Andhra Pradesh purchased 1,047.78 million units power in April

06 May 2022 CW Team

Andhra Pradesh Government paid Rs 36.24 crore in March and Rs 34.08 crore in April as an average cost in electricity procurement per day. To solve the power crisis in the state, it bought 1,268.69 million units power in March, for Rs 1,123.74 crore, while in April, the state purchased 1,047.78 million units power for Rs 1,022.42 crore.

In order to cater the rising demands, the state has announced agreements with Solar Energy Corporation of India to procure 45 mu power in three phases in three years: 18 mu in first and second phase each, and nine mu in the third.

The state government has directed the AP GENCO-run plants with maximum efficiency and ensure the plant load factor capacity to run at 85 percent, so that quality power can be given at low cost.

As per reports the state has also started the pilot phase of the agricultural connections scheme to cater the power situation, the direct benefits transfer (DBT) which was successfully implemented in Srikakulam district. Under the DBT, the government deposits the entire amount towards electricity bills in farmers’ accounts, which will then pay for the power utilities.

In 2020-21 fiscal year, 101.51 million units were consumed by 26,083 individual connections in the district; in 2021-22, the number of connections increased to 28,393, but the power consumption was only 67.76 million units. According to officials, the remaining amount was saved due to reforms in the power sector and the DBT scheme.

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..