
Reforms Drive UP Power Corp’s Biz Agenda
Smart metering, steps to plug pilferage and attempts to recover dues drive revenues at UPPCL.
Smart metering, steps to plug pilferage and attempts to recover dues drive revenues at UPPCL.
REC and PNB will co-finance loans worth ₹55,000 crore over the next three years to the power sector and infrastructure & logistics sector projects.
The Centre launched the revamped distribution sector scheme (RDSS) – a reform-based and results-linked scheme in July 2021.
Brokerage firm Nuvama has recommended a ‘reduce’ rating for IEX and revised the target price of ₹127. Nuvama has called a "big negative for IEX."
Power deficit has fallen drastically, particularly since FY17.
Power sector heavyweights such as NTPC, Power Grid, Coal India, Tata Power, and NHPC are expected to report double digit growth in profits in Q2 FY23.
Power minister RK Singh says that two unsuccessful attempts were made by Chinese hackers to target electricity distribution grid centres near Ladakh.
The monetisation agenda has been led by the roads sector, followed by power and mining.
A massive push for public mobility infrastructure, power distribution infrastructure and renewable capacity addition is required in the Budget.
Industries' move to digitalise critical power equipment augurs well for the power value chain — from generation, transmission, distribution, to consumption.