Power Sector

  • PM favours PPP model in power sector July 4, 2014

    Uri: Prime Minister Narendra Modi on Friday favoured Public Private Partnership model in power sector and described renewable sources of energy as the answer to the country's growing power needs. Inaugurating the 240-Megawatt Uri-II Hydro Electric Project (HEP) located near the Line of Control in Baramulla district of Kashmir, he said...
  • India needs sweeping power sector reforms: World Bank June 24, 2014

    New Delhi: Electricity distribution in India needs reform to achieve the target of electricity to all by 2019, the World Bank said on Tuesday. "Power distribution in India needs sweeping reforms if it is to bring back the country to a high growth trajectory and meet its goal of expanding access...
  • Madhya Pradesh offers to supply Delhi with additional electricity June 17, 2014

    Madhya Pradesh, which is an energy surplus state, offered to provide electricity to Delhi on Tuesday, in addition to the 231.5 MW of electricity, which it already supplies to the national capital. The offer was given by Madhya Pradesh Chief Secretary Anthony JC DeSa to his counterpart in Delhi SK Shrivastava...
  • Akhilesh in trouble as power crisis hits UP May 30, 2014

    Angry residents are taking to the streets across Uttar Pradesh in the wake of severe electricity outages which have put the Samajwadi Party government in a spot. With little to show in the power sector in the last two years of its rule, this is the worst thing that could have...
  • Answers for India's progress: Siemens in energy and power sector February 16, 2014

    In this episode of 'Answers for India's progress', we find how Siemens has not only provided technology but also infrastructure to address the increasing demand of power in the country. ...
  • Telangana fallout: Power crisis deepens, CM to hold talks with employees October 9, 2013

    Hyderabad: Various parts of Andhra Pradesh will continue to remain dark as employees of the power sector in coastal Andhra and Rayalaseema regions of Andhra Pradesh said they will continue with their indefinite strike as talks with the government to end the stalemate failed late on Tuesday. Chief Minister Kiran Kumar...
  • BHEL provisional profit down by 8 per cent in FY13 April 8, 2013

    New Delhi: Bharat Heavy Electricals Ltd (BHEL), India's state-run top power equipment maker, reported on Monday an 8 per cent fall in provisional net profit for the fiscal year ended on March 31. India's power sector has been badly hit by shortages of coal and gas supplies, delays in environmental approvals...
  • Govt to soon come out with action plan for power sector November 3, 2012

    New Delhi: Amid multiple woes hurting power generation, the government on Friday said it would soon come out with a 10-year action plan to strengthen the sector. The Ministry of Heavy Industries and Public Enterprises is finalising the 'Road Map for Power generation, transmission and distribution 2022'. ...
  • Bihar implements power sector reforms November 1, 2012

    Patna: The much-awaited power sector reforms formally began in Bihar Thursday, over a decade behind schedule, with five newly set up companies coming into existence. A day after the government notified the breaking up of the state-run Bihar State Electricity Board into five companies, they began functioning separately on Thursday....
  • Cabinet to consider bailout for power discoms September 24, 2012

    New Delhi: With Trinamool Congress chief Mamata Banerjee out of the Congress-led United Progressive Alliance (UPA), the government is now getting ready to roll out more reforms, starting with the power sector. A bailout plan for power discoms will be discussed during the Cabinet Committee on Economic Reforms meeting on Monday....
  • CAG report won't impact power sector: Moily September 18, 2012

    Mumbai: The Comptroller & Auditor General (CAG) report on coal block allocation will have no impact on the power sector, Union Power Minister M Veerappa Moily said in Mumbai on Tuesday. The Central auditor's assessment of notional loss of Rs 1.86 trillion and holding the UPA government responsible for the same...
  • 'India enhancing capacity for new gen power plants' April 22, 2012

    Istanbul: India's Power Minister Sushil Kumar Shinde on Saturday said that the government is augmenting domestic capacity for building critical and ultra-super critical technologies based power plants to meet the growing need for electricity. "Domestic capacities for building power plants with super critical and ultra-super critical technologies are being established to...
  • World Bank approves $1 billion for Pakistan March 21, 2012

    Washington: The World Bank has approved about $ 1.09 billion financial aid to Pakistan for funding its two projects that would improve the country's power supply in the crucial agricultural sector. While the Tarbela IV Extension Hydropower Project will add power generation capacity of 1,410 MW, the Punjab Irrigated Agriculture Productivity...
  • 'Power sector needs service tax relief in Budget' February 20, 2012

    By Ramesh Chandak Indian Power sector is in crises. It is not only a sectoral challenge but now has become a national challenge. The Shunglu Committee has said that Discom (distribution companies) losses are over Rs 100,000 crore and largely funded by the banks, so even the banks will have an...
  • India accelerates divestment with NTPC stake sale October 19, 2009

    New Delhi: The government on Monday approved stake sales in state-run power producer NTPC Ltd and another unlisted power firm, which analysts said reflects the country's resolve to speed up reforms and raise more resources for social schemes. Disinvestment, raising foreign investment limits in insurance and opening up the pensions...