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Power Grid's net profit rises by 33%; shares up
Tue, Aug 16, 2016
Power Grid reported net profit of Rs 1801.77 crore for the quarter ended June 2016 (Q1FY17), a rise of 32.90% from Rs 1355.64 crore in the similar quarter of the previous year.
You may soon pay more for electricity
Sat, Aug 13, 2016
The state government of Chattisgarh wants the royalty on coal to be revised upwards to 30%, which will drive up the cost of electricity by 7% or 10-12 paisa/ KWh (Kilowatts hour), said India Ratings (Ind-Ra).
25 power projects are held up on want of environment clearance
Thu, Aug 11, 2016
Goyal said that as informed by ministry of environment, there are 15 hydro electric projects and 10 thermal power projects pending for environmental clearance.
Mission Power: India may see power surplus by 2016-17
Tue, Aug 02, 2016
Power minister, Piyush Goyal said to a question asked in Rajya Sabha, " India will have surplus power of 1.1% in terms of energy and 2.6% in terms of peak during 2016-17.
Modi’s rural mission: Nearly 50% villages electrified
Mon, Jul 25, 2016
The project has been on mission mode and strategy for electrification consists of squeezing the implementation schedule to 12 months and also dividing village electrification process in 12 Stage milestones with defined timelines for monitoring.
Mining, construction, power, textile holds 55% of India’s bad debt: Ind-Ra
Wed, Jul 20, 2016
India’s bad debt is concentrated in four sectors - iron and steel, construction and infrastructure, power and textile which hold 55% of the total Rs 11.8 trillion debt, a report by India Ratings agency stated.
Electricity made expensive deliberately: Power Minister
Fri, Jun 17, 2016
Delhi Power Minister Satyendra Jain today said electricity has been kept expensive deliberately and there was a need to reduce tariffs to raise consumption and fully utilise the nation's generation capacity of 280 GW.
Government plans to make India energy surplus in FY17
Sun, Jun 12, 2016
According to the Load Generation Balance Report (LGBR) for 2016-17, the Centre has set a target of generating 1,178 billion units with overall surplus of 1.1% and peak surplus of 2.6%.
Now Discoms will pay Delhiites if there's a power cut!
Wed, Jun 01, 2016
The Delhi Electricity Regulatory Commission (DERC) on Tuesday said that power distribution companies will pay consumers on unscheduled and untimely power cuts, Business Standard reported.
Reliance Power Q4 net profit up 16% to Rs 320 crore
Fri, May 27, 2016
The company said that the net profit increased on account of higher power generation in 2015-16.
GVK Power Q4 loss widens to Rs 408 crore
Sat, May 21, 2016
The company had posted a net loss of Rs 108.66 crore in the January-March period of 2014-15 fiscal
Bata wants to reinvent itself for India's youth
Mon, May 16, 2016
Think Bata, and you'll most probably remember your grandparents' comfortable sandals and shoes.
Power shortage lowest ever level of 2.1% in FY16: Piyush Goyal
Fri, Apr 29, 2016
Power shortage was at 2.1% -- the lowest level in a single year -- in last financial year, Parliament was informed on Thursday.