Maharashtra to set up NBFC
The mounting debt of Rs 3 lakh crore reeling over Maharashtra is a cause of concern for its finance minister. Further, an interest payment of Rs 26 crore per day is a worry factor too.
RE Commitments: Sunny or Windy days ahead?
With a total of 2.70 lakh MW of renewable commitments from public and private developers, 62,100 MW of manufacturing commitment from public and private manufacturers, and 6,000 MW of EPC commitments from players.
BSES secures crucial loan of Rs.4,905 crore
The Power Finance Corporation has sanctioned a loan of Rs 4,905 crore to cash strapped BSES discoms. The BSES discoms had sought a long-term financial solution through PFC, which had proposed a financial package of Rs 11,006 crore last year.
POWER TODAY, through this story, tried to highlight the status check of these two reforms and importantly, the issues that the officials of State Electricity Boards (SEBs) and the implementing agencies have shared with us.
How the budget can fire power
On 28th February, when Finance Minister Arun Jaitley presents his second budget (after his Interim Budget 2014 in July) the power industry may expect some major policy relief as it will be the first full-fledged budget presented by the FM.
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