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Power situation improves in state
With power situation improving following good rains, Karnataka minister for energy K S Eshwarappa today said urban areas would get 22 hours of supply a day from August one, while load-shedding in rural ones would be to the extent of 14 hours. In Bangalore, the Bangalore Electricity Supply company (Bescom) has said it would make all efforts to provide 24-hour power supply, he told reporters here. Rural areas would get power supply for five hours in case of single-phase and five hours for irrigation purpose (IP sets) which means they would face load-shedding for 14 hours.

India Eco Summit: Global M&A to see an upswing: Deloitte
Devika Banerji / New Delhi November 11, 2009, 0:33 IST

News of the day

Bhupesh Bhandari: Headhunters feel hunted
That the market for jobs has improved is fairly well known by now. What is perhaps not so well known is that the improvement has been good enough for headhunters (they like to call themselves executive search firms) to get back in business. Some of them say business has rebounded to the pre-crash levels of 2008. Most of them are hiring at senior levels — people who can get business. Korn/Ferry has restored salary cuts for all partners. EMA Partners is in the process of opening an office in Hong Kong.
Management

OERC stays OPTCL order to limit drawal by industrial users

The Orissa Electricity Regulatory Commission (OERC) has stayed the operation of the load restriction order issued by the Orissa Power Transmission Corporation Ltd (OPTCL) to restrict the drawal of industrial load up to 10 Mw. It has issued notice to the State Load Despatch Centre (SLDC), OPTCL, Grid Corporation of Orissa (Gridco) and the Orissa government to file their replies before OERC within 7 days. - JSL steps up power supply to state grid - OERC asks govt to file response on REL reply within 3 weeks - No change in retail power tariff - Gridco plans to buy 500 MW from CPPs All the distribution licensees have been impleaded as respondents in the matter and directed to submit their submission on this issue. Hearing a petition filed by M/s Ferro Alloys Corporation Ltd. (FACOR) against the load restriction imposed by OPTCL, the commission stayed the operation of the order with immediate effect, pending disposal of the petition. OERC, in its order, stated that imposing restriction to limit the drawal within 10 Mw across the industrial consumers without considering their survival load is arbitrary and unjust. So it should be withdrawn immediately. FACOR pleaded that unless the order of OPTCL is stayed immediately, all EHT (Extra High Tension) industries in the state will face irreparable loss. It further argued that its unit located at Randia (near Bhadrakh) can not operate at reduced load of 10 Mw (against the contract demand of 34 Mw) due to minimum requirement of continuous operation of single furnace. Staying the operation of the order of OPTCL, the commission warned that violation of the stay order will not only attract penalty under the section 142 of the Electricity Act, 2003 but also criminal prosecution under section 146 of the above act. The order of the OERC comes as a bolt from the blue for the state government which is suffering from power shortage due to drop in hydro electricity generation following receding water levels in the reservoirs. The state government, meanwhile, has issued orders under section 11 of the Electricity Act, 2003 to all the captive generating plants (CGPs) to maximise power generation and inject power to the state grid.


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