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News Brief
  Mar 01, 2013

Jharkhand govt to pay Rs 5,500 cr dues to DVC

The Jharkhand government may be asked to sacrifice Rs 2,334 crore plan fund allocation for 2013-14 to settle part of the dues to Damodar Valley Corporation (DVC). For years, Jharkhand has avoided paying electricity dues to DVC running up a massive bill of Rs 5,500 crore, according to media reports. There is also a move to force the state to henceforth enjoy supplies only against full payment. At an average of Rs 79 crore worth of dues (from Jharkhand) piling up every month, approximately Rs 1,00

News Brief
  Mar 01, 2013

Jharkhand govt to pay Rs 5,500 cr dues to DVC

The Jharkhand government may be asked to sacrifice Rs 2,334 crore plan fund allocation for 2013-14 to settle part of the dues to Damodar Valley Corporation (DVC). For years, Jharkhand has avoided paying electricity dues to DVC running up a massive bill of Rs 5,500 crore, according to media reports. There is also a move to force the state to henceforth enjoy supplies only against full payment. At an average of Rs 79 crore worth of dues (from Jharkhand) piling up every month, approximately Rs 1,00

Web Exclusive
  Feb 28, 2013

Budget 2013-14 Reactions: Hemant Kanoria, Chairman DPSC Ltd

Finance Minister's announcement in the Union Budget for 2013-14 to extend tax holiday upto March 2014 is a welcome move for the power sector, which has been facing many bottlenecks in recent past. However, the announcement to impose 2 percent customs duty on coal import is disappointing as many power projects in the country are suffering from fuel linkage issues

Web Exclusive
  Feb 28, 2013

Budget 2013-14 Reactions: Hemant Kanoria, Chairman DPSC Ltd

Finance Minister's announcement in the Union Budget for 2013-14 to extend tax holiday upto March 2014 is a welcome move for the power sector, which has been facing many bottlenecks in recent past. However, the announcement to impose 2 percent customs duty on coal import is disappointing as many power projects in the country are suffering from fuel linkage issues

Web Exclusive
  Feb 04, 2013

Jharkhand govt to pay Rs 5,500 cr dues to DVC

The Jharkhand government may be asked to sacrifice Rs 2,334 crore Plan fund allocation for 2013-14 to settle part of the dues to Damodar Valley Corporation (DVC). For years, Jharkhand avoided paying electricity dues to DVC running up a massive bill of Rs 5,500 crore, sources said. There is also a move to force the State to henceforth enjoy supplies only against full payment.

Web Exclusive
  Feb 04, 2013

Jharkhand govt to pay Rs 5,500 cr dues to DVC

The Jharkhand government may be asked to sacrifice Rs 2,334 crore Plan fund allocation for 2013-14 to settle part of the dues to Damodar Valley Corporation (DVC). For years, Jharkhand avoided paying electricity dues to DVC running up a massive bill of Rs 5,500 crore, sources said. There is also a move to force the State to henceforth enjoy supplies only against full payment.

Web Exclusive
  Jan 30, 2013

Govt to provide VGF for solar projects

In order to support the renewable energy sector, government plans to provide viability gap funding (VGF) for solar power projects in the second phase of the national solar mission. Reports suggest that the union renewable energy ministry decided to provide VGF for 2,500 mw of solar proje

Web Exclusive
  Jan 30, 2013

Govt to provide VGF for solar projects

In order to support the renewable energy sector, government plans to provide viability gap funding (VGF) for solar power projects in the second phase of the national solar mission. Reports suggest that the union renewable energy ministry decided to provide VGF for 2,500 mw of solar proje

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