We have been working with them to put together the investment policy - what should be the objectives, focus, sectors, types of investments and things of that nature. All that has been finalised.
Tag: Discoms
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2016 – An Infrastructure Leap Year
United Nations General Assembly has declared 2016 to be the year of ¨pulses¨. With pulse prices going sky-high in 2015, another source of protein for the poor people has well-nigh gone out of reach in our country.
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RBI, Govt to revive distressed utilities
Reserve Bank Governor Raghuram Rajan has said the apex bank is working with the Centre and state governments to revive distressed discoms. ´The government is fully cognizant of the problem as are we.
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Restructured discoms, tariffs
With a widening gap between demand and supply, India remains structurally short of electricity.
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Discoms default on renewable power
Though over two and a half years have passed since the Delhi Electricity Regulatory Commission (DERC)
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BSES secures crucial loan of Rs.4,905 crore
The Power Finance Corporation has sanctioned a loan of Rs 4,905 crore to cash strapped BSES discoms.
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Power transmission loss totals 27%
The average all-India loss levels of power transmission in FY13 were in the range of 27 per cent, according to a recent report by ICRA.
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RBI suggests alignment of existing debt recast pacts with scheme
The existing bilateral debt recast schemes between banks and some power distribution companies may be aligned with the government-introduced debt restructuring scheme, Reserve Bank of India (RBI) suggested. Last year, lenders entered into a debt restructuring agreement with power distribution firms in Uttar Pradesh, Rajasthan and Haryana — who together owe
Rs 8
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Restructuring of loans to discoms is not a permanent solution
In a freewheeling interview with Rahul Kamat, M V Tanksale, Chairman and Managing Director, Central Bank of India, says that although discoms are going through a rough phase
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Expect more competition, higher tariffs: Experts
The brand new clause that permits high-volume users to purchase power under OA will both impact and benefit the dismally ailing distribution companies. Our experts variously believe that the demand for power may go up,