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Centre weighs EMI scheme for state govt departments to clear pending power dues

New Delhi, Jan. 31 -- The Union government is considering a unique initiative to let defaulting state government departments clear their outstanding dues to power distribution companies (discoms) thro... Read More


Economic Survey pitches for aggressive disinvestment playbook

New Delhi, Jan. 31 -- In what has set the stage for an aggressive playbook for divestment, the Economic Survey presented on Friday pitched for aggressive disinvestment of central public sector enterpr... Read More


Thalinomics vs Dosanomics: the tale of two CEAs

New Delhi, Jan. 31 -- Perhaps taking a cue from his teacher Raghuram G. Rajan, Krishnamurthy Subramanian, India's chief economic adviser, on Friday unveiled his version of the so-called dosanomics tha... Read More


President addresses Parliament, lauds Centre's Ujjwala, Saubhagya schemes

New Delhi, Jan. 31 -- In President Ram Nath Kovind's speech to the joint session of Parliament on Friday, government's marquee schemes such as the Pradhan Mantri Ujjwala Yojana and the Pradhan Mantri ... Read More


3 developers call off NTPC's solar contracts over regulatory delays

New Delhi, Jan. 28 -- Solar power contracts of three major power plant developers with state-run NTPC Ltd have been cancelled due to delays in regulatory approvals, potentially disrupting India's clea... Read More


Centre weighs EMI scheme for state govt depts to clear power dues

New Delhi, Jan. 28 -- The Union government is considering a unique initiative to let defaulting state government departments clear their outstanding dues to power distribution companies (discoms) thro... Read More


Power producers feel the heat as losses widen

NEW DELHI, Jan. 24 -- At least 10 states are losing about a third of the power supplied to their consumers in distribution losses. The situation has assumed alarming proportions with states struggling... Read More


Shapoorji Pallonji group to sell power project in Bangladesh

MUMBAI, Jan. 24 -- Shapoorji Pallonji group, the debt-laden construction empire run by billionaire Pallonji Mistry, has put its gas-fuelled power plant in Bangladesh on the block to reduce debt, two p... Read More


Siemens to acquire New Delhi-based C&S Electric for around Rs.2,100 crore

New Delhi, Jan. 24 -- Attracted by India's electrification drive, Siemens AG will acquire New Delhi-based C&S Electric Limited for around Rs.2,100 crore (euro 267 million). The announcement to acquir... Read More


Petroleum regulator alleges violations on city gas projects; Adani Gas clarifies

New Delhi, Jan. 24 -- The Adani family owned Adani Gas on Friday clarified on Petroleum and Natural Gas Regulatory Board' (PNGRB) notice on non disclosure of information and alleged violation while bi... Read More