The board of Gautam Thapar-promoted CG Power and Industrial Solutions Ltd on Tuesday said it was considering selling non-core assets and exploring various fund-raising avenues to deleverage the company and optimize its operations, the company said in a filing to stock exchanges. CG Power’s stock crashed 20%, the maximum permissible daily limit for the stock, […]
Category: Power
Power
The next five years will be crucial to build a healthy renewable sector in India | Analysis
With 15 of the top 20 polluted global cities in India, and energy being the primary source of pollution, it’s critical for the country to transition from fossil fuel to renewable energy, and Internal Combustion Engine (ICE) automobiles to electric vehicles (EVs). In the last five years, the renewable sector in India has had some […]
Low-quality Chinese batteries could slow down India’s EV drive
Chinese manufacturers are dumping low-quality battery packs for electric vehicles (EVs) in India, two officials aware of the matter said, similar to the way rejected solar modules were sold here at a discount. While the Chinese government has nudged battery makers to move up the value chain by calibrating subsidies, manufacturers of older models are […]
The transformative story of Delhi’s power sector, writes Arvind Kejriwal
In early February 2014, Delhi was on the verge of a blackout. I had just become the chief minister and electricity distribution companies (discoms) had threatened to push more than half of the city into darkness, citing inability to pay for purchase of power. This was after five years of continuous hikes in power tariffs, […]
Prepaid energy meters for all in Uttar Pradesh soon
The use of prepaid smart energy meters will be made compulsory in Uttar Pradesh to help discoms increase their cash flow and enable consumers to have a better control over consumption. The UP Power Corporation Ltd (UPPCL) is expected to soon file a petition before the electricity regulator to seek its nod for the proposal […]
UP’s renewable energy HQ runs solely on conventional power
The New and Renewable Energy Development Agency (NEDA), a government nodal body that is primarily responsible for showcasing and promoting renewable power in Uttar Pradesh, does not practise what it preaches. It meets the entire 125 kilowatt (KW) electricity load of its multi-storey headquarters in Gomti Nagar, Lucknow, from conventional power drawn from the national […]
Power bill waiver: Relief for many, concern for tenants
Delhi government’s announcement that households that use up to 200 units of power a month will not have to pay for electricity means that his family can potentially save on power bills starting this month. Between April and June, Chauhan’s family – six members who live in a two-room accommodation in south Delhi’s Tigri – have […]
Power subsidy scheme: Govt seeks discoms’ proposals, monthly energy usage breakup
A day after chief minister Arvind Kejriwal announced that electricity will be completely free for residents who consume up to 200 units of power every month, the government’s power department Friday wrote to all distribution companies (discoms), seeking individual proposals to go ahead with the scheme. The power department said it has given a deadline […]
BJP, Congress criticise AAP over free electricity, residents divided
The Bharatiya Janata Party (BJP) and the Congress on Thursday criticised the Aam Aadmi Party (AAP) government’s announcement on waiving electricity charges for households consuming less than 200 units per month. While the BJP called the move a “political stunt”, the Congress said the scheme is “inadequate”. The latter alleged the AAP failed to take […]
Who gets what in Delhi government’s power subsidy plan
Over 1.4 million households in the national capital, which consume 201 to 400 units of electricity every month, will get a maximum subsidy of Rs 800 on their monthly power bills from now on, top government officials said on Thursday. Delhi chief minister Arvind Kejriwal on Thursday announced that residents who have a power consumption […]
The Centre must set an example in the use of EVs
With the government working towards making India an all-electric car market by 2030, minister for road transport and highways, Nitin Gadkari, in 2017, told carmakers in no uncertain terms that if they stick to petrol or diesel, he would not mind “bulldozing” them to check pollution and imports. Two years down the line, the minister, […]
Fined by cops, UP lineman cuts power supply to police station
Irked after cops imposed a fine of Rs 500 on him for not wearing a helmet, a lineman of the electricity department disconnected power supply to the Line Par police station in Firozabad on Tuesday evening. The police station had power bill arrears of over Rs 6 lakh. With no power at the police station […]