Indian Power Sector News

Import of duty-free capital goods for power sector banned - Business Standard

Tue, 02/02/2016 - 1:37am

Business Standard

Import of duty-free capital goods for power sector banned
Business Standard
"Authorisation under the EPCG scheme shall not be issued for import of any capital goods for generation/transmission of power (including captive plants and power generator sets of any kind)," the Directorate General of Foreign Trade said in an order.
Zero duty on imported power generation equipment goesHindu Business Line

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Zero duty on imported power generation equipment goes - Hindu Business Line

Mon, 01/02/2016 - 11:18pm

Hindu Business Line

Zero duty on imported power generation equipment goes
Hindu Business Line
“This development will make it more difficult for Chinese manufacturers to participate in the Indian thermal power sector. The share of Chinese equipment in Indian power plants has been anyway coming down because Indian competitors offered better ...
Power gen equip import ban to boost local demand: BHEL ex CMDMoneycontrol.com

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Budget 2016 wishlist: Metal sector losing sheen - Moneycontrol.com

Mon, 01/02/2016 - 10:32pm

Moneycontrol.com

Budget 2016 wishlist: Metal sector losing sheen
Moneycontrol.com
Not just this, Balvender Kumar, Secretary, Ministry of Mines, says: "Any duty change on aluminum will have an impact on power equipments, Will be meeting power Secretary to discuss the impact of duty on aluminum; power sector is dependent on aluminium ...

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Nikkei India PMI: price pressures building up in manufacturing - Livemint

Mon, 01/02/2016 - 10:20pm

Livemint

Nikkei India PMI: price pressures building up in manufacturing
Livemint
That is remarkable, given the chilly gusts of deflation blowing globally across the manufacturing sector and indicates that, despite their well known problems, Indian manufacturers now have a degree of pricing power. To be sure, nobody expects RBI ...

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Indian ores are not the best in the world: Koushik Chatterjee - Business Standard

Mon, 01/02/2016 - 7:57pm

Business Standard

Indian ores are not the best in the world: Koushik Chatterjee
Business Standard
However, the new capacity at Kalinganagar will enhance the company's portfolio by producing high-grade flat products for sectors like lifting & excavation, ship building, defence equipment, energy & power, infrastructure, etc. We have already seeded ...

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India's tax giveaways to business - Reuters India

Mon, 01/02/2016 - 7:50pm

Reuters India

India's tax giveaways to business
Reuters India
NEW DELHI Indian Finance Minister Arun Jaitley wants to hit his fiscal deficit targets in this month's budget and may scale back some corporate tax breaks to do so, according to people directly involved in the process. Here's a look at India's fiscal ...

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Power sector to get benefit from several governments initiatives - Mint Market Info

Mon, 01/02/2016 - 5:07pm

Mint Market Info

Power sector to get benefit from several governments initiatives
Mint Market Info
Power or electricity is essential for infrastructure development affecting economic growth and welfare of the country. Currently, the power sector in India is at a crucial juncture, with several large investments being undertaken by public and private ...

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Power gen equip import ban to boost local demand: BHEL ex CMD - Moneycontrol.com

Mon, 01/02/2016 - 3:42pm

Moneycontrol.com

Power gen equip import ban to boost local demand: BHEL ex CMD
Moneycontrol.com
Indian power generators have come back to domestic manufacturers because of better services,” Rao said, adding that the EPCG ban will make it even more difficult for Chinese players to participate in the domestic market. ... but under these conditions ...

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Live: Sensex Trades on Lacklustre Note; Banking Heavyweights Fall - NDTV

Mon, 01/02/2016 - 2:56pm

Hindu Business Line

Live: Sensex Trades on Lacklustre Note; Banking Heavyweights Fall
NDTV
11:03 a.m.: On the macro-economic front, Indian manufacturing activity unexpectedly returned to growth in January as firms raised output on stronger demand, a survey showed, adding to expectations the central bank will likely leave policy unchanged ...
Sensex pares gains after reclaiming 25K; L&T, HDFC Bank, Sun Pharma top gainersEconomic Times
Sensex, Nifty volatile; Banking, Energy dragIndiainfoline

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India's fastest-growing state: Meghalaya (and other North-East surprises) - Business Standard

Mon, 01/02/2016 - 2:51pm

India's fastest-growing state: Meghalaya (and other North-East surprises)
Business Standard
The eight north-eastern states–Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim (added in 2002) and Tripura–are growing fast, educating their people at a rate much faster than the rest of India, reducing their dependence on ...

