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Hyderabad: The legacy of Sardar Hari Singh Nalwa, who once stopped the Afghan forces at the Khyber Pass, is not merely history but a living inheritance, said Dr A. Tajinder Pal Singh Nalwa, his descendant. "If we could protect India from invasions then, we must now protect our children's minds from disintegration." Dr Nalwa was speaking to Sikh educators, community members, students, and lawyers at a seminar hosted by the Sikh Education Society at Guru Nanak High School Lecture Hall. Presided ...Read More >
Nagpur: Adani Power has finally taken over Anil Ambani-led Reliance Group's power plant at Butibori for Rs4,000 crore. The acquisition was formally completed on Tuesday. Originally built for captive supply of cheap power to industries in Butibori and nearby areas, the power plant ended up catering to Mumbai before it ran into trouble.Reliance company, Vidarbha Industries Power Limited (VIPL), had set up a 600MW (2 units of 300 MW) capacity generation plant at Butibori over a decade ago. The plan ...Read More >
New Delhi: Allied Engineering Works, a leading smart energy meter manufacturer, has filed draft papers with SEBI to raise funds through an Initial Public Offering (IPO). The offering includes a fresh issue of shares worth Rs 400 crore and an Offer for Sale (OFS) of 75 lakh equity shares by promoter Ashutosh Goel, according to the Draft Red Herring Prospectus (DRHP) filed on Saturday. Use of IPO Proceeds The company plans to use the IPO proceeds mainly to expand its production infrastructure. A ...Read More >
SHIMLA, Jul 4: Over 37 people have died and ₹400 crore worth of property has been damaged as torrential rains once again disrupt life across Himachal Pradesh, according to the State Disaster Management Authority. The India Meteorological Department (IMD) has issued a rain alert for the State until July 7. According to the Himachal Pradesh State Disaster Management Authority and the Revenue Department, the State has suffered damages amounting to more than ₹400 crore due to incessant monsoon rain ...Read More >
New Delhi: India's power sector added a net capacity of about 6.9 GW in April and May, most of it in the renewable energy space. Data from the Central Electricity Authority showed 6.45 GW of renewable energy capacity was added in the first two months of this financial year. This is more than double the 3 GW of renewable energy capacity added in the corresponding months of 2024-25. About 700 MW of nuclear power capacity and 200 MW of large hydro capacity were also added in April and May. No th ...Read More >
Kolkata: Luxmi Group, owner of the iconic Makaibari Tea Estate, has acquired a majority stake in UK-based Brew Tea Co. Brew Tea deals exclusively with orthodox tea and has both an online and offline presence in the UK.Luxmi Group acquired an 80% stake in the company, while the remaining 20% remains with the existing promoters. After Tetley and Typhoo, this acquisition marks another British tea company being acquired by an Indian corporate, though it may not be of the same magnitude.Brew Tea Co w ...Read More >
CHENNAI: Planning to build your dream home? Be prepared to shell out a hefty sum just to get a temporary electricity connection, followed by high bimonthly power bills. Besides rising construction material costs, those constructing individual houses are feeling the pinch from steep electricity charges. In the last four years alone, the cost of availing a temporary power connection has nearly doubled due to repeated hikes in miscellaneous charges, the latest of which came into effect on July 1. ...Read More >
Patna: Four private power companies that included Adani Power, JSW Energy, Torrent Power and Bajaj Energy's Lalitpur Power have shown interest in setting up a 3x800 MW thermal power plant at Pirpainti, Bhagalpur in Bihar. It will be the largest private sector investment in power sector in Bihar with a whopping investment of approx. Rs 28,000 crore rupees for the project. Under the project, three plants- one each of 800 MW capacity totalling 2400 MW- will be set up at Pirpainti as part of the T ...Read More >
New Delhi, Jun 6 (PTI) Multi Commodity Exchange of India Ltd (MCX) on Friday said it has received approval from markets regulator Sebi to launch electricity derivatives. The electricity derivatives contracts to be introduced by MCX will help power distribution companies, and large consumers to hedge against price volatility and manage price risks more effectively, by enhancing efficiency in the power market, the commodity bourse said in a statement. Also Read | How To Activate Your UAN Online? ...Read More >
New Delhi: NTPC Group achieved fastest ever 350 Billion Units (BU) generation on 20th January 2025 in FY 2024-25. This milestone is achieved in just 295 days, which is 11 days earlier as compared to the last financial year. In FY 2023-24, the company had crossed 350 BU generation on 31st January 2024. This accomplishment reinforces NTPC's commitment to delivering reliable and affordable power to the Nation. While NTPC has an installed capacity of 76.5 GW, 29.5 GW capacity including 9.6 GW Rene ...Read More >
Bengaluru : TPCODL, a joint venture of Tata Power and the Government of Odisha, has unveiled a state-of-the-art Power Distribution Technology Centre in Bhubaneswar today, marking a transformative leap in distribution network management and operational excellence. The centre was inaugurated by Shri K. V. Singh Deo, Hon'ble Deputy Chief Minister, Government of Odisha, in the esteemed presence of the Shri Manoj Ahuja, Chief Secretary, Government of Odisha; Dr Praveer Sinha, CEO&MD, Tata Power; Mr ...Read More >
Andhra Pradesh is reviewing government files and will explore if it is possible to cancel a power supply contract linked to the Adani Group, whose billionaire founder has been indicted in the United States, a top official told Reuters. U.S. authorities have charged Gautam Adani and seven others with agreeing to pay bribes of $265 million to unnamed Central government officials to obtain solar power-supply contracts in Odisha, Tamil Nadu, Chhattisgarh, Andhra Pradesh and the federal territory of ...Read More >
US authorities have charged Gautam Adani and seven others for allegedly agreeing to pay bribes of $265 million to unnamed Indian government officials to secure solar power-supply contracts in Odisha, Tamil Nadu, Chhattisgarh, Andhra Pradesh and Jammu and Kashmir between 2021 and 2022. According to the US indictment, most of the alleged bribes, amounting to $228 million, were paid to a government official to get Andhra Pradesh's electricity companies to buy power. However, Adani has denied the a ...Read More >
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