India’s coal-fired power sector continues to suffer rising challenges posed by lack of demand, improving price competitiveness of renewable power and regulatory risk, research firm Bridge to India said in a report. In addition, despite government’s various initiatives to improve the sector, demand has failed to pick up, the report said. “The Indian government’s aggressive […]
Power scenario in India set for major change, India-Ratings assigns ‘AA’ to Rs 10,000 cr UPPCL bond, may light up UDAY in UP
In a significant step that can change the power scenario in the country and signal the success of the Ujwal Discoms Assurance Yojana (UDAY) in Uttar Pradesh
India’s power sector has long been riddled with the poor financial health of the power distribution companies (Discoms) despite repeated bailouts from the Central government,
India’s energy sector has witnessed rapid growth over the last one year fueled by interventional policies, reforms and investments.
With 21 states now agreeing to go along with the Ujjwal Discoms Assurance Yojana (UDAY), the scheme to rescue the finances of electricity distribution companies (discoms), the Union ministry of power will do a mega tender for procuring ‘smart meters’ for these states.
Feedback Infra, one of India’s top infrastructure services companies, has been working with the ministry of power on the Ujwal Discom Assurance Yojna (UDAY)
ikkim is likely to join Ujjawal Discom Assurance Yojana (UDAY) next week taking the tally of states accepting the centre’s electricity distribution revival scheme to 22
A Moody’s Investors Service-ICRA report on Thursday upgraded the outlook for the Indian power sector to “stable” over the next 12-18 months with a Baa3 positive rating
India’s power distribution system is showing concrete signs of revival and lower operational losses as chronically inefficient states have significantly narrowed the gap between cost and revenue, reduced unmetered supply and are planning large bond issues in 10 days.
All states barring Uttar Pradesh have inked agreements with the Centre to achieve the milestone of providing ’24×7 Power For All (PFA)’.