Indian Power Sector News

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Holding steady: Srei sees opportunities in stressed power, road sectors - Financial Express

Mon, 17/08/2015 - 12:35am

Financial Express

Holding steady: Srei sees opportunities in stressed power, road sectors
Financial Express
The Kanorias forayed into the power sector in 2003 with the incorporation of India Power Corporation Ltd (IPCL), which has generation assets and also runs distribution networks, while Bharat Road Network Ltd (BRNL), supported by the group, has a ...

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Railways may buy stressed power projects - Livemint

Mon, 17/08/2015 - 12:22am

Livemint

Railways may buy stressed power projects
Livemint
The abundance of distressed projects in the power sector may provide Indian Railways, which needs about 12 billion units of electricity a year, an attractive opportunity to buy assets at a cheap price. Companies, which started building power projects ...

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Far-reaching amendments to Electricity Act 2003 may run into political roadblocks - The Hindu

Sun, 16/08/2015 - 10:57pm

Far-reaching amendments to Electricity Act 2003 may run into political roadblocks
The Hindu
The proposed amendments to the Electricity Act, 2003 through the Electricity Amendment Bill, 2014, has already attracted the ire of some state governments, as it will have deep impact on the Indian power sector. “The key intent behind the amendments is ...

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50 Indian companies to promote 'Brand India' at Nigeria show - Business Standard

Sun, 16/08/2015 - 6:16pm

50 Indian companies to promote 'Brand India' at Nigeria show
Business Standard
... Bajaj Auto Birla Group, Mahindra and Mahindra, Ashok Leyland, NIIT, ApTech, New India Assurance, Bhushan Steel, and Dabur. Another 15 Indian companies are currently operating in Nigeria's power sector. Pharmaceuticals, steel and power transmission ...

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Time is right for Modi to push through Indian energy reforms - The National

Sun, 16/08/2015 - 3:55pm

The Statesman

Time is right for Modi to push through Indian energy reforms
The National
Although India's ailing power sector is dominated by coal, not an area of much UAE expertise, Masdar – which Mr Modi is due to tour today – could contribute to his administration's vision of “the renewable energy capital of the world”, with a target of ...
PM Narendra Modi has gone from bully pulpit to counsel for defenceThe Indian Express
Diversity, unity are India's wealth: PMThe Statesman
Energy, bilateral trade to be on top of Modi's agendaZawya (registration)
The Hans India -Trade Arabia
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Need Authority to Cancel Power Purchase Pacts: Kejriwal - The New Indian Express

Sat, 15/08/2015 - 5:20pm

The New Indian Express

Need Authority to Cancel Power Purchase Pacts: Kejriwal
The New Indian Express
The DVB, which used to supply electricity in Delhi, was disbanded in 2002 as part of reforms in the power sector. However, the private power distribution companies were made to comply with various pacts DVP signed with central government entities.

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From West Bengal to Punjab: Here is how India celebrated 69th Independence Day - The Indian Express

Sat, 15/08/2015 - 2:27pm

The Indian Express

From West Bengal to Punjab: Here is how India celebrated 69th Independence Day
The Indian Express
Referring to comments in some quarters (prior to bifurcation of Andhra Pradesh) that Telangana would face problems in the power sector, he said the government is now able to provide electricity supply without power cuts. The Chief Minister announced ...

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Government interference to be checked: 'Indradhanush' to counter bad loans ... - The Indian Express

Sat, 15/08/2015 - 2:05am

Financial Express

Government interference to be checked: 'Indradhanush' to counter bad loans ...
The Indian Express
To improve the efficiency and functioning of public sector banks (PSBs) and reduce their bad loans, the government on Friday announced a comprehensive seven-point framework called 'Indradhanush' that included setting up a Bank Board Bureau and a ...
Centre unveils public sector banks revamp road mapFinancial Express
Big bang reforms for govt banksBusiness Standard

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Centre unveils public sector banks revamp road map - Financial Express

Sat, 15/08/2015 - 1:29am

Financial Express

Centre unveils public sector banks revamp road map
Financial Express
The government reckons greater professional autonomy envisaged under the revamp plan termed Mission Indradhanush coupled with the solutions to problems faced by sectors that contributed the most to PSBs' stressed assets — steel, power (including ...
Big bang reforms for govt banksBusiness Standard
Govt interference to be checked: 'Indradhanush' to counter bad loans, revamp PSBsThe Indian Express

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Gujarat confessional: Industry investments dip - Times of India

Sat, 15/08/2015 - 12:48am

Daily News & Analysis

Gujarat confessional: Industry investments dip
Times of India
Agarwal was speaking at an interactive session on 'Make In India at Gujarat' at the Confederation of Indian Industry (CII) House. "Since we have done very well in the power sector in Gujarat, people invested here despite the fact that we gave them ...
Gujarat facing tough competition on investment front: OfficialEconomic Times

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Gujarat facing tough competition on investment front: Official - Economic Times

Fri, 14/08/2015 - 9:12pm

Gujarat facing tough competition on investment front: Official
Economic Times
"Since we have done very well in power sector in Gujarat, people invested here despite the fact that we gave them costly power. But now the power sector scenario is changing in other states too... People are moving to other states as uninterrupted ...

