electricity
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Business
Go Green Faster: Government Simplifies Rooftop Solar Installations
New Delhi, India: Consumers across India can expect faster and easier access to electricity connections and rooftop solar installations, thanks to recent amendments approved by the government. These changes, announced by Power and New & Renewable Energy Minister R.K. Singh, aim to empower consumers and simplify processes. Key Highlights: Faster Connections: Timelines for obtaining new connections have been drastically reduced: 3 days…
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Business
Adani Electricity announces cash tender offer to buyback up to USD 120 Mn bonds
Adani Electricity Mumbai Limited launches cash tender offer up to USD 120 million of the outstanding USD 1,000 million senior secured notes due 2030. Company will fund tender offer through internal accruals and cash surplus. Purpose is to demonstrate strong financial stability and liquidity position of the company. Buyback will stabilize current yields, which are distorted in volatile market…
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State News
Former CM Kumaraswamy Settles Hefty Fine for Illegal Electricity Connection
Bengaluru: Former Karnataka Chief Minister HD Kumaraswamy recently found himself in a bit of a tight spot, having to cough up a fine of Rs 68,526 slapped on him by BESCOM for an illegal electricity hookup. It turns out that Kumaraswamy allegedly tapped into a street light pole to power up his residence for Deepavali decorations. In response, Kumaraswamy paid…
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Politics News
Congress alleges HD Kumaraswamy stole the electricity to decorate his house, former CM offers clarification
Bengaluru:In a turn of events, the Congress party has accused former Chief Minister HD Kumaraswamy of electricity theft in connection with the festive decoration of his JP Nagar residence for Diwali. The party posted a video alleging that Kumaraswamy’s house was directly connected to an electric pole for the decorative lights, calling it a “tragedy” that a former CM would…
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State News
Karnataka Sees Soaring Electricity Demand: A 43% Surge in 2023, Government Decides to Provide 7 Hours of Power to Farmers
In a review meeting of the Energy Department chaired by Chief Minister Siddaramaiah, several key highlights regarding the state’s electricity demand and supply were discussed. And the highlights of meeting are: Rapid Increase in Electricity Demand Compared to 2022, the year 2023 has witnessed a substantial 43% increase in the average electricity demand. The month of October recorded an impressive…
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Hubballi-Dharwad
Dharwad District’s Daily Electricity Demand, 5 Million Units – Minister Lad Urges Precautionary Measures to Prevent Power Outages
Dharwad: In line with state government directives, farmers in the region are receiving a dedicated six hours of high-quality electricity – four during the day and two at night – emphasized District in Charge Minister Santosh Lad. He stressed the significance of efficient utilization, particularly by sugarcane and paddy growers, despite limited rainfall in the district. To ensure power availability,…
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State News
Kannada Rajyotsava: Karnataka Government to Provide Free Electricity and Water to State Schools
The Chief Minister of Karnataka, Siddaramaiah, has made a significant announcement regarding government schools in the state. He declared that these schools will now receive free electricity and water services. This announcement came during his speech at the Kannada Rajyotsava program, where he had hoisted the Kannada flag at Kantirava Stadium. Chief Minister Siddaramaiah emphasized his government’s dedication to enhancing…
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