As per the proposal, the state electricity boards of Jharkhand, Bihar and Karnataka will be allowed to convert their outstanding loans, til...

The Power Ministry will soon approach the Cabinet for allowing it to incorporate certain changes in the government's debt recast plan.

According to sources, there are certain accounting issues which are coming in the way of debt restructuring of Andhra Pradesh discoms .

The Jharkhand government is awaiting Centre's decision on granting public sector status to Reliance Power's Tilaiya plant.

RBI said on Thursday bonds issued by state power distribution companies will be valued at their current market value, if they are traded an...

Indicating that the Ministry has done its part in helping with discoms debt rejig, Scindia said that it was now for the states "to do their...

The Haryana government today decided to take over debt liabilities of Rs 8,162.09 crore of power utilities as part Centre's bail out packag...

Jyotiraditya Scindia said that as many as six states have come forward for the government's ambitious financial rejig plan.

The country's largest private power producer Tata Power's viewpoint come against the backdrop of Centre's financial restructuring plan for ...

Pitching for periodic tariff revisions, the central bank said losses of discoms have also raised "serious concerns" for banks and financial...

Taking over of 50 per cent short term liabilities of discoms by respective state government is a major proposal.

At least 18 states have announced significant tariff increases during the period, with Tamil Nadu proposing as much as 37 per cent hike.

The deadline for availing the Rs 1.9 lakh crore bailout scheme has been deferred by three months from the original December 2012, a senior ...

Rating agencies today welcomed the Centre's restructuring package for power discoms, saying it will increase cash flow to the ailing SEBs

The govt's recent proposal to restructure debt of PSU power distribution cos will only provide temporary relief & is unlikely to spur inves...

Loss making power distribution companies would have to keep hiking rates by 5-10% for the next 5 years to break-even, according to a report.

The Planning Commission has called a meeting tomorrow of state power ministers to address issues such as fuel shortages.