Power Companies

Traditional power-generation segments are looking for more support for domestic manufacturing of thermal power equipment.

Steel, power & cement companies bag major slice of blocks auctioned in 6th commercial coal auctions

Last month on March 29, the Ministry of Coal signed agreements for the 29 coal mines auctioned under the sixth round of auction.

Budget 2021: Power producers demand tax cuts on coal

A number of representations have been made to the Coal Ministry by a host of power producing companies as the government plans its annual budget.

Smart meters need smart planning

Full-fledged roll-out of prepaid meters tough to execute unless states come on board and funds are in place

Discoms' outstanding dues to power gencos rise 48% to Rs 81,010 crore in October

Distribution companies (discoms) owed a total of Rs 54,654 crore to power generation companies in October 2018, according to portal PRAAPTI (Payment Ratification And Analysis in Power procurement for bringing Transparency in Invoicing of generators).

Policy | Uday 2.0 – Will it make the end consumer more powerful?

The government is proposing to build dis-incentives in the form of denying loans and grants for discoms that do not set their house in order and reduce losses.

80% of sanctions in Q3 for renewable sector: PTC Fin Svcs

In Q3 results released on Monday, the company said its net profit had risen 19.8 percent year-on-year to Rs 83.2 crore.

Power Min to discoms' rescue: May lower interest rates

States have also asked for some favours from the Central government which includes the Centre providing funds for interest subsidy on loans of over Rs 40,000 crore.

Rel Power, Essar Power seek lenders nod to refinance loans

Debt-laden companies have queued up to avail easier repayment terms under the 5:25 scheme.

Pvt power cos to get up to Rs 7,500 cr subsidy in 2 years

Thirty-one power stations with a combined capacity of 14,305 megawatt, which are languishing for want of gas, can bid support from the Power System Development Fund (PSDF) for generating 30 percent of their installed capacity, called plant load factor or efficiency, with imported liquefied natural gas (LNG).

Prefer power companies, says Ajay Srivastava

Ajay Srivastava, CEO at Dimension Consulting prefers power companies, which will give 20-30 percent annualised return.

Big blow to NTPC in CERC‘s final tariff regulations

A pro-development judgement has come in from CREC favouring some of the private power players but this has been a big blow for power companies like NTPC where CERC has finalised its overall regulations for FY15 to FY19 and there is no major change they have considered from the draft recomendations which came out in December 2013.

Review pass through policy for coal import: Govt told

The panel's recommendations come barely a couple of months after the government allowed power companies to pass on cost of imported coal to consumers, a move that is likely to raise electricity tariff.

Will these 17 power stocks gain muscle hereon?

India's electricity generation is dominated by state-run NTPC and stock was one of the few to have survived the carnage that its peers in the private sector have seen.

Power cos must cut tariff if global prices fall: Expert

Power companies which seek hike in tariffs due to global factors should also reduce rates when international coal prices soften, an expert has said.

Prefer PSU power cos; Power Grid, NTPC, NHPC top bets: IIFL

Harshvardhan Dole, IIFL prefers PSU companies over the private ones. He is betting big on Power Grid, followed by NTPC and NHPC.

Coal India down 2% on audit demand by shareholder

Coal India shares are down around 2 percent to Rs 297.50 on media reports that a minority shareholder in the company has written to the Prime Minister‘s Office (PMO) seeking an audit by the Comptroller Auditor General (CAG) for fuel supply agreements (FSAs) signed between the miner and its customers.

Currently facing excess capacity of 10-15%: Tata Power

Speaking to CNBC-TV18, Anil Sardana, MD of Tata Power says the government needs to take more steps to bring reforms in the sector.

Don't see Nifty below 5800; bet on TN sugar cos: Tulsian

SP Tulsian of sptulsian.com says, in an interview to CNBC-TV18, that the Nifty is not likely to fall below 5,800. Though he is not positive on the sugar segment, he favours all the major Tamil Nadu-based sugar stocks.

Power Min looking into issues raised by pvt power producers

Power Minister Jyotiraditya Scindia is discussing within the Ministry the recent proposals submitted by the private power producers to address fuel supply issues as well as to revive the crisis-hit sector.

Single FSA for PSUs and private coal consumers

There would a single "Fuel Supply Agreement" (FSA) draft for both public and private sector power companies seeking coal from Coal India Ltd.

Power cos may buy coal from sources other than CIL: Govt

Power companies may secure coal from alternative sources in the absence of sufficient supply of the fuel from state-run Coal India, Parliament was informed.

Govt nod for power companies' deferred gas supply plan

CNBC-TV18's Dimple Daswani and Archana Shukla report that the government has approved the proposal of deferred gas supply offered by power plants to ensure generation of power

SEB reform long term positive for power cos: Credit Suisse

With the central government set to come out with a financial package for loss-making state electricity boards, Amish Shah of Credit Suisse feels the move will help power generators improve their working capital cycle as they can now hope for timely payments from their customers (state electricity boards).

GAIL provided Rs 246cr undue benefit to pvt power cos: CAG

The Comptroller and Auditor General (CAG) has pulled up gas utility GAIL India for giving over Rs 246 crore of undue benefit to private power producers by supplying natural gas at subsidised rates.