Latest News

FDC blames PSALM for nearly P1T in power sector debts - GMA News

Indian Power Sector News - 52 min 24 sec ago

FDC blames PSALM for nearly P1T in power sector debts
GMA News
The power sector's nearly P1 trillion debt, from P807.8 billion before the implementation of the Electric Power Industry Reform Act in 2001, may be traced to the "awful performance" of state-owned Power Sector Assets and Liabilities Management Corp.

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Buy Torrent Power; target of Rs 247: Firstcall Research - Moneycontrol.com

Indian Power Sector News - 2 hours 48 min ago

Moneycontrol.com

Buy Torrent Power; target of Rs 247: Firstcall Research
Moneycontrol.com
"Torrent Power Ltd. is an India-based company engaged in the electricity generation, transmission and distribution. Torrent Power is one of the leading brands in the Indian power sector, promoted by the Rs. 9592 crore Torrent Group.

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Structural imbalance in India's power sector cannot last: Moody's - NDTV

Indian Power Sector News - 4 hours 34 min ago

Structural imbalance in India's power sector cannot last: Moody's
NDTV
India's power sector is facing an unsustainable structural imbalance, which is having a detrimental impact on a number of players in the sector, says Moody's Investors Service in its report - "Indian Power Sector: Watt next?".
Competition seen minimal despite power privatizationBusinessWorld Online Edition

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USAID plan for power sector - DAWN.com

Indian Power Sector News - 7 hours 26 min ago

DAWN.com

USAID plan for power sector
DAWN.com
File photo ISLAMABAD, Feb 8: The US Agency for International Development (USAID) has presented to the Ministry of Water and Power a proposed 'Economic and Dispatch Model' to improve the power sector. A USAID team held a meeting with Federal Minister ...
Pakistan to look into USAID economic dispatch modelPakistanToday.com.pk

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Maldives political unrest: tourism sector under threat? - Nation on Sunday

Indian Power Sector News - 8 hours 50 min ago

CTV.ca

Maldives political unrest: tourism sector under threat?
Nation on Sunday
The Maldivian president Mohamed Nasheed stepped down on Tuesday following weeks of unrest and handed over power to Vice President Mohammed Waheed Hassan Manik. The situation has started to improve. A spokesperson for the Russian Embassy in Sri Lanka ...
Maldives president quits after protestsTimes of India

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Efforts continue to make improvement in power sector: Naveed Qamar - Associated Press of Pakistan

Indian Power Sector News - 10 hours 48 min ago

Associated Press of Pakistan

Efforts continue to make improvement in power sector: Naveed Qamar
Associated Press of Pakistan
ISLAMABAD, Feb 8 (APP): Federal Minister for Water and Power Syed Naveed Qamar has said that efforts are being made to make improvements in the Power sector in order to reduce line losses and gap between demand and supply.
Volte-face?: Govt admits power sector headed to a 'disaster'The Express Tribune
Black liesThe News International
Qamar drops hint at increase in CNG pricesThe Nation, Pakistan
DAWN.com -Pakistan Daily Times
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GE to construct 10000mw power plant in Nigeria - BusinessDay

Indian Power Sector News - 11 hours 8 min ago

BusinessDay

GE to construct 10000mw power plant in Nigeria
BusinessDay
Nnaji said GE had set the ball rolling by its readiness to make such huge investment in Nigeria's power sector, adding that other investors could key into the project on the condition that “you use GE components for your project.
'Nigeria'll be a brand ambassador for power in next 3 yrs'Nigerian Tribune

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Power sector hurdle to double-digit growth

Power Sector News - 11 hours 45 min ago

Power sector issues a hurdle to double-digit growth: CII

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Fewer power projects may get more coal in 12th Plan

Power Sector News - 12 hours 20 sec ago

Fewer power projects may get more coal in 12th Plan
Katya B Naidu / Mumbai Feb 09, 2012,

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Government funds for sanitation inadequate, private sector should pool in - Economic Times

Indian Power Sector News - 13 hours 11 min ago

Government funds for sanitation inadequate, private sector should pool in
Economic Times
More people die from inadequate sanitation-related causes in India everyday than 10 aeroplanes filled with 200 people each. This has high economic costs. Therefore, achieving adequate sanitation is an imperative. A summary of the report on economic ...

