Top Section
Explore Business Standard
Don’t miss the latest developments in business and finance.
Cuba blames the crisis on US sanctions, which complicate financial transactions and the purchase of fuel
Brazil's federal government on Monday established a three-day deadline for power distributor Enel to restore service to more than 400,000 households in Sao Paulo's metropolitan area who remain in the dark, energy minister Alexandre Silveira said in a news conference. The outage started Friday evening due to a short but powerful storm, and with the city's mayoral race in full swing, it sparked a blame game. Candidate Guilherme Boulos and allies are accusing incumbent Mayor Ricardo Nunes of failing to take preventive action, while others, including Nunes, are calling for the country's regulating agency to punish Enel. The federal government, meanwhile, is launching an audit of the power regulator's inspections of the utility. Silveira told reporters that he is in favor of terminating Enel's contract, due in 2028, but that would depend on due process. He added that the company "would not be so neglectful" if it faced the risk that its concession would be terminated. No matter what the
The data is also masking some of the progress by the world's top greenhouse gas emitter in reducing the share of coal
Delhi Airport, India's busiest, handles roughly 1,270 scheduled flights daily, according to aviation analytics firm Cirium
India's weather office has forecast more heat-wave days than normal between April and June this year, potentially boosting power use and generation further
Moscow's goal is to disable Ukraine's power system via the same means as last year, Energy Minister German Galushchenko said in an emailed statement
Output from plants running on fossil fuels rose 11.2 per cent, the quickest growth in over three decades, thanks to a 12.4 per cent surge in electricity production from coal
State-owned power giant NTPC on Thursday crossed the 300 billion units (BU) mark of electricity generated during the current fiscal year. As of January 5, 2023, NTPC has recorded a PLF (plant load factor or capacity utilisation) of 73.7 per cent, compared to 68.5 per cent during the corresponding period in FY22, against the overall all India PLF of 63.27 per cent, a company statement said. The public sector undertaking has registered generation of 300 BU of electricity in 279 days, as of Thursday. The company achieved the 300 BU accomplishment a month before it had crossed the same mark in FY22, it added. In 2021-22, the company had crossed the 300 BU generation mark in 300 days on February 5. The company has recorded generation of 295.4 BU during April-December 2022, registering a growth of 11.6 per cent over the previous year. The NTPC group has installed capacity of 70,824 MW. Recently, the company crossed 3 GW of renewable energy capacity.
Like India, multiple lower middle income countries face power outages
"The thermal power plants in future shall operate up to the technical minimum to accommodate cheaper renewable energy when it is available," the ministry said in the letter dated May 26.
'We should all take a call so that electricity shortage should not come to anyone, anywhere. Electricity should be there and it should be at a reasonable rate', FM said
The third part of a series captures the travails of tanneries from ground zero
Electricity outages and curbs have spread across more than half of all states and the nation's coal-dominated energy system is expected to come under further strain
The hottest March in more than a century has heralded an early start to summer, increasing power consumption by air conditioners and refrigerators.
The power regulator DERC has turned down city discoms' request to allow them to relinquish 98 Mega Watt of power allocation from three generation plants of NTPC, official sources said on Wednesday.
Goldman slashes its Q3 growth forecast to 0%, from 1.3% earlier
Brent crude up nearly 20% in the past month and hit a 3-yr high on Tuesday
Impact on IIP likely even as some economists believe consumer goods might tone it down to some extent. Core sector accounts for 40.27% of IIP
In the second half of August, electricity generation declined 4.5%, compared with a 2.6% increase during the first fifteen days of the month.
Power generation from coal - India's primary source of electricity - rose 4.2% in the first fifteen days of August, the data showed