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 […]
Near term capacity addition in wind energy sector to depend upon bidding plans by SECI and utilities: ICRA
The state distribution utilities (discoms) are expected to adopt the competitive bidding mechanism for awarding wind energy projects
State-run Power Grid Corp’s standalone net profit jumped 22 per cent year-on-year to Rs 1,916.36 crore in the quarter ended on March 31, 2017.
Wins largest-ever export order; Forays into Power Generation; Focus on Diversification to Drive Next Wave of Growth
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.
India’s largest power generation company, NTPC Ltd said on Monday that it has registered over 10% increase in the total income at Rs. 79,342.30 crore in 2016-17 against Rs. 72,009.16 crore in the previous year.
India Power Ltd will explore acquisitions preferably for thermal power projects, Chairman, Hemant Kanoria said. The company is also open for acquisitions in the renewable sector.
A solar plant of the size and cost of a centre table on your rooftop can insure your home against power cuts and halve your electricity bill. IIT Madras has invented such a solar rooftop installation — smaller and cheaper than present installations.
The government clarified on Friday that there was no dearth of coal at Rajmahal OCP to supply Kahalgaon and Farakka Power Stations of NTPC Ltd.
The ease of getting power at affordable rates comes on the back of focussed reforms unleashed by the Modi government over the past three years in the power sector.
India’s power sector that was marred by continuous shortages and lack of quality and steady supplies to homes and factories has seen an unprecedented turnaround in the past three years.
Bharat Heavy Electricals Limited (BHEL) has successfully commissioned another 270 MW thermal unit at Rattan India Nasik Power Limited’s 5×270 MW thermal power project, located at Sinnar in Nasik District of Maharashtra.