In Short : Hitachi India is accelerating investments in rail, energy, and payments sectors, highlighting faster project execution as a key success factor. The company aims to expand smart infrastructure solutions, enhance efficiency in transport and energy systems, and modernize digital payments, reinforcing India’s push toward technology-driven growth and sustainable development across multiple critical sectors. […]
Tata Power to consider issuing NCDs, bonds for improving liquidity
The move comes amid a slump in demand for power because of COVID-19 and increasing risk of distribution companies delaying payments Mumbai (Maharashtra): Tata Power’s board of directors will meet on May 19 to consider issuing non-convertible debentures, bonds or other debt securities on a private placement basis to improve its liquidity position. The move […]
Discoms’ outstanding dues to power gencos rise to Rs 10,763 cr in Mar’20
Discoms’ outstanding dues to power gencos rise to Rs 10,763 cr in March The portal was launched in May 2018 to bring in transparency in power purchase transactions between the generators and discoms Power producers’ total outstanding dues owed by distribution firms jumped to Rs 10,763 crore in March 2020 over the same month […]
Thermal power PLF could fall below 55 pc level in FY21
The rating agency estimates the pandemic could lead to the thermal plant load factor (PLF) falling below 55 per cent for 2020-21, closer to the technical minimum standards, on account of a gradual ramp-up in industrial load and the muted electricity demand New Delhi: Thermal power plant load factor or capacity utilisation could fall below […]