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India’s richest state is said to prepare for power utility IPOMaharashtra is preparing an IPO for its power distribution arm MSEDCL, aiming to raise $500 million to $1 billion. The move, supported by b...- 'Power' packed move: Cabinet approves Mahavitaran recast, IPO plan, separate agri energy firmMaharashtra's state-owned power distribution firm will be split into two entities under a financial restructuring plan approved by the stat...
- SC upholds Bombay HC order, directs MSEB Holding Co’s eviction from HSBC buildingThe Supreme Court upheld a Bombay High Court order, directing MSEB Holding Co to vacate HSBC's property in Mumbai by December 31, 2025. The...
- Congress alleges Rs 550-crore irregularities in Maharashtra Energy DepartmentCongress alleged the Energy Department has caused a "loss" of Rs 550 crore to the exchequer by not charging duty for "open access" use of e...
- US executive bribed officials of MSEB to bag contractA senior executive of a California-based valve company allegedly bribed Indian officials of Maharashtra State Electricity Board (MSEB) to b...
- Maha Vitaran set to break even on lower T&D lossesYear 2008 may bring some cheer to Maha Vitaran, the state-owned power distribution company.
- Mumbai to bank on high capacity generatorsThe state government has decided to raise the limit of captive generator set capacity to 200KV from the current 10KV.
- Game of power: MERC vs MSEBThe state power utility and the regulator are almost always at loggerheads.
- Maharashtra to get more power generation unitsFaced with almost 5000 MW of peak power shortfall, Maharashtra will get additional natural gas for its power generation units to tide over ...
- Revaluation pegs Maha Discom 10 times biggerThe revaluation carried out by Srei Capital Markets has put the market value of MSEDCL assets at Rs 43,388.2 crore, a ten-fold rise compare...
- Tata Power files petition against Maha DiscomTata Power (TPC) has filed a petition with the Maharashtra Electricity Regulatory Commission (MERC) against the Maharashtra State Electrici...
- MSEB holds Dabhol funds for lack of PPAThe Dabhol power project’s troubles never seem to go away.
- State turns to DPC as power demand risesThe sudden increase in electricity demand in Maharashtra has forced the state government to buy electricity from Dabhol plant.
- Dark days ahead for DabholAmid concerns of fuel linkage and high cost of electricity, Dabhol is facing an uncertain future.
- Dabhol power could be too hot to handleSurging naphtha prices and the delay in fixing tariff on the part of Maharashtra Electricity Regulatory Commission (MERC) are putting press...
- Lost in transitionAfter unbundling the power utility, T&D losses of MSEB have increased from 36-38% to 40%.
- Dabhol plant switches off as fuel runs out, demand lagsLower demand for electricity during the monsoon and a lack of naphtha stock at the Dabhol power plant, which is now operated by Ratnagiri G...
- Torrent to distribute power in BhiwandiIn its first power foray outside Gujarat ,the Torrent group has bagged the rights to distribute electricity in the powerlooms hub in Bhiwan...
- FIs for allotting distribution zone to DPC buyerIDBI-LED financial institutions are putting together a proposal to be presented to the state government and Maharashtra State Electricity B...
- MSEB not to attend DPC meetingMAHARASHTRA State Electricity Board has once again decided not to attend the board meeting of Enron-promoted Dabhol Power Company, schedule...
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