Shares of state-owned banks such as PNB, Canara Bank, Bank of India that have underperformed the market so far this year may get rerated.

Power purchases by consumers directly from the open market - instead of relying on local power utilities - now account for well over 40% of...

They don’t need Parliament approval. They are not political no-nos. ET outlines 10 policy changes the government can ring in today.

Global rating agency Fitch said that strong political will is necessary to achieve meaningful reforms in the power sector.

There are a lot of problems with the working of the discoms. Particularly, they will not be in a position to borrow money from lenders or b...

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

According to analysts, the move will benefit the lenders and power companies in the long term if discipline is maintained.

Brokerages are of the view that stocks in PSU space, capital goods are likely to be impacted by SEB debt restructuring.

Deutsche Bank sees SEB package as positive for financial lenders to the sector, as asset quality risk may abate significantly.

According to sources, the restructuring will include converting the term loans extended to the state-run power utility into working capital...

In an interview with ET Now, HD Khunteta, CMD & Director Finance, Rural Electrification Corporation, talks about the company's plan and per...

The bifurcation of the West Bengal State Electricity Board approved by the Cabinet on Wednesday as part of restructuring of the power secto...

The financial health of state electricity boards (SEBs) continues to be a cause for worry. Of special concern are SEBs of Bihar, Jharkhand,...

An additional tranche of Rs 10,000 crore of power bonds are expected to hit the debt market soon, with the government close to a deal to cl...

The Central government is planning to add new features to its special economic zone (SEZ) policy to take advantage of the new clauses in th...

The standing committee on energy, which has finally given its nod to the Electricity Bill '01, has called for greater emphasis on private p...

THE GOVERNMENT is mulling a new entity - Power Infrastructure Development Corporation - for monitoring the utilisation of funds allotted to...