The Ministry of Power has issued a proposal incorporating new modifications to the revised proposal for amendments to the Electricity Act 2003. In September 2018, the Ministry of Power had issued revised proposal for amendments to the Electricity Act 2003
Power Grid Corporation of India Ltd. (POWERGRID), the Navratna PSU, has declared final dividend of ₹1464.84 Crore in addition to ₹1281.74 Crore of interim dividend for the Financial Year 2017-18 i.e. aggregating to ₹2746.58 Crore.
REC Limited, the state owned power sector financier, signed a 200 million Euro loan with the German bank KfW in Frankfurt on 13th August 2018.
The government on Sunday announced its intention to set up a high-level empowered committee under the Cabinet Secretary to resolve the stress in the thermal power sector.
A conference of Ministers for Power, New & Renewable Energy of States & Union Territories will be held on July 3 at Shimla, Himachal Pradesh.
The coal supply to power sector from CIL in the FY 2018-19 (till May 23) has been 73.6 MT, which is an increase of 14 percent as compared to the same period of last year.
City residents can expect uninterrupted supply of power during summer as the ministry of power has enhanced the unallocated electricity quota, which will help reduce supply losses.
State-owned Power Finance Corporation (PFC) is planning to cut non-performing assets by 10 per cent or around Rs 1,500 crore this fiscal, as per an MoU inked with the power ministry.
NTPC, India’s largest power generating company said on Thursday that it is aiming at generating 268 billion units (BU) of electricity during the fiscal year 2018-19, under a Memorandum of Understanding (MoU) signed by it with the Ministry of Power in New Delhi
The Government has kicked-off a Pilot Scheme for Procurement of Aggregate Power of 2500 MW on competitive basis for 3 (three) years under medium term i.e. from generators with commissioned projects but without Power Purchase Agreement.