Ujwal Discom Assurance Yojana

Power sector needs high-voltage measures

Centre, states must work together to cure ills afflicting electricity generation and supply

Thermal power plants trip on twin troubles

India's thermal power plants are suffering not just because of slowing demand but coal-based plants are not generating enough

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.

Payment guarantees for power purchases will boost revival chances of the power sector

About Rs 30,000 crore of bank guarantees will have to be readied by August 1.

Budget 2019 | From power to powerlessness: Risks are real

The Budget should have out-of-the box solutions or should allow the old system of subsidies and money distribution to continue.

DATA STORY | States set to miss UDAY target; here are the 3 major hurdles that lie ahead

A progressive increase of power tariffs was critical to pare down AT&C losses but many states have not raised tariffs, which are hurting discoms

Proposed NPDC imperative to bring structural changes in power distribution: Ind-Ra

The proposed NPDC would help in developing an alternative to these state-owned discoms for power generators and will uplift the whole sector sentiment.

UDAY has been successful in restoring financial health of power distribution cos: Report

Notwithstanding the somewhat weak performance on operational parameters, improvement in DISCOM finances will be hugely beneficial to the entire power sector.

UDAY states see Rs 11,989-cr drop in interest cost

The interest cost of the states part of the UDAY scheme has come down by around Rs 11,989 crore for April-December of 2016-17 over the year-ago period.

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.

Goyal lauds 'Amma' for supporting UDAY last year

Union Power Minister Piyush Goyal today lauded former Tamil Nadu Chief Minister late J Jayalalithaa for her "ability to grasp intricate subject quickly" and appreciated "Amma" for supporting UDAY scheme during his meeting with her in July last year.

Tamil Nadu becomes 21st state to join UDAY

Tamil Nadu today signed the memorandum of understanding to become the 21st state to join UDAY (Ujjwal Discom Assurance Yojana). The UDAY is a scheme to help revive debt stressed electricity distribution companies.

No jail term in Ordinance; 1-2 states to join UDAY: Piyush Goyal

Speaking to CNBC-TV18, Piyush Goyal, the Minister of State for Power, Coal, New and Renewable Energy and Mines said demonetisation will give rich dividends to the poor and merge informal industry with formal industry.

PLF of thermal power plants at subdued level: ICRA

The average plant load factor of thermal power plants on an all India-basis remained subdued in April-August period due to a host of factors including paying capacity constraints of discoms, ICRA said today.

UDAY may not destabilise fiscal consolidation: Ind-Ra

Ind-Ra's estimate shows that the aggregate fiscal deficit of states at 3.2 percent of GDP in 2016-17 is expected to be marginally better than the 3.4 percent in FY16 (revised estimates, RE), the credit rating agency said in a release.

Powering Up: Timeline for states to join UDAY extended

According to the changes in the scheme, states which will be signing on anew will be allowed to convert 75 percent of their debt at one go in this fiscal year itself. They wouldn't have to stagger it.

Here are some investment ideas by Deepak Shenoy

In an interview to Anuj Singhal and Ekta Batra on CNBC-TV18, Deepak Shenoy of Capitalmind.in shared his reading and outlook on market and specific stocks.

We converted India into a nation of coal surpluses: Piyush Goyal

States will be given coal linkages, so that they can use the coal for their own power plants. A framework on coal linkages is a work-in-progress, says Piyush Goyal, Minister of Power, Coal, New and Renewable Energy.

Enough is enough as far as GST proceedings go: Arun Jaitley

In a free-wheeling chat with CNBC-TV18's Shereen Bhan, the Finance Minister said that even if Congress doesn't support GST Bill, he will allow Parliament to do its job. Among other topics, he spoke on the need for consolidation among public sector banks.

See rising demand for coal from steel, cement sectors: Coal Secy

Steel sector is on a strong wicket, as the imposition of minimum import price and safeguard duty on imports has boosted industry, says Coal Secretary Anil Swarup.

30% of state public enterprises loss-making: RBI report

This has adverse fiscal consequences since loss-making SLPEs depend on budgetary support, impacting the state finances instead of bolstering them, said the report titled 'State finances: A study of Budgets of 2015-16', released by RBI here.

BHEL soars 5%, CLSA sees 40% growth in co's FY16 order inflow

CLSA has assigned outperform rating to BHEL, saying the state-run power equipment maker could report 40 percent year-on-year growth in FY16 order inflows.

Energy efficiency will help save $6.5 bn/yr: Piyush Goyal

The Centre's Domestic Efficient Lighting Programme will result in savings of up to USD 6.5 billion annually through energy efficiency and also help reduce carbon dioxide emission by 80 million tonnes (MT), Power and Coal Minister Piyush Goyal said today.

Odisha to amend FRBM Act to create fiscal space

The amendment is being made as per the flexibility provided by the 14th Finance Commission in its Fiscal Consolidation Roadmap to set the fiscal deficit targets and annual borrowing, Chief Secretary A P Padhi said.