News 
The Tamil Nadu Electricity Board (TNEB) is all set to complete the unbundling process . The transmission company registered in June this year is expected to become operational from December 15. TNEB now awaits the registration of its generation and distribution wings and the holding company.While the generation and distribution company would be known as Tamil Nadu Generation and Distribution Company Ltd (TNGENDISCO), the holding company will be called TNEB Ltd. "We are awaiting government orders. Once we get it, we will register the companies. The consultancy firm appointed to look at the auditing and transfer of assets and liabilities has submitted its report," said a senior TNEB official.
The proposed raise in power tariff by UP Power Corporation Limited (UPPCL) has not gone down well with consumer groups. The UP Rajya Vidyut Upbhogta Parishad has condemned the move claiming that it is being done for the benefit of franchisee. The hike is already being considered as a positive move b...
The West Bengal government is considering setting up a 1600MW thermal power plant on the land in Singur that in 2007 was leased to Tata Motors Ltd for a small car project, according to two state government officials. The power plant will be built by West Bengal Power Development Corp. Ltd (WBPDCL), ...
The Bombay Stock Exchange (BSE) is working to transform its business model. It may be India's oldest stock exchange, but with a brand new management team, the BSE is looking to revamp the way it trades by diversifying into products other than equities.
Tamil Nadu Government has implemented the recommendations of Sixth pay commission for employees and officers of Tamil Nadu Electricity board (TNEB) with a 40% hike in wages and allowances. The tamil Nadu Government announced revision in pay and allowances ranging from Rs 1400 to Rs 19510 per month a...
According to MERC order, all educational institutions will now come in the LT II (low tension II) category. This means they have been included in the commercial category. The move has irked most institutions and school managements are worried that the mounting bills will force them to raise students...
ON THE upcoming Children's Day, November 14, the birth anniversary of former Prime Minister Jawaharlal Nehru, the Centre would launch a National Solar Mission. Dr Farooq Abdullah had said that, India was planning a major thrust in the sphere of renewable energy sources, especially solar and wind ene...
Power-distribution companies (discoms) in New Delhi will now have to pay a heavy price for unjustified load-shedding. For the first time in India, the Delhi Electricity Regulatory Commission (DERC) has decided to penalise discoms for unnecessary power cuts. If the load shed is over 1 per cent of the...
Orissa Chief Minister Naveen Patnaik sought a special package with an allocation of Rs 525 cr from the Thirteenth Finance Commission (TFC) for three additional sectors to accelerate the pace of development in the State. Naveen met commission chairman Vijay Kelkar in Delhi on Tuesday and discussed th...
The Central Electricity Regulatory Commission (CERC) has asked the Union ministry of power to provide separate budget allocation for state load despatch centres (SLDC). State governments exercise indirect control over SLDCs to ensure that there is no open access of electricity for other states. This...
State-run power utility NTPC today started receiving natural gas from Reliance Industries' (RIL) eastern offshore KG D-6 fields at the government-approved price of $4.2 per mmBtu price. NTPC's Anta plant in NCR region this morning started receiving 0.6 million standards cubic meters per day of KG D-...
