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.
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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.
IAEA alarm over world’s dependence on China for 80% of solar PV
China has invested over $50 billion in new PV supply capacity – ten times more than Europe − and created more than 3,00,000 manufacturing jobs across the solar PV value chain since 2011.
8 core industries’ output grows 18.1% in May
The growth in the index of eight core industries can be attributed to the higher production of cement, coal, fertilisers and electricity during May 2022 over the corresponding period of last year.
Industrial output grows 7.1% in April
The quick estimates for the index of industrial output stood at 135.1 for April 2022, compared to 126.1 seen during the corresponding month of last year.
66% Indian households hit by power outage amidst worst heat wave
The survey was conducted by community social media platform LocalCircles.
Power crisis looms large as 61% coal plants in critical coal shortage
Coal availability at 106 out of 173 coal fired power plants have turned 'critical', says data from the Central Electricity Authority (CEA).
Budget 2022: Power generation growth shows economy getting back on feet
Economic recovery and low base effect are poised to push power generation to its sharpest recovery in years.
