‘T.N.’s energy consumption reachs a new peak of 430.13 million units’

‘T.N.’s energy consumption reachs a new peak of 430.13 million units’

Thangam Thennarasu | Photo Credit: R. RAGU Electricity, Finance and Human Resources Management Minister Thangam Thennarasu said the State’s energy consumption had reached a new peak of 430.13 million units on Tuesday. In a post on X (formerly Twitter), he said the power supply had been smooth and arrangements had been made to meet any … Read more

Govt. plans to make Telangana self-reliant in energy by 2030: Dy. CM Bhatti

Govt. plans to make Telangana self-reliant in energy by 2030: Dy. CM Bhatti

Deputy CM M. Bhatti Vikramarka at solar power panel production unit on the outskirts of Hyderabad on Friday. Deputy Chief Minister M. Bhatti Vikramarka, who also holds the portfolios of Finance and Energy, on Friday said that the government was focusing on generation of alternative (renewable) energy to meet future needs in the State and … Read more

FPIs change course, buy over Rs 9,000 cr of Indian equities in Nov

FPIs change course, buy over Rs 9,000 cr of Indian equities in Nov

Mumbai: Overseas investors bought Indian equities worth more than ₹9,000 crore in November, reversing two consecutive exit runs in the previous two months, as a decline in energy prices and stable US yields burnished the allure of risk assets in Emerging Markets. Experts believe the trend will continue as India’s economic growth is likely to … Read more

COP28 President-designate praises India for its energy transition vision

COP28 President-designate praises India for its energy transition vision

United Arab Emirates Minister of Industry and Advanced Technology and CEO of ADNOC Sultan Al Jaber. | Photo Credit: REUTERS COP28 President-designate Dr. Sultan Al Jaber on November 12 praised India, the current hosts of the Presidency of the G20, for its energy transition vision even as he acknowledged the critical need for a “new … Read more

Michael Anastassiades’ love of light

Michael Anastassiades’ love of light

Michael Anastassiades | Photo Credit: special arrangement When Michael Anastassiades visited India last December, to be part of a panel with Studio Mumbai’s Bijoy Jain at the AD Design Show 2022, he had said, “People feel very insecure in the absence of light.” So, when I got a chance to speak with him, we discussed … Read more

State looking to regain top slot in wind energy with policy initiatives: Tangedco chief

State looking to regain top slot in wind energy with policy initiatives: Tangedco chief

(From left to right) D V Giri, Secretary General, IWTMA; Rajesh Lakhoni, IAS, CMD, Tangedco; H.E. Freddy Svane, Danish Ambassador to India; Hansraj Verma, IAS, Chairman and Managing Director of Tamilnadu Industrial Investment Corporation; Dinesh Jagdale, Joint Secretary, Ministry of New and Renewable Energy; SP Murali, General Manager, Sales and Marketing, ZF Winfpower Tamil Nadu is … Read more

Truant monsoon jacks up energy consumption by 46% in June-Aug. period

Truant monsoon jacks up energy consumption by 46% in June-Aug. period

The long dry spell stretching over three weeks in different parts of the State has forced farmers to draw groundwater, wherever possible. | Photo Credit: NAGARA GOPAL With nearly 66% average rainfall deficit recorded in August in Telangana, both demand for power on the transmission system and energy consumption have shot up to unprecedented levels … Read more

Power stocks surge amid policy push to drive demand for energy

Power stocks surge amid policy push to drive demand for energy

Mumbai: Power stocks were among the top gainers on Tuesday, riding the bullish momentum in the past month, as investors bet that the government’s increased thrust on manufacturing would boost the demand for energy. The BSE Power Index, which gained 10% in the last month, rose 1.5% on Tuesday. Analysts believe the favourable government policies … Read more

US stock market: Dow leads Wall Street higher as investors eye beyond tech

US stock market: Dow leads Wall Street higher as investors eye beyond tech

The Dow Jones Industrial Average led Wall Street higher on Monday and notched its longest winning streak in six years as investors bet on sectors beyond technology in a week filled with earnings reports and a Federal Reserve meeting. “What you’re seeing now is people broadening the breadth of the market,” said Randy Frederick, managing … Read more