by Lois C. Ferrara | May 8, 2020 | Business News
NEW DELHI: State-owned Coal India has turned down the request of power producers to extend the timelines for the third round of auction and the demand for reassessment of eligibility criteria for participation in the bidding for fuel supply contracts. Also, the PSU miner said that its role is limited to making available the source-wise […]
by Lois C. Ferrara | May 4, 2020 | Business News
New Delhi: Power consumption in April dipped 22.75 per cent to 85.05 billion units (BU) compared to 110.11 BU in the same month a year ago, mainly due to low demand amid the lockdown to combat COVID-19. The government had imposed lockdown from April 25 to fight the...
by Lois C. Ferrara | May 2, 2020 | Business News
West Bengal Chief Minister Mamata Banerjee hit out at Governor Jagdeep Dhankhar on Saturday, accusing him of trying to “usurp powers” amid the coronavirus crisis, and asked him to desist from using official communications and logos on social media....
by Lois C. Ferrara | May 2, 2020 | Business News
NEW DELHI: Amid the coronavirus crisis, Prime Minister Narendra Modi on Friday asked officials to work towards ensuring round-the-clock supply of power to all consumers. At a meeting to review the power sector and the impact of COVID-19 pandemic on it, he also...
by Lois C. Ferrara | Apr 28, 2020 | Business News
New Delhi: Distribution companies (discoms) owed Rs 92,693 crore to power producers in February 2020, registering an increase of 31 per cent over the year-ago same month, reflecting stress in the sector. In February 2019, discoms owed a total of Rs 70,706 crore to...
