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Facing headwinds
The wind power sector is going through a transformation with the entry of competitive bidding process. Though it could keep up the pace as of now, analysts say, it will slow down going ahead.
Solar Photovoltaic Systems, Wind Power Sector, SECI, Renewable Energy, MNRE, RK Singh, ISTS, SEI Bids, Suzlon Energy, Tulsi Tanti, GST, PSU, MSME, Technology, FIT
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BHEL wins 2,400 MW project
In a surprise win, PSU giant BHEL has emerged the lowest bidder in the tender to build a 2,400 MW joint NTPC-Jharkhand government plant, beating Larsen & Toubro and Korea's Doosan. Estimated at around Rs 14,000 crore, it included EPC of 3x800 MW coal-fired plant and the Patratu Thermal Power Station.
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MoC establishes GST facilitation cells
With a view to facilitate the implementation of GST for the stakeholders concerned with Ministry of Coal and its organisations, the Secretary (Coal) held a meeting to review the status of preparedness for GST and the steps to be taken by the organizations under it for smooth implementation within the organizations and also to facilitate and guide the stakeholders particularly, their consumers and suppliers.
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Under Ind AS, Financial Statements Will Have A Face Off
The power sector in India is highly regulated, with continuing regulator's involvement in pricing, security of supply and extensively capital intensive. Till 1991, the whole infrastructure sector (of which power is a part) was primarily under government ownership, but due to severe foreign exchange crisis and a lack of capital for expanding infrastructure capacity, the Indian government allowed private foreign and Indian investments in the sector.
Power Sector, Priyanshu Gundana, Waterhouse And Co., PSU, PPP, IFRS, GAAP, FCCB, EIR, Infrastructure, MAT, CBDT, OCI, IT Systems
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Road to the top!
Public utilities have played a significant role in India´s growth story. Be it garnering wealth for the nation, ensuring planned development, contributing to public exchequer, working towards sustainability and social empowerment or initialising corporate governance, they have always been in the forefront. Here, we look at the power sector PSUs and their contribution to the country.
Public Utilities, POWER TODAY, PSU, UDAY, Electrified, GARV, UJALA, LED Distribution, Vidyut PRAVAH App, Electricity Generation, GCV, Powergrid Commissioned Projects, NTPC, REC, PGCIL
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