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POWER DISTRIBUTION COS
Google secures discom licence for Vizag data centre hubGoogle has received a power distribution license for its upcoming 1 GW data centre hub in Visakhapatnam. This is a significant step for the...- NCLT tells Lanco Power liquidator to consider Maharashtra discom’s claimMeanwhile, Lanco Power was admitted for insolvency resolution on October 10, 2019. In June 2021, the company was ordered to be liquidated i...
- Torrent Power emerges highest bidder for majority stake in DNH electricity distribution cosThe company outbid firms like Adani Transmission, CESC and ReNew Power who submitted price bids, the sources said. "The winning bid is thre...
- PFC, REC to approach discoms; offer 7-10 year loans with moratoriumThe package, announced by finance minister Nirmala Sitharaman on Wednesday, aims to help the power sector tide over an unprecedented cash c...
- Tata Power arm bags 150 mw-solar project in MaharashtraThis project is a part of Maharashtra State Electricity Distribution Co’s 1,000-mw grid connected solar power projects for which it had inv...
- States line up to join centre's Uday Scheme for power distribution cosGujarat and Madhya Pradesh, whose distribution cos do not have accumulated loans, have evinced interest in joining the scheme along with 10...
- Government weighs stepping up pulses import as prices rise at committee of secretaries meetingSources said some of the states have suggested while the Central agencies can import pulses, the cereals can be made available through publ...
- Sensex, Nifty rangebound; top ten stocks in focus"Ideally, traders should keep their positions hedged during such market situations; to avoid unmanageable losses," said Jayant Manglik of R...
- Committee of Secretaries approves gas policy rejig; city gas firms like Indraprastha Gas to get priorityThe CoS approved a proposal of Oil Ministry for changes in priority ranking for gas allocation, official sources said.
- Power transmission and distribution projects help equipment cos revive salesA turnaround in the power transmission industry has helped makers of electrical equipment increase sales in the second half of this fiscal.
- PowerMin for 14 pc import duty on power equipmentThe government has circulated a draft Cabinet note proposing imposition of 14 per cent duty on imports of power equipment.
- State power distribution cos stare at steep losses; may be forced to buy power from short-term marketsThe cumulative losses of the discoms are expected to swell from Rs 80,000 crore to Rs 1,15,000 crore within three years.
- Budget 2011: ASSOCHAM calls for tax exemption to infrastructure capital companiesASSOCHAM in its pre-budget recommendations for investment in infrastructure projects has recommended exemption of tax to infrastructure cap...
- Big-bang expansion hots up hiring in power, salaries zoomThe power sector is in the thick of increased hiring, thanks to the impending entry of corporate powerhouses led by RIL. Ambani Brothers | ...
- Existing power plants may not get mega sopsThe government will not extend some incentives to be announced in its new mega power policy to existing power projects looking to expand ca...
- Tax sops for supercritical techThe government has proposed to extend the excise waiver and income-tax holiday benefit to power projects based on supercritical technology,...
- Union Budget 2009-10: What experts recommend and whyTop five brokers pick 5 stocks to buy . Read on what the experts recommend and why.
- PFC, REC may get to raise 20k cr via tax-free bondsThe government may allow public sector non-banking financial institutions for power sector - Power Finance Corporation and Rural Electrific...
- Bankers foresee huge demand for Reliance Power IPOSo far, the biggest demand for an IPO was generated by Mundra Port and SEZ last year, which received bids worth about Rs 2 lakh crore. Reli...
- KG Basin price row may end up with MansinghThe controversy over the pricing of natural gas from the Krishna-Godavari Basin is likely to end up on the table of the newly-appointed dow...
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