State Electricity Boards

State Electricity Boards News

States in charge

The changing electorate and competitive federalism will be checks on their profligacy.

Banks staring at huge stressed loans of private power companeis

Loans estimated at Rs 95,000 crore to power producers may come for bailout in next 3 years

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Discom bailout package? Not really say Punjab,Haryana govts

Two days after the Union cabinet committee on economic affairs approved the discom restructuring package for state electricity boards (SEBs),Punjab and Haryana governments have discovered that they do not stand to benefit much from the package — thanks to the enormous riders that come with it.

Power stocks surge on loan rejig nod

The Centre last evening,approved recasting of Rs 1.9 lakh crore debt of SEBs.

Banks,power finance cos up on SEB restructuring report

Shares in state-owned banks gained on hopes that government would take a decision on restructuring debts of State Electricity Boards.

Power tariff hikes need to be 5-10% for healthy discoms:Report

Spanish brokerage firm Espirito Santo Securities in a research report today said despite tariff increases,SEBs would still continue to make losses though with substantially reduced numbers.

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Coal supply low,power projects of over 32,000 MW shelved,delayed

This is about 50 per cent of the government’s estimated capacity addition for the twelfth five year plan

Power traders at from discoms: Fitch

Poor financial health of state electricity boards could pose significant business risks for power traders.

Overhaul power sector: Economic Survey

The Economic Survey asked states to reduce subsidies and cross-subsidies on electricity and hike tariffs.

Committee to assess health of power sector gets PM nod

Concerned that losses are mounting in the power distribution sector to the tune of nearly Rs 40,000 crore along with Aggregate Technical and Commercial losses sustained by many states....

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