ALL INDIA POWER ENGINEERS FEDERATION

No.06 / UP                                               06 - 04 - 2018   All Office Bearers - A I P E F Chairman / Secretary General - SIPEF / WIPEF / EIPEF / NIPEF President / General Secretary - All AIPEF Constituents   Sub : UP POWER EMPLOYEES AGITATION...

Victory For Power Employees in UP, Government Rolls Back Privatisation Move

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UP Power employees withdraw stir after govt. says no to privatization

LUCKNOW: The UP Power employees on Thursday night decided to withdraw their ongoing agitation following assurance from the state government that privatization of power distribution in seven cities of state will not be done. Shaliendra Dubey Convener of Joint Forum of employees and engineers said that we have decided to withdraw the 19 days old agitation on a written assurance from the UPPCL that Integ...

ALL INDIA POWER ENGINEERS FEDERATION

No.07 / NCCOEEE Resolution & Rally        07-04-2018   All Office Bearers - A I P E F Chairman / Secretary General - SIPEF / WIPEF / EIPEF / NIPEF President / General Secretary - All AIPEF Constituents  Sub: NCCOEEE Resolution and Massive Rally - March To Parliament    You all are aware that a massive rally and march to parliament was held at New...

When KCR poked fun at top power honcho

Hyderabad: Chairman and Managing Director of TSGenco and TSTransco Prabhakar Rao came in for some gentle ribbing from Chief Minister K Chandrashekhar Rao on Saturday. As the Chief Minister mentioned Prabhakar Rao’s name the first time while addressing a large gathering of employees from the State’s power utilities, it was greeted with loud cheers and claps from the power sector...

Odisha plans ?3,000 crore energy storage project

New Delhi: India is increasingly looking at hydro pump storage schemes, rather than battery storage, for utility scale projects to solve its energy storage problems. One such instance is the proposed 600 mega watt (MW) pump storage plant of the state-run Odisha Hydro Power Corp (OHPC) to be set up at an investment of ?3,000 crore to meet peak-hour rural electricity demand. OHPC will partner with the private s...

Banks may face 60% haircut on power loans

New Delhi: Banks may have to take a haircut of as much as 60% from the close to Rs 1.8 lakh crore of loans to the power sector after the Allahabad High Court denied power companies interim relief from Reserve Bank of India’s tightened NPA regulations, further impacting banking profitability, US-based brokerage Jefferies has stated in a note. “The extent of power secto...

Banks may face 60% haircut on power loans

New Delhi: Banks may have to take a haircut of as much as 60% from the close to Rs 1.8 lakh crore of loans to the power sector after the Allahabad High Court denied power companies interim relief from Reserve Bank of India’s tightened NPA regulations, further impacting banking profitability, US-based brokerage Jefferies has stated in a note. “The extent of power secto...

Congress seeks independent probe into coal import scam

New Delhi: The Congress on Monday targeted the Centre over a stalled probe against the Adani Group and demanded a time-bound, independent probe by a Special Investigation Team (SIT) into an alleged Rs 29,000-crore scam involving over-valuation of coal imports. Days after Adani Group moved the Bombay High Court seeking to quash all Letters Rogatory (LRs) issued by the Directorate of Re...

PSPCL to save ?750 crore per year once coal supply from J’khand mine begins

PATIALA: After a delay of more than four years, the Punjab government has finalised a vendor to operate the coal mine allocated to it in Pachhwara (Jharkhand). Adani Enterprises Ltd, a company owned by business tycoon Gautam Adani, was vying to bag the tender for operation of the coal mine, but Dilip Buildcon VPR emerged as lowest bidder with a quoted price of ? 840 per MT (excluding taxes) through transparent &am...