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UP POWER TRANSCO
Discom legacy dues drop to Rs 3,300 crore from Rs 1.39 lakh crorePower distribution companies have drastically cut their old dues. Legacy arrears have fallen from over Rs 1.39 lakh crore to just Rs 3,300 ...- Tata, Adani set to bid third time for UP Power TranscoTata Power had outbid Adani offering 100% recovery of loans of ₹3,700 crore to the lenders in the previous round. Adani's bid was only marg...
- Tata Power seeks UP Transco sale via Swiss challenge methodTata's request may not be easy to implement as IBC regulations are silent on use of Swiss challenge as a method of bidding. Banks have soug...
- Tata Power highest bidder for UP Transco with ₹3,000-crore offerSouth East UP Power Transmission Company was admitted for Insolvency and Bankruptcy Code (IBC) proceedings by the National Company Law Trib...
- Tata Power, Adani told to submit revised bids for UP TranscoExperts feel the competition to acquire the transco indicates strong investor interest in the power transmission sector, which is dominated...
- PFC offers funding facility to discoms for timely payments of outstanding duesThe outstanding dues of discoms as of August stood at Rs 1.32 lakh crore compared to nearly Rs 97,000 crore in the same month last year, as...
- Don’t reduce purchase of green power: High CourtSeveral wind and solar power developers early last week moved the high court against AP Transco.
- Telangana govt to buy 2000 mw additional power from NTPCWe need it from July to November of this year as the Kaleshwaram project becomes operational," TS Transco CMD, D Prabhakar Rao told.
- Andhra Pradesh threatens to stop power supply to Telangana over pending duesWhen contacted, TS Transco chairman and managing director D Prabhakar Rao confirmed having received the letter from his counterparts in the...
- AP Transco seeks exit proposal from Reliance Power on KUMPP projectPower produced from the plant was supposed to be sold in AP, Tamil Nadu, Karnataka, Maharashtra and Telangana.
- Andhra Pradesh will set up energy varsity: Chandrababu NaiduHe attended a function for the signing of MoUs between Andrha Pradesh and two international power producers from Japan and Spain.
- Delhi government to adjust subsidy amount to BSES to recover duesThe two discoms have a pending dues of nearly Rs 6,000 crore to Delhi Transco Ltd and two state-run power generation companies.
- Andhra Pradesh receives 35 bids for solar power projectsThe Andhra Pradesh government has received bids from 35 companies for setting up solar power projects in the state.
- AP to buy additional power to reduce demand-supply gapAP govt initiates measures to procure 895 MW from different sources to reduce the demand-supply gap in view of ongoing school examinations ...
- GMR Energy, CLP India & BS Transco accuse Power Grid of unfair business practicesGMR Energy, CLP India and BS Transco, have threatened to take legal action against Power Grid Corporation for alleged collusion with state ...
- Power shortage grounds T3’s domestic operationsThe domestic half of the new terminal T3 will only get operational when, among other issues that remain to be sorted out.
- L&T bags Rs 446 crore order from JSWLarsen & Toubro has bagged an order worth Rs 446 crore from JSW Power Transco for evacuation of power from the 1200 MW power project being ...
- PGCIL, 3 others to submit final bids for TransCoTransCo is being valued at $ 4 bn and 20 per cent in the utility could mean PGCIL spending nearly $ 800 mn for the stake.Business week in p...
- Power Grid Corp, 3 others to submit final bids for TransCo in mid-DecemberCountry's largest power transmission utility Power Grid Corp is pitched against three companies from Italy, Malaysia and China to secure a ...
- Back to the dark agePower supply in Konkan region and western Maharashtra was affected following a grid failure on Sunday evening.
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