New Delhi, April 7 (IANS) The Reserve Bank of India (RBI) is likely to keep policy rates on pause as liquidity tools will take centre-stage in 2026, even as crude prices sit about 50 per cent above the central bank’s $70 per barrel assumption, a report said on Tuesday.”Current oil prices are 50 per cent above RBI’s assumption of $70/bbl. Despite this, we continue to see a high bar for monetary tightening,” the report from SBI Mutual Funds said.The AMC firm noted metals and mining as sectoral…
Latest Power Sector News & Updates
Hyderabad, April 1 (IANS) Bharat Rashtra Samithi (BRS) working president K. T. Rama Rao has written a letter to Railways minister Ashwini Vaishnaw, urging the immediate formation of a new Railway Division with headquarters at Kazipet in Telangana. Rama Rao highlighted that the ongoing restructuring within the South Central Railway and operationalisation of the South Coast Railway have placed an excessive operational burden on the Secunderabad Division. As per the latest restructuring data,…
Gandhinagar, March 30 (IANS) Prime Minister Narendra Modi will visit Gujarat on March 31 to inaugurate the Samrat Samprati Museum at Koba Tirth in Gandhinagar, and launch several significant development projects across the state, covering cultural, technological, and infrastructural milestones. Speaking ahead of his visit, the Prime Minister said in a post: “The Samrat Samprati Museum is a testament to the rich legacy of Jainism and India’s civilisational traditions. It will provide visit…
New Delhi, March 20 (IANS) Prime Minister Narendra Modi on Friday said that India is scripting a decisive chapter in the global energy landscape, driven by a strong push towards electrification, clean energy and manufacturing.Prime Minister Modi shared an article written by Minister of State for Power and New and Renewable Energy Shripad Yesso Naik, highlighting the rapid transformation of India’s energy sector.Taking to social media platform X, Prime Minister emphasised that the country’s e…
New Delhi, March 19 (IANS) Prime Minister Narendra Modi on Thursday urged the global investor community to “make, invest, innovate, and scale” in the domestic power sector.In a written message read out by Union Power Secretary Pankaj Aggarwal on the first day of the ‘Bharat Electricity Summit 2026; here, PM Modi said India stands at a defining moment in its energy journey as the world’s fastest-growing major economy.”I invite the global community to make in India, innovate in India, invest in In…
New Delhi, March 8 (IANS) Shripad Yesso Naik, Minister of State for Power and New and Renewable Energy, has emphasised the need to strengthen safety culture at the workplace through consistent use of personal protective equipment, proper shutdown confirmation before undertaking maintenance work, and regular capacity-building and training.Speaking at the ‘Lineman Diwas’ organised by the Central Electricity Authority (CEA), Naik said that the day, observed during National Safety Week, acknowle…
New Delhi, Feb 18 (IANS) Plagued by chronic losses and mounting debt, Pakistan’s state-owned enterprises (SOEs) have for years drained public funds that could have been spent on sectors such as healthcare and education, with frequent equity injections, subsidies, loans and sovereign guarantees reducing the pressure on these entities to fix their inefficiencies and instead of reform, the outcome has been a growing pile of liabilities, a Pakistani media article said.Poor political will, coupled …
New Delhi, Feb 10 (IANS) The NITI Aayog on Tuesday released the second set of four Study Reports on Scenarios Towards Viksit Bharat and Net Zero, which cover the transport, industry, power, and critical minerals sectors.According to the reports, electricity’s share in the power sector can rise as high as 60 per cent in 2070 from 21 per cent in 2025, while the share of non-fossil generation increases from 23 per cent to 80-85 per cent. Electricity, biofuels, and hydrogen can meet nearly 90 per …
New Delhi, Jan 23 (IANS) Pakistan’s National Electric Power Regulatory Authority (Nepra) has released a damning report on the performance of the country’s power sector.Nepra noted that distribution companies continued to suffer from poor governance with transmission and distribution losses exceeding allowable limits, low bill recovery and load-shedding based on Aggregate Technical and Commercial losses. Reference was also made to Debt Service Surcharge sourced to poor governance of the power…
New Delhi, Jan 21 (IANS) In a bid to create future‑ready, financially viable and environmentally sustainable power sector, the government on Wednesday said it has released a new ‘Draft National Electricity Policy (NEP) 2026’ for public consultation with stakeholders.The ‘Draft NEP 2026’ aims to transform the power sector for meeting the vision of Viksit Bharat at 2047. The policy targets per capita electricity consumption of 2,000 kWh by 2030 and over 4,000 kWh by 2047.It also aligns with …