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Research and Markets: India Power Market Outlook to 2025, Update 2015 ... - Business Wire (press release)

Fri, 14/08/2015 - 7:58pm

Research and Markets: India Power Market Outlook to 2025, Update 2015 ...
Business Wire (press release)
This report elaborates India's power market structure and provides historical and forecast numbers for generation, capacity and consumption up to 2025. Detailed analysis of the Indian power market's regulatory structure, import and export trends ...

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Modi government bogged down by bureaucracy and politics: US think-tank - Economic Times

Fri, 14/08/2015 - 12:34pm

Modi government bogged down by bureaucracy and politics: US think-tank
Economic Times
"Yet there are tremendous opportunities before the Modi government: there is still tremendous popular support for Mr (Narendra) Modi personally, the corporate sector is still hopeful of change, the global environment has been helpful and India's ...

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CG Wins Rs 300 Crore of Orders from Power Grid for Transmission Equipments - Financial Express

Fri, 14/08/2015 - 6:00am

Energy Business Review

CG Wins Rs 300 Crore of Orders from Power Grid for Transmission Equipments
Financial Express
A robust UHV infrastructure will be the key to the future of the power sector in India and CG has displayed its superiority in manufacturing and supplying high quality equipments that make us the partner of choice to build the national transmission ...
Power Grid Corporation awards Rs 300 cr contract to Crompton GreavesBusiness Standard
CG to supply power transformers to Power Grid in IndiaEnergy Business Review

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India has 17.9% untapped energy-efficiency potential: Study - Economic Times

Thu, 13/08/2015 - 3:43pm

India has 17.9% untapped energy-efficiency potential: Study
Economic Times
The research further provides an estimate on the unused potential for electricity-efficiency (usage and cost-savings, expressed as a proportion of total electricity consumption) in the manufacturing sector, putting India in the second position ...

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The next frontier is solar power: W Bengal Minister - Knn India

Thu, 13/08/2015 - 12:42pm

Knn India

The next frontier is solar power: W Bengal Minister
Knn India
The next frontier is solar power: W Bengal Minister Kolkata, Aug 13 (KNN) With the cost of import of coals for producing thermal power increasing, the next frontier is solar power, said West Bengal Minister for Power and Non-Conventional Energy Sources ...

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SoftBank seeks major policy shift in global tenders for solar power - Economic Times

Thu, 13/08/2015 - 6:06am

SoftBank seeks major policy shift in global tenders for solar power
Economic Times
NEW DELHI: SoftBank founder Masayoshi Son's ambitious proposal to produce 20 gigawatts (GW) of solar energy in India has triggered a major policy shift with the government now looking at issuing mega global tender packages inviting companies to set up ...

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Indian Railways plans energy cost reduction - Livemint

Thu, 13/08/2015 - 1:20am

Livemint

Indian Railways plans energy cost reduction
Livemint
The national transporter plans to build a transmission network as per the recommendation of the Central Electricity Authority, India's apex power sector planning body, said Navin Tandon, member, electrical, Railway Board. “The MoUs provides a framework ...
Government focussed on development programmes: Piyush GoyalEconomic Times
Railways Ministry signs four MoUs to improve efficiencyIndiainfoline

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Obama's Clean Power Plan Could Have Lessons For India – OpEd - Eurasia Review

Thu, 13/08/2015 - 12:34am

Rochester Democrat and Chronicle

Obama's Clean Power Plan Could Have Lessons For India – OpEd
Eurasia Review
The basic features of Obama's plan may be summarized as follows – (1) New national carbon pollution standards for the first time for power plants, aimed at cutting carbon and particulate emissions (2) Reduction (over 2005 levels) from the power sector ...
New York ahead of the game on cutting emissionsThe Journal News | LoHud.com
Utilities: Shift in New York powerRochester Democrat and Chronicle

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ICRA: Financial performance of Indian corporate sector failS to improve in FY 2015 - Indiainfoline

Wed, 12/08/2015 - 7:25am

Indiainfoline

ICRA: Financial performance of Indian corporate sector failS to improve in FY 2015
Indiainfoline
We expect this trend to continue in the near-term as many of the core sectors continue to face structural issues. For instance, power sector, which accounts for majority (21%) of the debt in our sample faces challenges in form inadequate feedstock ...

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