In a significant development, the Reserve Bank of India (RBI) has rejected the Ministry of Power’s (MoP) plea, seeking a reprieve for the power sector from the RBI guidelines issued in February this year. At […]
The power sector has been one of the major contributors to the country’s total stressed assets. Muted power demand from distribution companies and the resulting lack of new power purchase agreements (PPAs) have added […]
In a move to revive stranded generation capacity, the government is planning to modify the power purchase norms, whereby the fixed costs will be waived for discoms that enter into power purchase agreements (PPAs) with […]
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