Page 4 - Power Companies

Discoms' outstanding dues to power gencos rise 24% to Rs 1.36 trn in Dec

The portal was launched in May 2018 to bring in transparency in power purchase transactions between the generators and discoms

Torrent Power highest bidder for Dadra Nagar Haveli, Daman & Diu discoms

UT of Dadra & Nagar Haveli and Daman & Diu carry annual revenue of Rs 4500 crore from roughly 150,000 consumers

Persuade consumers pay bills as UP power runs loses of Rs 90K-cr: Minister

With the UP power corporation running into losses to the tune of a whopping Rs 90,000 crore, state Power Minister Shrikant Sharma asked officials to persuade consumers to pay their pending bills.

Power Finance Corp to sell bonds worth $1.4 billion to individual investors

Power Finance Corp. has filed a draft prospectus for a 100-billion-rupee offering ($1.4 billion), and plans to raise the entire sum this quarter

Discoms' outstanding dues to power gencos rise 35% to Rs 1.41 trn in Nov

In November 2020, the total overdue amount, which was not cleared even after 45 days of grace period offered by generators, stood at Rs 1,29,868 crore as against Rs 93,215 crore in the year-ago period

Revival path: Credit quality of key sectors unscathed, outlook on the mend

In the first part of the series, we are looking at the core investment-linked sectors.

NTPC offers to buy back its Rs 4,000 cr masala bonds from lenders

State-run power giant NTPC has made an offer to buy back its masala bonds worth Rs 4,000 crore from bondholders or lenders

Discoms' outstanding dues to power gencos up 29% to Rs 1.38 trn in Oct

Distribution companies (discoms) owed a total of Rs 1,06,734 crore to power generation firms in October 2019

Outstanding dues from power cos pose challenge: Coal India report

The cash flow problem arising out of the outstanding dues from state-owned power generation companies poses a challenge to Coal India Ltd as its management is deliberating on an interim dividend

Discoms' outstanding dues to power gencos rise 36% to Rs 1.29 trn in July

Power producers' total outstanding dues owed by distribution firms rose over 36 per cent year-on-year to Rs 1.29 trillion in July 2020, reflecting stress in the sector.

Power equipment companies changing tack in push for green energy

The second of a two-part series talks about how stiff competition in thermal projects is forcing manufacturers to focus on renewable sector

Energy companies go green, change tack from coal to renewables

Covid has brought to fore the need for sustainable development. A two-part series examines the shift in energy sector

Green Shoots: Power demand recovers, but commercial use still below par

The fourth of the five-part series looks at how demand is returning to near normal levels

Five years on, govt's UDAY scheme fails to power bleeding discoms

Shreya Jai compares five-year data that reveals deterioration in the health of discoms

India'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

India'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.

Hitachi completes merger of its JV business unit with Power India

The merger follows the completion of the global merger of the energy business vertical of the Swiss major with the Japanese conglomerate.

Adani Power buys 49% stake in Odisha Power Generation Corp from US firm

Odisha holds the balance 51% in OPGC which operates the 1,740 Mw thermal power plant at Banharpalli in Jharsuguda

Power minister R K Singh asks Rs 3 trillion from finance commission

The minister informed the commission that the old schemes of the ministry are being amalgamated into a new scheme for which he requested Rs 3 trillion over five years.

Reliance Power wins lawsuit challenging validity of arbitration award

The total dues payable by Kokos Jiang and Prestige Capital Holdings stands at 68 million dollars as on the day of judgement