Sanjay Singal, the Chairman and Managing Director of Bhushan Power and Steel Ltd (BPSL), allegedly transferred money to shell companies under the guise of buying capital goods, then either routed the money back to BPSL as equity so as to borrow more money from banks or laundered it to buy property according to a charge […]
Category: Power
Power
Time to shift to renewable energy sources: CII chairman
It is time for gradual transition from traditional to renewable energy sources, said Confederation of Indian Industry (CII) chairman, Sarvjeet Singh Virk. He was addressing the CII’s power and renewable energy dialogue 2020 on Tuesday. He said Chandigarh has adopted solar power. He said according to the latest data available, 30 MW solar plants has […]
Solar plant set up at NIT- Agartala to save Rs 60 lakh on power bill annually
A one MW capacity solar rooftop power plant was commissioned at the National Institute of Technology (NIT) here on Tuesday and will save energy valued at Rs 60 lakh per year, officials said. Union Minister of State for Human Resource Development (MHRD), Sanjay Dhotre formally inaugurated the solar power plant, sanctioned by the union Ministry […]
Analysis| India’s energy choices are critical for the world
India’s energy sector has undergone a remarkable transformation in recent years, laying the foundations for an important new phase in its development. Twenty-five years ago, half of India’s population had no access to electricity. Today, thanks to the successful implementation of recent government policies, 99.9% of households have electricity. A push to improve the availability […]
L&T power plant resumes operations
Larsen and Toubro (L&T) has resumed operations at its 1,400-MW Nabha power plant even as the company is yet to adhere to the Union environment ministry’s revised pollution norms. This has happened after the Punjab State Power Corporation Ltd (PSPCL) served a notice on the firm for defaulting on the power purchase agreement (PPA). The […]
PSPCL pulls the plug, issues notice to L&T-run Nabha power plant
The Punjab State Power Corporation Limited (PSPCL) has served notice to Larsen and Toubro (L&T)-owned Nabha Power Plant (NPL) for defaulting on the power purchase agreement (PPA) as the company shut operation at its 1,400-MW plant on the pretext of revised pollution norms. The notice is a first step to cancel the PPA if the […]
Renewable power obligations: Regulator asks UPPCL to create Rs 7.37 billion fund
The state’s electricity regulator has directed the UP Power Corporation Ltd (UPPCL) to create a fund with a separate account and deposit the amount it is liable to pay owing to its failure to buy a minimum of power from renewable sources under the renewable power obligations (RPOs). The UP Electricity Regulatory Commission (UPERC) issued […]
India, Pakistan exchange list of nuclear installations
Continuing a 29-year unbroken practice, India and Pakistan on Wednesday exchanged a list of their nuclear installations under a bilateral arrangement that prohibits them from attacking each other’s atomic facilities. The two countries exchanged the list of nuclear installations and facilities covered under the Agreement on the Prohibition of Attack against Nuclear Installations between India […]
Full stop on fossil fuels: This country plans to ban sale of petrol, diesel cars
Even though it is widely recognised – and backed by countless studies – that consumption of fossil fuels in the personal mobility sector around the world has taken a massive toll on our planet, many argue that not much is being done to understand the peril and take precautionary measures. And while electric cars are […]
Delhi govt unveils electric vehicle policy, proposes subsidy on buying and e-vehicles
The Delhi cabinet, chaired by chief minister Arvind Kejriwal, on Monday approved the Delhi Electric Vehicle (EV) Policy, 2019, with an aim to reduce air pollution by offering subsidies and waiving road tax and registration fee for electric vehicles bought in the national capital. The policy also has a provision to impose a pollution cess […]
Grid of the future takes centrestage at MIT energy conference
The sixth edition of the international conference by MIT-Arts, Design and Technology University (ADTU), will be held from December 18-20 at Rajbaug, Loni kalbhor, Pune. The theme of the conference is Energy and City of the Future. The conference will be inaugurated by Geoffrey Levermore who won a Nobel prize for his report on climate […]
Non-payment of electricity bill: PSPCL snaps power of Patiala central jail
Taking strict action against defaulters, the Punjab State Power Corporation Limited (PSPCL) snapped the power connection of Patiala central jail for not paying electricity bill to the tune of ₹1.60 crore. Similar action was taken against two police stations — one at Civil Lines and other at Model Town. Both the stations owed ₹5 lakh […]