Category: Power

Paris: Energy ministers and electricity industry CEOs from around the world have called for mobilising investments for secure and sustainable power systems to offset the impact of Covid-19 crisis on the electricity sector. The participants in a high-level virtual meeting hosted by the International Energy Agency (IEA) recognised the critical importance of the electricity sector […]

MEXICO: The European Union and Canada have formally raised concerns to Mexico about rules they say endanger renewable energy projects, escalating tensions with its government, which late on Friday moved to tighten its control over the power industry. In letters that were leaked to Mexican media on Friday, the same day they were sent, the […]

New Delhi: The Union Cabinet is likely to approve next week a package for discoms reeling under revenue loss due to lower power demand amid the coronavirus lockdown, including setting up of an alternative investment fund to pay off their dues towards electricity generation companies, a source said. “The Cabinet in the coming week can […]

New Delhi: Peak power demand in the country dipped over 28 per cent to 117.76 gigawatts (GW) on Saturday as compared to 163.72 GW on March 20, showing the impact of nationwide lockdown amid COVID-19 outbreak. National Load Dispatch Centre data showed that in actual terms, the peak power demand met has come down by […]

Singapore: Oil plunged over 20 percent on Monday after top exporter Saudi Arabia launched a price war in response to a failure by leading producers to strike a deal to support energy markets. The two main contracts both lost about a fifth of their value in morning Asian trade, with West Texas Intermediate sliding to […]

Bengaluru: A day after Karnataka minister for large and medium scale jndustries Jagadish Shettar’s commitment to give fillip to electronic vehicles and to make the Benglauru an EV capital, Indian Oil Corporation has been given a target of setting up 500 electric charging stations across the country, said Indian Oil Corporation Karnataka executive director D […]

Syska Group, a leading name in the FMEG segment and the pioneers of LED lighting technology, has launched yet another innovative 4 in 1 Quartet LED bulb. Syska Quartet is a multi-coloured bulb which accentuates living spaces with four soothing and colourful light modes. Syska Quartet is a 12W LED bulb with 1200 lumens and […]

Tesla’s innovative Solar Roof installation will be available outside of the US by the end of this year, Tesla CEO Elon Musk said in a tweet. Musk announced that the company is looking forward to international expansion later this year.

Bengaluru: Power consumption in buildings with a glass facade is 10 times higher, a study conducted by researchers at the Indian Institute of Science (IISc) has found. One of its findings is that 24 civic wards in South East Bengaluru consume more electricity – more than 4000 kWh per person per year. This is mainly […]

HYDERABAD: The Central Pollution Control Board (CPCB) recently sent show-cause notices to two power plants operated by TS Genco and Singareni, demanding a reply within 15 days as to why their plants should not be shut down. These plants missed the deadline to put emission controls in place. The notices were sent on January 31 […]

New Delhi: Asserting that the UDAY scheme was not a failure Power Minister R K Singh on Monday said an improved version of the programme, meant for revival for discoms, may be announced in the Union Budget later this week. “We have discussed the new (UDAY) scheme with Finance Ministry. We expect it to find […]

For automobile sector 2020 is expected to be a year of EVs. With the government giving special attention to the sector and taking steps like FAME 2 policy and incentivization, the sector received a major boost last year. A lot of major automakers were seen stepping into the EV segment to explore opportunities. It appeared […]