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Decades-long reforms: How India's discoms returned to profits but have Rs.7 trn of cumulative debt to deal with

New Delhi, Jan. 20 -- India's power distribution sector which has been reeling under high debt and operational losses for several years returned to profits in fiscal 2025. In FY25, distribution utilit... Read More


Govt to further open power distribution, allow multiple discoms per area

New Delhi, Jan. 19 -- The government is set to introduce an amendment bill in the upcoming budget session of Parliament to further open the power distribution sector, enforce financial discipline, and... Read More


India's wholesale inflation turns positive in December as food, manufacturing prices rise

NEW DELHI, Jan. 14 -- India's wholesale price inflation rose for a second straight month in December 2025, returning to positive territory as higher prices of food items, non-food articles and manufac... Read More


Germany's Uniper in long-term pact with AM Green for green ammonia offtake

New Delhi, Jan. 12 -- AM Green Ammonia, backed by Greenko founders, on Monday signed a long-term agreement with Germany-based energy firm Uniper Global Commodities SE for an annual offtake of up to 50... Read More


Discoms selling green power at lower than cost price on exchanges; growing crisis threatens green energy trajectory

New Delhi, Jan. 10 -- A deluge of solar power and rules binding electricity distributors to purchase it are prompting distress sales on India's electricity exchanges, trade data showed. Discoms sittin... Read More


Discoms sell green power at a discount

new delhi, Jan. 10 -- A deluge of solar power and rules binding electricity distributors to purchase it are prompting distress sales on India's electricity exchanges, trade data showed. Discoms sittin... Read More


India-backed International Solar Alliance takes a hit as US pulls out

New Delhi, Jan. 8 -- In a setback for the India-backed International Solar Alliance (ISA), the United States has withdrawn its membership from the multilateral body that focuses on accelerating global... Read More


IGX eyes December listing, lines up expansion

New Delhi, Jan. 7 -- Indian Gas Exchange (IGX) plans to launch its initial public offering by the end of 2026, according to its top executive. The IPO would largely be an offer for sale (OFS) for 22%... Read More


NIP 2.0: Highways dominate as Centre identifies Rs.17 trillion public-private projects

New Delhi, Jan. 6 -- The Union finance ministry on Tuesday announced the second pipeline of 852 infrastructure projects, dominated by highways, to be developed under the public-private partnership mod... Read More


Indian crude basket slips below $60 a barrel for first time in years

NEW DELHI, Jan. 6 -- The price of the Indian crude oil basket, which represents the cost of oil imported by the country, has averaged $59.92 per barrel so far in January, down from $62.2 in December, ... Read More