Power situation grim, says government

The state government acknowledged that the power situation in the state was grim due to the continuous dry-spell and also because of severe shortage of gas. Information Technology minister Ponnala Lakshmaiah, who made a...

Government to provide financial aid to TANGEDCO

Conscious of the precarious financial health of the Tamil Nadu Generation and Distribution Corporation (TANGEDCO), the State government has decided to facilitate provision of Rs.10,000 crore to the power utility either in the form...

Power ministry plans 8 smart grid pilots

The Ministry of Power has said that it is finalising eight smart grid pilots worth Rs 500 crore with a focus on building a distribution business that is smart grid compatible and connects the...

Germany charges ahead in solar power

The Suryashtakam is an eight-verse Octet, extolling Surya or the Sun God. While Indians chant the mantra, Germans are building solar panels on their rooftops, dominating the world stage as the leader in solar technology and,...

AP power purchase proposal creates furore in Assembly

The Andhra Pradesh Government statement on power sector issues and plans to make long-term arrangements for purchase through bidding route resulted in a furore in the State Legislative Assembly with the Opposition faulting the...

Retail cap in REC issue raised to Rs 5 lakh

Retail cap in REC issue raised to Rs 5 lakh. “We don’t know the reason for the change. The government is not obliged to give any,” said Hitesh Shah of AK Capital, one of...

Aggreko sets up India headquarters in Pune

Aggreko, a provider of temporary power and temperature control services, today announced the opening of its India head office at Pune. The company had been operating with depots in Pune and Chennai for the...

CESC hikes power tariffs by 13%

Brace for a shock next month. Electricity bill in CESC areas is going to rise sharply following the revised tariff in Kolkata and parts of neighbouring Howrah and Hooghly. For its 25 lakh consumers,...

For an em‘power’ing Budget

Given the uncertainty in estimating project cost in the renewable power sector, the Government should extend the tax-holiday period for longer than a year.Since power is essential for the growth of all industries, the...