Fitch retains stable outlook on power sector in 2015

Last Updated: Friday, December 12, 2014, 23:09

Rating agency Fitch Friday retained its stable outlook on India's power sector in 2015 but warned producers and grid operators will continue to face challenges by way of high capex levels and fuel shortages leading to negative free cash-flow in the medium-term.

Govt nod for amendments to Electricity Act

Last Updated: Wednesday, December 10, 2014, 23:12

To usher in major reforms in power sector, the government Wednesday approved various amendments to the Electricity Act, 2003, which among others would help consumers select a power supply company of their choice.

Consumers to soon get choice of selecting power discom: Piyush Goyal

Last Updated: Saturday, December 6, 2014, 15:43

Consumers will soon be able to choose their power supply company as the government is making necessary amendments to the Electricity Act to enable this provision which is aimed at encouraging greater competition in the distribution sector.

Many options for pvt players to invest in power sector: Govt

Last Updated: Thursday, December 4, 2014, 14:06

Government on Thursday said a slew of options are available for private players for investment in power sector for generation of electricity that include Design-Build-Finance-Operate-Transfer (DBFOT) and Build-Operate-Transfer (BOT).

Fuel supply constraints hit power generation during 2013

Last Updated: Tuesday, December 24, 2013, 13:53

Power plants from Andhra Pradesh to Maharashtra idled as gas supplies dried up and coal linkages impeded quick ramp up of electricity generation even as undeterred corporate bigwigs from Ambanis to Tatas showed willingness to commit big money into the sector during the year.

Govt working on separating content, carriage in power sector

Last Updated: Sunday, December 22, 2013, 19:49

In a move that could usher in more competition in the power sector, the government is working on a proposal where separate entities would handle electricity supply and distribution.

Tuki for planned dev in hydro power sector

Last Updated: Thursday, December 19, 2013, 13:46

Arunachal Pradesh Chief Minister Nabam Tuki has stressed on planned investment in the hydro power sector and insisted on good access and connectivity to facilitate the aim of making the state a powerhouse of the country.

World Bank to soon release Indian power sector review report

Last Updated: Sunday, December 15, 2013, 19:38

At a time when the country's power sector is facing tough times, the World Bank will soon come out with an elaborate sectoral review report listing out challenges as well as initiatives to improve current scenario.

Projects worth Rs 34,647 cr put on fast track

Last Updated: Sunday, December 15, 2013, 18:44

The government has put on the fast track projects worth Rs 34,647 crore in petroleum and natural gas and power sectors by approving a number of them and giving directions for urgent clearances to the rest.

'Will seek Cabinet nod for capping gas price for power sector'

Last Updated: Thursday, September 26, 2013, 12:57

Power Minister Jyotiraditya Scindia on Thursday said he will soon seek the Cabinet nod for capping the price of gas for the power sector at USD 5 per mmBtu.

J&K heading towards self-reliance in power sector: Omar

Last Updated: Saturday, August 17, 2013, 16:45

Jammu and Kashmir Chief Minister Omar Abdullah on Saturday said the state would generate 9000 MWs of power in the coming years to achieve self-reliance in this sector.

EGoM may give no significant gas to power sector this fiscal

Last Updated: Sunday, July 28, 2013, 18:45

The EGoM headed by Defence Minister A K Antony is to meet shortly to squeeze out some gas from current year output of 105 million standard cubic meters a day for the power plants.