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2G verdict claims first casualty: Bahrain telco pulls out of India and cancels ... - Daily Mail

Indian Power Sector News - 13 hours 14 min ago

Daily Mail

2G verdict claims first casualty: Bahrain telco pulls out of India and cancels ...
Daily Mail
Analysts fear that the 1993 Enron ghost, which still haunts India's power sector as far as FDI is concerned, could well be revisited in the telecom sector following the SC ruling. But Shaikh Mohamed also chose to put on record: 'As Batelco continues to ...

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PFC issues draft guidelines for power drawal - Business Standard

Indian Power Sector News - 16 hours 54 min ago

PFC issues draft guidelines for power drawal
Business Standard
This is expected to reduce the overall cost of procurement of power. The short-term power market presently comprises 10 per cent of the total electricity procured in India. PFC has convened a meeting with the representatives of distribution licensees ...

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Fewer power projects may get more coal in 12th Plan - Business Standard

Indian Power Sector News - 17 hours 1 min ago

Hindu Business Line

Fewer power projects may get more coal in 12th Plan
Business Standard
The government seems to be preparing the power sector for low fuel availability. In the next Five-Year Plan, it is looking to reduce power capacity from Coal India Limited (CIL)'s linkages. If the plan is carried out, the trend of huge capacity ...
Government may lower power generation target for 12th PlanLivemint
Coal Min raises red flag over fuel supply agreementsMoneycontrol.com
'Negligible' impact on power generation costsHindu Business Line

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ABB, Siemens eye green energy - Hindustan Times

Indian Power Sector News - Wed, 08/02/2012 - 11:40pm

ABB, Siemens eye green energy
Hindustan Times
Global majors such as ABB and Siemens aim to tap India's renewable energy sector for power equipment and automation business. ABB, the Swiss-Swedish power equipment and automation company, is eyeing orders from solar power developers with two recent ...

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Power plants dependent on D6 gas operating at low capacity - Hindu Business Line

Indian Power Sector News - Wed, 08/02/2012 - 10:18pm

Hindu Business Line

Power plants dependent on D6 gas operating at low capacity
Hindu Business Line
In October 2011, the power sector got only 85 per cent of the promised allocation. Assuming that the fertiliser and liquefied petroleum gas (LPG) demand will be given first priority, power sector could get lesser gas as the output continues to fall.
EGoM meeting on changes in gas allocation postponedMoneylife Personal Finance site and magazine

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Competition seen minimal despite power privatization - BusinessWorld Online Edition

Indian Power Sector News - Wed, 08/02/2012 - 7:47pm

Competition seen minimal despite power privatization
BusinessWorld Online Edition
THE CREDIT outlook for industry players in the Philippine power sector is seen to track the stable rating for the rest of Asia as firms are unlikely to face increased competition despite the spate of privatization, debt watcher Moody's Investor Service ...

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Senators irked by India's Iran ties, stalled nuclear trade - Times of India

Indian Power Sector News - Wed, 08/02/2012 - 6:43pm

Senators irked by India's Iran ties, stalled nuclear trade
Times of India
... Powell also heard senatorial annoyance at India's nuclear liability bill, which veteran senator and disarmament pundit Richard Lugar said could frustrate the US nuclear industry's efforts to play a role in India's expanding nuclear power sector.

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Excellence Enhancement Centre for the Indian Power Sector Launched - VAdvert Press Center (press release)

Indian Power Sector News - Wed, 08/02/2012 - 5:23pm

Excellence Enhancement Centre for the Indian Power Sector Launched
VAdvert Press Center (press release)
Minister of State for Power, Shri KC Venugopal has underlined the need for improving energy efficiency in power sector. He was launching the Excellence Enhancement Centre (EEC) for the Indian power sector at a function in New Delhi today.

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Buy Nava Bharat Ventures; target of Rs 298: SPA Research - Moneycontrol.com

Indian Power Sector News - Wed, 08/02/2012 - 2:44pm

Moneycontrol.com

Buy Nava Bharat Ventures; target of Rs 298: SPA Research
Moneycontrol.com
We expect NBVL's blended merchant power realisations to improve to INR 3.9/kwh and INR 4.1/kwh in FY12 and FY13 respectively." "Nava Bharat Ventures continues to remains an ideal play on Indian Power Sector. Massive capacity additions lined up in power ...

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Is the worst over for banks in terms of bad debts? - Moneycontrol.com

Indian Power Sector News - Wed, 08/02/2012 - 2:43pm

Is the worst over for banks in terms of bad debts?
Moneycontrol.com
The power sector is being looked into both coal import and mined quantum of coal is likely to increase; the government has decided to guarantee the Air India bonds and there are no fresh scams. More importantly, interest rates may have peaked.

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