Rs 90K cr package to provide only temporary relief to discoms: Ind-Ra
Finance Nirmala Sitharaman earlier this month announced Rs 90,000 crore liquidity infusion for discoms, saying that they owe Rs 94,000 crore to power generation companies
View ArticleInternet speed to power: Weekly indicators show economy is picking up
Weekly economic indicators show a rise in economic activity in days leading up government announcing easing coronavirus lockdown
View ArticleDelhi govt allows discoms to avail loans under Atmanirbhar package
Since the loans would need a state guarantee and Delhi is a Union Territory, it has written to ministry of home affairs to provide state guarantee on behalf of Delhi
View ArticleCentral transmission utility hived off from Power Grid Corporation
Power Grid, as a CTU, is responsible for the wheeling of power generatedby power producers and involved in planning transmission systems and operations.
View ArticleIndia's electricity output signals recovery in June, shows govt data
June power generation fell 9.9%, a Reuters analysis of daily load despatch data from federal grid operator POSOCO showed, compared with a 14.3% decline in May.
View ArticleGovt likely to hike liquidity package for discoms to Rs 1.25 trillion
"Ministry of Power has firmed up a proposal to hike the Rs 90,000 crore liquidity package for discoms to Rs 1.25 trillion," a source privy to the development said
View ArticleAtmanirbhar loan may touch Rs 1.25 trillion: Power minister R K Singh
The special loan is aimed at clearing dues of discoms towards Centre-owned and private power generation units.
View ArticleIndia's power companies face cash crunch after PFC rating cut to junk
Electricity projects, already reeling under precarious finances, could see borrowing costs soar if Power Finance isn't able to access the dollar bond market or raises funds overseas
View ArticlePower transmission sector to get investment worth Rs 1.8 trn by FY25: Icra
It said evacuation infrastructure for renewable energy (RE) projects will drive investments in the power transmission segment
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