Sate-owned hydro power generator NHPC Ltd today announced it has issued secured, redeemable, non-cumulative, non-convertible, taxable X Series bonds on private placement basis with an issue size of Rs 1,500 crore.
Uttar Pradesh government informed the state Assembly on Monday that 60 lakh new power connections have been given to the consumers in the state just in the past six months.
India’s Power Finance Corp Ltd said on Monday the company was not considering extending the open offer to the minority stakeholders for its deal with REC Ltd. There has been no finalisation on the deal value, the non-banking finance company said.
Andhra Pradesh Eastern Power Distribution Company Limited (APEPDCL) has estimated that it will have to bear an additional burden of nearly Rs 27.53 crore to provide nine hours of free power supply to all 28,056 eligible farmers in Visakhapatnam district,
Polavaram project, considered the lifeline of Andhra Pradesh, will also make the state surplus in power generation. It will add about 980 megawatts of hydel power to the state grid.
In the crisis-ridden power sector, banks are for the first time retaining the debt-plagued promoter in their restructuring plan. Manoj Gaur, the promoter of Jaiprakash Power Ventures (JPVL)
Electric vehicle charging infrastructure provider EVI Technologies plans to invest around Rs 100 crore in the next one and a half years to set up 20,000 charging stations across the country, a senior company official said.
Troubled after the Aam Aadmi Party’s ‘bijli andolan’, Punjab Power, New and Renewable Energy Sources Minister Gurpreet Singh Kangar on Sunday rubbished the “baseless slandering campaign” launched by some
India’s electricity supply deficit has more than halved to 2 per cent despite annual peak demand rising nearly 21 per cent from 2013-14 to 2017-18. The peak demand is an assessment of the maximum power requirement during any time of the year.
Ease of doing business: Government exempts these industries from environmental clearance for power plants
The Centre has exempted industries like steel, cement and metal from mandatory prior environment clearance for setting up a new or expanding the existing captive power plant employing waste heat recovery boilers (WHRB) without using any auxiliary fuel.