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Ind-Ra maintains stable-to-negative Outlook on Power Sector for FY17 - Indiainfoline

Mon, 01/02/2016 - 2:41pm

Ind-Ra maintains stable-to-negative Outlook on Power Sector for FY17
Indiainfoline
India Ratings and Research (Ind-Ra) has maintained a Stable to Negative outlook on the power sector, despite improving fuel supply which has not resulted in improvement in plant load factor (PLFs), since demand growth has remained muted.
Indian Oil and Gas sector to remain stable in FY17: Ind-RaHellenic Shipping News Worldwide

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Sensex pares gains after reclaiming 25K; L&T, HDFC Bank, Sun Pharma top gainers - Economic Times

Mon, 01/02/2016 - 11:16am

Hindu Business Line

Sensex pares gains after reclaiming 25K; L&T, HDFC Bank, Sun Pharma top gainers
Economic Times
Wockhardt Ltd: The US Food and Drug Administration's inspection at Indian drug maker Wockhardt's plant at Shendra earlier this month found a series of violations, including lack of controls to ensure that only authorised personnel could make changes to ...
The Nifty Call: Initiate fresh shorts on a fall below 7550Hindu Business Line
Sensex, Nifty volatile; Banking, Energy dragIndiainfoline

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Jaya Lays Foundation for Supercritical Thermal Power Plant - The New Indian Express

Mon, 01/02/2016 - 6:04am

Jaya Lays Foundation for Supercritical Thermal Power Plant
The New Indian Express
Considering the importance of increasing the supply of electricity for the growth of agriculture and industrial development, the Jayalalithaa government had taken many steps in the power sector such as increasing the generation capacity, strengthening ...

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Foundation for Supercritical Thermal Power Plant Laid - The New Indian Express

Mon, 01/02/2016 - 6:04am

Foundation for Supercritical Thermal Power Plant Laid
The New Indian Express
Considering the importance of increasing the supply of electricity for the growth of agriculture and industrial development, the Jayalalithaa government had taken many steps in the power sector such as increasing the generation capacity, strengthening ...

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Corporates, agriculture must be equally strong: FM Arun Jaitley - Economic Times

Mon, 01/02/2016 - 4:10am

Corporates, agriculture must be equally strong: FM Arun Jaitley
Economic Times
I think the reality is that India needs a strong and powerful corporate sector and an equally strong and powerful agricultural sector. You need a sound policy ... Please remember: Governments have no power to set aside an assessment order. It can only ...

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A Mission to Transform the Nation through Cities - The New Indian Express

Mon, 01/02/2016 - 3:37am

A Mission to Transform the Nation through Cities
The New Indian Express
Smart cities should have regular water and power supply, comfortable public transport, cycling and walking tracks, rainwater harvesting, recycling of water, green buildings, use of renewable energy fuels such as solar and LED, metering for water and ...

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Dealing with the serious Earthly matters - Chandigarh Tribune

Mon, 01/02/2016 - 12:54am

Chandigarh Tribune

Dealing with the serious Earthly matters
Chandigarh Tribune
Credited with making posters for the Paris Climate Summit-2015 and Cannes Film festival, the artist conjured the image of earth with his live painting in sector 17 Plaza Chandigarh. Granger says his endeavour is to, “restore the lost glory of the ...

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Commodity slump aids profit growth - Livemint

Mon, 01/02/2016 - 12:31am

Livemint

Commodity slump aids profit growth
Livemint
Mumbai: Indian firms, particularly those whose input costs depend on global commodity prices, have improved profitability even though subdued demand continues to weigh on revenue growth, early trends from December quarter earnings suggest. Profits of ...

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India Auto Components: On the fast track - Financial Express

Mon, 01/02/2016 - 12:27am

India Auto Components: On the fast track
Financial Express
We believe the auto component sector can be assessed on the following parameters: On growth parameters, we like companies having: larger exposure to the India OEM space (particularly PVs and CVs), product offerings with a technological edge, dominant ...

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Death of the public university - The Indian Express

Mon, 01/02/2016 - 12:07am

The Indian Express

Death of the public university
The Indian Express
After all, if no one really misses HMT watches, telegrams or Modern bread today, what difference would the passing of the public-sector university make? Unfortunately for us, the public university is more important now than ever ... There is a strong ...

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