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Moneycontrol

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Associate Partners

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  • Power sector sees coal supply from CIL rising to 420MT in FY17 Apr 19, 2017 02:51 PM IST

    Power sector sees coal supply from CIL rising to 420MT in FY17

    The increase in supply comes at a time when demand of coal by the power sector has picked up on back of economy doing well.

  • A2Z Infra bags Rs 222 cr contract from Chhattisgarh utility Mar 10, 2017 08:46 AM IST

    A2Z Infra bags Rs 222 cr contract from Chhattisgarh utility

    The company "has been awarded three contracts from Chhattisgarh State Power Distribution Company Ltd (CSPDCL) vide letter of awards dated March 8, 2017 and the aggregate value of the contracts is Rs 222,57,18,684," A2Z Infra Engineering said in a filing to BSE.

  • PFC provides Rs 2,703 cr to WB's 1st super critical project Mar 07, 2017 02:38 PM IST

    PFC provides Rs 2,703 cr to WB's 1st super critical project

    "PFC, a Non-Banking Financial Company (NBFC) in power sector, has sanctioned a term loan of Rs 2,703.88 crore to West Bengal Power Development Corporation Ltd (WBPDCL) for construction of Unit 5 (1 X 660 MW) under phase III of Sagardighi Thermal Power Station in Murshidabad," the company said in statement.

  • India's GAIL signs 1st time-swap deal for US LNG with Gunvor Mar 03, 2017 12:36 PM IST

    India's GAIL signs 1st time-swap deal for US LNG with Gunvor

    It is the first time-swap agreement by GAIL, which is trying to juggle its LNG portfolio to cut costs for price-sensitive Indian customers after a sharp fall in Asian spot prices made its US gas unattractive.

  • NHPC to buy back shares worth Rs 2,616 cr Feb 28, 2017 06:53 PM IST

    NHPC to buy back shares worth Rs 2,616 cr

    The buyback will be offered at the rate of Rs 32.25 per equity share payable in cash.

  • Tata Power generation capacity up 8% in Q3 FY'17 Feb 28, 2017 02:08 PM IST

    Tata Power generation capacity up 8% in Q3 FY'17

    According to the statement, standalone generation stood at 13,022 MUs (million units) in Q3 FY'17, as against 12,032 MUs during the same quarter of FY'16.

  • 'Coal to dominate power sector despite growth in renewables' Feb 22, 2017 07:40 PM IST

    'Coal to dominate power sector despite growth in renewables'

    India's power sector will continue to be dominated by coal over the coming decade despite significant growth in cleaner fuels or renewables, says BMI Research.

  • Cabinet approves setting up of 50 more solar parks Feb 22, 2017 03:22 PM IST

    Cabinet approves setting up of 50 more solar parks

    Speaking to CNBC-TV18, Power Minister Piyush Goyal said the central support had been doubled to Rs 8,000 crore based on the successful bidding for the Rewa solar park where they discovered a price of 2.90 per unit of solar energy.

  • Power Ministry misses target despite rise in output for Nov-Dec Jan 30, 2017 08:32 AM IST

    Power Ministry misses target despite rise in output for Nov-Dec

    According to the Central Electricity Authority monthly report, total power generation in the country was 95.123 billion units (BUs) in December 2016, which was 6.13 percent higher than 89.625 BUs electricity generation in the corresponding month previous year.

  • Govt taking initiatives to ensure 24x7 power supply: J&K Dy CM Jan 28, 2017 03:16 PM IST

    Govt taking initiatives to ensure 24x7 power supply: J&K Dy CM

    The Deputy Chief Minister was replying to the discussion on the demands of grants for PDD, Housing and Urban Development departments in the state Assembly here yesterday.

  • Budget 2017: Renewables industry looks to Budget to give it a booster dose Jan 25, 2017 01:34 PM IST

    Budget 2017: Renewables industry looks to Budget to give it a booster dose

    The upcoming Union Budget of 2017 should also look at providing definitive answers for delayed payments that continue to plague the industry, particularly in the wind sector.

  • Coal India supply to power sector drop 3.6% to 288 MT Jan 23, 2017 03:22 PM IST

    Coal India supply to power sector drop 3.6% to 288 MT

    According to official data, coal dispatches to the power sector in the same period of previous fiscal were 299.1 million tonnes (MT).

