NTPC Drops Acquisition Plans

NTPC Drops Acquisition Plans

State-run NTPCBSE -0.98 %, India’s biggest electricity producer, has shelved plans of acquiring stressed power assets in the private sector, and will instead help lenders to these debt-ridden power plants run them for a fee.

Centre To Brainstorm With States On Power Reforms

Centre To Brainstorm With States On Power Reforms

The central government is set to hold a two-day brainstorming session with states on big power sector reforms including direct transfer of subsidy and strict laws obligating distribution utilities to provide round-the-clock power and connection portability.

India’s Renewable Capacity Set To Double By 2022

India’s Renewable Capacity Set To Double By 2022

If there’s one success story being written in India, it’s that of renewable energy. By the government’s own reckoning, despite India’s energy needs likely to double over the next seven years (going by the current rate of economic growth), the nation is likely to meet two-fifths of its electricity needs with renewable sources by 2030.

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