Hero Electric, Mahindra Electric Mobility and Kinetic Green Energy and Power Solutions are among firms in talks with Convergence Energy Services Ltd (CESL) for supplying electric two and three-wheelers as part of India’s biggest-ever push for green mobility, said two people aware of the development. The company, a unit of Energy Efficiency Services Ltd (EESL), […]
Day: June 7, 2021
Punjab power regulator pulls up PSPCL
The state power regulator has pulled up Punjab State Power Corporation Limited (PSPCL) for failing to control transmission and distribution losses, in line with the trajectory suggested in the tariff orders in previous years. The Punjab State Electricity Regulatory Commission (PSERC) in its tariff order, dated May 28, for the 2021-22 financial year said: “PSPCL […]
Kamala Harris’ plane forced to return due to ‘technical issue’
A technical issue that involved “no major safety concerns” forced Vice President Kamala Harris’ plane to return to Joint Base Andrews in Maryland about 30 minutes after she had left Sunday on a trip to Guatemala and Mexico. The plane landed safely and she gave a thumbs-up when she got off. “I’m good, I’m good. […]
Petrol and diesel price today 7 June 2021: Fuel rates hiked once again; check price in Delhi, Mumbai here
Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad: Prices of Petrol and Diesel were increased for the second day straight on Monday across major cities. Petrol in Delhi today costs Rs 95.31 per litre, while diesel in the capital city costs Rs 86.22 litre today. Since May 4, rates have been hiked […]
Petrol crosses Rs 95 a litre in Delhi, above Rs 100 mark in six states
Petrol price on Sunday crossed Rs 95 a litre in Delhi and diesel breached Rs 86 per litre mark for the first time ever as fuel prices were hiked again. Petrol price was increased by 21 paise per litre and diesel 20 paise a litre, according to a price notification of state-owned fuel retailers. The […]
India advances 20% ethanol-blending in petrol to 2025: PM
India has advanced the target date for achieving 20 per cent ethanol-blending in petrol by five years to 2025, Prime Minister Narendra Modi said on Saturday, as the world’s third-biggest oil importer looks to cut carbon emissions and reduce reliance on foreign oil. Ethanol extracted from sugarcane as well as damaged food grains such as […]
Sustainable mining: Coal India Ltd off blocks in hunt for green energy
The power purchase agreement (PPA) signed recently between the Coal India Ltd (CIL) and Gujarat Urja Vikash Nigam Ltd (GUVNL) for supply of solar power to Gujarat, though small in size as it pertains to a 100-MW plant in the state, marks an important milestone in its journey towards becoming a carbon-neutral company. The PPA, […]
Power demand bears brunt of Covid lockdowns
While power demand growth was robust in Apr’21, the month of May’21 faced the brunt of demand decline, although it was not as severe as in Q1FY21. Peak power demand declined from 185 GW during Feb/Mar’21 to 155-160 GW in May (until May 23rd). The decline could be attributed to disruptions due to regional lockdowns […]
Power Crisis: Despite PFC-REC loan, discoms’ dues rise 8% at April-end
State-run electricity distribution companies’ (discoms’) overdues — pending receivables of 45 days or more — from private power producers increased 8% on year to Rs 36,018 crore at April-end, even as their total overdues stood at Rs 68,330 crore, down 9.6% from a year earlier. Receivables from central government power stations fell 39% annually to […]
Bengaluru International Airport saved 22 lakh power units in 2020-21, attains energy neutral status
In a significant achievement Bengaluru’s Kempegowda International Airport has been able to substantially reduce its carbon footprint and attained the net energy neutral status during 2020-21, Bangalore International Airport Limited (BIAL) said in a statement. With the help of a range of power conservation efforts the airport was successful in saving about 22 lakh electricity […]
Aero-politics: Bubbles bypass painstakingly-crafted bilateral agreements; could soon see legal challenges
Aviation continues to be disproportionally impacted by the Covid-19 pandemic. Airline cash-flows are down to a trickle, and airports, once buzzing with activity, sit eerily silent for long stretches. Airlines alone are set to lose more than $50 billion in 2021, and air-travel demand will take a while to return. Concurrently, there is also another […]
Asset monetisation: NHAI to wait till traffic is normal
The National Highways Authority of India (NHAI) will wait “till traffic on the highway stretches is back in full volume” to move ahead with its asset monetisation plans. In the Budget for 2021-22, the government set a target for the NHAI to raise Rs 10,000 crore through monetisation of its operational stretches in the current […]