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UTTAR PRADESH DISCOMS
Susan Electricals IPO opens for subscription today. Check GMP, price band and other detailsSusan Electricals IPO: The ₹70.38-crore IPO of Susan Electricals India opens for subscription on June 11 and closes on June 15. The issue c...- Adani Energy to buy IntelliSmart for ₹3,050 croreAdani Energy Solutions (AESL) is set to acquire smart metering company IntelliSmart Infrastructure for ₹3,050 crore, bolstering its positio...
- 'Maha Power Disaster': Akhilesh Yadav slams BJP over UP power crisis, Yogi Adityanath says 'providing power a priority'Samajwadi Party chief Akhilesh Yadav has strongly criticized the Uttar Pradesh government regarding the ongoing power crisis. He alleges th...
- Adani, GMR among shortlisted bidders for $400 million IntelliSmart dealIntelliSmart Infrastructure, a leading smart meter platform, is nearing the end of its sale process, with an Adani Group entity among four ...
- From shortage story to cash-flow story: A sector ready for sustained re-rating? 5 power stocks with upside potential of up to 33%In the power sector, the next cycle will not reward whoever has the most installed megawatts. It will reward whoever can sign the right con...
- Delhi's EV charging infra registers 'record' expansion; total charging points over 10,000Delhi’s EV charging network has crossed 10,000 points after record expansion in the past year, with over 3,000 added recently. Power Minist...
- Telecom infrastructure, gear makers face disruptionsTelecom operations in India are facing significant challenges. The ongoing conflict in West Asia is disrupting tower connectivity and incre...
- Tata Power looking to spend Rs 25,000 cr as capex in FY26; keen to bid for two discoms in UP: CEOTata Power plans a Rs 25,000 crore capital expenditure for FY26, with a focus on renewables, generation, and transmission & distribution. T...
- Uttar Pradesh discoms head for privatisation: Consultants to shape new PPP modelUttar Pradesh Power Corporation is seeking consultants and advisers to facilitate the privatisation or public-private partnership of two lo...
- UP lagging behind other states in delivering renewable energy targets: ReportA joint report by the Institute for Energy Economics and Financial Analysis (IEEFA) and energy think tank Ember also highlighted that the s...
- Discoms liquidity infusion: Tamil Nadu tops chart of states with Rs 30,000 crore sanctioned loanThe southern state is followed by Uttar Pradesh and Maharashtra, with their state discoms being sanctioned loans of Rs 20,940 crore and Rs ...
- Discoms suffering severe financial stress: Ind-RaOnly four discoms – Dakshin Gujarat, Madhya Gujarat and Uttar Gujarat and Bengaluru Electricity Supply Company Ltd have outperformed their ...
- Discoms in BJP-ruled states may profit next year: Piyush GoyalPiyush Goyal said that in Rajasthan when Vasundhara Raje government took charge the state discom had losses of Rs 15,000 crore.
- Increased efficiency and timely tariffs revision critical for UDAY’s success: ICRATariff hikes allowed in most states have been modest, ranging between, 0.6% and 8.8%. SERCs in three states have not approved any tariff hi...
- Increased efficiency and timely tariffs revision critical for UDAY’s success: ICRADe-leveraging and refinancing under the scheme is expected to improve liquidity and profitability profile of Discom’s in the near term.
- UP signs up for UDAY scheme, eyes Rs 33k crore savingsThe annual saving in the interest cost to the discoms would be around Rs 1,600 crore on account of the state taking over of debt and reduct...
- Uttar Pradesh joins Centre's 'UDAY' schemeGovernment today said Uttar Pradesh has formally joined the Centre's 'UDAY' scheme for reviving debt-laden discoms.
- Government proposes loan swap for discomsCentre has asked state governments to issue bonds for raising funds at 8.5-9 per cent and help the power firms swap their high-cost loans.
- Discoms owe over Rs 1,000 crore to NHPCState-run NHPC is yet to receive dues of over Rs 1,000 crore from various power distribution companies.
- Chaturvedi panel likely to suggest financial incentives for power distribution companiesThe committee is looking at financial health of discoms in seven states including Tamil Nadu and Uttar Pradesh.
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