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Framework Agreement! India Grid Trust inks largest transmission deal with Sterlite Power
Sun, Mar 07, 2021
India Grid Trust, India's first power infrastructure investment trust (InvIT), on Saturday signed a share purchase agreement to acquire NER-II Transmission Limited from Sterlite Power as part of the Framework Agreement.
Exclusive: Power Grid InvIT IPO to be launched soon; to be game-changer for company, Anil Singhvi says
Thu, Mar 04, 2021
BIG BREAKING news on this public sector company! Power Grid Corporation of India will soon bring its InvIT IPO. Union Power Minister R K Singh tells Zee Business Executive Editor Swati Khandelwal about government’s plans to sell 5 power projects. He revealed that more projects will follow
In chat with Anil Singhvi, KEC International MD and CEO Vimal Kejriwal speaks on company's outlook, debt and more
Wed, Mar 03, 2021
In chat with Zee Business Managing Editor Anil Singhvi, Managing Director (MD) and Chief Executive Officer (CEO) of KEC International, Vimal Kejriwal talks about company’s new orders, business outlook, debt situation and more. (#NewsParViews)
Decks cleared for 850 MW Ratle hydroelectric project in JK
Fri, Oct 02, 2020
The Public Investment Board (PIB) has recommended that the 850-MW Ratle hydroelectric power project be developed through a joint venture company of the JK Power Development Corporation and the National Hydroelectric Power Corporation, an official spokesperson said
Modi government drafts rules for power consumer rights; looking at fixing responsibility on discoms
Thu, Sep 17, 2020
The Narendra Modi government is planning to give certain rights to power consumers in India. The government has prepared new rules to ensure rights of the power consumers in the country. The government is of the view that this sector is live only because of the consumers. After ensuring that the power reaches all households, the government is now taking a leap towards customer satisfaction
Power ministry may consider extension of ISTS charges waiver beyond 2022
Wed, Jun 17, 2020
Union minster R K Singh on Tuesday said the power ministry may consider extending beyond 2022 the waiver of Inter-state Transmission System (ISTS) charges for renewable energy projects
Indian Energy Exchange launches real-time electricity market
Mon, Jun 01, 2020
Energy trading platform Indian Energy Exchange on Monday launched the real-time electricity market (RTM) on its platform, a move that will help utilities buy and sell power just an hour before the requirement
Construction should begin on power projects; Ministry of Power advises states
Thu, Apr 23, 2020
After government said about giving few relaxation on Lockdown 2.0, Power Ministry has advised states to start construction of power projects. The advice was given especially to those projects which falls outside municipal limit.
Piyush Goyal takes charge, Retains as Railways and Commerce Minister
Fri, May 31, 2019
Known for his corporate network developed during his days as an investment banker, BJP's go-to man Piyush Goyal has been given the charge of Railways, Commerce and Industry ministries in Modi's new cabinet. Goyal first made his mark in BJP as a treasurer and held portfolios in coal, power, railways, and finance.
Earth Hour: Power discoms save 258 MW in Delhi
Sun, Mar 31, 2019
The power distribution companies in the national capital saved 258 megawatt (MW) of electricity during sixty minutes of the Earth Hour observed on Saturday night.
Bihar govt to install prepaid smart meters in all households in next four to five years
Sun, Jan 20, 2019
The Bihar government is set to install prepaid smart meters in all households across the state in the next four to five years, an official said.
HCL Tech commits Rs 160 crore investment under CSR activity
Fri, Feb 23, 2018
The company will also be recruiting about 5,000 people in the years to come, Sanjay Gupta, Executive Vice President HCL Technologies, said.
Govt takes strategic decision to boost supply to thermal power stations
Thu, Feb 08, 2018
The strategy has ensured stock level of more than 21 days of normative stock especially in pit head power stations located in Northern Coalfields.
Market take heavy beating, tumble 983 points for the week
Sat, Feb 03, 2018
The budget proposals of 10% long term capital gains tax on equities and overshooting of fiscal deficit target quashed investor optimism
RInfra moves MERC for sale approval of Mumbai power biz to Adani Transmission
Tue, Jan 09, 2018
The company has sought approvals from MERC for assigning its licenses and transfer the businesses to RInfra's wholly owned subsidiary Reliance Electric Generation and Supply (REGSL), which will then be acquired by Adani Transmission.
Markets positive on last trading day of 2017
Fri, Dec 29, 2017
Lupin, Divis Lab, Eicher Motors, Power Grid and Larsen & Toubro were the top gainers in the benchmark Nifty
Saubhagya covers free electricity but no provision of free power consumption, clarifies Power Ministry
Wed, Sep 27, 2017
As per Saubhagya scheme below poverty line (BPL) households will be provided electricity connections free of cost.
Top five sectors with most exposure to banks NPAs; What can be done?
Tue, Jun 13, 2017
Sectors like steel, textile, power, telecom and infrastructure accounts for most of banks stressed assets. About 60% of banking systems stress belongs to these sector.
India Grid Trust to list on BSE, NSE tomorrow; should you invest?
Mon, Jun 05, 2017
India Grid Trust, an infrastructure investment trust (InvIT), is set to get listed on exchanges on Tuesday. It is the second InvIT to debut on bourses after IRB InvIT Fund.
Adani, Tata Power shares plunge on Supreme Court's decision over compensatory tariff
Tue, Apr 11, 2017
Both Tata and Adani Power had sought the regulator’s involvement stating that they suffered losses due to high cost of imported coal.