TN industry sore over ‘unequal’ power cuts

Share and share alike – even if it is a shortage. That seems to be the sentiment among the industries in the small, medium and micro segments demanding the equal sharing of the power...

HC refuses to interfere in electricity tariff hike

In a significant development, the Orissa High Court on Friday refused to interfere with the decisions relating to electricity tariff hike. While hearing a Public Interest Litigation (PIL) challenging the validity of the power...

Power ministry considers financial bailout for discoms

The power ministry is considering financial bailout for distribution companies that are grappling with huge losses. The precarious financials of power distribution companies (discoms) has raised concerns of possible default in the banking system....

Gridco to get 200 Mw from WB via power banking

To meet the summer power need of the state, Grid Corporation of Orissa (Gridco) has finalised agreements with the central electricity grid network Power Grid Corporation of India Ltd (PGCIL), which will provide 200...

Suzlon Energy CFO quits as losses mount

Suzlon Energy’s chief financial officer has quit as widening losses at the country’s biggest wind-turbine maker jeopardise its ability to meet debt repayments this year. Robin Banerjee, appointed CFO in March 2009, left to...

NTPC commissions 500-MW Simhadri unit

The country’s largest power producer, NTPC Limited, stated that it has commissioned the fourth 500-Mw unit of its Simhadri Super Thermal Power Project on Friday. With this unit, the total installed operational capacity of...

PowerGrid south bags award

PowerGrid’s southern region transmission system-II has been conferred with the national award for meritorious performance in power transmission ‘system availability.’ The award has been instituted by the Union Ministry of Power for the year...

Power to cost more in AP for all segments

Power consumers across segments — domestic, low tension and high tension industrial segments, in Andhra Pradesh are in for tariff hike from April 1. DOMESTIC CONSUMPTION The Andhra Pradesh Electricity Regulatory Commission (APERC) today...