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Punjab & Sind Bank declares IL&FS Tamil Nadu Power as fraud account; outstanding dues at Rs 148 cr – EQ Mag Pro

Public sector Punjab & Sind Bank (PSB) on Tuesday said it has declared bad asset IL&FS Tamil Nadu Power Company, with dues of over Rs 148 crore, as a fraud account and reported it to the Reserve Bank. As per the bank’s policy on determination and disclosures on material events, PSB said it has declared […]

NHPC subsidiary sign agreement with Tata Power Renewable Energy – EQ

Discoms’ outstanding dues to power gencos rise to Rs 10,763 cr in Mar’20

Discoms’ outstanding dues to power gencos rise to Rs 10,763 cr in March The portal was launched in May 2018 to bring in transparency in power purchase transactions between the generators and discoms   Power producers’ total outstanding dues owed by distribution firms jumped to Rs 10,763 crore in March 2020 over the same month […]

Operational Guidelines for Implementation of Component ‘Incentives to Discoms’ under PM-Surya Ghar Muft Bijli Yojana – EQ