Power Grid unfazed by proposed O&M norms changes by CERC

Power Grid Corporation (POWERGRID) expects “no impact” from proposed changes in Operation & Maintenance (O&M) charges norms by Central Electricity Regulatory Commission (CERC), a top company official said. The official said the company was in discussion with the regulator. Draft regulations suggest altering the prior 75:25 (sub-station vs transmission line) O&M cost distribution to 65:35 […]

NTPC, NALCO ink initial pact for power supply

State-owned NTPC on Friday said it has inked an initial agreement with NALCO to supply over 1,200 MW of round-the-clock power for the aluminium maker’s operations in Odisha. The MoU was signed in the presence of Dillip Kumar Patel, Director (HR), NTPC, and Jagdish Arora, Director (Project &Technical), NALCO in the national capital, the power […]

Karnataka to come up with green hydrogen policy

BENGALURU: Chief Minister Siddaramaiah allocated Rs 23,159 crore to the energy sector, which is 6% of the total budget allocation. Last year, Siddaramaiah had allocated Rs 22,773 crore, or 7% of the total budget allocation, to the sector. His predecessor, BJP leader Basavaraj Bommai, had allocated Rs 14,388 crore in the state budget. Siddaramaiah also […]

Bengaluru Suburban Rail to get Rs 400 cr, mere 31 per cent of sum requested

BENGALURU: The Rs 15,767-crore Bengaluru Suburban Rail Project has been allocated just Rs 400 crore in the budget, against the Rs 1,300 crore that was sought for. The allocation is only 31% of its requirement. K-RIDE, the nodal agency for the implementation of the project stated that the Directorate of Urban Land Transport (DULT) had […]

Metro line to Tumakuru, Devanahalli in Bengaluru proposed

BENGALURU: Chief Minister Siddaramaiah on Friday announced a proposal to extend two different Metro lines of Phase-II to Tumakuru and Devanahalli. The feasibility study is set to begin. “A feasibility report will be prepared to extend Metro rail from BIEC (Madavara) to Tumakuru and Kempegowda International Airport to Devanahalli on a Public-Private Partnership model,” he […]

Ajay Singh, Busy Bee Airways submit bid to acquire grounded Go First

NEW DELHI : Ajay Singh, Chairman and managing director of SpiceJet, and Busy Bee Airways have jointly submitted a bid for grounded airline GoFirst on Friday (Feb 16, 2024). The bid has been submitted by Singh in his personal capacity along with Busy Bee Airways, a Delhi-based non-scheduled air transport operator. Pran Sathiadasan, a Director […]