Power distribution sector needs drastic reforms: Power secy
He said government is currently working on bringing in the revised version of the scheme UDAY 2.
CG Power may refuse to repay unapproved loans of its units
Loans were given to subsidiaries without the authorisation of company directors, two persons aware of the board’s thinking told ET.
Tata Power arm to divest 50% stake in South African joint venture
According to a company statement, Cennergi (Pty) Ltd is a 50:50 joint venture between Exxaro Resources and Khopoli Investments, a 100% subsidiary of Tata Power.
KKR India buys 10% in CG Power
According to the shareholding data for the June quarter 2019, Vistra ITCL is a public shareholder and held 21.63% stake in the company.
Capacity utilisation to rise as power demand to hover between 6-7%
In a ratings statement Ind-Ra said the stable-to-negative outlook reflects mounting receivables by state distribution companies (discoms) due to inadequate improvement in operational parameters.
Ind-Ra revises solar sector outlook to stable for FY20
The agency has, however, maintained stable outlook for wind power sectors for the remainder of this fiscal.
Share market update: BSE Power index dips; Tata Power down 1%
The S&P BSE Power index was trading 0.10 per cent down at 1929.66 around 11:36 am.
APTRANSCO to withdraw connectivity nod for 98MW wind projects
The decision comes on the heels of CM YS Jagan choosing to renegotiate PPAs after coming to power
APTEL allows Adani Power arm to charge higher coal cost from Raj discoms
The tribunal has allowed the compensation due to the shortage of domestic coal, the company said in a regulatory filing.
Unsteady NTPC supply may increase power bill for some
An NTPC executive said power output at pitheads in Korba and Talcher, among others, was affected by frequent law and order issues.
Stocks in the news: DHFL, Sunteck Realty, CG Power, Bajaj Finance and Coffee Day
Bajaj Finance said it will raise up to Rs 8,500 crore through qualified institutional placement.
Stocks in news: Coffee Day, CG Power and Syndicate Bank
Here are the top stocks that are likely to be in focus in today's trading.Stocks in news: Coffee Day, CG Power and Syndicate Bank
Stocks in the news: Coffee Day, SBI, NBCC, CG Power, MMTC and STC
Private equity giant KKR India picked up 10 per cent stake in CG Power.
CG Power case: Sebi bans Gautam Thapar, 3 others from mkts; orders forensic audit
The audit firm will have to submit the report to Sebi within six months from order date.
Irregular deals by brass may have led to Rs 3000 crore loss for CG Power: Report
The cheques were issued by CG without approval from its board or risk and audit committee.
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