Indian Power Sector News

India announces landmark connectivity pacts with Nepal - Economic Times

Sat, 07/04/2018 - 5:30pm

Economic Times

India announces landmark connectivity pacts with Nepal
Economic Times
Modi said both sides would like to jointly start a new rail link connecting Kathmandu with India which will be gamechanger for the Himalayan State. “With the objective of expanding connectivity to enhance people-to-people linkages and promote economic ...
PM Oli invites Indian industry to invest in NepalETAuto.com
Fixing Idiosyncrasies in Nepal's Energy ProjectsThe Wire
India to upgrade road and cross-border rail links with NepalABC News

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Rapid pace of digitalisation offers wide-ranging opportunities, says Rolls-Royce's President – India & South Asia - Financial Express

Sat, 07/04/2018 - 2:22am

Financial Express

Rapid pace of digitalisation offers wide-ranging opportunities, says Rolls-Royce's President – India & South Asia
Financial Express
Our power systems business, a world leader in large reciprocating engines, propulsion and distributed energy systems, has proven its abilities in a wide variety of operational situations and has thus gained the trust of navies, coast guards and armed ...

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As China cosies up to Nepal, what KP Oli's visit means for India - India Today

Fri, 06/04/2018 - 4:06pm

India Today

As China cosies up to Nepal, what KP Oli's visit means for India
India Today
In terms of defence cooperation, more than 250 training slots are provided every year to Nepalese Army personnel at various Indian Army training institutes. The Gorkha regiments of the Indian Army are raised partly by recruitment from hill districts of ...

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A Case for the Emergent Electric Vehicle Policy of the Government of India - BW Businessworld

Fri, 06/04/2018 - 2:54pm

BW Businessworld

A Case for the Emergent Electric Vehicle Policy of the Government of India
BW Businessworld
The biggest gainer of an EV only drive will be the power sector. However, this is not an open and shut case. There are significant assumptions being made that might prove to be its undoing. At present there is a gross mismatch between the installed ...

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Lagging economy: Indian companies have scrapped projects worth $117 billion in just one year - Scroll.in

Fri, 06/04/2018 - 1:32pm

Scroll.in

Lagging economy: Indian companies have scrapped projects worth $117 billion in just one year
Scroll.in
Therefore, companies in the power and steel sector are unlikely to take up any new projects in the coming months. Overall, with output and new orders declining, manufacturing activity in March grew at the slowest pace in the last five months, the ...

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After the storm of 2017, India's wind power sector is settling down - Quartz

Fri, 06/04/2018 - 10:25am

Quartz

After the storm of 2017, India's wind power sector is settling down
Quartz
India's wind energy sector has just capped a rough year. Amid a major overhaul of the wind energy tariff-determination mechanism, multiple policy issues, and flat power demand, capacity addition took a big hit in the last financial year. New windmill ...

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Nifty50 companies likely to post double-digit growth in net - Economic Times

Fri, 06/04/2018 - 8:19am

Economic Times

Nifty50 companies likely to post double-digit growth in net
Economic Times
Coal India's overall production was up by 4 per cent and dispatch by 5 per cent. Dispatch to the power sector was up 8 per cent. Revenues and profits of Nifty 50 participants including Coal India and NTPC are expected to grow in single digits. TELECOM ...

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Telangana to spend Rs 38000 crore for three power projects - The New Indian Express

Thu, 05/04/2018 - 6:20pm

The New Indian Express

Telangana to spend Rs 38000 crore for three power projects
The New Indian Express
HYDERABAD: Telangana power utilities are spending nearly Rs 38,000 crore for setting up three power projects with a combined capacity of 5880 MW in the state. A press release from TS Transco CMD, D Prabhakar Rao said, a 24-hour power scheme is being ...

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M&A deal value dips 9.3 percent in first quarter - Fortune India

Thu, 05/04/2018 - 6:03pm

Fortune India

M&A deal value dips 9.3 percent in first quarter
Fortune India
The energy & power sector made for 34.4% or $7 billion of the total deal value, a seven-fold increase, compared to the first quarter of 2017. This was helped by Oil & Natural Gas Corporation's (ONGC) acquisition of a 51.1% interest in petroleum ...

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Ambedkar an inspiration for India's vibrant maritime sector: PM Modi - Hindustan Times

Thu, 05/04/2018 - 3:06pm

Hindustan Times

Ambedkar an inspiration for India's vibrant maritime sector: PM Modi
Hindustan Times
Modi also wrote that with its rich history, the maritime sector in India has the potential to power country's transformation. “On National Maritime Day, we affirm our commitment to harness our maritime strengths for the nation's prosperity,” he added ...

