OERC cancels distribution licence of Reliance Energy’s discoms in Odisha

Bhubaneswar : The Odisha Electricity Regulatory Commission (OERC) has revoked the licences of three power distribution companies (discoms) in the state, Nesco, Wesco, Southco, which are owned by Anil Ambani-controlled Reliance Energy Ltd. OERC has temporarily handed over the management of the three discoms to Gridco (formerly Grid Corporation of Odisha), which held 49% stake […]

Budget 2015: India targets 1,75,000 MW green power by 2022

NEW DELHI: Emphasising the need to generate more electricity from clean energy sources, the government today announced a massive renewable power production target of 1,75,000 mw in the next seven years. Of the total 1,75,000 mw proposed to be tapped by 2022, solar power will have a lion’s share of 1,00,000 mw followed by 60,000 […]

Electricity transmission lines yet to be upgraded in Delhi

NEW DELHI: Last year Union finance minister Arun Jaitey had allocated Rs 200 crore for upgrading Delhi’s dilapidated electricity transmission network. This was the result of multiple trippings the previous month which had led to severe outages in Delhi in June. Eight months after the allocation was made, the city is yet to get the […]