Govt Initiates Steps To Ease Stress In Stalled Thermal Power Projects

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.

Govt Initiates Steps To Ease Stress In Stalled Thermal Power Projects

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.

25 Charging Stations For Electric Vehicles Installed In Bengaluru On Pilot Basis Under Fame-india Scheme: Minister Piyush Goyal

25 Charging Stations For Electric Vehicles Installed In Bengaluru On Pilot Basis Under Fame-india Scheme: Minister Piyush Goyal

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.

Vedanta To Raise Up To $1 Billion In Dollar Bonds

Vedanta To Raise Up To $1 Billion In Dollar Bonds

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.

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