India has moved up two positions to rank 74th on a global ‘Energy Transition Index’ with improvements on all key parameters of economic growth, energy security and environmental sustainability, the World Economic Forum (WEF) said on Wednesday. Releasing the annual rankings, the Geneva-based international organisation for public-private cooperation said COVID-19 will compromise the transition to […]
Category: Power
Power
Govt announces Rs 90,000 crore package for DISCOMS
In a big relief to crisis-hit power sector, the Centre on Wednesday announced its plan to infuse Rs 90,000 crore liquidity to cash-starved state electricity distribution companies (DISCOMS). “Discoms today are facing unprecedented cash flow problems,” Finance Minister Nirmala Sitharaman said here while announcing package. State-owned Power Finance Corporation (PFC) and Rural Electrification Corporation (REC) […]
COVID-19: GE Power resumes production at Noida plant
GE Power India on Tuesday said it has resumed production at its facility in Noida, Uttar Pradesh. Earlier on May 2, the company had resumed operations at it Durgapur plant in West Bengal. The company had suspended operations temporarily at its facilities located at Durgapur and Noida due to the coronavirus lockdown imposed by the […]
Finally, street lights on ORR functional
Finally, the street lights on the Outer Ring Road (ORR) are glowing, following the intervention of District In-charge Minister S T Somashekar and Urban Development Minister B A Basavaraj. The lights were defunct due to an issue between Mysuru City Corporation (MCC) and Mysuru Urban Development Authority (MUDA) in connection with taking up maintenance and […]
NTPC Kudgi plant contract workers left to fend for themselves
More than 250 contract workers of NTPC’s Kudgi thermal power plant on Monday staged a protest at the entrance of the plant demanding the officials of the corporation to make arrangements to send them home. Hundreds of contract workers from Bihar, Uttar Pradesh, Jharkhand and Odisha work in the 4GW power plant. The workers alleged […]
Power generation continues unabated
The nationwide lockdown, clamped to mitigate the spread of coronavirus, has brought the country to a grinding halt. Factories have fallen silent. But the deafening sound of turbines and generators continues to reverberate the five power generating stations of Sharavathy Valley Project. The five stations, including Bhadra, have generated 666.988 million units (MU) and 579.089 […]
Power bill pending? Govt won’t cut supply till June 30
Electricity connections of consumers who have pending bills will not be disconnected till June 30, Chief Minister B S Yediyurappa announced on Wednesday. This and other energy-related concessions are part of the government’s Rs 1,610-crore special package to help tide over the Covid-19 lockdown. Electricity consumers across all categories have been included in the package. […]
Power generation in 3 units of RTPS halted
Power generation in the three units of the Raichur Thermal Power Station (RTPS) have been halted owing to technical glitches. There is a leakage in the boiler tubes of the 5th and the 7th units, which have a capacity to generate 210 megawatt of power, each. While, the 8th unit, which also has a capacity […]
BHEL invites global OEMs to use its facilities, capabilities to ‘Make in India’
State-run engineering firm BHEL on Monday said it has invited expression of interest from global original equipment manufacturing (OEM) firms to leverage its facilities as well as capabilities and to shift their production base to India amid the COVID-19 pandemic. There are a large number of OEM firms who intend to shift their manufacturing base […]
Lockdown pulls down power consumption by 22.75% to 85.05 billion units in April
Power consumption in April dipped 22.75 per cent to 85.05 billion units (BU) compared to 110.11 BU in the same month a year ago, mainly due to low demand amid the lockdown to combat COVID-19. The government had imposed lockdown from March 25 to fight the deadly coronavirus in the country. This also resulted in […]
Billionaire Ambani’s Reliance profit plunges 39% as coronavirus hits energy business
Indian oil-to-telecoms congolomerate Reliance Industries Ltd’s quarterly profit fell for the first time in three years, as its dominant energy business suffered lower demand due to the coronavirus outbreak. Reliance, led by Asia’s richest man Mukesh Ambani, said on Thursday its consolidated profit plunged to 63.48 billion rupees ($845 million) in the three months ended […]
AP govt releases Rs 1,962 crore for Polavaram project
Giving a fillip to the Polavaram multi-purpose project, the Andhra Pradesh government, after a long gap, has released Rs 1,962 crore largely for the main dam related works and rehabilitation and resettlement of displaced families. The amount has been released even as the state was awaiting disbursal of over Rs 3,000 crore by the Centre […]