Category: Power

The under-fire Adani Group reportedly paid back at least Rs 24,610 crore ($3 billion) in the March quarter to assuage concerned investors and creditors in the wake of the Hindenburg report. According to a report by Mint, which cited regulatory filings and insiders, the embattled conglomerate spent at least Rs 20,835 crore ($2.54 billion) in […]

The Delhi government on Tuesday issued a direction to power regulator DERC to conduct a special audit of discoms over power subsidies released to them from 2016 to 2022 to identify any irregularities and ensure transparency. An order issued by Special Secretary (Power) Ravi Dhawan stated that in exercise of the powers conferred by Section […]

Finland’s next-generation Olkiluoto 3 nuclear reactor, the largest in Europe, has gone into regular production after months of delays, its operator said Sunday, hours after Germany ended its nuclear era. Olkiluoto 3, now producing around 14 per cent of the country’s electricity, is expected to remain operational for “at least the next 60 years”, according […]

Germany will switch off its last three nuclear reactors on Saturday, exiting atomic power even as it seeks to wean itself off fossil fuels and manage an energy crisis caused by the war in Ukraine. While many Western countries are upping their investments in atomic energy to reduce their emissions, Germany is bringing an early […]

Rise in economic activities in 2022-23 has witnessed higher demand for electricity in the country, says Central Electricity Authority (CEA) latest data. Power consumption grew 9.5 per cent to 1,503.65 billion units year-on-year in 2022-23. In the previous fiscal, it was 1,374.02 billion units (BU) in 2021-22. The peak power demand or highest supply in […]

The temperature is increasing at an alarming rate in Kerala. With this, the daily power consumption in the state also crossed the 100 million unit-mark. According to IMD, the temperature in Palakkad and Thrissur districts in central Kerala crossed 40 degrees Celsius on Thursday. It is likely to go beyond 40 degrees Celsius in many […]

Lt Governor V K Saxena has approved the extension of power subsidy in Delhi, a move that came amid a row between the L-G office and the AAP government after Power Minister Atishi said the scheme would end from Friday as the file to extend the subsidy was held back by Saxena. In the ensuing […]

A 36-year-old man hailing from Thrissur in Kerala met with a fatal accident due to electrocution while attempting to cross Hosur Road on Tuesday late night. Police said Akbar Ali had come to the city on April 10 to buy mobile phone spare parts. On the day of the incident, Ali went to a bar […]

Two persons died of electrocution and five others were injured after an iron flag pole mounted on a vehicle came in contact with an electric transformer at Virar town in Maharashtra’s Palghar district during celebrations held on the eve of Dr B R Ambedkar’s birth anniversary, police said on Friday. The incident occurred late night […]

India’s largest power producer NTPC Ltd is likely to divest 25 per cent of its green energy arm through a public offering this year after shelving a plan to sell the stake to Malaysia’s Petronas, a person familiar with the matter said on Thursday. Petronas had offered $460 million for a 20 per cent stake […]

Wind and solar reached a record 12 per cent of global electricity in 2022, up from 10 per cent in 2021, according to a report launched today by energy think tank Ember. The report forecasts that from 2023 wind and solar will push the world into a new era of falling fossil generation, and therefore […]

Karnataka was among the six Indian states where the share of wind and solar energy in total electricity generation was way better than the global average of 12% even as India’s overall performance failed to hit the mark, an analysis of data from 78 countries by global energy think tank Ember said. Goa led the […]