EU carbon tax to have minimal impact on domestic aluminium producers: ICRA
The CBAM, a form of carbon tax acting as an import duty, is set to be implemented from January 1, 2026.
electricity
April 2024
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Power tariff to get 10-20% costlier during peak hours
Tariff during solar hours of the day will be 10-20% less than the normal tariff
India plans to add 14,700 MW of thermal power capacity this year
Out of the 14,700 megawatt, the Centre's target is to add 6,880 MW.
Economy in full flow! Decade-best growth in energy demand in FY23
India's energy requirement in financial year 2022-23 increased by 9.5% compared to the previous financial year as per data released by Central Electricity Authority (CEA).
Govt crafts multi-pronged strategy for electricity supply in summer months
The Ministry of Power has also directed NTPC to run its 5000 MW gas-based power stations during the crunch period in April-May.
India targets adding 18 gigawatt of pumped hydro storage power to stabilise grids
In pumped hydro storage projects (PHPs) water is pumped from a lower elevation reservoir to a higher elevation using low-cost surplus off-peak electric power to run the pumps.
Adani Transmission snaps 8-session losing streak; here’s why
The Adani Group stock has nosedived over 35% in the last two months, from its 52-week high of ₹4,238.55 touched on September 16, 2022.
IIP growth slows to 2.4% in July from 12.3% in June
The manufacturing sector grew 3.2% in July, power generation rose 2.3%, while mining output contracted 3.3% during the month under review, the NSO data showed.
Power cost variation of discoms to be passed on to consumers
Industry sources say the move, which will burden consumers, is part of the attempts to improve the poor financial health of distribution companies.
Electricity reform plans attract widespread protests
The bill aims to give multiple licences in various power distribution areas, paving the way for private sector companies to take up distribution.
