Currently, banks and financial institutions can lend only 25% of a discom’s revenue in the previous year for working capital.

A senior government official said that PFC and REC have fixed interest rates under the liquidity package at 8.75% for three-year loans, 9% ...

State electricity distribution utilities that have exhausted working capital borrowing limits and have no receivables from states will have...

The Centre in November 2015 had launched the UDAY to bring about operational and financial turnaround of debt-laden power distribution comp...

Power minister RK Singh says a revival scheme for gas-based power plants and a tariff policy are in final stages of being drafted.

The government has extended the deadline for states to join the debt restructuring scheme for power distribution companies by a year to Mar...

Centre is working on a West Bengal government proposal to generate green energy that will pump water to power a turbine later in the day, P...

The Centre is likely to soon announce a package to help West Bengal set up pumped storage system clubbed with solar facilities with assista...

The minister said on December 29 there was no shortage of power nationally and electricity was available on power exchange at a uniform pri...

Goyal said all states are likely to accept the scheme, which will make every state’s discom profitable in three years, ending decades of in...

Fitch said while the outlook of the power utilities remains stable, the implementation of the reform measures is key to their ratings outlo...

Under the RPO, distribution companies (discoms) are mandated to purchase a certain amount of their power from renewable sources.

Say cheaper debt under the scheme will help them cut tariffs; the centre has announced the scheme for state utilities to wipe out their los...

NTPC is set to benefit from the recently announced debt restructuring program for state-owned power distribution companies, Moody's said in...

Goyal assured that the state-run PFC and REC will not be forced to buy the bonds to be issued by the respective states under the scheme at ...

MSME Ministry proposes to provide incentives to emerging entrepreneurs in defence, robotics and biotech sectors

MSME Ministry proposes to provide incentives to emerging entrepreneurs in defence, robotics and biotech sectors during the 12th Five-Year p...