Indian Power Sector News

IDFC Alternatives-owned Vector Green Energy acquires First Solar's India assets - VCCircle

Mon, 31/07/2017 - 2:49pm

VCCircle

IDFC Alternatives-owned Vector Green Energy acquires First Solar's India assets
VCCircle
Some of the world's biggest pension funds, including Canada Pension Plan Investment Board and Caisse de dépôt et placement du Québec, are also scouting for deals in India's solar power sector. Like this report? Sign up for our daily newsletter to get ...

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Investors, intermediaries confident of India's 6.5-7.5% GDP growth: Moody's - Business Standard

Mon, 31/07/2017 - 1:48pm

Investors, intermediaries confident of India's 6.5-7.5% GDP growth: Moody's
Business Standard
As for the country's banks, 76 per cent of the persons polled agreed that the greatest risk to the asset quality of Indian banks over the next 1-2 years is their exposures to large corporates in the power, steel and infrastructure sectors. While Moody ...

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Investors confident of India's 6.5-7.5 pc GDP growth: Moody's - SME Times

Mon, 31/07/2017 - 1:33pm

SME Times

Investors confident of India's 6.5-7.5 pc GDP growth: Moody's
SME Times
Some of the largest investors, intermediaries and issuers in Asia Pacific are confident of India's stable economic growth in the region of 6.5 percent and 7.5 percent over the next 12-18 months, Moody's Investors Service said in a statement on Monday.

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India's non farm-loan debts could settle all distressed farm loans, shows an analysis - Firstpost

Mon, 31/07/2017 - 12:22pm

Firstpost

India's non farm-loan debts could settle all distressed farm loans, shows an analysis
Firstpost
Indian companies and individuals owed Rs 4.1 lakh crore to public sector banks in overdue loans in the “non-priority sector”–mainly corporate lending, car loans, personal finance, credit card dues and home loans–as of March 2016. These non-performing ...

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Sharad Yadav on Nitish Kumar joining hands with BJP: Unfortunate that coalition has broken - The Indian Express

Mon, 31/07/2017 - 11:18am

The Indian Express

Sharad Yadav on Nitish Kumar joining hands with BJP: Unfortunate that coalition has broken
The Indian Express
On July 28: “Ultimately our PSUs are used for any social cause like Govt plans to rescue stranded assets in power sector but PSUs disinvested heartlessly.” On July 27, Yadav had hit out at the central government's crop insurance scheme. “Amongst others ...

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Nifty's 10K run - What to do now? - Indiainfoline (blog)

Mon, 31/07/2017 - 11:17am

Nifty's 10K run - What to do now?
Indiainfoline (blog)
July 25th 2017 was a historic day in the history of Indian financial markets as the Nifty 50 touched the 5 digit number for the first time. It was a very significant psychological mark and brought cheers on the faces of market ... Benefit of Reforms ...

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CLP: CLP plans to add scale to India arm through renewable energy ... - Economic Times

Mon, 31/07/2017 - 11:03am

Economic Times

CLP: CLP plans to add scale to India arm through renewable energy ...
Economic Times
MUMBAI: Hong Kong-headquartered utility CLP has plans to add scale to its India arm, driven by renewable energy and transmission projects, and list the ...

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CLP plans to add scale to India arm - Economic Times

Mon, 31/07/2017 - 11:03am

Economic Times

CLP plans to add scale to India arm
Economic Times
CLP India, one of the first foreign companies to enter the Indian power sector, has invested more than Rs. 14,500 crore since it set up shop here in 2002. The company has faced challenges, much like its peers, but is optimistic about the Indian growth ...
India facing renewable energy challenges - UPI.comUPI.com

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Scattered rainfall in Tricity, Met predicts more light rain - The Indian Express

Mon, 31/07/2017 - 6:07am

The Indian Express

Scattered rainfall in Tricity, Met predicts more light rain
The Indian Express
SCATTERED RAINFALL was witnessed in the Tricity on Sunday, with some sectors receiving heavy rain while others going dry. While the meteorological department's observatory at Chandigarh Airport recorded 34 mm rainfall, the observatory at Sector 39 ...

