Tata Power on Wednesday posted a 9 per cent rise in its consolidated net profit to Rs 1,017.41 crore in the September quarter, mainly on the back of higher revenues from core business. Its consolidated net profit was Rs 935.18 crore in the year-ago period, according to a regulatory filing. Total income rose to Rs […]
Category: Power
Power
Pb Power Minister speaks up against states imposing water cess despite Centre’s declaration
In a resolute stand against the imposition of water cess on electricity by certain states, Punjab Power Minister Harbhajan Singh ETO on Tuesday raised his voice at the Conference of Power and New and Renewable Energy Ministers held at Pragati Maidan in New Delhi. Despite clear declarations by the Union Government that this practice is […]
Pb minister seeks VGF from Centre to encourage biomass power plants producing power from stubble
Punjab Power Minister Harbhajan Singh ETO has sought Viable Gap Funding (VGF) from the Union Government for the State so that the biomass power plants producing power using paddy straw can be encouraged in the State to check the practice of stubble burning by the farmers. The Minister, participating in the Conference of Power and […]
Yogi govt embarking on a clean energy journey
In a commitment to environmental protection, the Yogi Adityanath government is embarking on a clean energy journey for all its forthcoming major projects. To achieve this objective, the government has issued directives to create an extensive action plan for operating large-scale plants using solar energy. One such project is the Bulk Drug Park in Lalitpur, […]
Domestic solar module manufacturing capacity to touch 60 GW by 2025: Icra
The domestic solar photovoltaic (PV) module manufacturing capacity is expected to touch 60 gigawatts (GW) by 2025, according to Icra. At 60 GW, there will be a 62 per cent growth in module manufacturing capacity compared to the current level of 37 GW, the rating agency said on Monday. It is likely to increase to […]
Minister claims ‘transformation’ in power sector in past 18 months
Uttar Pradesh Energy Minister AK Sharma claimed a “transformation” in the power sector, particularly the electricity supply system, over the past 18 months. He said the improvement was achieved due to consistent efforts for the maintenance and renovation of the power distribution infrastructure. The minister said during this period, the UP Power Corporation Limited achieved […]
Green engineering need of hour: Murmu
Underlining the issue of climate change, President Droupadi Murmu on Friday said “green engineering” is the need of the hour while addressing officers of the Military Engineer Services (MES)and asked them to construct eco-friendly and sustainable structures that promote the use of renewable energy. Addressing a group of MES probationers, who had called on the […]
Govt obtains technical approval of Rs 157 cr to remove all high-tension wires in Hry
Haryana Power Minister Ranjit Singh on Sunday said that the State Government has obtained technical approval worth Rs 157 crore to remove all high-tension wires from residential areas, parks, ponds, and other public places in both rural and urban areas across the State. The work will be completed at all locations after Diwali, he said. […]
India’s power consumption grows 9.4 per cent in April-October
India’s power consumption grew 9.4 per cent to around 984.39 billion units in the April-October period this fiscal compared to a year ago mainly due to improvement in economic activities and weather conditions. Power consumption in the April-October period in fiscal year 2022-23 was 899.95 billion units, according to power ministry data. Another indicator, peak […]
UPPCL announces OTS scheme for defaulters
Uttar Pradesh Power Corporation Limited (UPPCL) has announced one-time settlement (OTS) scheme for the benefit of the defaulters in all categories of electricity consumers. The scheme will be implemented in three phases for 54 days from November 8 to December 31. The OTS will particularly benefit the domestic category consumers. Under the OTS scheme, consumers […]
NTPC Group installed capacity goes up to 73,874 MW
State-owned power giant NTPC on Saturday said its group installed capacity has reached 73,874 MW after its arm started commercial operations of a 50 MW wind energy unit. “NTPC Renewable Energy Ltd, a wholly owned subsidiary of NTPC, has on Nov 4 declared commercial operation of its first project of 50 MW Wind at Dayapar […]
Odisha gets investment proposals worth Rs 4,940 crore in wind energy sector
The Odisha government has received investment proposals worth Rs 4,940 crore from investors for wind energy projects, an official said. This came to the fore here on Friday when GRIDCO, a state government undertaking and the nodal agency for the development of renewable energy, in collaboration with its technical partner iFOREST, organized ‘Odisha Wind Energy […]