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MUMBAI DISCOMS
Japan's Chubu Electric set to buy $150 million stake in Continuum GreenJapanese power giant Chubu Electric is set to invest around $150 million in Indian renewable energy firm Continuum Green Energy. This deal ...- 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...
- 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 ...
- Tata Power Q4 Results: Profit slips 4% YoY to Rs 996 cr, revenue falls 13%Tata Power Q4 Results: Tata Power reported a consolidated net profit of Rs 996 crore for Q4 FY26, a 4% year-on-year decline, while revenue ...
- 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...
- Adani Electricity Mumbai, Tata Power Delhi, Noida Power top PFC’s FY25 discom rankingsAdani Electricity Mumbai, Tata Power Delhi Distribution, and Noida Power Corporation lead the nation's electricity distribution companies i...
- Adani Energy Solutions eyes capex hike to Rs 18k croreAESL's profit after tax surged 87% year-on-year to Rs 714 crore in the March quarter, while total income rose 36% to Rs 6,596 crore. For th...
- Maharashtra: Don’t kill our solar dreamsMahaDiscom’s decision to impose steep charges on rooftop installations does not augur well for clean energy.
- QIA deal may renew foreign interest in power distributionA shareholder subordinated debt investment is also part of the deal in which QIA’s total investment is pegged at Rs 3,200 crore.
- Qatar Fund in talks with Adani Group for Mumbai discom stakeThe 14-year-old sovereign wealth fund of the oil-rich Gulf nation could invest as much as Rs 3,000-4,000 crore for a minority stake of 20-2...
- Exercise caution while giving loans to discoms: RBI to banksRBI has also directed banks to categorise existing loans to discoms as non-performing assets, or bad loans, which attract provisioning.
- RBI announces private placement of special securities under UDAYThe special securities under UDAY are being issued by governments of Bihar, Haryana, Jammu and Kashmir, Jharkhand, Punjab and Rajasthan.
- Bonds to clear power loans may be a dudThe use of power sector bonds to pay off bank loans may be a non-starter as banks may not be better off if loans are converted into bonds.
- NDA loss in Bihar not to derail discoms revival plan: Piyush GoyalThe Cabinet approved the Ujjwal Discom Assurance Yojana to help state run electricity distribution companies to wipe out losses by 2019.
- SBI hails SEBs package, says has no troubled assets to discomsState Bank of India, which today beat market estimate with an over 25 per cent spike in net profit, welcomed the package offered by the gov...
- Discoms like RInfra, Tata Power plug into social media to redress consumer grievancesWant to sort out your electricity problems real fast? Don’t register your complaint on phone; do it on Facebook (FB)or Twitter.
- PSU power distribution companies' debt rejig proposal no remedy for sector woes: S&PThe govt's recent proposal to restructure debt of PSU power distribution cos will only provide temporary relief & is unlikely to spur inves...
- Reliance Communications bags multiple government orders worth Rs 150 croreReliance Communications today said it has won multiple orders from both central and state governments amounting to about Rs 150 crore for p...
- Load shedding extended by 1-3 hours across stateThe dry spell in Maharashtra is leading to longer hours of power cuts as well. Beginning Saturday, people in the state, barring Greater Mum...
- Tata Power files petition against Maha DiscomTata Power (TPC) has filed a petition with the Maharashtra Electricity Regulatory Commission (MERC) against the Maharashtra State Electrici...
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