The Stress Marks!
India's power sector is in a catch-22 situation. A sound analysis of the power sector affirms that the sector is in the ICU where 78,000 MW of projects are under stress; and approximately Rs 1,200 billion worth unviable projects and PPAs are signed for a mere 7,000 MW.
JSW and Tata Steel bid for Bhushan Power on the final day
JSW Steel and Tata Steel bid for Bhushan Power & Steel on the final day for submission of bids. JSW Steel has gained an edge with an offer of Rs 13,000 crore over Tata Steel that has made an offer of Rs 11,500 crore to bid for the debt-laden company.
The PT India Power League
We at Power Today are pleased to present the Power 20:20, the league of 20 companies and 20 people who have made a mark during 2016-17 going by various parameters, for the 9th year in a row.
Green Grid Gap
Green Energy Corridor planned to carry ´intermittent´ solar and wind power from producers to consumers efficiently, is yet to catch up with the pace of capacity creation.
Three PSU banks decline info on import of coal
Citing customer confidentiality, three state-owned banks, including State Bank of India (SBI), have declined to provide information with their overseas branches regarding transactions by leading power companies which are being probed for alleged overvaluation of coal imports, pegged at Rs 29,000 crore