Last week India’s Central Electricity Regulatory Commission (CERC) made two big announcements. Both have moved shares – and both mark a step change in the country’s power sector.

First, the commission published tariff regulations for the next five years – an announcement which helping push shares in NTPC, the power producer, down 11.4 per cent on Monday and another 0.9 per cent on Tuesday to close at Rs115.85. Read more

On Thursday, the Indian government will sell off 783m shares in National Thermal Power Corporation (NTPC), a 9.5 per cent stake.

A floor price of Rs145 per share has been announced, which is a discount over the current market price. But is this a good investment? And where does it leave the government’s disinvestment plan? Read more

By Shriram Subramanian of InGovern

The letter sent by The Children’s Investment Fund (TCI) to Coal India is a wakeup call for the Indian government, companies and institutional investors to take corporate governance issues seriously. Probably for the first time in Indian corporate history, an institutional investor has threatened to sue individual board members of a listed entity. Read more