Andhra Pradesh govt order puts Rs 21,000 crore renewables sector debt at risk: CRISIL

The Andhra Pradesh (AP) government’s move to review and bring down the purchase cost of wind and solar energy could aggravate the problem of delayed payments from distribution companies and stress almost 5.2 GW of renewables projects with estimated debt exposure of over Rs 21,000 crore, credit rating agency CRISIL Research said. Nearly half of […]

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Inter-state Agri trading via eNAM in 8 Indian states so far: Government of India

Eight states including Uttar Pradesh are offering inter-state trading via 21 electronic national agricultural market (eNAM) so far in the country, the Agriculture Department said. Under the eNAM, launched in 2016, agri-trading was initially allowed within a mandi and later inter-mandi within a state was permitted. So far, 10 states are offering inter-mandi trade within […]

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Indian cabinet approves proposal for higher allocation of power to host states after NTPC power projects are complete

The Union Cabinet chaired by Prime Minister  Narendra Modi has approved the proposal of Ministry of Power to allocate 85 per cent power to the Government of Telangana generated from Telangana Super Thermal Power Project (4000MW) of NTPC Ltd. The cabinet also approved the allocation of 85 per cent power from expansion project of Patratu […]

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