Centre eyes private capital for ₹9L-cr grid expansion
Financial Express Pune|January 07, 2025
INDIA IS ASKING states to attract more private capital to accelerate the expansion of its power transmission network, part of a plan to revamp the country's grid and accommodate more clean power.
RAJESH KUMAR SINGH

States should monetize their transmission assets by transferring ownership to businesses for a period of time, and re-invest the proceeds into new projects, according to a report by the federal government's Central Electricity Authority. Power regulators should design a pricing system that guarantees predictable revenues for investors, it said.

Denne historien er fra January 07, 2025-utgaven av Financial Express Pune.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

Denne historien er fra January 07, 2025-utgaven av Financial Express Pune.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

FLERE HISTORIER FRA FINANCIAL EXPRESS PUNESe alt
Financial Express Pune

Trump is already losing

It looks like Donald Trump's \"craziness\" is already polluting sentiment, not just with the US' trading partners (and erstwhile friends) but importantly, with increasing numbers of Americans who were looking forward to Great Times—a soaring stock market, lower prices, and more well-paying jobs.

time-read
3 mins  |
March 18, 2025
Financial Express Pune

Promoter group to hike stake in SpiceJet to 33.47%

BUDGET CARRIER SpiceJet on Monday announced that its founder and promoter, Ajay Singh, through Spice Healthcare, a promoter group entity, will infuse ₹294.09 crore into the airline.

time-read
1 min  |
March 18, 2025
Financial Express Pune

Amazon Eyes India Spinoff, IPO

WHEN CONTACTED, AN Amazon spokesperson declined to confirm the development, stating that the company does not respond to \"rumours and speculations\".

time-read
1 min  |
March 18, 2025
Financial Express Pune

Himachal CM presents ₹58,514-crore budget

WITH A FOCUS on tourism, rural development and green energy, Himachal Pradesh chief minister Sukhvinder Singh Sukhu on Monday presented a budget of ₹58,514 crore for 2025-26.

time-read
1 min  |
March 18, 2025
Financial Express Pune

Rajnath, Gabbard Hold Talks

DEFENCE MINISTER RAJNATH Singh on Monday conveyed to US Director of National Intelligence Tulsi Gabbard India's concerns over activities of Khalistani separatist group Sikhs for Justice (SFJ) on American soil and urged her to declare it as a designated terrorist entity, sources said.

time-read
1 min  |
March 18, 2025
Financial Express Pune

Putin ceasefire talks to discuss 'land and power' plants: Trump

PRESIDENT DONALD TRUMP said he would speak to Russian President Vladimir Putin on Tuesday about ending the Ukraine war, with territorial concessions by Kyiv and control of the Zaporizhzhia nuclear power plant expected to feature prominently in the talks.

time-read
1 min  |
March 18, 2025
Financial Express Pune

High number of grievances a cause for concern, says RBI governor

THE HIGH NUMBER of customer grievances continues to be a matter of serious concern as 95 scheduled commercial banks received over 10 million complaints from customers in 2023-24, Reserve Bank of India governor Sanjay Malhotra said.

time-read
1 min  |
March 18, 2025
Financial Express Pune

Tata Motors, Motherson to be hit by Trump tariff, says Moody's

THE PLANNED IMPOSITION of the claimed reciprocal tariffs on imports by the Donald Trump administration will impact Tata Motors and Samvardhana Motherson International (SAMIL), research and rating agency Moody's said on Monday.

time-read
1 min  |
March 18, 2025
Financial Express Pune

No new tax in ₹2.05L-cr budget in Haryana

HARYANA CHIEF MINISTER Nayab Singh Saini on Monday presented a tax-free ₹2.05-lakh-crore budget for 2025-26, making various announcements including earmarking ₹5,000 crore for \"Lado Lakshmi Yojana\" and setting up an authority to tackle drug abuse.

time-read
1 min  |
March 18, 2025
Financial Express Pune

India, NZ ink defence pact to mute rising Indo-Pacific threat

SIGNALLING DEEPER STRATEGIC convergence in the face of an assertive China in the Indo-Pacific region, India and New Zealand signed a defence cooperation pact on Monday and agreed to step up dialogue to enhance maritime safety.

time-read
1 min  |
March 18, 2025