PSU Bank Stocks Rally Up to 3% on Merger Buzz
Bank of Baroda, Bank of India lead PSU bank rally amid government's consolidation push. Investors cheer potential merger of smaller state-owned lenders as stocks hit new highs.
Category : Search result: power sector privatisation
Powercom Contract Workers Strike in Jalandhar
Contract workers at Punjab State Power Corporation Limited stage massive protest in Jalandhar, demanding job security and opposing privatisation moves that threaten their livelihoods.
6 States Face Power Discom Privatization Threat
Union Power Ministry warns six Indian states to implement electricity distribution reforms or face privatization. Rajasthan, Jharkhand, Tamil Nadu, Andhra Pradesh, Karnataka, and Jammu & Kashmir given strict deadlines for loss reduction.
PSPCL suspends chief engineer amid political interference
Punjab State Power Corporation cracks down on misconduct as Chief Engineer faces suspension over political interference allegations while fuel costs surge dramatically.
Doval Warns: Money Power Dividing India
National Security Advisor Ajit Doval delivers stark warning about money power, political manipulation creating dangerous rifts in Indian society. Exclusive analysis of his critical address.
Copper wire theft ring busted in Ramgarh, 6 arrested
Ramgarh police crack down on organized copper theft gang that caused widespread power disruptions by stealing from live electrical lines. Six suspects apprehended in major operation.
India's October Power Consumption Dips 6% Amid Unseasonal Rains
India's electricity consumption fell to 132 billion units in October as unexpected rainfall and cooler temperatures reduced cooling needs across major states, signaling shifting energy patterns.
Punjab Engineers Demand Technocrat Leadership for Power Corps
The PSEB Engineers Association urges Punjab government to appoint full-time technical experts to lead PSPCL and PSTCL, warning of operational crisis with current ad-hoc arrangements.
Ukraine: Russia targets power stations, nuclear plants
Ukraine accuses Russia of launching coordinated attacks on power substations and nuclear facilities, raising global security concerns. Latest developments on the energy front crisis.
Bihar's Power Revolution: Lanterns to 24x7 Electricity
Bihar CM Nitish Kumar charts the state's remarkable journey from darkness to 24/7 electricity, highlighting unprecedented power sector transformation and infrastructure development.
IKEA's Parent Company Invests in Indian Solar Power
Ingka Group, IKEA's parent company, announces its first-ever renewable energy investment in India, acquiring a 49% stake in a major solar PV project from Azure Power, marking a significant milestone in India's green energy transition.
India's Electricity Reform Bill Targets Power Sector Challenges
The Indian government unveils comprehensive electricity reforms to tackle sector challenges, promote competition, and ensure reliable power supply for all consumers.
Punjab Power Clash: Minister-Secretary Row Leads to Transfer
Exclusive: A major confrontation between Punjab's Power Minister and his department secretary results in immediate transfer orders, revealing deep administrative tensions in the state government.
Chandigarh Power Tariff Hike from November 1
Chandigarh residents face higher electricity costs as UT administration approves power tariff revision. Learn how the new rates will impact your monthly bills and what changes are coming.
India's ₹3 Lakh Crore Discom Debt Crisis
India's struggling power distribution companies (discoms) are drowning in debt. A new financial relief package aims to break the cycle, but will privatization and reforms bring lasting change?
Basant Garg New CMD of Punjab Power Utilities
Punjab government appoints Basant Garg as Chairman-cum-Managing Director of power utilities PSPCL and PSTCL, bringing fresh leadership to state's electricity infrastructure.
MEIL Energy buys 250 MW plant in Tamil Nadu
Hyderabad-based MEIL Energy strengthens its power generation footprint with strategic acquisition of 250 MW Neyveli power plant, marking significant expansion in renewable energy sector.
Electricity Bill 2025: Power Tariff Revolution for India
The new Electricity Bill 2025 aims to transform India's power sector with federal balance, cost rationalization, and relief for households and farmers. Discover how DISCOMs and consumers will be affected.
Adani Power Q2 Profit Dips 12% on Higher Costs
Adani Power reports 12% decline in Q2 net profit to ₹2,906 crore as rising operational costs offset marginal revenue growth. Total income edges up to ₹14,308 crore amid challenging market conditions.
Coal India's Growth Slows Amid Weak Power Demand
India's coal mining giant faces headwinds as sluggish power demand and softer realizations impact production and sales volumes. Discover how auctions and inventory dynamics are shaping the sector.
Power Discoms Get ₹2.44L Cr Debt Restructuring Package
India's struggling power distribution companies get massive debt relief package with strict reform conditions. Delhi's privatization model expands as states face disinvestment deadlines.
NTPC Green Energy Q2 Profit Soars 135% to ₹86.38 Crore
NTPC Green Energy reports stellar Q2 performance with 135% jump in net profit and 25% revenue growth, signaling strong momentum in renewable energy sector.
India-Nepal Power Deal: Boosting Cross-Border Energy Trade
India and Nepal sign groundbreaking power transmission agreements, strengthening energy cooperation and creating new electricity trade opportunities between the neighboring nations.
India Rising, China Shrinking: Ex-Singapore PM's Prediction
Former Singapore Prime Minister Lee Hsien Loong forecasts a dramatic power realignment in Asia, predicting India's ascent as China's influence declines. Get exclusive insights into this geopolitical transformation.
Karnataka Plans Two Major Pumped Storage Power Projects
Karnataka Power Corporation Limited unveils ambitious plans for two new pumped storage power projects in Chitradurga and Kodagu districts, marking a significant leap toward sustainable energy and grid stability.
Contractual Power Employees Hold Mass Protest in Ludhiana
Contractual electricity employees in Ludhiana staged a massive protest march, demanding permanent jobs and better working conditions. The demonstration saw hundreds of workers raising slogans against PSPCL management.
DGCA may restrict power bank use on flights
Indian aviation authority DGCA may impose new restrictions on power bank usage during flights following safety concerns. Learn how this could affect your travel essentials.
Service Sector Creates 3X More Jobs Than Manufacturing: NITI Aayog
New NITI Aayog data shows India's service sector generated 3.7X more employment than manufacturing between 2017-2023, signaling a major shift in the country's job landscape.
Adani Green Energy Sales Jump 39% in H1 FY26
Adani Green Energy reports stellar 39% YoY sales growth in H1 FY26 with strong financial metrics, capacity expansion, and improved EBITDA margins, cementing India's renewable energy leadership.
India's industrial growth hits 3-month low at 5.8%
India's industrial output growth slowed to 5.8% in September, marking the weakest performance in three months. Manufacturing and mining sectors show concerning deceleration despite overall economic resilience.
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