ICRA Assessment of GST Impact on Power Sector

ICRA Assessment of GST Impact on Power Sector

Sector Pre-GST Post-GST Impact Power Sector Impact – Thermal – Marginally Positive, Wind – Marginally Negative Reduction in tax rate on domestic coal provides a relief in the cost of power generation even after accounting for an increase in capital cost (due to higher tax rates in boiler, turbine, generator segment).  On the other hand for wind […]

BHEL regains growth & profitability, Surpasses 12th Plan Capacity Addition Target

Wins largest-ever export order; Forays into Power Generation; Focus on Diversification to Drive Next Wave of Growth

BHEL regains growth & profitability, Surpasses 12th Plan Capacity Addition Target

State-owned Bharat Heavy Electricals Limited (BHEL) said on Monday that it has has achieved double digit growth in its topline and bounced back into profit in fiscal 2016-17, ending the year with significant traction in growth drivers.

Dharmendra Pradhan meets Shigeru Aoyagi, Country Head of UNESCO

Pradhan said special focus should be given to improvement of livelihood of people associated with Chilika Lake; Assured to seek support from all stakeholders for nomination and selection of Chilika Lake as UNESCO World Heritage Site

Dharmendra Pradhan meets Shigeru Aoyagi, Country Head of UNESCO

Union Minister of State (I/C) for Petroleum and Natural Gas, Dharmendra Pradhan met Shigeru Aoyagi, Country Head of UNESCO on Monday.

Tata Power turns around solar business to become India’s largest integrated solar company

Tata Power turns around solar business to become India’s largest integrated solar company

Tata Power Solar, India’s largest integrated ​private sector ​solar company, ​on Monday​ announced that the company has ramped up the scale of business substantially by focusing on building state of art technology, engineering and strengthening on customer & employee satisfaction.

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