Daily Archive: July 23, 2012

DERC plans to bring new power tariff system

In a major reform initiative, Delhi’s power regulator DERC has decided to introduce a new system under which tariff will be charged according to electricity consumption in peak and off peak hours. The proposed...

Each state to have Solar City soon

The ministry of new and renewable energy has initiated the development of solar cities. The programme has been designed to encourage urban local bodies to prepare a road map to guide their cities in...

Japan probes alleged nuclear cover-up

Japanese authorities are investigating subcontractors on suspicion of forcing workers at the tsunami-hit nuclear plant to under-report the amount of radiation they were exposed to so they could stay on the job longer. Labour...

IFR-Tata Power exploring rupee perpetual fund raising

The revived popularity of perpetual bonds is extending into India as Tata Power takes another step forward in its plans for the undated instrument. It is heard sounding the market for rupee-denominated perpetual bonds,...