LPG Cylinder Prices: India has cut LPG cylinder prices by a steep 100 rupees per cylinder, a move that will ease cost burden on households across the country in the world’s most populous nation that is set to vote for the next government during the summer season. What did PM Modi say on LPG cylinder […]
Day: March 8, 2024
Gencos and gear makers to be nudged by the govt to join hands for EPC bids
New Delhi: Muted response to thermal engineering-procurement-construction (EPC) bids has prompted the government to encourage consortia of companies to bid for upcoming contracts for supply of thermal power equipment. The move comes in light of state-owned Bharat Heavy Electricals Ltd (BHEL) emerging as the winner of three consecutive large contracts to set up power plants.
Power units will end financial year with 45 million tonnes of fuel: Coal minister Pralhad Joshi
New Delhi: Coal minister Pralhad Joshi on Thursday said power plants will end the financial year with 45 million tonnes of fuel, much higher than last year’s 37 million tonnes, which included imported stock. The projection is higher than the ministry’s earlier projection of around 40 million tonnes as closing stock at plants. The overall […]
Power sector to see ₹17 L cr investments in 5-7 yrs: Power and renewable energy minister RK Singh
The power sector will see an investment of around ₹17 lakh crore in the next 5-7 years amid growing capacities across segments and has already witnessed ₹20 lakh crore investment in the last nine years, power and renewable energy minister RK Singh said. About 85 GW of thermal capacity is being added and 14 GW […]
Tata Power consumers to pay more as MERC approves 24% hike
Come April, Tata Power consumers will have to pay more for electricity. On Thursday, the Maharashtra Electricity Regulatory Commission approved an average tariff rise of about 24% for Tata Power for the fiscal year 2024-25, effective from 1 April, 2024. In its order, MERC said that the present tariff hike is necessitated mainly because there […]