Leveraging international cooperation to finance renewable energy domestically

The challenge between balancing industrialisation and tackling the climate crisis has been a treacherous one and increases in dimensions as the global population increases along with the need to ensure livelihoods. In the process of industrialisation, the burning of fossil fuels which is available at cheaper costs, depletion of forest reserves, and the need for […]

Softbank-backed FirstCry, Ola Electric to launch IPO soon: All you need to know before subscribing

E-vehicle startup Ola Electric and childcare supply company FirstCry, both backed by investor SoftBank, are all set to file their draft IPO paperwork soon. This means that their initial public offering (IPO) could be launched in the beginning of 2024. Both the firms – Ola Electric and FirstCry – are planning to file the IPO […]

MSEDCL chalks plan to tackle power issues in Pune, PCMC industrial areas

In a bid to address the problem of irregular power supply in the Maharashtra Industrial Development Corporation (MIDC) areas of Hinjewadi, Bhosari, Ramtekdi, Akurdi and Talwade, the Maharashtra State Electricity Distribution Company Limited (MSEDCL) has prepared a comprehensive plan involving an investment of ₹45 crore to boost the existing infrastructure in these vital industrial zones. […]

Bengaluru: Power cuts till Dec 21; Check affected areas, timings, details

Bengaluru is expected to face scheduled power cuts this week, i.e., from Tuesday to Thursday, as power supply companies such as the Bangalore Electricity Supply Company (BESCOM) and the Karnataka Power Transmission Corporation Limited (KPTCL) have undertaken several periodical maintenance and repair works. These works include jungle clearance, renovation, modernisation, DTC structure maintenance, line maintenance, […]

Punjab revises accident compensation policy for PSPCL staff

The Punjab government has introduced an Accident Compensation Policy for employees of the Punjab State Power Corporation Limited (PSPCL) with effect from December 8. Power minister Harbhajan Singh ETO said that the policy is designed to provide financial support to employees, including regular, contractual, and sub-contractual workers, in the face of work-related accidents. Under the […]

PSPCL seeks lowest tariff hike in 15 yrs as financial health improves

Electricity distributor Punjab State Power Corporation Limited (PSPCL) has sought 11% tariff hike for the 2024-25 fiscal year, the lowest in the last 15 years. PSPCL submitted its annual revenue requirement (ARR) of 11% to the Punjab State Electricity Regulatory Commission (PSERC) on November 30 and it was accepted by the commission on Thursday. The […]

Prayagraj’s solar effort: producing power worth ₹20 cr monthly

Electricity from solar power is being generated using solar panels installed on rooftops of government offices, factories and even houses in Prayagraj today. There are many institutions in the district that are generating and providing electricity to the power department. While till a few years ago the district was fully dependent on non-renewable sources of […]

Several areas in Bengaluru to witness power cuts this weekend; Check affected areas

Many areas in the Karnataka capital are set to witness ower outages this wekeend, from Friday to Sunday. This comes in the midst of various maintenance and repair projects being undertaken by power supply companies. Most of these disruptions are expected to occur between 10am and 5pm, however, some works may be completed earlier. Here […]

₹40 cr power bill pending: Abohar waterworks expansion project hits roadblock

After spending ₹13 crore on a waterworks project, the Centre-funded development project initiated by Abohar municipal corporation (MC) has hit a roadblock as the Punjab State Power Corporation Limited (PSPCL) has refused to grant power connection until its dues were cleared. According to the information, the local body of Fazilka district has an outstanding bill […]

Over 27 lakh power consumers in U.P. avail of OTS Scheme till December 12

More than 27 lakh registered individuals have benefited from the One-Time Settlement (OTS) Scheme by December 12, contributing to the revenue of over ₹2,600 crores for the Uttar Pradesh Power Corporation Ltd (UPPCL), as announced by a government spokesperson on Wednesday. “In cases related to electricity theft, more than 54,000 people have availed themselves of […]