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Power generation cos outstanding on discoms rises 30% to Rs 46,000 crore in June

Sunday, August 18, 2019, 4:30 PM

The outstanding dues of power producers from distribution utilities have risen by more than 30 per cent to Rs 46,412 crore in June 2019 compared to the same month of the last year, showing stress in the sector. According to PRAA portal, distribution companies owed a total of Rs 34,465 crore to power generation companies in June 2018.
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Rs 10,000 crore worth 6th tranche of CPSE ETF to open on July 18

Wednesday, July 10, 2019, 5:22 PM

The government is planning to raise up to Rs 10,000 crore from the sixth tranche of CPSE ETF which would be launched on July 18, an official said. The CPSE Exchange Traded Fund (ETF) tracks shares of 11 Central Public Sector Enterprises (CPSEs) ONGC, NTPC, Coal India, IOC, Rural Electrification Corp, Power Finance Corp, Bharat Electronics, Oil India, NBCC India, NLC India and SJVN.