Power Minister Piyush Goyal said in Lok Sabha that the country was producing sufficient power and hence efforts should be made by state governments to attract industries by offering uninterrupted power
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The announcement follows the reduction in FPPPA to Rs 1.30 per unit already effected by Torrent in the first quarter of the current fiscal
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Threatening strict action against those indulging in theft of electricity, Power Minister Piyush Goyal on Thursday said it is "industries" as well as "big people" and not the poor who are involved in the pilferage
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Feedback Infrastructure chairman Vinayak Chatterjee says power demand from transmission companies is artificially low due to their financial problems
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A longstanding obstacle has been the need to bring Indian liability rules into line with international norms that will satisfy Westinghouse
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For the entire 2015-16 fiscal, the company posted a net profit of Rs 482.59 crore, against a net loss of Rs 9,157.69 crore in the previous financial year
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Officials from Power Distribution Company BSES blamed Delhi Transco Ltd, Delhi Government run entity that maintains the transmission network in the city, for disruptions
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GMR, known for the New Delhi airport it helped develop, said it will use the proceeds from the deal to cut debt
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While the deal would help reduce debt at Jindal Steel, it would also be a boon for top lender State Bank of India which has been trying to broker an agreement between the companies
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For Meher Pudumjee, Non-Executive Chairperson of energy major Thermax, success and failure go hand in hand
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