Hydro power firms could take financial hit due to new levy by Himachal PradeshHydropower firms may face rising costs after the introduction of a new water usage fee in March in the state of Himachal Pradesh. Firms inc...
21 Apr, 2023, 09.32 AM IST
Power Ministry proposes tax sops, green clearances for pumped storage hydro projectsKeeping in view the immense utility of the PSPs in grid stabilisation as well as meeting the peaking power demand, a need for formulating s...
19 Feb, 2023, 11.24 AM IST
India set to miss Modi’s ambitious 2022 renewables goalThe potentially disappointing numbers offer insight into structural problems facing India on its journey to decarbonization. Domestic power...
02 Apr, 2022, 08.57 AM IST
CPEC project in PoK hits roadblock over tax issueThe reasons for CPEC’s slowdown have been the pandemic, no major new Chinese commitment, pending payments of Chinese power plants to the tu...
24 Jan, 2022, 09.49 AM IST
States asked to forego free power to make hydro projects viableIndia is targeting production of 75,000 MW of hydropower by 2030, up from 45,000 MW at present, to balance the electricity grid as the coun...
08 Oct, 2019, 06.56 AM IST
Power Ministry to give renewable energy tag for supplies for large hydro projectsOnce GST comes into effect, all central and state taxes on goods and services will be replaced by a single levy of 18%, pushing up the cost...
21 Jan, 2017, 12.50 AM IST
Capacity for renewable energy in India hits 42,850 mw; surpasses capacity of hydel projectsOfficials said India is on track to becoming one of the world’s largest producers of green energy and will surpass many developed countries...
10 Jun, 2016, 10.20 AM IST
Power Ministry may issue tax-free bonds to fund hydropower plantsThe government is considering issuing tax-free bonds to provide long-term finance to hydropower plants, power secretary PK Pujari said.
24 Feb, 2016, 03.49 AM IST
Bureaucratic reshuffle in Arunachal PradeshThe Arunachal Pradesh government affected a major bureaucratic reshuffle following retirement and transfer to other states of IAS officers.
07 Aug, 2015, 12.29 PM IST
Over burdened West Bengal Government goes for new hydropower projectsOver burdened with escalation of price for output of upcoming hydroprojects in its northern hilly region, WB is going for four new projects...
15 Sep, 2014, 04.01 PM IST
Nepal's initiative to benefit Indian hydropower companiesWith high hydropower potential but low output level, severely power starved Nepal is in process of widening the bottlenecking identified as...
08 Nov, 2013, 04.43 PM IST
Power Ministry seeks tax sops for hydropower gearIf accepted, the move would benefit companies like NHPC, NTPC, GMR and Jaiprakash Associates that are implementing hydroelectric projects.
19 Oct, 2013, 04.00 AM IST
Sutlej Jal Vidyut Nigam eyes Navratna statusSJVN earned total revenue of Rs 1,916.62 cr and profit of Rs 1,184.58 cr after paying tax and a net profit of Rs 1,052.34 crore by end of 2...
13 Sep, 2013, 09.56 PM IST
Between Gods & Growth: Why development equals disasterForests slow down the speed of rain and prevent soil erosion and gully formation — the precursors of landslides and floods.
24 Jun, 2013, 12.08 PM IST
- Work for Indo-Bhutan hydropower projects of 3500MW to begin within next one year
Work for new hydropower projects of total 3500 MW capacity under Indo-Bhutan joint initiative will begin within next one year.
11 Jul, 2012, 05.41 PM IST
- Bigger loan window for PFC & REC, tax breaks on ECBs sought
Power ministry will seek cabinet approval for foreign borrowings of $2 billion by state-run firms, and tax breaks for external commercial b...
17 Feb, 2011, 03.51 AM IST
- IDFC PE set to buy BP wind power assets for Rs 650 cr
IDFC Private Equity, the country’s largest infrastructure-focused PE fund, is buying out energy giant BP’s wind power assets in India for R...
11 Sep, 2009, 03.01 AM IST