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Altogether 35 firms drawing power for their units have decided to become consumers of the Maharashtra State Electricity Distribution Company Limited (MSEDCL) again.
The 35 companies were among 130 firms in the Konkan region of the state power utility and had been buying power from private producers as part of the open access system introduced last year.
More than one year since its launch and 82 per cent of bailout package (bonds) utilised by States; Ujwal DISCOM Assurance Yojana (UDAY) is failing to bring a new dawn for the State-run power distribution sector.
According to a recent report prepared by Motilal Oswal, out of the 21 States that partici...
Screams alerted Dadasaheb Vidhate to the fire trapping three of his children in the family's thatched-roof hut in rural India. "Neighbours rushed to help douse the fire, but we couldn't save anyone," Vidhate, 45, said of the blaze four years ago, which he blames on an overturned kerosene lamp....
The Jharkhand Bijli Vitran Nigam Ltd, despite joining the centre's ambitious UDAY scheme aimed at bringing state-run power discoms out of losses, is again saddled with huge arrears to be paid to DVC and Coal India.
Jharkhand was the first state to join the scheme in September 2015. Under the scheme, ...
Power Grid Corporation of India Ltd.(POWERGRID), a central Power Sector PSU and CTU has signed a Memorandum of Understanding with Abu Dhabi Water & Electricity Authority (ADWEA) & its group of companies on 25th January, 2017 in Gurgaon. The MoU was signed by His Excellency Saeed Al Suwaidi, ...
Power minister Piyush Goyal on 23-01-2017 pitched for wider use of smart electricity meters and urged the electrical equipment industry to come up with innovations that suit the domestic consumer as the country strives to use energy efficiently.
Addressing industry executives at the beginning of a th...
With 21 states now agreeing to go along with the Ujjwal Discoms Assurance Yojana (UDAY), the scheme to rescue the finances of electricity distribution companies (discoms), the Union ministry of power will do a mega tender for procuring 'smart meters' for these states.
It is in discussion with the sta...
As part of a strategy to reduce its electricity bills, Indian Railways plans to award tenders worth around Rs8,000 crore to set up a dedicated electricity transmission network.
The national transporter, which announced a Rs41,000 crore cost-saving exercise earlier this week, will award six tenders. F...
Non-availability of domestic fuel linkages and lower power demand has led to Adani Power Limited (APL)'s standalone net loss widening Rs 478.39 crore for the quarter ended December 31, 2016 for the financial year 2016-17, the company said in its filing on BSE.
As against this, the power arm of the Ad...
To apply for a government job in Haryana, the aspirants will have to clear their electricity bill dues first. The Haryana government on Tuesday decided to make regular payment of electricity bills mandatory for those applying for government jobs.
The new rule would also be applicable for issuance and...
Acquisition of land for a power project had instigated murmurs of protests in Bhangar area in West Bengal's South 24 Parganas district for the past several days.Two people were killed and many wounded in clashes that broke out during protests against a power grid project in West Bengal's South 24 Pa...
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