BSES Yamuna Power Ltd said that there could be power cuts of up to 10 hours a day
Tata Power has been in the limelight of late, on hopes of passage of the much-awaited Electricity Bill in Parliament.
The Sensex closed with a gain of 78 points at 4,631. While 24 index scrips advanced, six declined on Monday.
Northern and western states had the highest power demand, with Uttar Pradesh sourcing 19,082 Mw, Delhi 6,029 Mw, Rajasthan 10,395 Mw, Gujarat 16,825 Mw, and Maharashtra 23,609 Mw.
The market seemed enamoured with power sector stocks on Thursday as the Union Cabinet approved a bill that will lead to far-reaching reforms in the crucial sector.
RInfra's plan to lease out headquarters property may face legal hurdle. Moreover, PE players with balance sheets that can take on Reliance Centre Office in Santacruz would be limited and include a handful of players such as Blackstone group, GIC, Brookfield Asset Management and Maplewood Investments.
Chief Minister Arvind Kejriwal on Tuesday gave deadline of one week to them to address the problem of outages saying government will not hesitate to cancel their licenses if they fail to comply with the directive.
Firebrand Aam Aadmi Party leader Shazia Ilmi has declared a liability of Rs 59,000 as power bill dues even as she holds assets of over Rs 4.42 crore.
Attacking Delhi Chief Minister Arvind Kejriwal on power issue, Bharatiya Janata Party leader Harsh Vardhan on Friday said that if he fails to provide uninterrupted electricity supply and slash rates as promised during elections, he has no right to stay in office.
Shakuntala Gamlin took charge of the post hours after CM Kejriwal sent her a letter asking her not to do so as her appointment was "against" the rules.
'While investors in Reliance have had to play a game of patience for long stretches, for Anil the challenge is to do what used to be his brother's forte -- generating cash by putting assets in the ground and making things,' says T N Ninan.
Praising Delhi Chief Minister Arvind Kejrival for some of the work he has done, Infosys Executive Chairman N R Narayana Murthy on Thursday said the Aam Aadmy Party leader needs to be reasonable with business.
Aam Aadmi Party's Member of Legislative Assembly Madan Lal on Monday claimed that a member of the Bharatiya Janata Party had offered him Rs 20 crore to topple the ruling government in Delhi led by Arvind Kejriwal.
Delhi, reeling under high temperatures and an acute electricity shortage, will get additional gas supplies from the National Thermal Power Corporation and Dabhol to increase power generation and help meet demand in the national capital.
The bench said the AAP contention that the LG is bound to act on the aid and advice of Council of Ministers was "without substance and cannot be accepted".
Lt Governor says discoms must cooperate or face cancellation of licences. Ficci cries interference.
Chief Minister Arvind Kejriwal asks Delhi Lt Governor Najeeb Jung to work "within the confines" of Constitution.
Refusing to back down, the AAP government said it will challenge the order in the Supreme Court, asserting it has been targeted for trying to contain corruption. It also questioned why the Constitution was amended to have a legislative assembly if the city was to be run by the LG.
Moneylife's victory against NSE shows good journalism does not need to fear deep pockets of big corporations
Market breadth continued to remain strong, with 1899 gainers and 674 losers on the BSEs.
It will be difficult for the AAP govt to maintain subsidies.
The underclass voted heavily in favour of AAP, which led to their victory
India can become a better place to do business only when exports begin to boom.
A week after taking office, Arvind Kejriwal and his ministers have ambitious promises to keep.
I-T lens on current account deposits over Rs 12.5 lakh. All the news and more post demonetisation.
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