Tag Archives: finance

Tariff hike alone cannot bail out distribution companies: Care Rating

Structural improvements and financial discipline are far more crucial for improving the health of distribution companies than depending on tariff hikes, rating agency Care Rating has said. According to a report by Care, which analysed 30 discoms in 11 states, … Continue reading

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China regains top spot spending $68 Billion, as clean energy spending slumps 11 per cent: Solar spending at $142.5 Billion

Global investments in clean energy fell 11 percent last year due to policy changes in major markets, but China posted a record-breaking investment year, an industry report showed on Monday. Money spent on clean energy projects fell to $268.7 billion as countries … Continue reading

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More reforms needed to tackle Tamil Nadu power crisis

Since J Jayalalithaa came to power in Tamil Nadu a year-and-a-half ago, she has sought to manage the grave power crisis in the state by increasing tariffs, launching new projects, unveiling an ambitious solar policy and approving the bailout of the state … Continue reading

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JNN Solar Mission II: Solar grid parity expected by 2017

By 2017, the cost of generating solar power in India could be as low as the cost of buying conventional electricity if the National Solar Mission sticks to its target. A draft policy document on the second phase of Jawaharlal Nehru National Solar Mission, prepared … Continue reading

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Govt clears bailout for state electricity distribution firms: Another hasty quickfix promoting inefficiency, not a long term solution

The Indian government on Monday approved an ambitious plan to bail out beleaguered state electricity distribution companies, or discoms, through a restructuring of their short-term loans. The electricity distribution firms owned by the state governments are finding it difficult to … Continue reading

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