All the staff of the Electricity Department of the Puducherry government would launch an indefinite strike in the Union Territory from February 1 to protest against the move to privatise the power sector. A spokesperson of the Engineers and Employees Association of the Electricity Department on Thursday said in a press release: ''With the territorial government adhering to its st...

Employees of the Puducherry Electricity Department (PED) which distributes and transmits power in the Union territory will go on an indefinite strike from February 1 in protest against the move by the government to privatise power distribution and transmission. The electricity engineers and employees privatisation protest committee in a statement said that this decision was taken after talks wi...

The high court on Thursday sought response from the UT administration on a fresh plea moved by UT Powermen Union seeking stay on further steps on handing over of power services in Chandigarh to a private company.It was on January 7 that the Centre had given its nod to the UT’s proposal. As per UT, it has selected Kolkata-based industrial and services conglomerate RP-Sanjiv Goenka (RPSG) Group as highest bidder....

  Almost 20 states expressed interest in benefitting from power sector reforms in 2020 on account of incentives by way of increased market borrowing space, Ministry of Power (MoP) recently said in an official statement. The Ministry of Finance launched a programme in June 2021 to allow additional borrowing space to state governments on the condition that they undertake a...

  Former directors and retired senior scientists of Council of Scientific and Industrial Research have issued a statement expressing shock at the Union finance ministry’s announcement on the sale of Central Electronics to Nandal Finance and Leasing Private Limited.  The signatories have noted that the Union government’s press release informs them that the Cabinet ...

India may offer viability-gap funding or grants to companies for building energy storage projects and offshore wind power plants in the budget, two government officials aware of the plans said. The government is also considering installing new power transmission lines to tap the large hydropower potential in India’s strategic northeast region and incentives for setting up battery swapping infrastructure for ...

  A delegation of the National Coordination Committee of Electricity Employees and Engineers (NCCOEEE) will meet UT Administrator Banwarilal Purohit on February 1 and hand over a memorandum to him against the privatisation of the UT Power Department. VK Gupta, spokesperson, All India Power Engineers Federation (AIPEF), said an online meeting of the NCCOEEE was held today under the lead...

A delegation of National Coordination Committee of Electricity Employees and Engineers (NCCOEEE)  will meet   Punjab Governor on February 1 and handover  a memorandum to him against privatisation of Chandigarh (UT )Power Department.   A spokesperson  All India Power Engineers Federation(AIPEF)  V K Gupta said that NCCOEEE online meeting held on Monday  was pres...

RAISING serious questions on the valuation of Life Insurance Corp of India (LIC) for its initial public offering (IPO), EAS Sarma, former secretary to the Indian government, has asked the ministry of finance (MoF) to put on hold the entire process of disinvestment of LIC and other central public sector enterprises (CPSEs). Sarma, in a letter to finance minister Nirmala Sitharaman, says, “I do not think that ...

Around 15 lakh power sector employees will go on nationwide strike for two days from February 23 to protest against privatisation, the All India Power Engineers Federation (AIPEF) said on Monday. "National Coordination Committee of Electricity Employees & Engineers (NCCOEEE) has decided to resort to two days nationwide strike along with call given by All India Trade Unions on 23rd and 24th February,"...