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Union territories power discoms to be privatised: Nirmala SitharamanBy : Sustainability ..., May 18, 2020
India will privatize electricity distribution companies (discoms) in all its eight union territories, said finance minister Nirmala Sitharaman on Saturday. The announcement was made as part of the fourth tranche of the Rs20 trillion stimulus package to fight the economic... Read more.. |
Discoms’ Liquidity Infusion via Loan Positive for Gencos, But Losses to Shoot Up by Rs 270 Bn in FY21: ICRABy : Sustainability ..., May 15, 2020
Government’s Rs 900 billion liquidity support under Atmanirbhar Bharat package for state power distribution utilities (Discoms) is a much welcome measure, said ICRA a leading credit rating agency. However, this liquidity infusion in Discoms will be in the form of loans... Read more.. |
Power Demand Dropped 24% in April Due to Lockdown: CRISILBy : Sustainability ..., May 14, 2020
With almost no economic activity taking place in the first 20 days of April due to lockdown, and very little operations after that, power demand declined sharply by 24 percent in the month, Crisil Research said. The 21-day lockdown to fight the spread of coronavirus, which... Read more.. |
Power discoms get ₹90,000 crore liquidity lifelineBy : Sustainability ..., May 14, 2020
The government on Wednesday announced a ₹90,000 crore liquidity injection into fund-starved electricity distribution companies (discoms) as part of a stimulus package to revive the country’s battered economy. The announcement, made by finance minister Nirmala Sitharaman, is... Read more.. |
Govt may lower tariffs to bail out power sectorBy : Sustainability ..., May 13, 2020
India will shortly announce a power sector package that may involve a temporary tariff reduction, concessional finance, and payment of around ₹1 trillion dues of electricity distribution companies (discoms), two government officials said, as part of the stimulus plan... Read more.. |
South harnesses more solar power during lockdownBy : Sustainability ..., May 12, 2020
Southern states generated more solar power during the lockdown, as a component of the total power supply in April. Despite demand being less during lockdown compared to normal times, Tamil Nadu, Karnataka, Andhra Pradesh and Telangana were able to use 2,655 million units of... Read more.. |
Electric two-wheeler maker Okinawa resumes production with 25 per cent workforceBy : Sustainability ..., May 12, 2020
Electric two-wheeler maker Okinawa on Monday said it has resumed operations at its plant in Bhiwadi (Rajasthan), and corporate office in Gurugram (Haryana), with 25 per cent workforce. The company said it will maintain safety measures at its offices, manufacturing unit and... Read more.. |
Avera develops electric scooter for medical servicesBy : Sustainability ..., May 11, 2020
Avera New and Renewable Energy, a manufacturer of pure electric motor scooters, said on Sunday that it has developed a scooter that can offer emergency medical services to the government healthcare sector which is currently combating the coronavirus pandemic. "We have the... Read more.. |
COVID-19 provides opportunities for domestic solar module manufacturingBy : Sustainability ..., May 11, 2020
The supply disruption from China due to the COVID-19 pandemic and subsequent decline in domestic solar capacity addition offer a golden opportunity to ramp up local manufacturing of solar modules and cells, according to industry experts. However, the industry feels there is... Read more.. |
Wind energy industry can generate 4 million jobs globally by 2030: GWECBy : Sustainability ..., May 8, 2020
Wind energy sector can generate employment for four million people globally by 2030 provided its deployment takes place at the necessary rate, according to Global Wind Energy Council (GWEC). "Wind energy has been a major creator of skilled jobs and community benefits. Direct... Read more.. |