A smart grid is an electrical grid, which includes a variety of operational and energy measures, including smart meters, smart appliances, renewable energy resources and energy-efficiency resources.
An articulate ex-banker and a chartered accountant by training, Piyush Goyal is particular about numbers.
The power minister briefed the investors on various steps undertaken by the government.
And it has to be done in less than 200 days!
The power ministry is planning to start a second version of UDAY, aimed only at reducing the losses of discoms and improving the quality of power supply.
Centre, with states, to change methodology of calculating domestic power rates, set standards for consumer tariffs
The new governments will have to spend much more than Rs 220 billion in Rajasthan, more than Rs 160 billion in MP, and nearly Rs 30 billion in Chhattisgarh.
According to preliminary information memorandum, Air India's new owner will be asked to list the company in some time
Minister of state for power Piyush Goyal will gift wooden-framed 'appreciation letters' to one million govt employees.
The private discoms that join the scheme would only benefit in terms of operational efficiency and there will not be any financial bailout
The agenda for the year 2020 is well laid out -- launch of UDAY 2.0, installation of smart pre-paid metres, prompt payment by discoms, making coal available for short term and reviving gas based plants. But, it has to ensure effective implementation of various policy tweaks done so far.
While three of the top five FPIs - Capital, Government of Singapore, and Vanguard - have seen their investment value more than triple, India's benchmark indices have risen just 70%.
Textile and telecom shares have gained ahead of the Cabinet meet later today which is likely to announce new measures for both the sectors.
Historically, overall credit has grown at 1.6 times GDP growth
In an interview with Sanjay Jog, REC chairman and managing director P V Ramesh talks of the growth strategy and the company's plan to ride the transformation wave in the power sector.
India has achieved 100 per cent electrical connectivity, but 100 per cent electrification remains a long-drawn task, says Shreya Jai.
While GST and insolvency laws are among the major achievements of the Modi government, the list of failures include demonetisation, toxic banks, manufacturing hiccups and most prominently bizarre job creation figures. Mihir S Sharma takes a look at the four years of Modi government.
Known for stable returns, near debt-free status and dividend track record, these 10 PSU stocks are worth buying now.
Power plant load factors are at historic lows of around 60 per cent.
Dhawal Dalal, executive vice-president & head, fixed income, DSP BlackRock Investment Managers, expects the central bank to hold rates for the rest of calendar year 2016.
Rajasthan CM Vasundhara Raje breaks her silence.
Be it roads, railways, ports, civil aviation, energy or electricity, the Narendra Modi govt has invigorated all these sectors since it took over, says Arvind Panagariya.
A digital economy can only work with uninterrupted electricity supply. So, states now face the unpleasant task of telling their citizens that electricity rates need to be hiked. Subhomoy Bhattacharjee reports.
Besides reviving investor sentiments, Vasundhara Raje's regime has brought reforms in the social sector.
The failure to reform has meant that there is no buzz about job opportunities, or about urban opportunities enticing young people off the farms. And it is this failure that has contributed to the widespread disappointment that threatens to make the next general elections closer than expected, says Mihir S Sharma.
'Favourable treatment to selected areas has been a pattern throughout the state.'
The prospects for strong, sustained economic reforms do not appear to be promising in India.
The BJP's manifesto for UP elections promised many things. But, given the state's precarious financial position, fulfilling these promises is likely to prove tricky, says Ishan Bakshi.
Ishan Bakshi studies the Budgets of six states, their expenditure priorities and outlays to understand the trend.
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