Two bodies of the Tamil Nadu government, MTC and Chennai Metro Rail Ltd (CMRL), have started work on a common ticketing system for both their utilities in Chennai. However, the operator running suburban trains, the second biggest public transport mode in the city and its suburbs, Southern Railway is nowhere in the picture.
The Ministry of New and Renewable Energy (MNRE) has announced medium- and long-term offshore wind energy target of 5 GW by 2022 and 30 GW by 2030, to provide confidence to the industry.
Tamil Nadu’s power demand has once again touched 15,000MW in June. The power demand comes down after May as the summer heat subsides, but this year, especially in the last few days, the demand has been on the rise, touching 14,997MW on Thursday evening.
After Tamil Nadu shut a copper smelter run by Vedanta Resources following deadly protests, the company faces another challenge 1,000 miles away, where axe-toting tribesmen and environmentalists have joined forces to demand the closure of an alumina refinery.
Tamil Nadu’s green power generation has increased with a high contribution of hydro power in the last two days. Heavy rain in the Nilgiris district helped contribute to the high hydro power generation. Along with wind and solar, the total green power generation crossed 38%.
Refusing to buckle under pressure from the opposition to reduce the value added tax (VAT) on petrol and diesel, the state government on Wednesday said limited avenues were available to raise revenue after all other taxes were subsumed into goods and services tax .
The Madurai branch of Madras high court on Friday asked the Tamil Nadu government to explain the circumstances that forced the police to open fire on May 22, resulting in the death of 13 people during a protest in Thoothukudi, against Sterlite Industries.
Tangedco harnessed 13,000 million units of wind energy and 2,905 million units of solarenergy in 2017-18. Tamil Nadu is the only state to have used so much of green energy last year. The state has saved not less than 5,406 million tonnes of carbon on this count.
Amidst death of 13 people and Tamil Nadu government’s order shutting down of the 22-year old plant, P. Ramnath, CEO of Sterlite Copper says that “false propaganda dominated over the truth about the company”.
The closure of Vedanta Resources PLC’s Indian copper smelter is marginally negative for the company and will not materially affect its cash flows, S&P Global Ratings said today.