While there is some relief in the #power situation right now, it may be short-lived. If #coal stock availability is not ramped up before #monsoon, we may be staring at #poweroutage again.
Rachita Prasad tells us more in our special series #PowerShock ⚡️
https://www.moneycontrol.com/news/business/powershock-power-capacity-has-grown-yet-deficit-persists-heres-indias-power-story-in-charts-8571341.html?utm_source=telegram&utm_medium=social
Rachita Prasad tells us more in our special series #PowerShock ⚡️
https://www.moneycontrol.com/news/business/powershock-power-capacity-has-grown-yet-deficit-persists-heres-indias-power-story-in-charts-8571341.html?utm_source=telegram&utm_medium=social
Moneycontrol
PowerShock | Power capacity has grown, yet deficit persists. Here’s India’s power story in charts
There are fundamental issues in the power sector that need resolution. Moneycontrol is doing a special series on it — the PowerShock. This special infographic story will tell you about the hits and misses in the power sector that have led to this situation
There are fundamental issues in the #power sector that need resolution.
In our special series #PowerShock, this infographic story will tell you about the hits & misses in the sector that have led to this situation 🔻
https://www.moneycontrol.com/news/business/powershock-power-capacity-has-grown-yet-deficit-persists-heres-indias-power-story-in-charts-8571341.html?utm_source=telegram&utm_medium=social
In our special series #PowerShock, this infographic story will tell you about the hits & misses in the sector that have led to this situation 🔻
https://www.moneycontrol.com/news/business/powershock-power-capacity-has-grown-yet-deficit-persists-heres-indias-power-story-in-charts-8571341.html?utm_source=telegram&utm_medium=social
#ICYMI | The Ministry of Power notified that it is working on a scheme to liquidate the past dues discoms.
Rachita Prasad spoke to industry officials to see what they think about this, read more only on #PowerShock ⤵️
https://moneycontrol.com/news/business/economy/power-ministry-announces-new-scheme-for-discoms-to-pay-off-dues-industry-has-questions-over-financing-8576911.html?utm_source=telegram&utm_medium=social
Rachita Prasad spoke to industry officials to see what they think about this, read more only on #PowerShock ⤵️
https://moneycontrol.com/news/business/economy/power-ministry-announces-new-scheme-for-discoms-to-pay-off-dues-industry-has-questions-over-financing-8576911.html?utm_source=telegram&utm_medium=social
Moneycontrol
Power Ministry announces new scheme for discoms to pay off dues, industry has questions over financing
The ministry is hopeful that the new scheme would provide the much-needed liquidity to the power generating companies, and the measures being planned will ensure that discoms pay their dues regularly.
Once bitten, twice shy. Yet, Indian banks are again gearing up to support the troubled power sector again.
Piyush Shukla writes for the #PowerShock series. ⚡️
Coming up today. #StayTuned! 🔥
#Power #PowerCrisis #Electricity #CoalCrisis #Banks
Piyush Shukla writes for the #PowerShock series. ⚡️
Coming up today. #StayTuned! 🔥
#Power #PowerCrisis #Electricity #CoalCrisis #Banks
To rescue the troubled #power sector, #banks are mulling providing priority funding to power plants that are functional but some loans of the generating company have turned non-performing. 🏦
Piyush Shukla tells us more in our special series #PowerShock ⚡️
https://www.moneycontrol.com/news/business/banks/banks-come-to-the-rescue-of-the-power-sector-again-8610981.html?utm_source=telegram&utm_medium=social
Piyush Shukla tells us more in our special series #PowerShock ⚡️
https://www.moneycontrol.com/news/business/banks/banks-come-to-the-rescue-of-the-power-sector-again-8610981.html?utm_source=telegram&utm_medium=social
Moneycontrol
PowerShock | Banks come to the rescue of the power sector, again!
Banks are even thinking about providing priority funding to power plants that are functional but some loans of the generating company have turned non-performing
#PowerShock | According to #RBI data, banks’ loans to the #power sector stood at nearly Rs 6.1 lakh cr as of March 25, up 7.2% YoY. This represents 5.1% of outstanding bank credit.
A look at Indian banks' exposure to the power sector👇
https://moneycontrol.com/news/business/banks/banks-come-to-the-rescue-of-the-power-sector-again-8610981.html?utm_source=telegram&utm_medium=social
A look at Indian banks' exposure to the power sector👇
https://moneycontrol.com/news/business/banks/banks-come-to-the-rescue-of-the-power-sector-again-8610981.html?utm_source=telegram&utm_medium=social
There are no free lunches - how the politics of free power is killing discoms.
Rasika Athawale writes for the #PowerShock series. ⚡️
Coming up today! #StayTuned! 🔥
Rasika Athawale writes for the #PowerShock series. ⚡️
Coming up today! #StayTuned! 🔥
Free power promises were made during Assembly Elections 2022. 💡
Alas, nothing in this world comes for free. ☹️
In this article of the #PowerShock series, the implications of free power supply to the Indian economy & taxpayers.
https://bit.ly/3xqXxWt
Alas, nothing in this world comes for free. ☹️
In this article of the #PowerShock series, the implications of free power supply to the Indian economy & taxpayers.
https://bit.ly/3xqXxWt
Moneycontrol
PowerShock: There are no free lunches—how the politics of free power is killing discoms
Making sure that the consumer understands the costs incurred in getting power supply and how much of it is contributed by taxpayers is a starting point for promoting efficiency—in consumption as well as operations.
Discom Bailout - Here we go again!
The govt has notified yet another scheme to provide relief to the power sector. 🧐
In the #PowerShock series, Rasika Athawale visits the history of these bailout efforts by the govt- the hits and misses.
Coming up today! ⚡️
The govt has notified yet another scheme to provide relief to the power sector. 🧐
In the #PowerShock series, Rasika Athawale visits the history of these bailout efforts by the govt- the hits and misses.
Coming up today! ⚡️
On May 25, Power Ministry notified that it is working on a scheme to liquidate the past dues of discoms to provide relief to the payment-crisis-hit sector.
But power sector players are skeptical. Why? 🤔
Find out from Rasika Athawale in #PowerShock series ⤵️
https://bit.ly/3tZmgim
But power sector players are skeptical. Why? 🤔
Find out from Rasika Athawale in #PowerShock series ⤵️
https://bit.ly/3tZmgim
Moneycontrol
Pakistan slaps 10% super tax on large scale industries, stocks nosedive
These sectors include cement, steel, sugar, oil and gas, fertilisers, LNG terminals, textile, banking, automobile, and cigarettes.