Long Outages A Daily Affair, Residents Fume

Long Outages A Daily Affair, Residents Fume

The city is staring at a rise in frequency of power cuts during the day. Outages normally happen during summers when demand is high, but during winters when the demand has reduced to 400 MW, the cuts have left residents baffled.

Piyush Goyal Launches The Merit App And E-bidding Portal For Utilization Of Domestic Coal In IPP Power Stations For Reducing The Cost Of Power Generation

Optimum utilization of Coal through these app/ web portal would save the consumer close to Rs. 20,000 crores five years down the line: Shri Piyush Goyal

Piyush Goyal Launches The Merit App And E-bidding Portal For Utilization Of Domestic Coal In IPP Power Stations For Reducing The Cost Of Power Generation

Union Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines, Piyush Goyal launched here today the ‘MERIT app (Merit Order Despatch of Electricity for Rejuvenation of Income and Transparency)

Tamil Nadu becomes 21st State to join UDAY

State to derive an Overall Net Benefit of approximately Rs. 11,000 crores through UDAY. The State would have savings of about Rs.950 cr. in annual interest cost through reduction of debt and through reduced interest rates on the balance debt.

Tamil Nadu becomes 21st State to join UDAY

In a significant move and following months of persuasion by the Centre, Tamil Nadu came on board the power ministry’s flagship scheme UDAY. By signing the MOU under UDAY, the State Government is taking over 75% of debt of Rs. 30,420 crores of TANGEDCO. The scheme also provides for the balance debt to be re-priced or issued as State guaranteed Discom bonds, at coupon rates around 3-4% less than the average existing interest rate.

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