Prime Minister Narendra Modi on Wednesday invited global businesses to invest in India, saying historic reduction in corporate tax rates by his government creates a golden opportunity and promised more measures to improve business climate. Speaking at the Bloomberg Global Business Forum here, the Prime Minister said India offers a golden opportunity for investment in […]
Category: Power
Power
Power supply to Kochi flats disconnected
Mounting pressure on the 350 odd families residing at the water-front apartments at Maradu in Kochi that face Supreme Court’s demolition order, power supply to four apartments was disconnected during the wee hours of Thursday. According to sources, steps to disconnect water supply would be also initiated on Thursday itself and forcible eviction steps would […]
Panel tells UPCL to follow NGT fiat before expansion
The Adani Udupi Power Corporation Limited’s (Adani UPCL) proposal to expand its power plant with two additional units of 800 MW has been delayed at least for now as the expert committee of the Union Environment Ministry has told the company to come back with the proposal after meeting the conditions laid down by the […]
Bhushan Power insolvency: NCLAT to hear JSW’s plea
The National Company Law Appellate Tribunal will hear the plea of JSW Steel, which has emerged as the highest bidder for Bhushan Power & Steel Ltd, seeking immunity from the ongoing cases of money laundering against the latter on October 14. It also directed impleading the Ministry of Corporate Affairs, the CBI and the Enforcement […]
CG Power board sacks Gautam Thapar as its chairman
CG Power & Industrial Solutions on Thursday said its board has sacked Gautam Thapar as its chairman with immediate effect after an investigation that unearthed a multi-crore financial scam in the firm. “In cognizance of the current situation being faced by the company and the recent developments, including disclosures dated August 19, 2019, made by […]
IIT-Mandi: Soon tech to convert heat into electricity
Researchers at the Indian Institute of Technology (IIT) Mandi are developing novel thermoelectric materials that can efficiently convert heat into electricity. While solar power has received a lot of attention, other alternative sources are equally promising, even if less known, researchers said. Generating power from heat, for example, is attractive as there is a lot […]
Power bill overdue, state-run tech institute in dark
Hundreds of students pursuing various engineering courses at the state-run Sri Krishnarajendra Silver Jubilee Technological Institute (SKSJTI) were forced to sit in the dark for the last 10 days as the power supply was cut off. Following massive dues towards electricity bills, the Bengaluru Electricity Supply Company (BESCOM) disconnected the power supply and told the […]
Power in surplus, Bescom says no outage till 2023
Promising a bright future for Bengaluru, Bescom on Tuesday assured the people of the city that there won’t be any load-shedding until 2023, as the state is witnessing surplus power generation. C Shikha, managing director of the Bangalore Electricity Supply Company, however, clarified that minor technical glitches may force the escom to disconnect power intermittently […]
Keeping Bhutan on our side
Prime Minister Narendra Modi’s two-day visit to Bhutan was productive for both countries. Ten MoUs were signed in the fields of hydropower, information technology, space research, aviation, and education. These will not only energise the bilateral partnership but also open up new areas for co-operation. Hydropower cooperation is set to increase further; the two sides […]
RTPS: Power generation suspended at 7 units
The power generation at seven units of Raichur Thermal Power Station (RTPS) has been suspended following lack of demand. The generation of hydroelectricity is increasing following heavy rainfall in the state. At present, only one unit is producing 200 MW at RTPS whose total power generation is 1,720 MW. However, RTPS chief engineer (Maintenance) Lakshman […]
PM Modi to inaugurate ‘Renewable Energy Investors’ meet
Prime Minister Narendra Modi will inaugurate the third Global Renewable Energy Investors’ Meet on October 30, an official said on Thursday. India is expecting an investment of USD 80 billion in 2-3 years in the renewable energy sector, said Anand Kumar, Secretary of Ministry of New and Renewable Energy. “Prime Minister Narendra Modi will inaugurate […]
No power backup at Whitefield Railway station
One of the biggest in the city, the Whitefield Railway Station is neglected by the authorities to an extent that there is no automatic power backup even. This is apart from the station lacking most basic facilities. For instance, last week, during a scheduled power shutdown, the station went pitch dark as no automated power […]