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

In view of the reduction in demand, the revenue gap of GRIDCO has widened, as it has to pay the fixed charges to power generating plants as per power purchase agreement

The expected poor financial performance this year is on the back of a 5-6 per cent decline in demand for electricity due to the coronavirus-induced lockdown

Taking leaf out of industrial success of countries like China, South Korea and Vietnam, the DPIIT has mooted a slew of proposals to make Indian manufacturing globally competitive. The key areas chosen for giving thrust include defence, pharma, leather, automobiles and food-processing

The mega solar power project comprises three solar generating units of 250MW each located on a 500-hectare plot of land situated inside a solar park

During a virtual press conference with state counterparts, he also asserted that the equipment import from China and Pakistan would not be permitted especially on the basis of inspection

Taapsee Pannu shared her electricity bill on Twitter and wrote, '3 months of lockdown and I wonder what appliance(s) I have newly used or bought in the apartment only last month to have such an insane rise in my electricity bill'

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

The IEX data showed that both non-solar and solar RECs witnessed higher supply, with sell bids exceeding buy bids. There were buy bids for over 2.8 lakh RECs against sell bids for over 31 lakh RECs in May this year

Delhi's peak power demand has increased by around 50 per cent since easing of lockdown restrictions on May 18

DLF to waive up to 100% of base rent for tenants amid coronavirus crisisDLF, one of the largest mall operators in the country, has proposed a rental programme to support the rental partners amid the ongoing coronavirus crisis. The plan proposes a waiver of as high as 100 per cent on minimum guarantee (MG) lease rent for rental partners such as shops, multiplexes and restaurants. While the rent will be as per billed terms for March until lockdown, zero MG rent has been proposed fro...

Delhi reported its first COVID-19 case on March 1, when a businessman in east Delhi was diagnosed with the disease after returning from Italy

The main reason behind the popularity of e-wallets is cashback offers. In April and May, zero-cash bill payments were made due to lockdown restrictions

Delhi's peak power demand had been a bit muted for the last few days due to weather conditions including rain, but it is picking up now with rising temperature, he said

An investment of Rs 1 lakh in the large cap stock on June 10 in 2019 would have grown to Rs 7.66  lakh on June 10, 2020

The government last month announced a liquidity infusion of Rs 90,000 crore through REC and Power Finance Corp into crisis-hit discoms

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The CRISIL report stated that discoms would face a double whammy of high costs and constrained cash inflows, amid declining demand which means the cash losses this fiscal may almost double to Rs 58,000 crore over last fiscal

The real time market is an endeavour by the regulator, CERC, to make the power market dynamic by enabling trade in electricity through half-hourly auctions, Indian Energy Exchange (IEX) said in a regulatory filing

The main purpose of introducing a real time power market is to deal with renewables interference and better portfolio management by power generation companies (gencos), discoms and other consumers.