Bangalore witnessed multiple and lengthy power cuts over the weekend for around 36 hours, but the issue is not resolved yet. Several areas in the city which fall under various power stations faced power cuts for the majority of Monday as well. While The Bangalore Electricity Supply Company (BESCOM)has cited “400KV Hoody Station Line-1 and […]
Category: Power
Power
Bangalore News LIVE updates: Widespread power disruption hits city again ; three-storey building tilts, six families evacuated
Moderate rain hits Bengaluru on Monday evening where several trees were uprooted in Indiranagar, Koramangala and Kengari according to the Bruhat Bengaluru Mahangara Palike (BBMP) control room BTM Layout 2nd stage, Bilekahalli Main Road and most of South Bengaluru’s low lying areas were flooded. According to the BBMP officials, groceries of an Anganwadi centre was […]
The insider: Former SDO fights against inflated power bills
In Panchkula’s Motor Market, on a small desk outside a tyre shop, sits Narendra Sharma, a retired SDO who worked with the electricity department. Post-retirement, in 2005, Mr Sharma started a consultancy service for people facing electricity-related problems. Since then, he has assisted hundreds of complainants to register their complaints at the electricity department and […]
Tata Power Q4 profit drops 92% to Rs 107.32 crore
Tata Power’s consolidated operating profit for the quarter ended March 31, 2019, fell 1.5 per cent year-on-year (y-o-y) to Rs 1,348.68 crore while margins dropped marginally by 32 basis points as fuel cost and power purchase cost rose during the period. Consolidated net profit for the March quarter fell 92 per cent y-o-y to Rs […]
GAIL emerges highest bidder for IL&FS wind power plants
GAIL (India) has emerged as the highest bidder for seven operating wind power plants of Infrastructure Leasing & Financial Services (IL&FS). The bidding process to these assets, having 12 sites spread across seven states, was launched in November last year. “Gail’s offer of approximately Rs 4,800 crore for 100 per cent enterprise value contemplates no […]
Andhra Pradesh move to re-open PPAs takes the wind out of RE projects
Two state-owned power discoms (distribution companies) of Andhra Pradesh have moved to reopen contracts signed with wind generators in recent months, a step that could impact at least 40 of India’s biggest RE (renewable energy) developers and raises serious questions about the sanctity of contracts. The move is a body blow for RE developers, who […]
Crude rise a fresh concern for rupee
Brent crude oil prices crossed the $65 per barrel mark for the first time in three months on Friday putting pressure on rupee which closed at 71.23 against the USD, down 0.1 per cent and the premier benchmark indices at BSE and National Stock Exchange falling by 0.2 per cent on Friday. While a decline […]
Smart grid system to change face of energy
BHUBANESWAR: Installation of smart grid system can help tackle power blackouts during disasters and crisis while providing reliable and quality electricity to consumers, experts emphasised here on Thursday.