With expectations of a significant income relief for the middle class rising, personal income tax slabs need to be revised so that it can increase the cash flow and give momentum to the economy. While deduction under section 80C is a deduction made from gross total income, it is expected that in the coming budget […]
Category: Power
Power
‘To gain acceptance, EVs would need dedicated lanes’
With the Union Budget around the corner, it is time to look at how the Central government can assist the growth of shared mobility and electric vehicles (EVs) in India. As I write, initiatives such as the National Electric Mobility Mission Plan (NEMMP)-2020 and Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles (FAME) I […]
Budget 2020: EV industry expects road, registration tax cut
In the upcoming Budget, the electric vehicle (EV) industry expects to see reductions in road and registration taxes for EV taxi aggregators so that they are able to develop viable public transportation alternatives. “With ample renewable energy resources, technology, and an evolving consumer mindset, the Indian Electric Vehicle (EV) industry is on the cusp of […]
Softbank considering sale of renewables venture: Report
SoftBank Group Corp is in talks to sell a majority stake in its renewables joint venture in India as it aims to raise cash amid global investment setbacks, India’s Economic Times daily reported on Thursday. The Japanese technology and investment giant has held talks with sovereign wealth and pension funds from the Far East and […]
Cong gave undue benefit to pvt power units, alleges SAD
The opposition SAD on Wednesday alleged that private power thermal power companies were given “undue benefit” of Rs 1,400 crore by the Congress-led government in Punjab and sought an independent probe into the matter. Shiromani Akali Dal chief Sukhbir Singh Badal alleged that the government practised “deliberate laxity” in pursuing disputes with private players. “SAD […]
Solar-powered ferry service launched at Manimuthar dam
Solar-powered ferry service has been launched for the benefit of tourists visiting the Manimuthar dam in the district, officials said. The operation of the solar-powered boat would prevent water pollution and also protect aquatic animals, they said after the launch of the service on Wednesday. The boat would be used to ferry tourists around the […]
Thermax wins Rs 431 crore order for two FGD systems
Thermax Limited has concluded an order of Rs. 431 crore from a public-private joint venture power company to set up two flue gas desulphurisation (FGD) systems at their thermal power plant in the state of Jharkhand. The customer will install two units of FGD systems of 525 MW capacity each at their plant, to limit […]
Power cut in and around HSR Layout on Wednesday
Regular maintenance works taken up by the Bangalore Electricity Supply Company (Bescom) under the 66/11 kV HSR main unit sub-station (MUSS) will result in a power outage in southeastern parts of Bengaluru on Thursday, from 10 am to 5 pm. The affected areas will be Mangammana Palya, Neelakanteswara Layout, Manjunath Layout, Madeena Nagar, Hosapalya Main […]
Kakrapar unit 3 to be commissioned in April
The Department of Atomic Energy will commission one nuclear reactor every year from 2020, starting with the third unit of the Kakrapar Atomic Power Station in Gujarat, Union minister Jitendra Singh said. The 700-MW pressurised heavy water reactor is likely to be commissioned by April, Singh, who is a minister of state in the Prime […]
Govt to light up villages with solar power
The government has decided to harness the sun’s power to light up gram panchayats in villages, in what will be a big push for solar energy in rural Karnataka. Authorities are also exploring solar power options for street lights in villages. Switching to solar power will lead to precious savings running into tens of crores […]
Tata to own electricity retail supply in Odisha circles
Tata Power on Monday said it has emerged as the successful bidder to own the license for distribution and retail supply of electricity in Odisha’s five circles together constituting Central Electricity Supply Utility of Odisha (CESU). In a regulatory filing, the company said the Odisha Electricity Regulatory Commission (OERC) has awarded the Letter of Intent […]
NGT notice to NPCIL on plea on Kaiga plant expansion
The National Green Tribunal on Thursday issued notice to the Centre and Nuclear Power Corporation of India on a plea questioning the environmental clearance to expansion and enhancement plans of the Kaiga Atomic Power Project (KAPP) at Uttara Kannada district of Karnataka allegedly in disregard to ‘catastrophic risk’ and adverse impact on the eco-sensitive Western […]