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REC FINANCIAL PENALTY
BSE, NSE impose over Rs 59 lakh penalty on NTPC, SJVN, REC for non-complianceThe BSE and NSE have imposed financial penalties exceeding Rs 59 lakh on three public sector power companies: NTPC, REC, and SJVN. The fine...
India needs robust carbon pricing for sustainable growth and global edgeFor India to thrive on the world stage while honoring environmental commitments, a strong carbon market is essential. This framework will s...
Stocks in the news: TCS, Shyam Metalics, Info Edge, HDFC and PNB HousingTata Consultancy Services, Gammon Infrastructure Projects, Shyam Metalics and Energy among a dozen stocks that will release their june quar...
Discoms lacking in account checks, subsidy may miss out on financingAn official said the distribution companies would be required to maintain precise energy accounting with updated monthly reports showing ac...
Stocks in the news: HG Infra, Cadila Healthcare, Talwalkars Healthclubs, IHCL and Allahabad BankHG Infra Engineering said it has bagged a highway project worth Rs 522 crore .
Delhi's power discoms penalised by DERC for defaulting on green power obligationsThe Delhi Electricity Regulatory Commission(DERC) in its order last month found default on the part of the three power discoms in meeting t...
Govt to roll out new tariff policy, UDAY 2.0 for resolving discoms lossesThe power ministry is working on the UDAY 2.0 scheme which would be launched this fiscal only.
Government sets up committee to explore prepaid payments by discoms to generator companiesThe government has constituted a committee under the Central Electricity Authority (CEA) to explore prepaid payments by state electricity d...
Funding blues for green companies, discoms over REC-PFC dealPower distribution companies of at least three states said REC’s disbursements have slowed down. An official in Andhra Pradesh said REC was...
India wears 'green' stripes with pride, wants more in 2018To put things in perspective, wind power tariff dropped sharply to an all-time low of Rs 2.43 per unit during an auction conducted by Gujar...
Top stocks in focus on Tuesday, 26 September, 2017Here are the top stocks to watch out for in today's session on Dalal Street.
RPO critical for meeting renewable capacity targetsA new tariff policy is betting on RPOs to reach its 2022 installation goals. The policy prescribes a solar RPO of eight percent by 2022.
Sensex in red; top 10 stocks in focusThe S&P BSE Sensex slipped over 100 points in trade on Friday, led by losses in HDFC Bank, ITC, HDFC, ICICI Bank and TCS.
Sensex cuts gains after surging on Moody's outlook upgrade; ten stocks in focusSensex pared gains after rallying as much as 168 points, even though Moody's changed India's outlook to positive from stable.
Policy's role crucial in speeding up growth on renewable energy frontThe renewables sector has matured and is moving towards becoming a major participant in the energy landscape. Now, policy has to step up to...
Maharashtra cracks the whip on renewable power obligationsThe power regulator in Maharashtra has directed all distribution firms to meet their obligation for buying renewable energy in the past fou...
Demand outlook strong for wind energy in the long run: ICRADemand will be supported by large wind energy requirements to meet the renewable purchase obligation (RPO) requirements in the country.
Options for elders: Book fixed deposits before rates dip if you are in base tax bracketSince FD rates are expected to fall, risk-averse investors can consider creating new FDs to make the most of the current rates.
- Query corner: Taxation
Our expert Vaibhav Sankla, executive director, Adroit, guides you in matters relating to taxation.
- Regulator makes it mandatory for power cos to buy 6% renewable energy
The regulator makes it mandatory for power cos to buy 6% renewable energy.