Five thrust areas identified to ease power sector woes

The secretarial panel looking into the woes of the power sector has identified five key issues, including fuel supply constraints, for immediate execution to resolve the crisis. A power sector official said approximately 18,500...

DIPP told to set rules for FDI in power exchanges

The government has set the ball rolling for foreign direct investment (FDI) in power exchanges. The finance ministry has asked the department of industrial policy and promotion to design a FDI policy for power exchanges on the lines of commodity...

Coal India cuts prices; revenue may take a hit

“The exercise of reviewing the prices has been done. There is definitely a reduction,” Alok Perti, coal secretary, said after a company board meeting. “Probably there could be a reduction in the revenue.” Perti...

BSES discoms told to clear post-Sept dues by Tuesday

Regulator says revenue enough for doing so; discoms to send protest letter on Monday. With Delhi Electricity Regulatory Comm-ission (DERC) saying it finds BSES distribution companies in a comfortable revenue zone, it has directed...

Power sector attracts huge investments

HYDERABAD: The state government on Sunday claimed that for the first time the the state power sector had attracted a lion’s share of investments of around Rs 2.93 lakh crore and stood number two...

PMO zeroes in on power gaps

The committee of secretaries (Cos), constituted recently under Prime Minister’s principal secretary, Pulok Chatterjee, has identified ways to resolve the five key problems cited by power sector firms. According to official sources, the PMO...

NTPC Raigarh project: green panel recommends clearance

A Ministry of Environment and Forests (MoEF) panel has recommended clearance for the 18-MTPA Talaipalli coal-mine project of NTPC in the Raigarh district of Chhattisgarh. The project had come up for discussion for grant...

Analysts say L&T better placed than BHEL

The stock of Bharat Heavy Electricals (BHEL) is likely to come under pressure on Monday, since it has disappointed on order inflow. Although operational performance for the December quarter (announced on Friday evening) was...