NEW DELHI: Country’s largest power generator NTPCNSE 1.30 % will regulate power supply to Jammu & Kashmir for not clearing Rs 1,985 crore dues. The company has asked to state to clear the pending dues or face blackout.
Category: Power
Power
Big energy deals likely during Prince Salman’s visit
India and Saudi Arabia are expected to sign mega deals in energy and infrastructure to put meat in strategic partnership when the Gulf kingdom’s Crown Prince, Mohammed bin Salman
ADAG group promoter stepped up share pledges post 2014
The bankruptcy filing by Reliance CommunicationsNSE -0.93 % (RCom) triggered a panic selling across various stocks of the ADAG group’s other companies on Friday including sale of pledged shares by some of the lenders. The data compiled by the ET Intelligence Group from Capitaline show that the trend of pledging promoter shares began way back […]
New reactors under IAEA safeguards: Decision will be based on source of uranium, says official
NEW DELHI: India will decide on the number of new reactors to be placed under IAEA safeguards only after assessing if these will be fuelled by uranium procured from abroad, a senior official said.
Dhoot Transmission acquires Bengaluru’s San Electromec
MUMBAI: In a bid to diversify its customer base, Aurangabad-based Dhoot Transmission, the second-largest Indian wiring harness maker for two wheelers, has acquired San Electromec, wire harness and control panel player that specializes in railways, defence, construction and specialty vehicle segment, for an undisclosed sum This is Dhoot’s fourth acquisition after it bought Parkinson Harness […]
Thermal power projects with investments worth Rs 2.5 lakh cr facing stress: Report
NEW DELHI: Investments worth over Rs 2.50 lakh crore in thermal power projects (based on domestic coal, imported coal and gas) are facing stress, and immediate remedial measures are needed to ensure that they are revived in a time-bound manner, as per a report.
Adani Transmission completes acquisition of KEC International’s project for Rs 228 crore
NEW DELHI : Adani Transmission Ltd said it has completed Rs 228 crore acquisition of operational transmission lines of KEC InternationalNSE -1.73 % Limited.
India unlikely to achieve 100 GW solar power target of 2022
India is unlikely to achieve its target of 100 gigawatt (GW) solar electricity capacity as it faces short-term uncertainty due to imposition of various taxes, research and consultancy firm Wood Mackenzie said. India’s installed grid-connected power generation capacity increased 4 per cent from January to October 2018 to reach 347 GW.
Breather for solar gear makers
Domestic solar gear makers like Adani Group and Tata PowerNSE 0.14 % Solar finally had a breather in a 12-GW scheme mandating state-run firms to set up projects using local equipment. It also paves way for fresh investments in the sector. The Cabinet Committee on Economic Affairs on Wednesday
Adani Enterprises Q3 profit slumps 72% to Rs 80 crore
New Delhi: Adani EnterprisesNSE -3.47 % Thursday said its consolidated net profit plunged 72 per cent to Rs 80.09 crore in December quarter 2018, on account of higher expenses.
Suzlon Energy loss widens to Rs 40 crore in Q3
New Delhi: Suzlon EnergyNSE -5.06 %’s consolidated net loss widened to Rs 40.07 crore in the December 2018 quarter compared to the year-ago period, mainly due to lower revenues, higher
Short term power prices touches Rs 3 per unit in winter season
KOLKATA: In December last year, short-term power prices declined to Rs 3.30 per unit on a month-on-month basis owing to the ongoing winter season, during which there is subdued demand for power, particularly in northern and western states