Delhi’s power discoms penalised for defaulting on green power obligations

Delhi’s power regulator DERC has imposed penalties to the tune of Rs 1.71 crore on discom TPDDL and Rs 2.88 crore each on BYPL and BRPL for defaulting on renewable energy purchase obligations (RPO) for three financial years. The Delhi Electricity Regulatory Commission(DERC) in its order last month found default on the part of the […]

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Tata Power gets shareholders nod to raise Rs5,500 crore

Tata Power on Monday said it has got shareholders’ approval to raise up to Rs5,500 crore through issuance of non-convertible debentures on private placement basis. The company had sought shareholders’ approval at the annual general meeting held last week through a special resolution which was passed by the requisite majority, as per a BSE filing. […]

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