Rajasthan’s discom earns Rs 3 crore fine from theft cases

Rajasthan’s discom earns Rs 3 crore fine from theft cases

Ajmer Vidyut Vitaran Nigam Ltd (AVVNL), as part of its campaign against electricity theft in 11 districts across the state, has registered 1,606 cases of power theft and imposed penalty of Rs 3 crore and 12 lakh. Managing director of AVVNL has appealed to the consumers to help in the campaign.

India uses less power for third straight month

India uses less power for third straight month

India’s electricity demand declined for the third straight month, another indication of an economic slowdown that seems to be deepening. Electricity demand from distribution utilities declined 13.2% in October from a year earlier, data from the Central Electricity Authority showed.

Crude oil futures fall on sluggish demand

Crude oil futures fall on sluggish demand

Crude oil futures on Thursday fell Rs 4 to Rs 4,001 per barrel as participants reduced positions tracking a weak trend in spot market. On the Multi Commodity Exchange, crude oil prices for November delivery dropped by Rs 4, or 0.07 per cent, to Rs 4,001 per barrel with a business volume of 163,60 lots.

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