As per DFS data, the total advances towards electricity generation sector reported by Scheduled Commercial Banks (SCBs) is about Rs. 4.71 lakh crore and most of them are standard assets.
Union Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines, Mr Piyush Goyal informed the Upper House of the Parliament (Rajya Sabha) that Government has reviewed the status of 34 stressed Thermal Power Projects, as per the list provided by Department of Financial Services (DFS), with an estimated debt of about
Rs. 1.77 lakh crore.
Union Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines, Piyush Goyal informed the House on Thursday that under Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India [FAME-India] Scheme of the Government, 25 Charging Stations have been installed at 6 different locations in Bengaluru.
Premier solar an end to end solar solution provider today said Telangana IT and Industries Minister KT Rama Rao is expected to inaugurate their 200 MW automated solar module manufacturing facility in Sanga Reddydistrict on July 29.
The Haryana government today said it will provide Rs 750 crore loans to discoms at a concessional rate of interest, about 3 per cent lower than the market rate, under the UDAY scheme.
A total of 3.78 lakh non-solar renewable energy certificates (RECs) were traded at the India Energy Exchange (IEX) in July.
The National Association of Street Vendors of India estimates that there are around 30,000 street vendors in Bengaluru. Small businesses like these face innumerable challenges, given their make-shift existence.
Metals magnate Anil Agarwal’s Vedanta Resources would raise up to $1 billion in dollar bonds in the second such issue in six months, harnessing global liquidity to pare high-cost debt and build an expansion kitty ahead of the mining cycle turnaround. The sale is likely as early as next week, three people with direct knowledge of the exercise told ET.
The power sector’s first ‘Infrastructure Investment Trust (InvIT)’ IndiGrid, which was floated to own transmission assets across the country, would acquire four more projects of its sponsor– Sterlite Power Grid Ventures Limited.
GE T&D India is locked in upper circuit of 20% at Rs 393, also its 52-week high on BSE, after the company reported net profit of Rs 61.7 crore in June quarter (Q1FY18), on back of healthy operational growth.
China will extend its push to cut power distribution pricing to include transmission lines used to send electricity between regions, the state planner said on Wednesday.