Power Sector

Blueprint For National Gas Grid, Water Grid Will Be Unveiled: Finance Minister

Budget News | Press Trust of India | Friday July 5, 2019

Presenting the first Budget of the Modi government in its second term, Ms. Sitharaman said a package for power sector and structural reforms will be unveiled soon.

Centre May Rollout Smart Meters To Revive Power Distributors: Report

India News | Rajesh Kumar Singh, Anindya Upadhyay, Bloomberg | Friday June 28, 2019

India is considering a plan to install smart meters in every home and business as part of its ongoing effort to turn around the country's ailing power sector, according to officials with knowledge of the situation.

Budget: New Power Projects May Get Investment-Linked Deductions, Says Report

Business | Indo-Asian News Service | Monday June 17, 2019

The power sector, which got a 10-year tax holiday till March 31, 2017, under the provision of an earlier Section 80-IA (profit linked incentive), was not included under the investment-linked tax deduction scheme.

Core Sector Production Grows 2.1% In February

Business | Thomson Reuters | Monday April 1, 2019

During April-February, the output growth rate came in at 4.3 per cent from the year-ago period, according to the data.

PM Modi Lays Foundation Stone For Khurja And Buxar Thermal Power Plants

India News | Press Trust of India | Saturday March 9, 2019

Prime Minister Narendra Modi on Saturday laid foundation stones for two thermal power plants, one in Uttar Pradesh and the other in Bihar, while slamming previous governments for "ignoring" the power sector.

Expect 10% Rise In Power Sector Allocation: CARE Ratings

Business | NDTV Profit Team | Monday January 28, 2019

Credit ratings agency CARE has said that it expects additional special packages for dedicated segments of infrastructure projects for timely completion.

Raghuram Rajan To Prannoy Roy On India's 3 Biggest Economic Problems: Highlights

India News | Edited by Divyanshu Dutta Roy | Sunday December 16, 2018

Former Reserve Bank of India Governor Raghuram Rajan spoke to NDTV's Prannoy Roy on a range of challenges in front of the Indian economy today. Dr Rajan says the three biggest problems for the Indian economy today are the farmers' distress, the ailing power sector and the crisis in the banking system.

Power Finance To Buy Over 52% Stake In REC, Says Government

Business | Thomson Reuters | Friday December 7, 2018

The sale may allow the government to say that it is getting closer to meeting its target of raising Rs 80,000 crore through the sale of government stakes in various entities in the year ending March 31, 2019.

Maldives Snubs India Again, Inks Power Sector Deal With Pakistan

World News | ANI | Saturday July 7, 2018

Pakistan and the Maldives have signed a Memorandum of Understanding or MoU to support the island nation's infrastructure development in the power sector.

Banks Stare At Rs 2.5 Lakh Crore New Dud Loans From Power Sector: BofA-ML

Business | Pres Trust of India | Wednesday April 4, 2018

Report is based on the fact that as much as 71 gw of private sector coal-based projects are facing bankruptcy.

Opinion: Government Must Cap GST Rates For Skill Training Services

Business | Narendra Shyamsukha | Tuesday January 30, 2018

Concessions/exemptions and increased allocation for telecom, IT and power sector manufacturing are looked forward to in the coming Budget.

Government Takes Specific Initiatives In Steel, Leather, Gems, MSME Sectors: Economic Survey

Business | NDTV Profit Team | Monday January 29, 2018

The Economic Survey highlights that the Government has initiated sector specific reforms in Steel, Apparel, Leather and Power sectors to address specific challenges associated with each of these sectors.

PM Modi's $2.5 Billion Free Power Plan Depends On Political Will In States

India News | Rajesh Kumar Singh and Anindya Upadhyay, Bloomberg | Thursday September 28, 2017

The success of Prime Minister Narendra Modi's ambitious plan to electrify all households in India by December 2018 faces a familiar hurdle: the money-losing state power retailers.

NTPC Signs Rs 3,000 Crore Term Loan Agreement With ICICI Bank

Business | Press Trust of India | Wednesday August 30, 2017

The loan will be utilised to part finance the capital expenditure of NTPC, the company said.

NTPC Share Sale A Big Hit With Institutions, Oversubscribed

Business | Press Trust of India | Tuesday August 29, 2017

On the opening day of the sale, which was open to non-retail investors, over 38.66 crore shares were bid till 1425 hours.