Centre gives nod, Eminent Ltd to take over UT’s electricity department by end of March, Feb 10, 2022

Powermen Union begins protest, threatens to launch indefinite strike from February 21 against privatisation moveThe union, which fears that powermen might lose their jobs, had announced a three-day strike on Tuesday against the privatisation and have threatened to launch an indefinite strike from February 21 onwards if the decision is not rolled back. The Union government has given its nod to Eminent Electricity D...

Torrent Power gets LoI to buy stake in Dadra and Nagar Haveli and Daman/and Diu Power Distribution Corp, Feb 10, 2022

  Torrent Power on Tuesday said it has received a Letter of Intent (LoI) to acquire 51 per cent equity stake in Dadra and Nagar Haveli and Daman/and Diu Power Distribution Corporation Ltd. The company is to be incorporated for holding assets of the Electricity Department, Daman and Diu and DNH Power Distribution Corporation Ltd related to electricity distribution business. It wil...

Industrialists offer PSPCL suggestions to with revenue requirements at public hearing in Ludhiana, Feb 9, 2022

  A public hearing by Punjab State Electricity Regulatory Commission was conducted on Tuesday, during which petitions filed by Punjab State Power Corporation Limited (PSPCL) and Punjab State Transmission Corporation Limited (PSTCL) for revised estimates of aggregate revenue requirement (ARR) and tariff determination/approvals for 2022-23 were taken up. The hearing, which saw different ...

Power privatisation: Dharna to be held in Sector 17 on February 15, Feb 8, 2022

  A dharna will be held at Sector 17 by Opposition parties, trade unions, public representatives and employees’ organisations against the privatisation of the UT Electricity Department on February 15. After this, a joint delegation of parties, farmer groups, residents’ welfare associations, trade unions and councillors will submit a memorandum to the UT Administrator, said ...

Powermen on 3-day strike from Feb 21,, Feb 8, 2022

The UT Powermen Union on Monday announced a three-day strike from 11 pm on February 21 against handing over the electricity department to a private company. On Monday, a seminar was organised against power privatization at Public Convention Centre in Sector 36-A Opposition parties, trade unions, public representatives and employees' organizations rallied against the decision. It was decided they will ...

Power Secy: Grants to discoms based on action plan progress, all states on board, Feb 8, 2022

All states are on board for the Centre’s Rs 3.03-lakh-crore discom reform scheme, Power Secretary Alok Kumar told The Indian Express, noting that the scheme had incorporated learnings from previous schemes aimed at reforming power distribution, which is often termed the weak link of India’s power sector. Kumar noted that power distribution companies (discoms) in most states and union territories h...

Coal India plans bulk exports for first time, Feb 6, 2022

   Coal India, the world's largest coal miner, plans to directly export output to neighbouring countries, according to sources and documents seen by Reuters, after decades of exclusively supplying domestic consumers. The state-run company plans to export to Bangladesh, Nepal and Bhutan, according to a draft policy sent to the secretary of coal ministry and reviewed by Reuters, a...

Power sector employees up in arms against attempts to ‘privatise’ Sri Damodaram Sanjeevaiah Thermal Power Station, Feb 5, 2022

  The main argument being advanced in favour of entrusting the O&M of SDSTPS to interested companies is that its variable cost of generation is high at ?3.14 per KWH     Employees of the Andhra Pradesh (A. P.) power utilities are seething with anger at the government’s decision to hand over the Operations & Maintenance (O&M) of Sri Damodaram Sanj...

Electricity Dept employees suspend indefinite strike after talks, Feb 3, 2022

Engineers and employees of the Puducherry Electricity Department have suspended their indefinite strike over the plan of the Centre to privatise the power sector. The strike which began on Tuesday was put off following talks with Chief Minister N Rangasamy on Wednesday. President of the Association of Engineers and the Workers P Velmurugan told PTI that the Rangasamy convened a meeting with the representatives of the...

Strike by employees hits power supply in Chandigarh, Feb 2, 2022

  Many areas in the city faced disruption in power supply as employees of the Electricity Department went on a one-day strike in protest against the privatisation of the department. Residents of Sector 33, 34 and 35 said there was no power supply in their area since noon and it could be restored only in the evening. As there was no electricity during the day, they could not even charge...