In order to procure 1,000 MW power on short-term basis, the state-run Gujarat Urja Vikas Nigam (GUVNL) has invited bids through tariff based competitive bidding.
Tag: PPAs
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Rs 497 bn for rural electrifi cation
Union Power Secretary P Uma Shankar informed that the Centre sanctioned budgetary support of around Rs 49,730 crore for the power ministryÂ’s fl agship rural electrifi cation pro gramme called Rajiv Gandhi Grameen Vidyutikaran Yojana during the 12th Plan. The ministry also harnessed Information Technology for ensuring quality power supply to different parts of the country, he said.
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Our infra lending will be cautious this year, based….
A ninety-three-year-old Union Bank of India just got a new head honcho. The genial CMD is a sleeves-rolled-up leader much of whose experience has been in operations, and will lead a lending portfolio of Rs 27,000 crore to infrastructure
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A more sustainable model for discoms
After being stuck in dispute for nearly 12 years, the newly implemented DOA clause in the Electricity Act hopes to bring about a more competitive environment for power distribution companies and lead to further reforms.
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New interpretation brings sigh of relief
The new open access will encourage private players to enter the power generation segment, The Electricity Act 2003 (EA) had given a five-year notice in 2004 to stakeholders for impleÂmenting open access (OA).
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Open access will put fear in state discoms, which is a good thing
Maharashtra experimented first with the idea of a franchise. But as one of the most industrialised states, will it be equally open to open access? VP Raja, Chairman, Maharashtra Electricity Regulatory Commission (MERC), tells Shashidhar Nanjundaiah why the imperatives are in favour of a successful implementation,
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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,
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On the foothills of an uncertain year
One of the key challenges in infrastructure is facilitating the flow of projected but large amounts of capital into infrastructure. Current trends indicate that there might be a funding shortfall of over $300 billion,
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Infra lender faces the risk of execution and regulatory uncertainties
As the country's most experienced lead finance arranger for infrastructure projects, SBI Capital Markets, turned 25 this year, S Vishvanathan, MD and CEO, projects what
the journey for infrastructure finance and project structuring means, and says uncertainties and other hurdles are temporary in the long run.
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It is during the project execution stage that the boys will be differentiated from the men
Andhra Bank recently announced plans to focus on infrastructure lending. Although relatively modest in volumes, at Rs 12,650 crore, the bank has devoted approximately 19 per cent to infrastructure.
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