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Articles for Power

EPFO, LIC Buy One-Sixth Of Power Debt

A bail-out plan launched last year for money-losing power companies provides for states to convert up to three-fifths of the total debt held by their utilities into bonds to revive the companies

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Govt To Sell $420 Million Stake In NHPC

The government is also seeking bids from merchant bankers and brokers to manage the sale of a 10 per cent stake in state energy company Oil India

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Concern Over India's Nuke Liability Law Remains, Says French Firm EDF

Even eight years after the signing of the nuclear cooperation deal between France and India, there is yet to be any visible progress on the ground

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OPEC Trims 2016 Oil Demand Growth, Says Its Output Rises Slightly

The report points to a 790,000-bpd excess supply in 2016 if the group keeps pumping at March's rate, up from 760,000 bpd implied in last month's report

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Power Reforms Likely To Pressure States' Budgets, Says RBI

India's power reforms are likely to put pressure on state governments' budgets, potentially forcing them to cut spending needed to support economic growth, the Reserve Bank of India (RBI) said in a report on Thursday

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US Judge Dismisses Lawsuit Against World Bank Over India Power Plant

The IFC loaned $450 million to help build the coal-fuelled Mundra power plant in Gujarat, which fishermen and farmers said took a huge toll on the environment

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Adani Impact On Power Supply To Bangladesh

Jharkhand's refusal to grant land-lease to Adani Group for setting up a power project to supply power to Bangladesh may jeopardize efforts by Narendra Modi to strengthen relations with Sheikh Hasina

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IL&FS Engineering Services JV Bags Rs 153.99 Crore Project In Gujarat

The scope of work includes supply contract for tower package-TW02 for 765kV D/C Bhuj-Banaskanta transmission line associated with Green Energy Corridors

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Uttar Pradesh Govt To Blame For State's Power Woes: Goyal

The Union minister said the state government has failed to generate power despite resources being made available to it

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Jindal Brothers Near $782 Million Power Plant Deal

Billionaire Sajjan Jindal's JSW Energy is nearing a deal to buy a 1,000 megawatt coal-fired power plant from his brother's debt-laden Jindal Steel & Power for about $782 million

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