State Electricity Board

Cancellation of power purchase agreements will dent investors’ appetite for solar energy projects

Bullish on NTPC, Power Grid: Parag Thakkar

Parag Thakkar of HDFC Securities has a bullish view on NTPC and Power Grid.

Discoms paying power cos after debt recast, OBC confirms

After media reports suggested that the UP State Electricity Board (SEB) had recast its loans, CNBC-TV18 spoke with Oriental Bank of Commerce Chairman SL Bansal -- one of the bankers who is part of the consortium -- who confirmed the news.

Taher Badshah positive on cement space

Taher Badshah of Motilal Oswal Asset Management is positive on cement space. "One can probably see a good top-line as well as bottom-line growth in this space for the next 12-18 months," he adds.

Bad assets not from any particular sector: PNB

Punjab National Bank's second quarter (July-September) net profit fell nearly 12% year-or-year to Rs 1,066 crore in 2012-13. Provisions against bad loans dented its profit margin. In an interview with CNBC-TV18, KR Kamath, chairman and managing director, Punjab National Bank pointed out that NPAs were well spread across sectors.

BHEL, Tata Motors will aid rally, not ITC, HUL: PN Vijay

Even as people are not expecting too much from the earnings season, there is high expectation that the investment to GDP cycle in India will improve, believes portfolio manager PN Vijay.

Power tariff hikes need to be 5-10% for healthy discoms

Loss making power distribution companies would have to keep hiking rates by 5-10% for the next five years to break-even, according to a report.

Tamil Nadu SEB to clear dues in 3 months: PTC India CMD

In an interview to CNBC-TV18, the company‘s chairman and managing director,Tantra Narayan Thakur said the fall in topline was due to conservative merchant rates

Wait for stock prices to fall before investing: Nirmal Bang

In an interview to CNBC-TV18, Mehraboon Irani, principal and head – private client group business, Nirmal Bang Securities says there is a lot of negative sentiment in the market right now.

Tamil Nadu 'power'less; power shortage hurting biz

The industry is literally powerless in Tamil Nadu with the state electricity board (SEB) sunk in debt. With the state falling short of 4000 MW of power, the situation is going from bad to worse, reports CNBC-TV18's Swathi Narayanan.

Opt for power plays insulated from macro issues, says IIFL

Harshavardhan Dole of IIFL tells CNBC-TV18 the best bet in the power space is large cap names that are relatively insulated from macro issues.

Re fall to hurt P&L by Rs 30cr per annum: India Cements

Speaking to CNBC-TV18, VM Mohan of India Cements says that the depreciation of Rs 5 in the rupee has hurt their P&L by Rs 30 crore per annum.

Tamil Nadu and UP to start coughing up money soon: PTC

N Thakur, chairman and managing director of PTC India spoke to CNBC-TV18 about issues that plague that power industry in India, particularly the bankruptcy of SEBs.

Power prices in India will have to move up: Adani Power

In an interview to CNBC-TV18, Prabal Banerjee, CFO of Adani Power says it is now time for the State Electricity Board's (SEBs) to increase the power tariff. After reporting its Q2 results, talking about the pressure seen due to high coal prices, Banerjee says the power prices will have to move up to accommodate the rising costs.

Opposition walkout in Assembly over power crisis

CPI-M led LDF opposition today staged a walkout in the Assembly protesting against Speaker G Karthikeyan's refusal to entertain an adjournment motion on the power crisis despite Power Minister Aryadan Muhammed's assurance to lift the present 30-minutes load shedding.

Banks to stop loans to loss-making state electricity boards

Many banks are set to stop lending to loss making distribution companies. Some banks are even considering putting limits on their exposure to these companies, reports CNBC-TV18's Gopika Gopakumar.

Jindal Power Ltd IPO launch can be expected around October

The much-awaited initial public offer of Navin Jindal-led Jindal Power Ltd, which is expected to rake in up to Rs 7,000 crore, may hit the capital market around October this year, a source close to the development said.