The Union Budget is full of sops for solar - in terms of investment, village electrification and taxes. But, it calls for building renewable power compatible T&D infrastructure on a war footing.
Union Budget, Investment, Renewable Power, Union Budget 2017-18, MSME, SME, Demonetisation, EDC, Thomas Rookmaaker, Solar Focus, JNNSM, DIDF, Jaideep N. Malaviya, Thermal Power Generation, Andrew Hines
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
India Grid Trust files draft offer document with SEBI for IPI aggregating Rs 26,500 million
India Grid Trust, has filed a Draft Offer Document with SEBI for the proposed issue of its units for an amount up to Rs 26,500 million. IndiGrid is an infrastructure investment trust established to own inter-state power transmission assets in India.
India Grid Trust, SEBI, Sterlite Power Grid Ventures Limited, Sterlite Infraventures Limited, CRISIL, Grid, Infrastructure, Investment, Sterlite Power, Morgan Stanley, Power, Transmission
Light at the end of tunnel
The Power Sector has the lion´s share of 20 per cent in the industrial debt of Rs.26 trillion (lakh crore) in the country as of August 2016, followed by metals and metal products (16 per cent), roads (7 per cent) and textiles (7 per cent), and these four sectors account for about 50 per cent of the gross credit deployed in industries
Power Sector, IFC, CAGR, ICRA, CRISIL, Discoms, FRP, UDAY, Aggregate Technical, Commercial, Rachna Jain, Corporate Ratings, Fitch Ratings, Anjan Ghosh, ICRA
Regulations, Reforms, Rains and Rebound
Since the times we moved from being hunter-gatherers to being farmers, rains have continued to interest us. And, over all these centuries that our economies were driven by agriculture, to start with, and later by industries and services, we have consistently depended on rains to drive our agrarian sector, which in turn supports demand creation in industry and services.
Good monsoon A mixed blessing
After enduring two consecutive years of drought, the monsoon in India has been recorded as ´normal´ in 2016, at just 3 per cent below the long term average. The monsoon, which spans from June to September, is said to be normal when rainfall is between 96-104 per cent of the long term (50 year) average of about 88 centimetres
El Nino Year, Food Production, GDP, Hydel Reservoirs, Hydro Power, Dharmakirti Joshi, CRISIL Ltd, Aditya Ravidran, Feedback Business Consulting Services Pvt Ltd, Hydel-Power Producers, Mahagenco, MERC, MSEDCL, UDAY, Renew Installations
GST | Power sector is safe
After a decade of political stand-off, the government was able to garner a consensus in Rajya Sabha, to approve the Goods and Services Tax (GST) constitutional amendment bill in August 2016. Since the parliamentary assent for the bill, which has the potential to turn the whole country into a single ´common market´, things have picked up momentum to make GST a reality at the earliest, though many experts feel that the deadline of April 1, 207 is a challenge.
GST, Power Sector, Rajya Sabha, CBEC, IGST, CGST, SGST, Consolidated Fund Of India, Dr Arvind Subramanian Committee Report, RNR, Thomas Rookmaaker, Fitch (Hong Kong) Limited, Dharmakirti Joshi, CRISIL, Aditi Nayar