The revised guidelines for solar rooftop photovoltaic plants that were released by the Government of Karnataka recently would hinder investment in the sector, a top official of Karnataka Renewable Energy Systems Manufacturers association said on Wednesday. The association has called for a meeting today at Cubbon Park to discuss the concerned issue. Ramesh Shivanna, President […]
Category: Power
Power
BHEL, CSIR sign pact for commercialising homegrown tech
State-owned BHEL on Monday said it has signed an agreement with CSIR for commercialization and implementation of indigenously developed technologies. “BHEL signed an MoU with CSIR (Council for Scientific and Industrial Research),” the engineering firm said in a statement. The first project will be for commercialization of various water purification/ sewage disposal related technologies, it […]
Bombay HC seeks RBI reply on Kochhar’s termination
The Bombay High Court on Monday sought responses from the Reserve Bank on a plea by Chanda Kochhar challenging her termination as the chief executive and managing director of ICICI Bank, months after she voluntarily left the second-largest private sector lender. The high-profile ex-banker had on November 30 moved the Bombay High Court challenging “termination” […]
Green bench raps BBMP over houses built under HT lines
The National Green Tribunal (NGT) has directed the BBMP to submit a report on the status of illegal construction under high-tension power lines in north Bengaluru, failing which it would summon its chief. The NGT’s principal bench, headed by Justice Adarsh Kumar Goel, is hearing a petition about homes and shops constructed illegally under high-transmission […]
Britain’s Big Six energy suppliers to shrink to five
Britain’s six biggest retail energy suppliers, known as the Big Six, are about to become five with the restructuring of Npower by its German owner E.ON. Below are details about the market and factors driving change: WHO ARE THE BIG SIX? Alongside Npower, the Big Six, which control about 70% of Britain’s retail energy market, […]
Tata Power seeks global investors for renewable energy
India’s Tata Power Company Ltd, the power generation arm of the salt-to-software Tata group, wants to sell a stake in its renewable energy portfolio to global investors, its chief executive Praveer Sinha told Reuters. The company is examining the option of bringing in global investors through an infrastructure investment trust, commonly called an InvIT, Sinha […]
Inox Wind get SECI extension
Wind energy solutions provider Inox Wind on Monday said it has been granted extension by state-run SECI for the scheduled commissioning of 550 MW inter-state transmission system (ISTS) connected wind power projects in Gujarat. The time extension has been granted by Solar Energy Corporation of India Limited (SECI) due to delay in operationalisation of long-term […]
Uranium mine’s radioactive waste spreading diseases
Villages in the Kadapa district of Andhra Pradesh adjacent to the unprotected tailing pond of the Uranium Corporation of India’s uranium processing unit are in the grip of mysterious diseases. No action was initiated to stop the seepage of radioactive wastage through groundwater. Several NGOs have time and again visited the villages and documented the […]
UPPCL employees boycott work for second day
Employees of the Uttar Pradesh Power Corporation Limited (UPPCL) continued their 48-hour strike for the second day on Tuesday against the alleged provident fund-DHFL scam. “About 45,000 power employees staged peaceful demonstrations all over the state for the second day today reiterating the demand for issuance of a notification by the government taking responsibility for […]
Rs 1,600 cr in 60 days: Escoms asked to pay Adani firm
Electricity distribution companies (Escoms) in Karnataka have to pay over Rs 1,600 crore to Adani Udupi Power Corporation Limited (UPCL) in late payment charges following an order by the Central Electricity Regulatory Commission (CERC). Senior government officials said the CERC order pertains to late payment surcharges (LPS) between 2010 and 2015 when the escoms and […]
Tata’s Chandrasekaran bats for privatisation of DISCOMs
Tata Sons chairman N Chandrasekaran on Sunday pitched for privatisation of power distribution companies, and also for ensuring that every generation plant is operational to help the power sector. Without prescribing any solutions, he said stress in the telecom sector also needs to be addressed and added that real estate is another sector that requires […]
CCI okays Hyundai, Kia’s stake buy in Ola Electric
The Competition Commission on Wednesday said it has approved the acquisition of shares by Hyundai Motor and Kia Motors in ANI Technologies and Ola Electric. As per a notice, the transaction pertains to the acquisition of a minority equity stake in ANI Technologies and Ola Electric by Hyundai Motor and Kia Motors. Fair trade regulator […]