funding
Azure Power's cumulative financial commitment to the solar sector in India has crossed over $1 billion, says the solar power producer
1 min read8 Nov 2016Govt urges power producers to seek opportunities overseas
India is projected to report surplus power supply for the first time in at least eight years during the year ending March, even as several parts remain without access to electricity.
1 min read30 Aug 2016Popular Topics
Budget
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