The Power Ministry proposes that DBT be implemented in the sector
Tag: power sector
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Privatisation to Boost Tech and Distribution Efficiencies
Several structural reforms announced for the power sector in the Budget 2021-22 are steps in the right direction, says Sanjay Banga, CEO, Tata Power Delhi Distribution Ltd (TPDDL). Excerpts of the interview⊠What are your views on the Budget and how much has it addressed problems on the ground?All the three measures announced are a...
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12 per cent more coal supplied by Coal India
Coal India supplied 21 million tonne of additional coal to the power sector during April-August 2018 as compared to the previous corresponding period.
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Commodity price inflation to impact cost of low-voltage electrical equipment
A recovery in Asian demand and supply constraints in the global market has sparked an increase in price of commodities like copper, pushing manufacturers to increase cost of low-voltage electrical equipment. Electrical equipment such as circuit breakers, switching and control and metering products are used extensively in industrial, commercial and residential segments, with a significant chunk used in the power sector.
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Coal Ministry wants fuel linkage auctions
The Coal Ministry will soon seek Cabinet approval for the auction of coal linkages for the power sector.
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Energising India
The power sector in India is set for explosive growth following the stated policy objective of the Union government to provide 24x7 power to all households by 2019.
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Coal dispatch by CIL to power sector dips 13percent
In view of weak power demand, the dispatch of coal by Coal India (CIL) to the power sector declined by 12.7 per cent to 26.4 million tonnes (MT) in August this year.
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IIFCL seeks Korean investment in Indian infrastructure
With an agenda to attract investment in India, the IIFCL has organised a one-on-one discussion of Indian infra developer with Korean investors. The Korean delegation was led by Kim Kyung Wook, Assistant Minister, Ministry of Land, Infrastructure and Transport, Republic of Korea and Song, Byung Hak, Managing Director, KDB Infrastructure Investment Asset Management Co Ltd.
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FM switches on power plug
The beleaguered power sector will find some respite, if the measures announced are implemented properly.
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Power Finance Corp posts Rs 1,274 cr profit
The Power Finance Corporation (PFC) has stated in a regulatory filing that it has posted 23 per cent jump in net profit at Rs 1,273.79 crore for the three months ended September. PFC, a government-owned company and a key lender for the power sector, had a net profit of Rs 1,036.49 crore in the year-ago period.