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Ministry wants RBI to undo Chinese loan facility to power sector
May 2013
Reserve Bank of India (RBI) received a request from the union heavy industries ministry to withdraw the permission for external commercial borrowings (ECBs) denominated in Chinese currency, for power plants. The ministry fears that availability of long-term, low interest export credit from China will further distort the status in favour of Chinese manufacturers
Ministry wants RBI to undo Chinese loan facility to power sector
May 2013
Reserve Bank of India (RBI) received a request from the union heavy industries ministry to withdraw the permission for external commercial borrowings (ECBs) denominated in Chinese currency, for power plants. The ministry fears that availability of long-term, low interest export credit from China will further distort the status in favour of Chinese manufacturers
Indian Power Sector at a Crossroad
January 2013
The Indian power sector growth has witnessed a muted growth in the back drop of fuel shortages in coal and gas. The government has intervened by issuing directives to Coal India Limited (CIL) for a minimum guaranteed quantity of coal. The sector performance is expected to remain moderate until issues related to fuel supply are resolved. Arvind Mahajan, executive director and head of Energy and Natural Resources (ENR) sector at KPMG shares his views on the industry's progress in 2012 and also
Indian Power Sector at a Crossroad
January 2013
The Indian power sector growth has witnessed a muted growth in the back drop of fuel shortages in coal and gas. The government has intervened by issuing directives to Coal India Limited (CIL) for a minimum guaranteed quantity of coal. The sector performance is expected to remain moderate until issues related to fuel supply are resolved. Arvind Mahajan, executive director and head of Energy and Natural Resources (ENR) sector at KPMG shares his views on the industry's progress in 2012 and also
2012-13: Review of Union Budget
May 2012
Dr Hiranmoy Roy and Professor Anil Kumar take a look at what the power sector expected from the Budget and what it has received. It is imperative that the power sector scales up its generation capacity and reforms.
2012-13: Review of Union Budget
May 2012
Dr Hiranmoy Roy and Professor Anil Kumar take a look at what the power sector expected from the Budget and what it has received. It is imperative that the power sector scales up its generation capacity and reforms.
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