India extended a mandate to power plants to import coal until March as the driest August in more than a century pushed electricity demand to a record, putting a strain on supplies of the nation’s main generation fuel.Plants designed to run on domestic coal have been asked to import 4% of their supplies of the fuel through March to avoid outages, extending an earlier direction to buy from overseas until the end of this month, power secretary Pankaj Agarwal said in an interview.
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Saturday, September 2, 2023
What are ED's charges against Naresh Goyal
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Pakistan's business community on strike over inflated power bills
Pakistan's business community on Saturday observed a shutter-down strike across the country to protest against the inflated electricity bills and rising inflation.Rightwing Jamaat-e-Islami (JI) and traders' groups gave the call for protest and they got support from lawyers.Commercial activities were halted in Karachi, Lahore and Peshawar, as well as in other cities, while public transport was largely off the main roads.
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Adani Group rejects OCCRP report it used 'opaque' funds to invest
Adani Group claimed on Saturday that its stocks and financials were unaffected, just days after the Organized Crime and Corruption Reporting Project (OCCRP) reported that the family's business associates used 'opaque' cash to buy in stocks. Adani Group said the'misleading reports' had no significant impact on its business performance and that it remained in line with the law.
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Uday Kotak resigns as CEO, MD of Kotak Mahindra Bank
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India extends coal import mandate for power to avoid blackouts
India extended a mandate to power plants to import coal until March as the driest August in more than a century pushed electricity demand to...
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In today's dynamic and ever-evolving world, businesses play a pivotal role in driving economic growth, innovation, and societal develop...
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India extended a mandate to power plants to import coal until March as the driest August in more than a century pushed electricity demand to...
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Pakistan's business community on Saturday observed a shutter-down strike across the country to protest against the inflated electricity ...