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Tag results for... "power-sector-news"

RE storage prices will come down with increasing demand & manufacturing: RK Singh

New Delhi: Union Minister for Power RK Singh said that price of renewable energy (RE) storage will come down over time as demand increases and more manufacturing facilities are set up........

PFC Q1 Consolidated PAT up 23 percent at Rs 3,557 Crore

PFC posts a 23% increase at Rs 3,557 crore in Consolidated Profit After Tax (PAT) in Q1 result of FY'21 PFC reports a 16% increase in Consolidated Revenue from Operations for.......

Power Finance Corporation (PFC) profit down nearly 80%

New Delhi: State-owned Navratna Power PSU Power Finance Corporation (PFC) has reported about 80 percent decline in consolidated net profit at Rs 693.71 crore for the quarter ended March 2020. The.......

Despite COVID-19 crisis Power Grid posts an impressive Q4FY20

Power Grid reported 8.2% rise in consolidated net profit to Rs 3313.47 crore on a 6.4 percent rise in net sales to Rs 10,148.26 crore in Q4 March 2020 over the same quarter last.......

Govt asks PSUs to defer fixed charges, offer 20-25% rebate on power supplied to discoms

Under this intervention, REC and PFC would extend special long-term transition loans up to 10 years to discoms It will help restart the virtuous cycle of cash flow in the power sector,.......