Daily Archive: January 4, 2013

CERC wants to fix responsibility for grid failure

The Central Electricity Regulatory Commission (CERC), the country’s apex power sector regulator, wants those responsible for India’s worst power outage last year identified and their responsibility fixed, deeming a report on the episode as...

PowerGrid outlook negative, says S&P

Standard & Poor’s Ratings Services said on Friday Power Grid Corporation of India Ltd outlook is negative. “At the same time, we assigned our ‘BBB-‘ issue rating to the company’s proposed issue of up...

Montek for coal sector privatization

NEW DELHI: Planning commission deputy chairman  Montek Singh Ahluwalia has made a strong pitch for privatization of the coal sector to meet the growing coal demand from the industry. Ahluwalia, who advocated private investment...