Category: Power

The local residents and traders of Dhanbad, already grappling with a slump in trade during the Covid-19 lockdown, are fearing an adverse impact on their business with the Damodar Valley Corporation warning the Jharkhand Bijli Vitran Nigam Ltd of 18-hour power cuts from July 1, as a result of non-payment of dues. The president of […]

Power producers’ total outstanding dues owed by distribution firms rose nearly 63 per cent to Rs 1.23 lakh crore in April 2020 over the same month previous year, reflecting stress in the sector. Distribution companies (discoms) owed a total of Rs 75,642 crore to power generation firms in April 2019, according to portal Praapti (Payment […]

Seven districts in Jharkhand may face acute outage from July 1 as the Damodar Valley Corporation has informed the state power distribution company that it will reduce electricity supply because of failure to clear dues. If the central power utility actually walks the talk, it will be the second time in five months that the […]

The rising clamour to boycott Chinese goods in the wake of the Galwan Valley clash that left 20 Indian soldiers dead last week has pushed hundreds of workmen and illumination artists in Hooghly’s Chandernagore to the edge of uncertainty. People in the town’s globally famed illuminations trade say they will be in peril if raw […]

The board of Adani Power has approved a proposal to delist company shares from bourses, the Adani group firm said on Monday. The company has worked out the floor price of Rs 33.82 per share to buy 96.53 crore equity shares with the public for about Rs 3,264 crore. In a regulatory filing, the company […]

Underground cabling work over a 125 km-stretch, which includes Dhanbad, is likely to resume soon with approval from the Jharkhand Bijli Vitran Nigam Limited (JBVNL). The project, being executed by a private agency JSP Projects as part of the Jharkhand Sampurn Bijli Achhadan Yojna, began in August last year. The work came to a halt […]

Tata Power on Friday said its wholly owned arm has bagged a contract to develop a 100MW solar project in Maharashtra. “Tata Power Renewable Energy Limited (TPREL) has received a letter of award from Maharashtra State Electricity Distribution Co Ltd (MSEDCL) to develop a 100MW solar project in Maharashtra,” the company said in a filing […]

Gautam Adani’s renewable energy company Adani Green Energy on Tuesday said it has bagged a Rs 45,000-crore contract from a central agency to build solar power plants of 8GW capacity and a solar panel unit of 2GW capacity. State-owned SECI (formerly Solar Energy Corp of India) will buy the power at a fixed tariff of […]

Tata Power on Monday signed a memorandum of understanding (MoU) with MG Motor India, a subsidiary of SAIC, to set up superfast chargers for electric vehicles (EV) at select MG dealerships. Tata Power will deploy 50KW DC Superfast chargers at these locations and offer end-to-end EV charging solutions to MG dealerships across the country. Through […]

Larsen & Toubro on Saturday said its board has approved a proposal to re-appoint A.M. Naik as the non-executive chairman for a period of three years from October 1, 2020, Naik’s present tenure is scheduled to end on September 30 at the engineering and construction conglomerate. In a regulatory filing to the stock exchanges, L&T […]

Arelatively cool weather in the first week of June in many parts of the country led to a widening of power demand slump to 19.7 per cent from 8.8 per cent in May this year. The spurt in power demand due to an intensifying heat wave and spur in commercial and industrial activities across the […]

The district administration in South 24-Parganas, assisted by a private company, has installed nearly 30 emergency mobile phone recharging stations in remote areas of the district, a little over a week after Cyclone Amphan took down electricity poles and plunged over 90 per cent of the Sunderbans into darkness. Sources said around 56,000 electric posts […]