  • CoalMin to move Cabinet soon for fuel linkages to power sector Jan 18, 2017 09:50 PM IST

    CoalMin to move Cabinet soon for fuel linkages to power sector

    The coal ministry will soon seek the Cabinet's approval for the auction of coal linkages for the power sector.

  • Look to sustain 35% growth in sanctions, disbursement in H2: REC Jan 17, 2017 11:19 AM IST

    Look to sustain 35% growth in sanctions, disbursement in H2: REC

    Speaking to CNBC-TV18, PV Ramesh, CMD, Rural Electrification Corporation (REC) said government's efforts to ensure power for all by providing a boost to discoms through Ujwal DISCOM Assurance Yojana (UDAY) scheme has led to a robust growth in the sector.

  • Power sector sees 6% fall in coal supply from CIL Dec 29, 2016 04:10 PM IST

    Power sector sees 6% fall in coal supply from CIL

    The supply of coal to the power sector by state-owned CIL saw a fall of 6 per cent at 33.7 million tonnes last month, even as the government claimed in October that the demand for fossil fuel has started picking up.

  • Demonetisation positive for power sector: Mercom Dec 05, 2016 03:18 PM IST

    Demonetisation positive for power sector: Mercom

    Quoting a number of discoms and government officials on the issue, the consulting firm also said that the power sector could also benefit from relaxed lending and lower rates, among other things.

  • Moody's upgrades India's power sector outlook to stable Dec 01, 2016 03:00 PM IST

    Moody's upgrades India's power sector outlook to stable

    In addition, the government's debt restructuring of the financially weak distribution utilities through UDAY scheme will likely improve their financial capacity to make timely payments to power generators, it said.

  • Coal India's supply to power sector dips 4% in Apr-Oct Nov 27, 2016 11:34 AM IST

    Coal India's supply to power sector dips 4% in Apr-Oct

    Coal India (CIL) supplied 225.1 million tonnes (MT) of coal to the power sector in the April-October period last fiscal, according to the latest government data.

  • BHEL up 2%; Deutsche Bank bullish on industrial sector Nov 03, 2016 12:53 PM IST

    BHEL up 2%; Deutsche Bank bullish on industrial sector

    According to Deutsche Bank, the proposal will raise utilisation (plant load factor) by 5-7 pps to multi-year highs of 81 percent by FY21. It says power shortages could return earlier than expected by FY20-21, but efficiency will improve as sub-optimal units are shut.

  • Coal India's coal supply to power sector dips 3% in Apr-Sep Nov 02, 2016 03:08 PM IST

    Coal India's coal supply to power sector dips 3% in Apr-Sep

    The dispatch of dry fuel by Coal India (CIL) in the corresponding period of FY'16 was at 190.6 MT, government data said.

  • Tata Power appoints 3 independent directors Oct 18, 2016 02:38 PM IST

    Tata Power appoints 3 independent directors

    The appointments are in terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Tata Power said in a statement today.

  • Lack of reforms created huge NPAs in infra, power sectors: FM Oct 13, 2016 10:02 PM IST

    Lack of reforms created huge NPAs in infra, power sectors: FM

    "There are at least two sectors - infrastructure and power- where we can't blame external factors. Our own inability to bring in reforms adequately in these sectors, I think, caused the difficulty (in banks books)," Jaitley told the BRICS Economic Forum here.

  • Schneider to open training centres in 500 districts in India Oct 13, 2016 08:22 AM IST

    Schneider to open training centres in 500 districts in India

    The alliance between Ministry of Skill Development & Entrepreneurship and Ministry of Education, France, to increase cooperation among entities from both the countries through public-private-partnership (PPP) models is aimed at addressing the huge skilled manpower gap in India's power sector.

  • Coal dispatch by Coal India to power sector dips 13% in August Oct 06, 2016 02:26 PM IST

    Coal dispatch by Coal India to power sector dips 13% in August

    State-owned Coal India (CIL), which accounts for over 80 per cent of domestic coal production, dispatched 30.25 MT of coal in the same month last fiscal, according to government data.

  • India great platform for power demand: Sembcorp Oct 01, 2016 10:28 AM IST

    India great platform for power demand: Sembcorp

    Describing India as a growth platform in power sector, a Singapore-based firm has said it will enhance its presence in the country to tap the ever-growing power market.

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