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,"...

  There is a need for transparency in the valuation of LIC for the purpose of IPO as there is a gross underestimate of the same,   said EAS Sarma former Secretary to Government of India in a letter to  Nirmala Sitharaman  Union Finance Minister.  EAS Sarma writes that according to the latest reports  the estimated value of the public issue is  Rs...

The Maharashtra State Electricity Distribution Company Limited (MSEDCL) has been adjudged the best government-run power utility in the country at the Indian Chamber of Commerce’s 15th India Energy Summit. The discom bagged the award for its effective use of new concepts, rendering quality services to consumers and taking successful efforts to reduce power losses by using modern technology and progress made i...

Delhi Electricity Regulatory Commission (DERC) has asked the state government to deallocate allocate Delhi’s share of 206 megawatt (MW) power from NTPC’s gas-based generating stations, given that power from these units are very expensive. Deallocation would mean stopping the procurement of power from the units. The gas-based stations in question are Anta, Dadri and the Auraiya power plants. These ...

Allegations of under-valuation in the Rs 210 crore highest bid made by the city-based Nandal Finance & Leasing are being examined, said Tuhin Kanta Pandey, Secretary in the Department of Investment and Public Asset Management (DIPAM), which is running the privatisation process. The government has put on hold the privatisation of Central Electronics Ltd (CEL) after the employees union approached the court aga...

Union power secretary Aloke Kumar said subsidies in the energy sector should be targeted more effectively. Kumar highlighted the need to reduce transmission and distribution losses by 20 percent to 15 per cent. He noted that the most important benefits were given to domestic consumers at the 15th India Energy Summit. Kolkata: According to Union power secretary Aloke Kumar, subsidies in the energy sector should be ...

  The UT Powermen Union on Tuesday decided to observe one day strike on February 1 against privatisation of the electricity department. Employees of the department on Tuesday held a protest rally and demonstration in Sector 17 against the decision of union cabinet to handover the work relating to electricity distribution to a private company. A resolution to go on one-day strik...