The Chandigarh Administration has failed to make functional 23 public charging stations in the city, which it had installed six months ago. At the moment, those using electric vehicles ether charge their vehicles at home or at a private charging station. Now, however, the UT Administration claims that they will begin work on installation of […]
Category: Power
Power
Karnataka Electricity Regulatory Commission approves hike in electricity tariffs
Karnataka residents will now have to pay higher electricity bills as the sate Electricity Regulatory Commission (KERC) has approved a hike in tariffs by 70 paisa per unit to bridge the revenue deficit. This marks the fourth time in two years that electricity prices have been increased in Karnataka. According to a press statement released […]
Delhi e-bus push: Work on revamp of depots begins
The Delhi government’s transport department has started preliminary work on redeveloping bus depots for electric buses. Around nine bus depots of the Delhi Transport Corporation (DTC) are soon going to get a state-of-the-art upgradation for the upcoming e-buses, said officials. With the government planning to go completely electric by 2025, it is also upgrading the […]
Pune: MSEDCL disconnects supply to more than 16,000 power consumers for non-payment of bills for 3 months
Power supply to as many as 16,413 consumers including commercial and industrial defaulters who have not paid electricity bills for three months in Pune circle has been cut off. Actions are underway to disconnect the electricity supply of another 71,098 who have not paid their arrears. According to an official of Maharashtra State Electricity Distribution […]
In 5 years, Delhi govt eyes complete shift to EV
In a major electric vehicle push, the Delhi government has given a target to all commercial aggregators engaged in passenger, delivery, and good carrier services for mandatory transition from commercial and conventional vehicles to electric. The aggregators, however, providing bike taxis and rent-a-bike services will have to run only e-bikes for passenger services once the […]
Russian shelling hits power networks in five Ukrainian regions
Russian shelling damaged electricity distribution networks in five Ukrainian regions overnight, Ukraine’s state grid operator said on Monday. “The night attack by drones did not damage the main energy infrastructure,” Ukrenergo said in a statement. “However, due to Russian shelling along the frontline and border shelling, there is again damage to distribution networks in Donetsk, […]
Centre’s UMANG, Delhi’s EV policy in NITI Aayog list of ‘best practices’
From fighting malnutrition to promoting black rice to integration of students’ skills and experiences into a credit-based system: these are among 75 initiatives of the Centre and the states/ UTs in the social sector to be commended by the Niti Aayog as “best practices”. According to the Niti Aayog, the government’s apex public policy think-tank […]
Adani flagship company lowers capex goal to $3.8 bn
Adani Enterprises (AEL), the flagship company of the Adani Group, has revised its capital expenditure (capex) guidance downwards for FY24 and will now invest $3.8 billion across three business areas, down from $5.3 billion — a 28% drop from its earlier guidance. This is the first material correction in AEL’s investment plans after the group […]
Rain respite: Power consumption in Chandigarh dips
With rain bringing back chill in the city, the power consumption in Chandigarh has dipped with the total energy used by the consumers recording 190 megawatt (MW) on May 1. However, last year the power demand was 288 megawatt on the same day. In mid-April, due to increasing heat, the power demand had soared to […]
Zypp Electric aims to deploy 10,000 e-scooters in Bengaluru over next 2 months
Electric mobility startup Zypp Electric on Tuesday announced its plan to deploy as many as 10,000 electric scooters in Bengaluru and said 2,000 e-scooters are already on roads. The remaining 8,000 of these vehicles will be deployed over the next two months, Zypp Electric said. The move is part of the company’s recently announced plan […]
Adani Green’s shares hit upper circuit limit after Q4 profit jumps 4-fold; NDTV stock falls
Adani Green Energy on Tuesday hit the upper limit circuit in the early trade, after the company reported a four-fold rise in its consolidated net profit to Rs 507 crore. The Adani group stock touched Rs 998.10 on BSE, up 5 per cent soon after opening. By 12.45 pm, the stock was off its peak […]
Adani Green Energy Q4 net profit rises 4-fold to Rs 507 crore
Adani Green Energy on Monday posted a four-fold rise in its consolidated net profit to Rs 507 crore in the March quarter compared to the year-ago period mainly on the back of higher revenues. The consolidated net profit of the company was Rs 121 crore in the quarter ended on March 31, 2022, a BSE […]