Home Tag "Power Sector"

No power supply to discoms without bank guarantees

The move comes on the backdrop of the deep financial stress being faced by the power industry due to non-payment of dues The Union power ministry has directed electricity generators to snap supplies to state distribution companies which have failed to open or maintain bank guarantees. Following this directive, the states will have no option […]

Schemes are being rationalised to reduce cost of supply and power: AK Bhalla, Power Secretary

Various reasons like availability of fuel for plants and absence of power purchasing agreement has created stress in the power sector, says AK Bhalla, Union Power Secretary, during an interview with Zee Business. Various reasons like availability of fuel for plants and absence of power purchasing agreement has created stress in the power sector, says […]

Union Budget 2019: Centre to implement ‘One Nation, One Power’ grid to end India’s power woes

The Narendra Modi government is looking to implement ‘One Nation, One Power’ grid in the power sector, to ensure power connectivity to states at affordable rates, union finance minister Nirmala Sitharaman said in the union budget announcement on Friday in the Parliament. A package for power sector tariff and structural reforms to the sector will […]