Federal policy think-tank Niti Aayog has pitched for letting power utilities realize full market price from all consumers by doing away with cross-subsidy provided to poor consumers.

The recommendation is part of a new draft energy policy Niti Aayog unveiled late on Tuesday. The draft policy also pro...

Essar Power has joined Tata Power and Adani Power in the move to seek possible solutions for its imported coal-based thermal plant in Gujarat that has been making losses for the last five years.

Essar Power Gujarat (EPGL), an SPV set up by Essar Power to develop, build, own and operate 1200 MW import...

A consortium of lenders has given Punjab National Bank  the mandate to begin bankruptcy proceedings against Bhushan Power and Steel, one of the largest defaulters among the 12 companies identified by the Reserve Bank of India. The company, promoted by Sanjay Singhal, has outstanding loans of mo...

The Northern Power Distribution Company Limited (NPDCL) has made submission of Aadhaar card mandatory for all the consumers seeking electricity connections in the undivided Karimnagar district.

The NPDCL authorities informed the existing consumers also to submit their Aadhaar card number details alon...

Tata Power Co. Ltd has offered to sell 51% stake in its Coastal Gujarat Power Ltd (CGPL) unit, which runs the 4,000 mega watt (MW) Mundra power plant, for a token sum of Re1.

In a 7 June communication to state-run Gujarat Urja Vikas Nigam Ltd (GUVNL) , CGPL offered the stake to the discoms that have ...