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Nitish Kumar decision to embrace BJP: 'Deeply pained' Sharad Yadav meeting Opposition leaders, likely to speak out ... - The Indian Express

Mon, 31/07/2017 - 3:44am

The Indian Express

Nitish Kumar decision to embrace BJP: 'Deeply pained' Sharad Yadav meeting Opposition leaders, likely to speak out ...
The Indian Express
He has been invited with utmost respect to attend the event,” Tyagi told The Indian Express. Another ... On July 28: “Ultimately our PSUs are used for any social cause like Govt plans to rescue stranded assets in power sector but PSUs disinvested ...

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Per capita power consumption in State abysmally low - Assam Tribune

Mon, 31/07/2017 - 12:17am

Per capita power consumption in State abysmally low
Assam Tribune
In her welcome remarks, Suparna Chatterjee, Deputy Director and Head of Energy initiatives of ICC, emphasised on the ICC's role and focus on the Indian power and energy sector and added that ICC had been working actively on key issues impacting the ...

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IDFC infrastructure fund set to buy First Solar's India portfolio for $300 million - Economic Times

Sun, 30/07/2017 - 11:57pm

Economic Times

IDFC infrastructure fund set to buy First Solar's India portfolio for $300 million
Economic Times
... to make its biggest acquisition till date by taking over the entire 200 megawatts of First Solar's operational portfolio of solar power projects in India for around Rs 1,950 crore ($300 million) as consolidation picks up momentum in the renewable ...

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'Competitive bidding positive for wind industry in the long run' - Hindu Business Line

Sun, 30/07/2017 - 9:44pm

Hindu Business Line

'Competitive bidding positive for wind industry in the long run'
Hindu Business Line
Vikram Kailas, Managing Director and CEO at Mytrah, believes the move from feed-in-tariffs to competitive bidding points to the growing maturity of the Indian wind power sector. “While the bidding mechanism is likely to lead to pressures on the revenue ...

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Investment worth Rs 1325 crore gets government approval - The New Indian Express

Sun, 30/07/2017 - 11:08am

Investment worth Rs 1325 crore gets government approval
The New Indian Express
The Mini Ratna central public sector enterprise of the Ministry of Power has proposed to invest `945 crore in the project which will create job opportunity for 205 people. The unit is likely to start operations from December, 2019, sources said. Tamil ...

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Education loans add to banking sector's NPA problem - The New Indian Express

Sun, 30/07/2017 - 8:21am

The New Indian Express

Education loans add to banking sector's NPA problem
The New Indian Express
In an objective to have universal access to financing, the concept of disbursing education loans was pushed the most by former finance minister P Chidambaram when the United Progressive Alliance government was in power. RBI has also been highlighting ...

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Rajghat plant to be power museum - Times of India

Sun, 30/07/2017 - 1:56am

Times of India

Rajghat plant to be power museum
Times of India
"There are plans to remove some of the existing machinery and use the space for display of the equipment used in the power sector and how it has evolved with time. Since the backdrop will be formed by a former electricity generation plant, it will turn ...

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RBI gives approval to NPCI to operate Bharat Bill Payment System - Kasmir Monitor

Sun, 30/07/2017 - 12:09am

Kasmir Monitor

RBI gives approval to NPCI to operate Bharat Bill Payment System
Kasmir Monitor
Mumbai: National Payments Corporation of India (NPCI) said it has received final approval from the Reserve Bank to function as the Bharat Bill Payment Central Unit (BBPCU) and operate Bharat Bill Payment System (BBPS). "Nearly 45 crore bills, which ...

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What power means to India's 'Most Influential' stars - The Statesman

Sat, 29/07/2017 - 9:32pm

The Statesman

What power means to India's 'Most Influential' stars
The Statesman
The year 2017 seems to be a hat-trick year for many celebrated Indian personalites, including entertainment mavericks to whom power means inner strength which empowers them to give the best to the world, and staying meaningful is being influential ...

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