Two state discoms fare poorly in Centre’s rating

Two state discoms fare poorly in Centre’s rating

Following annual ratings conducted by the Union Ministry of Power (MoP), two of the three power distribution companies in the state — Poorv Kshetra Vidyut Vitaran Company and Madhya Kshetra Vidyut Vitaran Company — have emerged among the ‘worst performing’ in a list of 41 discoms across 22 states.

Two waste-to-energy power plants to come up in UP

Two waste-to-energy power plants to come up in UP

UP government and Dutch company GC International on Tuesday signed an agreement for setting up waste to energy power plants in Muzaffarnagar and Ghaziabad. Under the agreement, the company will invest Rs 2,000 crore for setting up the two plants in the two districts.

Climate change: How concerned are CEOs in India?

Climate change: How concerned are CEOs in India?

Over the past few years, extreme weather events have devastated communities across the world. Be it floods, landslides, or wildfires, natural disasters have concerned chief executive officers (CEOs) in India and globally, that a changing environment carries severe market risks.

Review of PPAs: Reprieve for discoms as Andhra HC stays notice

Review of PPAs: Reprieve for discoms as Andhra HC stays notice

In a new twist to the ongoing battle over the review of power purchasing agreements (PPAs), the power distribution companies in the state filed a writ petition in the Andhra Pradesh high court challenging the proceedings of the Union ministry of renewable energy to issue of letters of credit (LCs) to solar and wind power producers.