Oct 09, 2020 09:56 AM IST
Higher cash flows, asset monetisation and expected recovery in the consultancy and telecom business should lead to better earnings for Power Grid
- Mar 08, 2019 05:32 PM IST
To deal with stressed assets, the government has cleared 3760 MW projects worth Rs 31,560 crore. This is a small step for a sector which is sitting on close to 25,000 MW of stressed assets.
- Feb 22, 2017 03:22 PM IST
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.
- Jan 17, 2017 11:19 AM IST
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.
- May 24, 2016 08:04 AM IST
The next couple of months will see a lot of volatility in emerging markets as Brexit and US Fed developments could weigh heavily, says Rashesh Shah, Chairman and CEO, Edelweiss Group.
- Apr 07, 2016 01:11 PM IST
Speaking to CNBC-TV18, Sushil Maroo said that the power sector expects a more benevolent approach financial institutions and the RBI as the industry is going through a rough patch where completion of projects has delayed and demand is short.
- Dec 28, 2015 04:51 PM IST
Speaking with CNBC-TV18, Naveen Sawhney, CMD of Cords Cable said that there has been an increased demand from railways, hydrocarbons and the power sector and fresh orders worth Rs 100 crore are expected in the fourth quarter of this fiscal.
- Dec 08, 2015 10:45 AM IST
Kushal Desai, MD of Apar Industries says that demand is picking-up in the power sector slowly.
- Nov 06, 2015 10:07 AM IST
Prabodh Agrawal of IIFL Institutional Equities has sharply reduced this year's Nifty earnings estimate to 8 percent from 16-17 percent at the beginning of the year
- Nov 06, 2015 08:40 AM IST
Vikas Khemani of Edelweiss believes the US Federal Reserve commentary is a lot more impactful for the markets because of its global nature than Bihar polls. He does not think the government will change its business based on Bihar
- Nov 05, 2015 10:07 AM IST
Mahesh Patil of Birla Sun Life AMC does not see Bihar election outcome impacting the markets much. However, if there is any correction in the market post Bihar polls, investors should use it as a buying opportunity, he adds
- Jul 13, 2015 11:19 AM IST
Devansh Jain, Director, Inox Wind speaks about the wind energy business in India. The company expects incremental orders worth 1,000-1,500 MW in the coming days. As of March 2015, it had an order book of 1400 MW.
- Jun 08, 2015 10:41 AM IST
RS Ramasubramaniam, co-chairman of Feedback Infra, says power requirement has grown by 5 percent in the last 5 years, while availability has historically grown by 6-6.5 percent. Power contraction was around 10 percent in April 2015 versus historical growth rate.
- May 22, 2015 09:49 AM IST
Sources say the coal ministry is planning to push for coal mines and linkage auction next. The government intends to focus on meeting the demands of unregulated sector, which includes iron, steel, cement and aluminium industries.
- May 19, 2015 10:43 AM IST
Sajjan Bhajanka, MD, Century Plyboards is confident of maintaining 25 percent CAGR in FY16 too. The company is all set to launch new ad campaigns in June to improve sales.
- May 01, 2015 01:28 PM IST
Power Secretary said an amendment to the Electricity Act is underway to ensure wealthy consumers can buy directly from power generators, bypassing DISCOMs. This direct access was promised in the Electricity Act 2003.
- Feb 20, 2015 12:08 PM IST
Shankar K of Edelweiss Securities says he was expecting the bidding to be aggressive for the power sector especially since there is a huge mismatch between demand and supply.
- Jan 30, 2015 01:20 PM IST
Vikram Limaye of IDFC says it just has to make sure that its balance sheet transition in terms of size of balance sheet that it has when it becomes a bank is also managed in a way that it is regulatory compliant.
- Oct 30, 2014 12:33 PM IST
Sachin Shah, fund manager, Emkay Investment Managers expects a lot of the hurdles in the power sector ebbing, going ahead.
- Oct 17, 2014 05:46 PM IST
About 1 lakh megawatt capacity of the private sector is under stress and these entail investment of about Rs 8 lakh crore and banks have an exposure of about Rs 5 lakh crore.
- Oct 16, 2014 09:42 PM IST
Sources say the ministry has called an emergency meeting of banks and power sector representatives to figure out how to get the cash-strapped sector some relief.
- Aug 26, 2014 01:28 PM IST
Ranjan Dhawan does not think the impact of SC ruling will be too profound, but feels investors should wait and watch.
- Aug 22, 2014 09:36 PM IST
AM Naik, Group Executive Chairman, L&T is very optimistic about the growth in the Indian market looking at the new government‘s strategies and policies. He feels all of that is in place and he feels that a quicker implementation of projects would happen.
- Feb 24, 2014 11:51 AM IST
The entire power sector is on fire today especially stocks like Tata Power and Adani Power reacting to that favorable ruling which has come from CERC where in CERC has allowed almost an entire pass through of the fuel cost giving a compensatory tariff hike which is very close to what the Deepak Parikh committee recommended.
- Dec 21, 2013 06:19 PM IST
He says a 3rd of the Indian population came out of poverty in the last 10 years. There is a need to raise manufacturing to 25% of GDP.