Search For "power sector"
US-China trade tensions slow growth outlook for Asian non-financial compan
Updated : 6 years, 4 months ago IST
Hong Kong, Nov 26 (ANI): Moody's Investors Service said in a new report on Tuesday that slowing economic growth and continued trade tensions will keep credit conditions negative for non-financial companies in Asia (ex-Japan) in 2020, although the impact will vary by country and sector.
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Centre dismisses reports of slowdown in thermal power demand
Updated : 6 years, 4 months ago IST
New Delhi [India], Nov 20 (ANI): The Centre on Wednesday dismissed media reports of a slowdown in the thermal power sector and said that the lower demand in October resulted due to increasing consumption of renewable energy and hydroelectricity.
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Provident fund investment issues to impact UPPCL financials: Ind-Ra
Updated : 2 years, 5 months ago IST
New Delhi [India], Nov 10 (ANI): The likely loss to Uttar Pradesh State Power Sector Employees Trust due to investments in controversial Dewan Housing Finance Ltd (DHFL) will have an impact on UP Power Corporation Ltd's (UPPCL's) financial performance, according to India Ratings and Research
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IndiGrid powers ahead with Q2 EBITDA up by 84 pc q-o-q
Updated : 6 years, 5 months ago IST
Mumbai, (Maharashtra) [India], Oct 26 (ANI): IndiGrid, India's first power sector infrastructure investment trust (InvIT), has reported a consolidated revenue of Rs 373 crore for the quarter ended September 30, up 81 per cent quarter-on-quarter while the consolidated EBITDA (earnings before
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Corporate tax cut a positive for power sector: ICRA
Updated : 6 years, 5 months ago IST
New Delhi [India], Sep 30 (ANI): The recent announcement by the government to lower the corporate tax rate is a positive development for the power sector as it will allow power generators with cost-plus power purchase agreements (PPAs) to pass on lower tax benefit to power distribution utili
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IndiGrid reduces trading lot size to one-third after SEBI's new guidelines
Updated : 6 years, 5 months ago IST
Mumbai (Maharashtra) [India], Sep 30 (ANI): IndiGrid, India's first power sector infrastructure investment trust (InvIT), on Monday announced the reduction of its trading lot size from current 5,103 units to 1,701 units in line with revised guidelines of the Securities and Exchange Board of
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Union Min R K Singh to visit Kashmir to review development work in power s
Updated : 6 years, 6 months ago IST
New Delhi [India], Sept 16 (ANI): Union Power and New and Renewable Energy Minister R K Singh will visit Kashmir tomorrow to review different development projects in the power sector in Jammu and Kashmir.
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Stakeholder to brainstorm over need for 'New Age Economic Regulators' in N
Updated : 6 years, 7 months ago IST
New Delhi [India], Aug 28 (ANI): To discuss the role of regulators in changing economic environment and reforms envisaged for the power sector, key stakeholders from different sectors such as power, oil and gas, housing, telecom, banking and insurance will be coming together in Delhi on Augu
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MoS RK Singh holds meeting with North-East officials, says well-developed
Updated : 6 years, 7 months ago IST
Guwahati (Assam) [India], Aug 27 (ANI): Development of North-Eastern India is on the priority of the union government and a well-developed the power sector is a prerequisite for the economic development in these states, said Union Minister RK Singh on Tuesday.
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Hyderabad: CM KCR reviews power sectors, assures electricity body of finan
Updated : 6 years, 7 months ago IST
Hyderabad (Telangana) [India], Aug 1 (ANI): Chief Minister K Chandrashekhar Rao on Wednesday held a review meeting on the power sector at Pragathi Bhavan and assured that the government would give necessary financial support to the Telangana Electricity Organisations and would extend all
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IndiGrid powers ahead with acquisitions, Q1 EBITDA up by 26 pc q-o-q
Updated : 6 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 30 (ANI): IndiGrid, India's first power sector infrastructure investment trust, has clocked consolidated revenue of Rs 206 crore for the quarter ended June, up 21 per cent quarter-on-quarter.
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Thermal capacity addition to remain subdued over FY20-FY21: Ind-Ra
Updated : 6 years, 8 months ago IST
New Delhi [India], July 11 (ANI): India Ratings and Research (Fitch Group) said on Thursday it expects coal-based capacity addition in the Indian power sector, which fell to a low of 3.6 gigawatt in 2018-19, to remain subdued at five to six GW per year in this fiscal year and next.
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