Mumbai: A court on Tuesday remanded Deepak Kochhar, husband of former ICICI Bank CEO Chanda Kochhar, in the custody of the Enforcement Directorate (ED) till September 19 in a money laundering case. Deepak Kochhar was arrested here on Monday under sections of the Prevention of Money Laundering Act (PMLA) in connection with the ICICI Bank-Videocon […]
Category: Power
Power
TS Genco announces additional ex-gratia for Srisailam power plant fire victims
Hyderabad: The Transco and Genco Chairman and Managing Director (CMD) D Prabhakar Rao on Saturday announced additional ex-gratia of Rs 75 lakh each to the persons killed in the fire mishap that occurred at the Srisailam Left Bank Hydro Power House last month. He said that a decision in this regard was taken at the […]
Hanur solar power plant booked for elephant’s death caused by electrocution
Chamarajanagar: A solar power plant run by Ecoren Cardea Power Private Limited in Hanur of Chamarajnagar has been booked over the death of a tusker in its premises at Sirigodu a fringe village close to P.G. Palya range of Male Mahadeshwara Wildlife Sanctuary on Thursday. It is said that the tusker might have died of […]
Power ministry advises telcos to cap late payment surcharge at 12%
New Delhi: The government has asked power generating and transmission companies to cap late payment surcharge at 12 per cent per annum for all dues cleared under the Rs 90,000 crore liquidity infusion scheme of Power Finance Corporation (PFC) and Rural Electrification Corporation (REC) under Atmanirbhar Bharat Abhiyan. With this measure, the financial burden on […]
NTPC gets nod to set up renewable energy biz arm
Power giant NTPC on Friday said it has received the approval of Niti Aayog and Department of Investment and Public Asset Management (DIPAM) to set up a wholly-owned company for its renewable energy business.
Power shutdown in parts of Chennai on August 20 and 21, here’s the full list of areas
CHENNAI: Power supply will be suspended in parts of Chennai on Thursday and Friday due to maintenance work, a statement from Tangedco said. The power supply will be cut between 9 am and 2 pm. The supply will be restored if the maintenance work is completed ahead of schedule. The areas facing power cuts on […]
Tata Power announces merger of three wholly-owned subsidiaries with itself
Tata Power on Wednesday announced that its three wholly-owned subsidiaries, Coastal Gujarat Power Ltd (CGPL), Tata Power Solar Systems (TPSSL) and Af-Taab Investment Company (Af-Taab) are proposed to be merged with the parent company for greater synergies in financing, compliance and oversight. The company said the merger is part of a strategic initiative to simplify […]
Power outage leaves several blocks in the dark in Manhattan after storm
A power outage cast darkness across large swaths of Manhattan early Friday, as tens of thousands of people in other parts of New York City were still without electricity in the aftermath of Tropical Storm Isaias. A spokesperson for Consolidated Edison said Friday’s blackout started at 5:13 am in Manhattan, the Upper West Side and […]
‘Discoms ensuring 24/7 power supply to hospitals’
VIJAYAWADA: WITH the state government engaged in a long battle against Covid-19, the Energy Department is focussing on 24/7 power supply to all hospitals, Covid care centres, quarantine centres and testing labs to facilitate continuous medical care to patients. The power utilities are said to have been working closely with medical and health department to […]
PM Modi launches Asia’s largest solar plant in Madhya Pradesh
Rewa: Launching Asia’s largest 750 MW solar power project in Rewa in Madhya Pradesh through video-conferencing, Prime Minister Narendra Modi on Friday said the state will emerge as a major hub for clean and cheap power in the country. India has emerged as the most attractive global market for clean energy, Modi said.
Power demand slump narrows to 2.6% in July beginning
Power demand slump has narrowed to 2.6 per cent in the beginning of July from 9.6 per cent in June, showing improvement in commercial and industrial activities in the country. The peak power demand had declined by about 25 per cent in April and 8.82 per cent in May this year due to lower commercial […]
Andhra Pradesh industrial policy to go radical green
Vijayawada: If chief minister Andhra Pradesh chief minister Y S Jagan Mohan Reddy has his way, the state’s industrial policy will be turned on its head. To promoters, this will mean that the long process of setting up a facility in Andhra Pradesh will begin, not end, with an environmental impact assessment. And the final […]