It is an unending saga of gross negligence despite the services sector being the main driver of India's growth story; contributes the most to GDP and is arguably the largest employer too

In November 2020, the total overdue amount, which was not cleared even after 45 days of grace period offered by generators, stood at Rs 1,29,868 crore as against Rs 93,215 crore in the year-ago period

India Stock Market Highlights Today: UltraTech Cement followed by Tata Steel, ONGC, IndusInd Bank, HDFC Bank, M&M, Infosys and Reliance Industries were among the top losers in the Sensex pack. On the other hand, Maruti, Nestle India, Titan and PowerGrid were among the gainers

Following the update, the NTPC stock opened at Rs 96 and later gained 3.08% today to hit an intraday high of Rs 92.1 against the last close of Rs 94.10. However, NTPC shares also hit an intraday low of Rs 94.50

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

In August 2020, the total overdue amount, which was not cleared even after 45 days of grace period offered by generators, stood at Rs 1,20,439 crore, as against Rs 78,646 crore in the year-ago period

The procurement utilises $5 million from the recent grant provided by the Asian Development Bank to EESL. It had received the financing towards the cost of scaling up and financing high priority areas like demand side energy efficiency sector projects

Power producers owed distribution firms a total of Rs 1.33 lakh crore in June 2020 as against the outstanding amount of Rs 90,655 crore in June 2019

Businesses are increasingly adopting safer and smarter ways of manufacturing and delivering services

Power producers give 60 days to discoms for paying bills for the supply of electricity

So far, orders for nearly 48 giga watts (GW) of thermal power generation projects have been placed with Chinese companies

At present, the central government has given leeway to discoms for paying dues to gencos in view of the lockdown to contain COVID-19 across the country

The demand uptick in February was broad-based and across states - coal-based power grew at 10 per cent, hydropower at 18 per cent, nuclear power at 8 per cent, renewable energy at 14.5 per cent in February, and solar power at 27 per cent

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

How companies are using augmented reality to build as well as sell things

Budget 2020: In today's speech, the FM broke her own record and delivered the longest Union Budget speech, which was 159 minutes long

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

Imagine farmers using the power of drone fitted cameras to monitor crops across large farms or medicines being supplied to remote locations like hilly terrains or flood-inundated areas

Ratings agency Icra revised its outlook for India's renewable energy sector this week from stable to negative. Icra expects no growth in capacity addition in FY20

Presently, the issues hampering growth of renewables in India are lack of interest of financial institution to fund renewable energy projects, safeguard duty on imported solar panels, and ambiguity over GST on solar equipment