JHARSUGUDA: Chief Minister Naveen Patnaik on Friday inaugurated the third and fourth units of the state-owned Odisha Power Generation’s Ib Thermal Power Station at Banharpali in the district.The Chief Minister also inaugurated a coal mine at Manoharpur in Sundargarh district through video conference. The coal mines at Manoharpur will feed coal to the two new […]
Category: Power
Power
Agricultural sector to get power in two phases in AP
RAJAMAHENDRAVARAM: Agriculture connections in the district will be supplied power in two phases during summer, APEPDCL Chairman and Managing Director Kandula Raja Bapayaa said. During an official visit to Rajamahendravaram on Friday, he said the farmers would get power between 1 am to 9 am and 9 am to 6 pm. “Power demand by the […]
Rural Electrification Corporation seeks to amend terms of dollar bonds
NEW DELHI: Rural Electrification Corporation (REC) has offered to pay hefty charges to prevent its US bondholders from redeeming their bonds or exercise options over “change of control” when the Power Finance Corporation buys out the government stake. To make bondholders accept the revised terms post change of control, REC has offered to pay $15 […]
Kejriwal woos lawyers with power bill promise
NEW DELHI: In a bid to woo lawyers in various district courts, which comes under the jurisdiction of the Delhi government, Chief Minister Arvind Kejriwal on Wednesday said that soon, all electricity connections in their chambers would be shifted from commercial to domestic category. Addressing lawyers at Tees Hazari Court, the CM said that his […]
PFC, REC merger to help resolve stressed assets
Power Finance Corporation, which has secured in principle approval for acquisition of government stake in Rural Electrification Corporation, says it has improved its capital adequacy from 17.71 per cent in the beginning of the financial year to 19 per cent by the end of the third quarter and hopes to maintain the regulatory requirement of […]
NTPC shuts down 500 MW unit at Kaniha plant in Odisha
Due to disruption of mining operations spurred by demonstrations by local villagers resulting in an acute coal shortage, state-run NTPC has shut down a 500 MW unit at Kaniha near Angul district in Odisha. “Due to the demonstration staged by the local villagers in the Lingaraj coal mine and Railway MGR line at Kaniha, coal […]
Post merger, Power Finance Corporation-Rural Electrification Corporation to go on as CPSEs
MUMBAI: It is business as usual at the Power Finance Corporation (PFC) and the impending merger with the Rural Electrification Corporation (REC) has not put any hurdles in its ability to either raise resources or on its disbursals, the top company management said in Mumbai, addressing a press conference. To bolster the case for PFC-REC […]
L&T distances itself from Cognizant’s Indian bribery case
NEW DELHI: Infrastructure major Larsen & Toubro (L&T) Monday said it is not aware of any evidence that supports its involvement in making the alleged improper payments to power officials in India for securing various clearances on behalf of its client Cognizant Technology Solutions Corp (CTS). “While we cannot comment on Cognizant’s decision to enter […]
Yediyur ward to sell excess power to BESCOM
BENGALURU: Last year, Yediyur ward in South Bengaluru became the first Bengaluru Electricity Supply Company (BESCOM)-free ward. Run on bio-gas generated electricity, this will now soon be sold to BESCOM. The bio-methanisation unit utilises wet waste collected from residents and is currently generating 250-kilowatt per day, which is in excess. The ward will soon sign […]
Only LED streetlights in Bengaluru by 2021
BENGALURU: Bengaluru will soon have brighter street lights at a lower cost as the ambitious project by Bruhat Bengaluru Mahanagara Palike (BBMP) to use Light Emitting Diode (LED) bulbs has received the government’s nod. The work order for the project will be issued within a month. Bengaluru has 4,70,648 street lamps for which BBMP pays […]
Power cut today due to maintenance works
CHENNAI: For carrying out maintenance work, power supply will be suspended on Friday from 9 am to 5 pm in the following areas: Adyar: 1st avenue, 1st main road and 2nd lane, Sastrinagar, 3rd st,Parameswari nagar, Jeevarathnam nagar, Main road, LB road, Cross st Sastri Nagar. Kottivakkam: KK Road, Bharathi Avenue, Kaveri Nagar, Kuppam Beach […]
Intel agencies act to pull plug on Kerala State Electricity Board data leak
KOCHI: Intelligence agencies have flagged a major leak of sensitive data from the Kerala State Electricity Board (KSEB) that contained exhaustive details of customers’ profile and their online transactions with the Board. A few private firms associated with the KSEB for implementation of Restructured Accelerated Power Development and Reforms Programme (RAPDRP) are suspected to be […]