Search For "power sector"
Arunachal Dy CM inaugurates state’s first Gas Insulated Substation
Updated : 2 years, 7 months ago IST
Arunachal Pradesh has taken a significant step towards energy sustainability and development by launching its first 133/32 KV Gas Insulated Substation (GIS). This groundbreaking achievement, inaugurated by Deputy Chief Minister Chowna Mein on Wednesday at Nirjuli in Papum Pare district, is s
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Govt prescribes broad framework for financial sustainability of power sect
Updated : 2 years, 7 months ago IST
According to an official release, the measures come in the wake of the need for a framework for the sustainability of the sector and the fact that improper and non-transparent accounting as well as non-payment or delayed payment of subsidies announced by the States is one of the reasons for
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Pakistan facing "exceptionally high" economic risks, says IMF
Updated : 2 years, 8 months ago IST
The lender insists that one more IMF program will be necessary to solve structural issues. The government has agreed to notify the public as soon as electricity rates increase by 5 Pakistan Rupees (PKR) per unit and gas prices increase by more than 40%, according to the report. This is becau
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Power availability rose to 22.30 hrs in rural areas, 23.3 hrs urban since
Updated : 2 years, 8 months ago IST
The central government has brought in a “sea of change” in the country’s power sector which has resulted in raising power availability in rural areas up from 12:30 hrs in 2014 to 22:30 hrs today, said Union Minister of Power and New and Renewable Energy RK Singh.
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Centre issues guidelines for resource adequacy planning framework for powe
Updated : 2 years, 9 months ago IST
The Central Government has issued Guidelines for Resource Adequacy Planning Framework for India, in consultation with Central Electricity Authority (CEA).
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Rs 1.4 lakh cr incentive available in 2023-24 for States' power sector ref
Updated : 2 years, 9 months ago IST
The additional borrowing window for states was announced by the Union Finance Minister Nirmala Sitharaman in Union Budget 2021-22. Under the initiative, an additional borrowing space of up to 0.5 per cent of the Gross State Domestic Product (GSDP) is available to the States annually for a fo
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World Bank approves USD 200 mln loan to increase Himachal's green energy c
Updated : 2 years, 9 months ago IST
The World Bank has approved USD 200 million in loans for Himachal Pradesh to facilitate power sector reforms in the state, besides increasing the share of renewable energy generation.
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India, Nepal satisfied with strides in power sector cooperation: MEA
Updated : 2 years, 9 months ago IST
The Nepal Prime Minister is on his maiden visit to India ever since he assumed office in the current term.
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Power Finance Corporation group clocks highest-ever annual profit after ta
Updated : 2 years, 10 months ago IST
State-owned Power Finance Corporation (PFC) Corporation posted its highest annual Profit After Tax (PAT) with a 13 per cent increase from Rs 18,768 crore in FY22 to Rs 21,179 crore in FY23.
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Sandeep Zanzaria appointed Managing Director of GE T&D India Limited
Updated : 2 years, 11 months ago IST
New Delhi [India], April 18 (ANI/PRNewswire): GE today announced the appointment of Sandeep Zanzaria as Managing Director and Chief Executive Officer of GE T&D India Limited (NSE: GET&D) (BSE: 522275) effective April 17, 2023. He succeeds Pitamber Shivnani, who retired from the post
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"Power sector important for economic development": Andhra Energy Minister
Updated : 2 years, 11 months ago IST
"It has been proved once again in the recently concluded Global Investors Summit that the power sector is very important for economic development," he said.
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Coal India targets 610-million tonne supply to power sector 2023-24
Updated : 2 years, 11 months ago IST
Coal India has pegged supply to the power sector in 2023-24 at 610 million tonnes to meet the demand of coal-fired power plants.
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