A major fire broke out Wednesday in an Electricity department workshop on Alapur Road, turning a large number of transformers, collected there for repair work, to ashes, a senior official said. No loss of life was reported and the reason for the fire was not immediately known. According to UPPCL (Electricity Department) Superintending Engineer (SE) […]
Category: Power
Power
Karnataka power utilities get B+, B ratings in annual report
Bescom has secured a ‘B+’ grade and the rest four electricity supply companies (Cesc, Mescom, Gescom and Hescom) obtained a ‘B’ grade in the report of the 11th annual integrated rating and ranking of power distribution utilities (covering 57 DISCOMs across India) for the financial year 2021-22. Bescom had got the 39th rank and had […]
Govt incentives to drive EV penetration in India, charging infrastructure key: Moody’s
Government incentives, including those to consumers, local battery manufacturing, state-level subsidies and cut in GST rates would help drive EV penetration in India, Moody’s has said. In a report, Moody’s Investors Service said India has the fourth-largest car market globally, but electric vehicle (EV) penetration is currently only around 1 per cent. The pace of […]
E-autos yet to catch on despite Bengaluru’s EV progress
Bengaluru boasts a commendable adoption rate of Electric Vehicles (EVs); however, the ubiquitous auto-rickshaws seem to have been left behind in this race. Out of the lakhs of auto-rickshaws that traverse the city roads, only a meagre number of them are e-autos, and a handful have been retrofitted to run on electric power. C Sampath, […]
No objection to JPC probe on Adani issue: Sharad Pawar
In what seems to be a change in his political stand, NCP supremo Sharad Pawar – one of the seniormost politicians of India – said that for the larger interests of the Opposition unity he would not oppose a Joint Parliamentary Party (JPC) probe into the Adani Group-Hindenburg Report issue. The Congress, along with many […]
India EV profile: $4 bn market in component manufacturing
Electric Vehicle sales in India are expected to grow to ~4 billion in 2025 and ~8 billion in 2030 and this growth is expected to bolster EV component manufacturing in the country. Highlighting Bengaluru as one of the leaders in the fast-paced adoption of EVs, Gnanendra Kumar, Additional Commissioner of Transport, Government of Karnataka revealed, […]
India to receive 9% power from nuclear sources by 2047
Nine per cent share of electricity is likely to be contributed from India’s nuclear sources by the year 2047 when India celebrates 100 years of independence, according to Dr Jitendra Singh, the Minister of State for Prime Minister’s Office. According to him, this would help in getting closer to the commitment of achieving the net […]
9% of India’s electricity to come from nuclear sources by 2047: Jitendra Singh
India will get 9 per cent of its electricity from nuclear sources by 2047, the centenary year of the country’s independence, Union Minister Jitendra Singh said on Sunday. The Science and Technology minister made these remarks after reviewing the functioning of the Bhabha Atomic Research Centre in Mumbai. Singh said the rising share of nuclear […]
Toyota to launch 10 new battery Electric Vehicle models by 2026
Toyota Motor Corp aims to introduce 10 new battery electric vehicle models by 2026, a senior executive said on Friday, as the Japanese automaker looks to catch up in electric vehicles. Toyota will also set up a new, specialised unit to focus on battery EVs and is targeting annual production of 1.5 million battery-powered cars […]
Centre plans green hydrogen incentives of at least 10% of cost
India plans to give green hydrogen fuel producers incentives worth at least 10 per cent of their costs under a $2 billion scheme set to begin before the end of June, a top government official said. New Delhi this year approved a Rs 174.9 billion incentive plan to promote green hydrogen in a bid to […]
Adani Power begins electricity supply from Godda plant to Bangladesh
Adani Power on Sunday said that it has begun supplying electricity from its plant in Godda in Jharkhand to Bangladesh. Adani Power Ltd (APL), a part of the diversified Adani Group, has commissioned the first 800 MW ultra-super-critical thermal power generation unit at Godda in Jharkhand. The plant has started with supplying 748 MW of […]
Top investor sees $2 bn Adani bet having returns over 100%
Rajiv Jain, one of the biggest names in emerging-market investing, cut across the grain last month when he bought almost $2 billion worth of Adani Group stock. Now, the chief investment officer of GQG Partners Inc. has grand predictions for his bet on the embattled Indian conglomerate: a return in excess of 100 per cent. […]