KCR mulls power tariff cut after reduction in coal rate

Hyderabad: Chief minister K Chandrasekhar Rao is seriously considering a proposal to reduce power tariff for some categories of consumers to pass on the benefits of reduced coal prices and efficiency improvement in the last three...

Prepaid electricity meters likely for utility companies

Trigger for proposal is the ?2,474.5 crore owed to Bescom Government offices, water supply installations, and street lights could soon be switched to a prepaid electricity meter system if the Bangalore Electricity Supply Company...

Sector volatility hurts Suzlon profits

Suzlon Energy reported its lowest quarterly profit in a year as India’s support for auction mechanism to build wind energy projects slowed orders. The profit of 490.8 million rupees (Dh28.1m) during the usually quiet fiscal...