NTPC has blamed insufficient 'politico-administrative' support to tackle commercial losses and poor health of government utilities for low foreign direct investment (FDI) inflows into the Indian power sector.
Tag: power sector
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PFS' Rs 1.5 bn infra bonds
PTC India Financial Services (PFS) plans to raise up to Rs 150 crore through issue of tax-saving bonds in the current fiscal.
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Min okays Rs 50,000 cr electric fund
In a move to help quicken the flagging pace of distribution reforms in the power sector, the Union Finance Ministry has approved the creation of a Rs 50,000 crore National Electricity Fund for attracting investment in this area.
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BUDGET MUST ADDRESS OBJECTIVES
Last year, roads and highways was the "happening" sector, with a lot of hype and commendable action. Against a target of national highways that turned out to be beyond ambitious, the National Highway Authority of India (NHAI) had only completed construction of 1,156 km by December 2010 at 4.28 km per day-way less than the targeted 7 km-per-day.