PSUs face selling pressure amid Nifty CPSE rejig
The Nifty CPSE index revision will be effective from January 23. IOC and PFC are likely to exit the index while Power Grid, NHPC, NMDC and Cochin Shipyard will be included.
Five non-telecom PSUs seek clarity from SC on AGR order
Non-telecom public sector units GAIL India, Power Grid Corporation (PGCIL), Oil India...
Coal stocks at power plants touch 19 days
At the closure of December 2019 total coal stock at power plants and mine mouth was 57 million tonn...
Contribution of thermal power installations in the overall capacity mix falls almost 1%
However, cumulative installations of thermal power capacity rose to 230.7 GW by the end of December 2019, up from 223 GW last year.
Power Min seeks Brazilian investment in energy sector
The minister also elaborated on the scope of investment in power distribution as well as renewable energy segment where the nation is seeing huge expansion and entry of new players.
Stock market update: Energy stocks advance; Tata Power gains 2%
The Nifty Energy index was trading 0.21 per cent up at 15,737.3.
NHPC's Rs 165-crore bid for Jal Power's 120 MW Rangit project gets lenders' nod
"NHPC Ltd has been declared as the Successful Resolution Applicant by the Committee of Creditors (CoC) of Jal Power Corporation Limited (120 MW Rangit Stage IV HE Project) subject to approval of Resolution Plan by the Hon'ble National Company Law Tribunal, Hyderabad Bench," an NHPC statement said.
Envision Energy commissions 2 wind projects in Gujarat
The contracts involved a 197.5 MW wind power project for Actis-backed Sprng Energy and a 35 MW project for ReNew Power which were awarded under tranche 1 of Gujarat Urja Vikas Nigam's wind auctions.
Punjab: Solar shift for city railway station on cards
The authorities are planning to adopt the solar model to power Ludhiana railway station and its buildings.
Supreme Court to hear all pleas against AGR dues next week
Sources said the court on Friday agreed to hear the pleas of GAIL India, Power Grid Corporation and Oil India that filed clarificatory applications on Wednesday and Thursday, which was the deadline for the payments. Sources added that RailTel and Delhi Metro Rail Corporation (DMRC) also have filed similar applications.
DoT seeking Rs 3 lakh crore from GAIL, other non-telecom PSUs result of communication gap: Dharmendra Pradhan
The government's demand from such companies increased many times more than their net worth and the Centre asked them to go to the Supreme Court against such dues. While Oil India Ltd filed a clarificatory/ modificatory petition on Wednesday, GAIL approached the apex court on Thursday.
Gizmobaba boss loves taking power naps, reading magazines and newspapers on a flight
Alok Chawla divides his time in two halves: relaxing and reading.
Minorities not against Sena; wanted BJP out of power: Sharad Pawar
The Shiv Sena and BJP contested the state assembly polls together in October last year, but parted ways following disagreement over sharing the chief ministerial post for two- and-half years on rotational basis. The Shiv Sena, NCP and Congress then came together and formed government in the state after many deliberations.
China to allocate $217 mln to new solar power projects in 2020
China has planned to scale back its total renewable power subsidy to 5.67 billion yuan in 2020 from 8.1 billion yuan last year, as Beijing believes clean energy sources are capable of competing subsidy-free with coal-fired power
China to stop subsidy for offshore renewables, eyes 2021 start for green quota trading
The move comes as China, whose renewable power installations make up about 41 per cent of total energy capacity, aims to cut a backlog of subsidy payments exceeding 100 billion yuan ($14.5 billion) and achieve "grid price parity"
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