Budget expectations: energy and power sectors                      “As a player in the energy and power sector, we are really hopeful that the Union Budget 2022-23 will set a path to recovery beginning this year. The Energy sector is pinning a lot of hopes that the upcoming budget shall offer the much-needed push to the revival o...

For power utilities, the demand-side impact of pandemic-related restrictions was short-lived, but their financial health -- which was already under stress across a number of states -- has certainly worsened. Despite the liquidity infusion relief made available to distribution companies through Power Finance Corporation and REC, the aggregate power procurement payment dues to power generating companies conti...

The UT Powermen Union staged a protest against privatisation of the UT electricity department in Sector 43 on Thursday. The union will also go on strike on February 1, 7, 23 and 24. The union’s leaders appealed to all electricity department employees to make the strike on February 1 a success and said that after privatisation, the employees as well as the general public of Chandigarh will have to pay the exp...

 All India Power Engineers Federation (AIPEF) at the outset likes to submit that the Electricity Department, Govt. of Puducherry is functioning better as many pointers of  evaluating the performance of utility like the average cost of Supply, T&D loss, reliability of power supply etc are better in Puducherry than the national average. AIPEF also learns that the Electricity Department has been consi...

  By the end of April, the power department of the Chandigarh administration will be transferred to Kolkata-based Eminent Electricity Distribution, a private company, owing to the central government directions following cabinet approval. Multiple aspects like infrastructure, employees and their transfer, financial benefits and other matters will be part of the privatisation exe...

  The UT Powermen Union today held a protest at Sector 17 against the decision of the Central Government to hand over the UT Electricity Department to a private company. Employees submitted a memorandum to the UT Administrator against the move to privatise electricity distribution. The memorandum was received by the SDM (East) on behalf of the UT Administrator. Gopal Joshi, gener...

  A recent analysis of the trends in corporate profits in India by a business daily threw up a few revelations worth paying attention to. One, it showed that in FY05, six out of top 10 and 12 out of top 20 most profitable firms were PSUs; at the end of H1 of FY22, the number of such PSUs declined to three and seven, respectively. While this underlines the emergence of a healthy competi...

 You are requested to  ensure the following action programme as decided by NCCOEEE...   1. All Power Employees & Engineers will stage demonstrations across the country at all District Head Quarters/Projects on Feb 01 in support of UT Power Employees Strike at Chandigarh and Puducherry. 2. President/Secretary General of every constituent of NCCOEEE will reach Chandigarh on 0...

  UT Powermen Union today held a protest rally in sector 17 against the central government's decision to hand over the Chandigarh electricity department to a private company.privatization The employees submitted a memorandum to Chandigarh (UT) administrator against the move to privatize the electricity distribution . The memorandum was received by SDM (east) on behalf of UT administrator...

  The DMK will oppose the Centre’s decision to privatise power distribution in the Union Territory, Opposition leader R. Siva has said. “The concerns expressed by the employees on privatisation are genuine. It is not the question of us joining or supporting the indefinite strike called by the employees on February 1, rather it is the question of us opposing a wrong policy o...