In an attempt to resolve the vexed issue of stressed power projects, the National Democratic Alliance (NDA) government has set up an empowered committee headed by cabinet secretary P.K. Sinha, who was earlier India’s power secretary. This comes in the backdrop of non-performing assets (NPAs) in powe...

Reliance Infrastructure said today that it will close by next week the sale of its integrated Mumbai distribution business to Adani Transmission for about Rs 19,000 crore.

The two had signed the pact for 100 per cent stake sale of R-Infra's integrated business of generation, transmission and distribu...

When an RTI applicant inquired about the details of the per month electricity consumption of the Prime Minister’s residence, he got a shocking reply. The response stated that neither there is a consumption record nor a separate electric meter has been installed for the Prime Minister’s residence.

A r...

Himachal Pradesh State Electricity Board Limited (HPSEBL) will purchase power produced by small power projects of up to 25 MW capacity in order to help the producers and attract more investment in energy sector, Chief Minister Jai Ram Thakur said.

The chief minister was speaking while presiding over ...

The outgoing chief economic advisor has praised the government for staying on the fiscal prudence path resisting the public pressure by not cutting excise duty on petroleum products when crude prices hit a record high in April and May.

“The government needs to be applauded for not succumbing to popul...