To uplift the financial health of Uttarakhand Power Corporation Limited (UPCL), the body has proposed a 7.7% hike in power tariffs (both residential and commercial) from next year.
Hours after 43 people lost their lives in a fire incident in RJhasi road, Bihar irrigation minister Sanjay Jha on Sunday lashed out at Delhi’s power department for not assessing fire safety norms in the national capital at regular intervals.
Industrialists on Friday lodged their protest as power management company submitted a petition before Electricity Regulatory Commission proposing increase in power tariff. The power management company submitted the petition on behalf of all three power distribution companies in the state.
US State Department officials are on a hush-hush visit to India in connection with the recent cyber attack on the Kudankulam nuclear plant, which has been traced to North Korea, it is learnt.
The utilisation level at coal-based power plants remained muted in November amid the slowdown in electricity usage. The average plant load factor (PLF) of these power plants was 51.4%, against 60.5%in the corresponding month last year.
The Vigilance Wing of Telangana State Southern Power Distribution Company Limited (TSSPDCL) has come across 46,309 cases of electricity theft in six districts — Mahbubnagar, Nalgonda, Sangareddy, Siddipet, Rangareddy and Hyderabad.
Former Member Punjab State Electricity Regulatory Commission (PSERC ) Gurinder Singh Ghuman has been appointed as Lokpal Electricity for Punjab state for a period of three years.
Faced with a demand slowdown and increasing financial stress of the distribution companies, the Centre is considering a new loan window for states to help settle their rising dues to the power generation companies.
Singapore-based Sembcorp Industries on Friday said it has signed a pact to buy out its local partner Gayatri Energy Ventures Pte Ltd”s stake in the Indian arm Sembcrop Energy India Ltd (SEIL) for Rs 406 crore. The firm had first announced the deal to buy 5.95 per cent stake held by Gayatri Energy on December 4.
Consumers might get another shock as discoms have sought a 5% hike in power tariff for 2020-21, to compensate for the losses it has incurred over the last couple of years. This hike has been sought to bridge the gap of around Rs2000 crore in the estimated figures of income and expenditure for the upcoming financial year 2020-21.