Daily Archive: July 8, 2015

Power supply blips worry Rapid Metro

GURGAON: Power supply to Rapid Metro failed twice in two months, prompting the CEO of the private mass transit company to write to Haryana Vidyut Prasaran Nigam. According to the letter from Rapid Metro...

Power purchase deals under Madras HC scanner

CHENNAI: The spectre of an allegation that the state suffered a loss of 1 lakh crore due to delayed power projects and purchase of power from private players at exorbitant rates returned to haunt...

Govt launches loan scheme for rooftop solar projects

Power minister Piyush Goyal on Tuesday launched the Indian Renewable Energy Development Agency (IREDA)’s loan scheme for rooftop solar power projects in the country. The scheme will provide loans at interest rates between 9.9%...

US Ex-Im bank suspends $1 billion loan for energy in India

The US Export-Import Bank’s $1 billion programme to boost India’s clean-energy industry has been suspended after the institution’s lending authority lapsed, an Indian government official working on the project said. Indian Renewable Energy Development...

Industrial tariff has risen sharply

NAGPUR: Power consumer activist Pratap Hogade has strongly contested the claim of state government regarding reduction in cost of power for industries in the state. He has pointed out that due to increase in...

UP to oppose power supply’s privatization

LUCKNOW: The Akhilesh Yadav government in UP is all set for a fresh round of bout with the Modi government at the Centre, this time over the electricity amendment bill that potentially paves way...