According to a company statement, the decision was taken at a meeting chaired by CMD A K Singh with other directors through video conference

Discoms in Rajasthan, Uttar Pradesh, Jammu & Kashmir, Telangana, Andhra Pradesh, Karnataka and Tamil Nadu account for the major portion of dues to power gencos.

Budget 2020: Total outstanding dues owed by distribution companies spiked 45 per cent to Rs 81,085 crore in November 2019 over the same month previous year, reflecting stress in the sector

Stocks to watch today on February 1: Shares of Vedanta, HUL, Jubilant Life Sciences, Tech Mahindra,  Coromandel International, Birlasoft will be in focus as the companies posted thier Q3 earnings yesterday, post market session.

Distribution companies (discoms) owed a total of Rs 54,834 crore to power generation companies in November 2018, according to portal PRAAPTI

Administrative panel of Pirmal Enterprises' board will meet on December 28 to consider and approve the issue of bonds of secured non-convertible debentures oon private placement basis

CRISIL will resolve the rating watch once clarity emerges, post-merger completion, on the merged entity's business and financial profile,says CRISIL

NHPC's board will meet on December 28 to consider proposed to raise debt through the issuance of corporate bonds on private placement basis or via term loans, or external commercial borrowings (ECB) in suitable tranches

Share Market Update: Domestic indices BSE Sensex and NSE Nifty traded on a bearish note and closed lower on Monday.

Government is killing the duck that lays the golden egg by initiating the strategic sale of its PSU assets through its policies on privatisation, disinvestment, and strategic sale of Central Public Sectors: BMS

Power producers gave 60 days to discoms for paying bills for the supply of electricity. After that, outstanding dues become overdue and generators charge penal interest on that in most cases

India, the 7th largest hydropower making country in the world, had an installed hydro capacity of around 45,400 MW by end 2018

Moody's said if India's sovereign rating is downgraded to Baa3 from Baa2, the agency will downgrade the ratings of these companies accordingly

NHDC, a joint venture between NHPC and MP government, has been profitable since inception

Proceeds from the ETF will help the government meet its disinvestment target of Rs 1.05 lakh crore for the current financial year.

In August this year, total overdue amount, which was not cleared even after 60 days of grace period offered by power generators, stood at Rs 59,532 crore as against Rs 34,464 crore in the same month in 2018.

In July this year, total overdue amount, which was not cleared even after 60 days of grace period offered by generators, stood at Rs 54,342 crore as against Rs 30,331 crore in the same month in 2018

Discoms in Tamil Nadu, Karnataka, Uttar Pradesh, Rajasthan, Telangana, Andhra Pradesh, Madhya Pradesh and Jammu & Kashmir account for the major portion of dues to power generating companies

The project which is located on river Dibang, in lower Dibang Valley District of Arunachal Pradesh envisions construction of a 278-metre high concrete dam.