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Power firms News

12 Apr 2015

State power firms to import 52 MT coal in FY16

State-owned power generation companies will import about 52 million tonnes of coal, accounting for 70 percent of total dry fuel imports by power firms in the current fiscal, to meet their requirements.

26 Mar 2015

Private power firms to get up to Rs 7,500 cr subsidy in 2 years

A subsidy of up to Rs 7,500 crore will be provided to private power companies in the next two years as part of the scheme approved by the Cabinet to revive 31 electricity generating units stranded for want of gas.

15 Feb 2015

293 firms commit to generate 266 GW renewable energy in 5 years

These companies have shown interest to set up renewable power plants in the country and some have assured to manufacture equipment as well.

31 Aug 2014

Accounting norms applicability may hit power firms' profits

At present, many power companies capitalise direct and indirect costs attributable to the fixed assets and borrowing costs, even in case of extended delay in capitalisation of projects, for reasons beyond the control of these companies.

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