CERC on Monday fixed 14 per cent return on equity on all power projects and said that all future projects in generation, transmission and distribution would be structured through a tariff-based competitive bidding process.
VSNL Lanka Ltd, a wholly owned subsidiary of Videsh Sanchar Nigam Ltd on Tuesday said that it has been granted external gateway operator license by the Telecom Regulatory Commission of Sri Lanka.
The Maharashtra government has decided to allow MSEB to draw power from phase I of Dabhol Power Company at an optimum level of 83 per cent and tariff of about Rs 2.80 per KWH.
They have agreed to include two major aspects of licence renewal and risk-informed regulation in the ambit of the ties.
Tensions remain high across Sri Lanka after the violence broke out following the death of a man from the mainly Buddhist Sinhalese majority last week.
Newcastle United forward Papiss Cisse has been banned for seven matches and Manchester United defender Jonny Evans for six after they spat at each other during a Premier League match, the Football Association (FA) said on Saturday.
China's e-commerce giant Alibaba, which completed the world's largest initial public offering ever this month, has won approval from authorities in Beijing to establish a private bank as it diversify into financial services.
Queens Park Rangers defender Rio Ferdinand has been suspended for three matches and fined 25,000 pounds ($40,030) after he was found guilty of misconduct by the Football Association (FA) for an 'abusive' comment he made on Twitter.
Committee set up by state govt considering reduction in rates
Pointing at regulation of environment sector as a case in point, Goyal said the sector suffered due to "over regulation as regulators are not able to justify many decisions"
"Getting straight to business. PM @narendramodi just concluded a fruitful interaction with top energy sector CEOs at a Roundtable meeting in #Houston. Discussion focussed on working together for energy security and expanding mutual investment opportunities between India & US," MEA Spokesperson Raveesh Kumar said in a tweet.
Tata Power sets up camps to explain the benefits of switchover for low-end consumers from their current supplier.
Reliance Infra-backed BSES discoms on Tuesday criticised the Delhi government for recommending to power regulator Delhi Electricity Regulatory Commission to revoke their licenses, saying the proposal was "arbitrary" and "illegal" and will be a huge setback to power sector reforms.
To curb rising food prices, the Union government is contemplating using large-scale nuclear irradiation technologyfor increasing the shelf life of fruit and vegetables, particularly that of onions and potatoes.
The company wants to amend it's application against the part to make the case stronger.
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.
Attacking Arvind Kejriwal over his announcement of 50 per cent reduction in power tariff up to 400 units, the Bharatiya Janata Party leader Harsh Vardhan today said Kejriwal was indulging in "populism" and the decisions would be implemented at the cost of Aam Admi's welfare projects.
Merging tribunals may lead to administrative convenience, but pendency of cases is likely to increase
India improved its rank on six out of the 10 parameters relating to starting and doing business in a country.
The company will now focus on value creation for shareholders in the defence and construction businesses.
Arson attacks continued on Wednesday and Muslim-owned businesses were targeted by the mobs.
'Experience of administration may make a member of civil service a good administrator but not necessarily an able and impartial adjudicator,' observes the Supreme Court.
Auto and index heavyweights Reliance Industries and ITC were the top losers in early trades.
News of all that's transpired on and off the football field
The new regulations leave registration capital requirements for wholly foreign-owned banks unchanged
News of all that's transpired on and off the football field