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PM Modi Says Ambedkar Inspiration for Vibrant Maritime Sector - News18

Thu, 05/04/2018 - 11:40am

News18

PM Modi Says Ambedkar Inspiration for Vibrant Maritime Sector
News18
Modi also wrote that with its rich history, the maritime sector in India has the potential to power country's transformation. "On National Maritime Day, we affirm our commitment to harness our maritime strengths for the nation's prosperity," he added ...
PM Narendra Modi extends greetings on National Maritime Day, says BR Ambedkar inspiration for vibrant maritime sectorFinancial Express

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Ambedkar inspiration for vibrant maritime sector: Modi - Times of India

Thu, 05/04/2018 - 11:09am

Times of India

Ambedkar inspiration for vibrant maritime sector: Modi
Times of India
It was Babasaheb who gave topmost… https://t.co/jCKzkDO9nQ. — Narendra Modi (@narendramodi) 1522896181000. Modi also wrote that with its rich history, the maritime sector in India has the potential to power country's transformation. "On National ...

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Ambedkar inspiration for vibrant maritime sector: Modi - Times of India

Thu, 05/04/2018 - 11:01am

Times of India

Ambedkar inspiration for vibrant maritime sector: Modi
Times of India
It was Babasaheb who gave topmost… https://t.co/jCKzkDO9nQ. — Narendra Modi (@narendramodi) 1522896181000. Modi also wrote that with its rich history, the maritime sector in India has the potential to power country's transformation. "On National ...
PM Modi Says Ambedkar Inspiration for Vibrant Maritime SectorNews18
PM Narendra Modi extends greetings on National Maritime Day, says BR Ambedkar inspiration for vibrant maritime sectorFinancial Express

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Ambedkar inspiration for vibrant maritime sector: Modi - Times of India

Thu, 05/04/2018 - 11:01am

Times of India

Ambedkar inspiration for vibrant maritime sector: Modi
Times of India
It was Babasaheb who gave topmost… https://t.co/jCKzkDO9nQ. — Narendra Modi (@narendramodi) 1522896181000. Modi also wrote that with its rich history, the maritime sector in India has the potential to power country's transformation. "On National ...
PM Modi Says Ambedkar Inspiration for Vibrant Maritime SectorNews18

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Indian companies have scrapped projects worth $117 billion in just one year - Quartz

Thu, 05/04/2018 - 10:45am

Quartz

Indian companies have scrapped projects worth $117 billion in just one year
Quartz
Most companies were using only 71.8% of their existing capacities, according to a Reserve Bank of India (RBI) survey conducted towards the end of the July-September 2017 quarter. In such a scenario, adding more factories and manufacturing units may not ...

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More pain ahead: Indian banks stare at Rs 2.5 trln new bad loans - International Business Times, India Edition

Thu, 05/04/2018 - 7:58am

International Business Times, India Edition

More pain ahead: Indian banks stare at Rs 2.5 trln new bad loans
International Business Times, India Edition
The report is based on the fact that as much as 71 gigawatt of private sector coal-based projects are facing bankruptcy filings at various National Company Law Tribunals, implying probable resolution from June 2019 and it expects an average 75 percent ...

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India's Adani, Torrent eye Brazil's Eletrobras power distribution firms - DEALSTREETASIA

Thu, 05/04/2018 - 6:43am

DEALSTREETASIA

India's Adani, Torrent eye Brazil's Eletrobras power distribution firms
DEALSTREETASIA
At least two Indian companies—Adani Group and Torrent Power—have shown interest in acquiring six electricity distribution firms put on sale by Brazil's Centrais Elétricas Brasileiras, or Eletrobras.

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Adani, Torrent Power eye Eletrobras' power distribution firms - Livemint

Thu, 05/04/2018 - 5:10am

Adani, Torrent Power eye Eletrobras' power distribution firms
Livemint
In one of the largest transactions in the Indian power distribution sector, Adani Transmission Ltd announced the Rs18,800 crore deal for acquiring Reliance Infrastructure Ltd's Mumbai power business in December. Also, Torrent Power had evinced interest ...

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Adani, Torrent Power eye Eletrobras' power distribution firms ... - Livemint

Thu, 05/04/2018 - 5:10am

Livemint

Adani, Torrent Power eye Eletrobras' power distribution firms ...
Livemint
Given the limited opportunities in India, Adani and Torrent Power are attracted by Electrobras' six subsidiaries that are up for sale and supply power to 13 million people in Brazil.

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Artificial Over-Invoicing By Power Cos: Delhi HC Asks CBI If It Has Improperly Closed Enquiry Against Adani - Live Law

Wed, 04/04/2018 - 6:23pm

Artificial Over-Invoicing By Power Cos: Delhi HC Asks CBI If It Has Improperly Closed Enquiry Against Adani
Live Law
Earlier, the court had issued notices to Centre and the Directorate of Revenue Intelligence seeking their response to the allegations made in the petition filed by advocate Pranav Sachdeva seeking an SIT probe into the over-invoicing of power equipment ...

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