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...

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 ...