Assam Floats Tender for 25 MW of Solar Projects at Namrup Thermal Power Station

Assam cabinet nod for Rs 190 cr power purchase subsidy

The Assam cabinet on Friday decided to extend a power purchase subsidy of Rs 1.90 billion to a state-owned utility to avoid a hike in tariff in the financial year 2022-23 and provide relief to consumers.

During the meeting, chaired by Chief Minister Himanta Biswa Sarma, the cabinet gave its nod to the proposal to provide the subsidy to Assam Power Distribution Company (APDCL).

In a bid to boost power generation, it also approved the 24-MW Karbi Langpi Middle II Hydro Project at Rs 3 billion, state Minister Jayanta Malla Baruah told reporters after the meeting.

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Jindal Steel & Power's Q4 Profit After Tax Doubles to Rs 9.33 Bn

Jindal Steel & Power Limited (JSPL) has reported a remarkable achievement in its financial performance for the fourth quarter, with its profit after tax (PAT) doubling to Rs 9.33 billion. This significant growth underscores the company's robust operational performance and strategic initiatives, reflecting its resilience and adaptability in the competitive steel and power sectors.

The doubled PAT for the fourth quarter is a testament to JSPL's effective management strategies and operational efficiency. It signifies the successful execution of the company's growth plans and its ability to..

India's Peak Power Demand to Surge

India is bracing for a substantial increase in peak power demand this May, with the Power Ministry forecasting a daytime peak of 235 GW and an evening peak of 225 GW. This surge underscores the country's escalating energy needs amid rising temperatures and economic activities.

The anticipated peak demand is significantly higher than previous records, reflecting the growing consumption patterns driven by urbanisation, industrial activities, and increased usage of air conditioning. The Ministry's projections are based on data from the Central Electricity Authority (CEA), which monitors a..