The scheme will come with a gross budgetary support of Rs 1.2 lakh crore over five years will be result-oriented where the distribution companies will invest first and get money later. New Delhi: The government is close to finalising a Rs 3.5 lakh crore financial assistance package that would mandate state power distribution companies with […]
Electricity Amendment Bill Pushes for Privatisation Model, Limits Powers of Local Admin, State Govts
Experts question the government’s stance of preparing and notifying ‘National Energy Renewable Policy’ through the bill in spite of controversy over classification of hydro power as renewable energy. On Wednesday, April 29, a national consultation on the Draft Electricity Amendment Bill, 2020, organised online by a group of non-profit organisations, unanimously opposed the changes proposed […]
India’s Power Distribution Sector Needs Further Reform
India’s Power Distribution Sector Needs Further Reform For more information please see below link:
Motilal Oswal initiates Torrent Power with ‘buy’, says best play in private power sector
Motilal Oswal initiated coverage on Torrent Power with a rating of “Buy” after considering it as the best play in the private power sector The brokerage initiated a ‘buy’ rating on the stock with a price target of Rs 315 per share. Motilal Oswal initiated coverage on Torrent Power with a rating of “Buy” after […]
