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Five firms interested in Odisha power distribution business

wirecable
August 16, 2013 Five companies including Crompton Greaves Ltd. (CGL) and Tata Power Delhi Distribution Ltd. (TPDDL) have expressed interest to work as power distribution franchisee in Odisha during a workshop organised by GRIDCO Ltd. and Rural Electri-fication Corporation (REC). Others were Spanco, Calcutta Electric Supply Corporation (CESC) and SPML......

MSEDCL to lay 400 km underground cables

wirecable
June 29, 2013 The Maharashtra State Electricity Distribution Company Limited (MSEDCL) has proposed laying 400 km of underground cables at a cost of Rs 22 crore in the Nashik urban circle to get rid of the dense network of electricity cables stretched over poles across the city. The power company......

Privatise power distribution to reduce losses: Montek Singh Ahluwalia

wirecable
July 19, 2013 Pitching for privatisation in the power distribution sector, Planning Commission Deputy Chairman Montek Singh Ahluwalia suggested it can help in reducing huge losses and half of this business should be with private players. “Of the total power distribution sector in the country, only 4 per cent is......

India to lease bandwidth from Bangladesh

wirecable
August 13, 2013 For the first time India will turn to Bangladesh for meeting its global telecom connectivity requirements. It plans to lease nearly 100 gigabytes (GBs) of international bandwidth from two state-owned suppliers in the neighbouring country to route a chunk of India’s overseas call and data traffic through......

Subsidies for power distribution companies to rise to Rs 60,000 crore

wirecable
August 28, 2013 Subsidies for state-run power distribution companies are projected to rise to Rs 60,000 crore by the end of this fiscal even after benefits from financial restructuring, says a research report. Besides, the power sector remains increasingly vulnerable to both the rupee-dollar exchange rate and international coal prices......

Power Grid should not be Central Transmission Utility: FICCI

wirecable
August 15, 2013 Industry body FICCI has suggested that state-run Power Grid Corp should no longer be the ‘Central Transmission Utility’ as its present powers can lead to arm-twisting private players. Power Grid was conferred with the title of Central Transmission Utility in 1998 with the idea that it would......
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