The government will fund 80 percent of the prototype cost and partners will be expected to fork out the remaining 20 percent.

To finalise on stressed assets within 6 months: Tata Power

With many investors ready to back them the company is hopeful of acquiring few distressed assets within the next six months, said Anil Sardana, MD of Tata Power.

Aptel order victory for Reliance Infra's stand: Lalit Jalan

Lalit Jalan, Group Director - Strategy & Corporate Affairs of Reliance Group said that Aptel order has created a level playing field.

Tata Power awaits APTEL & SC order to implement CERC tariff

The Supreme Court in August 2014 had stayed an order by the APTEL allowing Tata Power Co. Ltd and Adani Power Ltd to charge higher prices for electricity produced from their plants in Mundra, Gujarat.

Exposure to power sub-7%, Sept 1 order to give clarity: BoB

Ranjan Dhawan does not think the impact of SC ruling will be too profound, but feels investors should wait and watch.

Hail CERC order on Tata Power & Adani Power: Nishith Desai

According to Jain, CERC's authority had already been upheld by APTEL and the Supreme Court.

CERC order will aid discoms' finances: OBC

SL Bansal, chairman and managing director, Oriental Bank of Commerce, says the bank won't convert any loans to bonds for dicoms in Q4.

CERC tariff hike may need state regulator nod: Raj discom

RG Gupta said much depends upon the specific conditions under which the hike was allowed by the CERC and the kind of agreement that they had entered into with the power gencos.

20% tariff cut to hurt sector, hold Tata Power: Antique

In the last 6-8 months, fair and remunerative price (FRP) had gained momentum, due to which the dependence of these distribution companies (DISCOMs) on banks funding had reduced substantially.

'Deficit southern states to benefit from grid unification'

RV Shahi, Former Power Secretary says the total generation capacity at the moment is 240,000 MW, whereas the grid is drawing not more than 120,000-130,000 MW.

NTPC incentive unlikely under draft power rules: Quant

Abhineet Anand, Power Analyst, Quant Capital, spoke with CNBC-TV18 on the impact of the CERC draft regulations on NTPC and other power companies.

Final order on Mundra UMPP likely by Dec-end: Tata Power

To combat the constant changes taking place in the variable cost, the company has requested for pass-through of the variable cost said Anil Sardana, MD, Tata Power

Recovery of costs key to survival of power cos: Experts

The Deepak Parekh panel has already recommended a compensatory tariff of 45-55 paise for Tata Power's 4,000 MW Mundra plant and a tariff increase to the tune of 60 paise for Adani Power's 4,620 MW Mundra plant.

Yet to get clarity on power price hike: Adani Enterprises

Adani Enterprises is looking forward to margin improvement in FY14 , once it starts charging higher tariff from consumers.

Which firms will get impacted by coal pool pricing move?

Salil Garg of India Ratings said, “Only on those power generators or those new Independent Power Producers (IPPs) who are not operating on the cost plus model and those who have either bid on a fixed price basis and they are unable to pass through the increased cost of the imported coal back to the consumers, will be impacted by this decision.”

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.

Expect order on Tata Power, Adani Power cases soon: CERC

Pramod Deo, chairperson, CERC, says that the hearing process is complete and the orders on petitions moved by Tatas and Adanis seeking higher tariff for electricity generated from their imported coal-fired projects in Gujarat will be announced soon.

IIFL expects power sector to perform well over 6-12 months

"Power stocks are underperforming due to routine profit booking," says Harshavardhan Dole, analyst, IIFL in an interview to CNBC-TV18. Dole expects the power sector to perform well over the 6-12 months, as the sector heads into recovery.

See higher coal sale volume in Q3, says Tata Power MD

Private power producer Tata Power posted a lower than expected consolidated net loss of Rs 83.8 crore in the second quarter of the current financial year as against a loss of Rs 1,187 crore in a year ago period. The company‘s consolidated net sales increased 17.8% to Rs 7,399 crore from Rs 6,282 crore during the same period.

Tata Power bottomline to improve Q2 onwards, says MD

Anil Sardana, MD, Tata Power, says that the revenue of the company grew by above 20%. Positively, the Mundra unit which was commercialized in July-end has in the last 15 days is working at 100% plant load factor.

Will power grid failure stir in reforms? Experts discuss

Last week 21 Indian states plunged into darkness as the northern, north-eastern and eastern grids collapsed. Power was restored within the day but, India's abysmal infrastructure created headlines around the world. An embarrassed government put up a brave defense.

L&T teams up with Tata, HCL for Rs 10,000cr defence deal

News of an important defence deal that could have been won by a consortium of companies including L&T is doing the rounds. MV Kotwal, Member of L&T Board & President-Heavy Engineering, tells CNBC-TV18 that the company has partnered with Tata Power and HCL for the deal.

Tariff revision for Mundra UMPP not lost cause: Tata Power

In an exclusive interview to CNBC-TV18, managing director of Tata Power Anil Sardana says that a tariff revision for its Mundra ultra mega power project is not yet a lost cause.

To build energy assets in SA through Exxaro JV: Tata Power

Managing director of Tata Power Anil Sardana tells CNBC-TV18 that they have entered into a joint venture with Exxaro, a South African coal company, to create energy assets in the region.

CIL can up production by 10-15% post FSA notice: Tata Power

With majority of the power generation in India coming from coal, Anil Sardana, the managing director of Tata Power tells CNBC-TV18 that the PMO's directives are a step in the right direction.