Given approval to set up small finance bank to take over PMC Bank: RBI to HCThe court was hearing an application by consumer rights activist Bejon Kumar Misra seeking directions to the RBI to consider other needs of...
MF Portfolio Doctor: Das needs to hike mutual fund SIPs for retirement by Rs 12,000 a monthThe advice given is based on the performance of the mutual funds, the risk profile of the investor as well as his financial goals.
HC tells DGCA to get clean chit for all A320neo aircraftCourt's directions came on a PIL in the aftermath of EASA directing A320neos fitted with twoPW1100 engines with serial number 450 and beyon...
Indian Energy Exchange raises Rs 300 crore from anchor investorsIt would allot 18,19,501 equity shares to 23 anchor investors at a price of Rs 1,650 per share.
Indian Energy Exchange files IPO papers with SebiThe IPO will see sale of 6,065,009 equity shares by existing shareholders.
Delhi discoms to face fines for power outagesAn official statement from the government explained the manner in which consumers will receive penalty amounts from the power distribution ...
NTPC to exit proposed third power exchangeExperts says Indian power exchanges are in doldrums with just one of the two power exchanges making profit.
- Bourses go slow on pay norms for executives
Three months after market regulator Sebi came out with a notification on the salaries of stock exchange officials, progress has been slow o...
- Indian Energy Exchange chief Jayant Deo suggests differential pricing for electricity
To ensure optimum utilisation of electricity, Chief of country's largest power exchange IEX Jayant Deo has suggested different pricing of p...
- Power prices spurt; touch as high as Rs 12 per unit
As the country reels under power crisis, electricity prices are sailing northwards on the exchanges, touching as high as Rs 12 per unit in ...
Weak monsoon causes raise in power rates; tariff crosses Rs 7/unit on most power exchangesPower rates in energy exchanges have surged above Rs 7/ unit & shot up to Rs 12 per unit in the south as weak monsoon has raised electricit...
- Renewable energy certificates witness a record trade in June
Renewable energy certificate trading reached a record figure of 3, 99,865 RECs which were available for sale at India Energy Exchange.
- Industries can now purchase power from open market
Power secretary P Uma Shankar said the decision was taken because similar directives in the past were taken lightly by regulators.
Govt directive allowing purchase of power by industries from producers may hit discomsThe move can compound the problems of the power sector, where projects to generate more than 43,000 mw face uncertainty of fuel supply and ...
- FDI proposal in power exchange ignites debate
Increasing uncertainties in the short term market and govt's stance of allocating coal to power generators with long term power pacts has d...
- Power bills can come down if big buyers are allowed to buy and negotiate price directly from producers
Power bills for households can fall despite rising costs. If bulk buyers are allowed to purchase electricity directly.
- Power exchanges generate Rs 3,150 cr in first-year ops
The two power exchanges in the country, created to facilitate trading of electricity in an open market, have recorded total business worth ...