Corporate ministry documents show that the Siva's firm kept taking loans from public sector banks like State Bank of India, Punjab National Bank which gradually turned to bad loans.
Centre meets target of 18,000 villages but household metering remains a challenge
'When Pinnacle Trust bought the stake of Supreme Energy, it included a liability of Rs 640 million. The purchase was at a fair market value (prevailing price) of Rs 8.80 per share,' Deepak Kochhar said in a telephonic conversation with Business Standard.
Under political fire and ecologists' ire, the group hires Suhel Seth, who will work closely with the promoters and the social media, corporate communications and external public relations team.
I&B Ministry, Prasar Bharati are in tussle over ministry's directives, reports Shreya Jai and Arindam Majumder.
'We are doing away with human interface in metering, billing, and collection.' 'That in itself will bring down losses by 50 to 60 per cent.'
Discoms will not only be penalised for undue outages, they will not be able to bill you for losses.
Currently, 23 power units with a cumulative capacity of 30,000 MW have super critical coal stock situation A lack of synchronised approach between the concerned ministries and power plants, has led to this crisis, says Shreya Jai.
Import curbs on Chinese panels and modules may help, but low demand and capacity remain problem areas, says Shreya Jai.
N Sundaresha Subramanian, Karan Choudhury and Shreya Jai report on the sorry condition of homebuyers who invested in Jaypee Infratech and the Amrapali group's Noida-based projects.
Corporates understand that the PMO drives all key decisions in this government.
Cheap equipment imports, especially from China, is a major reason for falling tariffs in solar tenders
His father is a former finance minister. His brother is a minister in the Modi government. But Sumant Sinha wants nothing to do with politics and tells Shreya Jai why he is bullish on the renewable energy sector.
Banks need assistance to complete projects that they have taken over
NDA's energy plan powered UP win, but it's not a winner yet. Centre has claimed to have saved money by targeted coverage but critics say the system is not yet foolproof.
Power Minister Piyush Goyal on the government's manufacturing push and other key issues.
It could end the payment backlog and improve the revenue flow of discoms, says Piyush Goyal
Solar equipment manufacturing, however, is unlikely to pick up in India as Chinese imports are more cost-effective
Centre, with states, to change methodology of calculating domestic power rates, set standards for consumer tariffs
In the 2012 election, the BJP's performance was the poorest in Purvanchal, winning only 12 of the region's 112 seats. Will 2017 be different? Will the party ride on Varanasi MP Narendra Modi's charisma?
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