Category: Power & New and Renewable Energy

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Sop on kerosene to end in three years

Sop on kerosene to end in three years

After decontrol of petrol and diesel, the government has chalked out a plan to usher in market-determined pricing for kerosene over the next two to three years. The stage is being readied for deregulating the poor man´s fuel as the government targets 24-hour electricity supply to all rural households under the Rs 44,000 crore Deendayal Upadhyaya Gram Jyoti Yojana by the end of 2017.

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State has failed in power generation: Karandlaje

State has failed in power generation: Karandlaje

MP Shobha Karandlaje has accused the Karnataka state government of failure to increase power production and ensure its proper distribution.´Even though parts of the state face drought, farmers have to bear the burden of power shortage as well. The problem could be solved only if the state became self-reliant in power production.

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ABB Q1 net up 19% to Rs.57 cr

ABB Q1 net up 19% to Rs.57 cr

ABB India Ltd has posted a rise in net profit by 18.75 per cent to Rs 57.45 crore for its second quarter ending June. The Indian unit of the Swedish power equipment firm said revenue grew 6 per cent during the quarter to Rs 1,932.64 crore.

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Sunshine in the Solar Sector

Paradoxically though, in a country with the fourth largest coal reserves, per capita electricity consumption is abysmally low and a significant number of Indians either have little or no access to electricity, while others face challenges in accessing uninterrupted and reliable electricity supply.