'India helping in UN Development Agenda through own targets'

Last Updated: Saturday, April 18, 2015, 22:01

India is walking the talk in its efforts to contribute to the success of the ambitious post-2015 Development Agenda through the national targets to eradicate poverty and provide access to basic sanitation and electricity to all, the country's top diplomat at the UN said.

India to produce about 1,100 bn units of power in 2015-16

Last Updated: Tuesday, April 14, 2015, 17:59

The government has set a target of generating close to 1,100 billion units of electricity during the current financial year as the coal supply at thermal power stations has eased.

Power tariff in Delhi likely to rise by 20%

Last Updated: Sunday, April 12, 2015, 14:52

The power tariff in the national capital may see a steep rise of up to 20 percent if Delhi Electricity Regulatory Commission (DERC) accepts a demand of the three private power distribution companies which have strongly sought the hike citing severe fund crunch.

State power firms to import 52 MT coal in FY16

Last Updated: Sunday, April 12, 2015, 13:31

State-owned power generation companies will import about 52 million tonnes of coal, accounting for 70 percent of total dry fuel imports by power firms in the current fiscal, to meet their requirements.

Govt to provide round-the-clock cheap power to all: Goyal

Last Updated: Thursday, April 9, 2015, 16:18

The government aims to provide round-the-clock cheap electricity to everyone across the country, Power Minister Piyush Goyal said on Thursday.

Sri Lanka to take call on Rs 3K cr undersea power link: PGCIL

Last Updated: Wednesday, April 8, 2015, 14:09

State-owned Power Grid Corp on Wednesday said the call to implement the proposed Rs 3,000 crore undersea power transmission link has to be taken by Sri Lanka.

Core sector growth slows down to 1.4% in February

Last Updated: Tuesday, March 31, 2015, 17:35

The eight core sector industries — coal, crude oil, natural gas, refinery products, fertilizer, steel, cement and electricity.

Power, gas utility stocks gain on Cabinet nod for financial support

Last Updated: Thursday, March 26, 2015, 19:23

Shares of power and gas utility stocks on Thursday rose as much as five percent on bourses after Cabinet approved financial support to revive stranded power projects.

Private power firms to get up to Rs 7,500 cr subsidy in 2 years

Last Updated: Thursday, March 26, 2015, 17:38

A subsidy of up to Rs 7,500 crore will be provided to private power companies in the next two years as part of the scheme approved by the Cabinet to revive 31 electricity generating units stranded for want of gas.

Unexpected rains pull down peak power deficit to 2.8% in February

Last Updated: Sunday, March 22, 2015, 11:15

Unexpected rains across the country brought down the peak power deficit -- shortfall in electricity supply when the demand is maximum -- to 2.8 per cent last month.

Power sector total loan from banks at Rs 5.83 lakh crore

Last Updated: Thursday, March 19, 2015, 18:24

The total outstanding credit to the power sector from various banks amounted to Rs 5.83 lakh crore at the end of 2014 but the government has no plans to reschedule the loans to electricity generating firms.

Power consumers to gain Rs 30,000 cr in long-term: Goyal

Last Updated: Monday, February 23, 2015, 21:41

After the auction of 19 coal blocks, power consumers in the country stand to gain over Rs 30,000 crore over a period of time by way of a cut in electricity tariff, Power and Coal Ministry Piyush Goyal said Monday.