The current global economic development aspirations coincide with intensifying climate risks, growing geo-political adversities, and shrinking carbon space. For several countries, progress on the sustainable development goals (SDGs) is slow, energy demand is rising, and their fiscal bandwidth is stressed as they strike a balance between cleaning up their energy mix and maintaining the affordability […]
Category: Power
Power
UPPTCL to monetise assets, UPRVUNL to lease out its schools
The UP Power Transmission Corporation Ltd (UPPTCL) will monetise its assets by selling out its prime property in various cities across the state even as the UP Rajya Vidyut Utpadan Nigam Ltd (UPRVUNL) has decided to lease out its schools running in several thermal power plant premises to a Delhi based institute for 10 years. […]
Paris votes to ban rental electric scooters
Paris voted overwhelmingly Sunday to banish for-hire electric scooters from the streets of the French capital, delivering a blow to operators and a victory for road safety campaigners. The referendum means the City of Light, once a pioneer in embracing e-scooter services, is set to become the only major European capital to outlaw the widespread […]
Complete installation of smart meters priority: JERC to Chandigarh
While rejecting UT administration’s proposal to increase the power tariff by 10% for 2023-24, the Joint Electricity Regulatory Commission (JERC) has also directed the electricity wing of UT engineering department to expedite the installation of smart electricity meters on priority. Under the Smart Grid project, approved by the National Smart Grid Mission (NSGM), the UT […]
BEST seeks short-term agreements to augment power supply
Mumbai: With the Brihanmumbai Electricity Supply and Transport (BEST) fearing a shortfall of 40 to100 megawatts (Mw) from this summer to March 2024, the undertaking has sought immediate short-term agreements with power suppliers. This shortfall was initially supposed to be met through renewable energy (RE), but this will be possible only from December 2024 onwards. […]
No hike in power bills in Bihar as CM announces subsidy of ₹13,114 cr
In a major relief to power consumers in Bihar, the state government Friday announced that there will be no hike in electricity rates effective from April 1 and that it would provide a subsidy amount totalling ₹13,114 crore to cover up the hike in power tariff recommended recently by the Bihar Electricity Regulatory Commission( BERC). […]
State govt installs over 2.5 cr smart prepaid meters across U.P.
The Uttar Pradesh government has installed smart prepaid meters on the premises of 2.69 crore consumers so far under the Government of India’s ‘Revamped Distribution Sector Scheme’, said a government spokesperson here on Friday. Notably, the Revamped Distribution Sector Scheme (RDSS) notification was issued by the Government of India in 2021 to provide quality and […]
Himachal: HPERC increases electricity tariff by 22 paise per unit for all consumers
The Himachal Pradesh Electricity Regulatory Commission (HPERC) on Friday increased the electricity tariffs for all consumers by 22 paise per unit for the financial year 2023-24. The new tariff will be applicable from April. The overall electricity tariff increase in terms of the percentage is less than 4% only for FY 2023-24. The tariff for […]
Goel orders panel to probe claims that LG is obstructing power subsidy in Delhi
Delhi assembly speaker Ram Niwas Goel told the assembly’s standing committee on public facilities on Friday that officials were allegedly trying to stop the Delhi government’s electricity subsidy scheme. Power minister Atishi claimed that chief secretary Naresh Kumar and power secretary Shurbir Singh were conspiring with the lieutenant governor (LG) to halt the government’s free […]
2 discom staffers forcibly remove elderly woman’s belongings in MP; suspended
Two staffers of a power distribution company were suspended after a video surfaced on social media of them forcibly removing the belongings of an elderly woman even as she ran after them in Madhya Pradesh’s Sagar district, an official said on Sunday. As per an official release, Sagar collector Dipak Arya has suspended two line […]
Delhi: Power bills may rise on ₹20K-cr payout
Delhi’s residents face an astronomical jump in their electricity bills after the Supreme Court ordered the Capital’s electricity regulator to allow a payment of about ₹20,000 crore in accumulated dues to two private power distribution companies (discoms), at least three state government officials have said, adding that the Delhi Electricity Regulatory Commission (DERC) will soon […]
New EV battery sourcing rules in US to be released next week
The U.S. Treasury Department on Wednesday said it will release guidance next week on sourcing requirements for electric vehicle battery tax subsidies under President Joe Biden’s climate change law, the first in a string of highly anticipated rules to determine how broadly the credits can be used. The auto, battery and clean energy industries have […]