According to the press release by the Ministry of Coal, a Sub-Group mechanism, comprising representatives from the Ministry of Power, Ministry of Coal, Ministry of Railways, and power generating companies, has played a crucial role in maintaining this steady supply.
With the implementation of Electricity (LPS and Related Matters) Rules, 2022, the Ministry of Power on Wednesday said that there has been a remarkable improvement in the recovery of outstanding power dues of suppliers including generating companies, transmission companies and traders.
New Delhi [India], June 9 (ANI): The world's largest coal miner Coal India Limited on Thursday said it has issued a tender to import 2.42 million tonnes (MT) of coal, which will be used by state power generating companies (gencos) and independent power plants.
New Delhi [India], April 30 (ANI): State power generating companies of Maharashtra, West Bengal, Jharkhand, Tamil Nadu, Rajasthan and Madhya Pradesh owe the most amount of money to Coal India Limited, sources said.
New Delhi [India], Aug 22 (ANI): In order to alleviate the financial stress of the power system, the Ministry of Power has advised all generating and transmission companies to charge late payment surcharge (LPS) at a rate not exceeding 12 per cent per annum (simple interest) for all payments
Bhopal (Madhya Pradesh) [India], May 14 (ANI): Congress leader and former Madhya Pradesh Chief Minister Digvijaya Singh has said that before giving relief to the workers, Modi Government has provided Rs. 90,000 crore to power generating companies.