State-owned infrastructure financecompany in the power sector – Rural ElectrificationCorporation (REC) – today announced it has raised $300 million through Dollar bonds that are bought and sold outside of the United States.
With an aim to maximise its recovery, powercorporation Paschimanchal Vidyut Vitran Nigam Ltd in Bijnor has now decided to sever power connections of an entire village if more than 80% of its residents are found to be not paying bills.
Power Finance Corporation (PFC), India’s state-run lender to the electricity sector, today announced it has signed Memorandum of Undertaking (MoUs) with Uttar Pradesh power utilities for extending financial assistance of Rs 50,200 crore for multiple power sector projects.
Saubhagya Scheme: Govt To Miss 2019 Target To Electrify All Households At Current Rate, Could Take As Long As 2022
The government has declared 2019 as the target date for every Indian household to get electricity. But a Factchecker analysis reveals that at current rates of electrification, it will take more than four years to provide power to all rural households alone.
Out Of 18,450 Villages Without Electricity, Over 16,000 Now Electrified, Says Union Minister RK Singh
Union Minister of State for Power and New and Renewable Energy RK Singh today said that the government was committed to providing electricty to un-electrified households by 2019.
Budget 2018: Jaitley Should Bring Electricity Under GST; Exclusion Has Magnified Power Sector’s Blues
Power is essential to fuel the economic growth of India. An uninterrupted and reliable power supply is a must for keeping up the pace of development in India.
Hardarpur, a sleepy village in the Diara or riverine belt of Bihar, was in news last December when it became the last of the 39,073 revenue villages in the state to get electricity access.
The fate of 400kV New Butwal-Gorakhpur cross-border transmission line is hanging in balance, as India questioned the power line’s commercial viability, saying whether it can help to encourage electricity generation between Nepal and India.
The Deen Dayal Upadhyaya Gram Jyoti Yojana (DDUGJY) remained a non-starter even after nearly two- and-a-half years of launch in Jammu and Kashmir where 102 villages remained unelectrified.
According to the 2011 national census, there are 4.3 million children between the ages of five and 14 who are involved in labour. This number, staggering as it may be, is outdated, considering that six years have now passed.