New Delhi, June 3 (IANS) Pakistan is facing an acute energy crisis-cum-financial crunch that is getting worse and is likely to deteriorate further if the China-Pakistan Economic Corridor’s (CPEC) second phase is carried out as proposed, according to an article in Asia Times.Pakistan’s power sector circular debt stood at 1.89 trillion rupees ($6.7 billion) as of February, up nearly 200 billion rupees in just two months. Of that total, 543 billion rupees trace directly to CPEC power projects, …
Latest Electricity News & Updates
New Delhi, June 2 (IANS) The Government on Tuesday announced that it has approved the revision of the Base Year of Wholesale Price Index (WPI) from 2011-12 to 2022-23 and compilation of Producer Price Indices (PPIs).Accordingly the revised series of WPI inflation with base year 2022-23 will be released on June 15, which would replace the existing series of WPI with base year 2011-12, according to a statement issued by the Ministry of Commerce and Industry.In addition, the new series of Output Pr…
New Delhi, June 1 (IANS) India’s power consumption rose sharply by 11.55 per cent year-on-year (YoY) to 164.98 billion units (BU) in May 2026, driven by intense heatwave conditions that boosted the use of cooling appliances such as air conditioners and desert coolers across the country, according to official data.The country’s electricity consumption stood at 147.89 BU in May 2025, as per the data.Peak power demand also scaled new heights during the month, touching an all-time record of 270.82 g…
New Delhi, May 24 (IANS) Pakistan’s deepening energy crisis and rising burden of circular debt are the result of years of flawed policy decisions, expensive imported fuel dependence and weak regulatory oversight rather than the International Monetary Fund (IMF) alone, according to a strongly worded analysis examining the country’s power sector.The report cited by The Tribune Express argued that Pakistan’s energy sector problems worsened significantly after the Nawaz Sharif-led government r…
Gandhinagar, May 22 (IANS) Gujarat will install advanced Static Synchronous Compensator (STATCOM) systems at seven more substations across the state after the successful implementation of the technology at the Timbdi substation in Gir Somnath district, the state government said on Friday.Officials said the move is aimed at strengthening the state’s power grid, improving voltage stability and ensuring an uninterrupted electricity supply, particularly in regions with high agricultural demand.The…
Agartala, May 20 (IANS) Tripura Power Minister Ratan Lal Nath on Wednesday announced that the state government and the Tripura State Electricity Corporation Limited would provide rooftop solar panels for just Rs 1,000 to consumers using less than 50 units of electricity, with 1.5 lakh families already identified under the initiative. The Minister announced after launching the Rooftop Solar Photovoltaic System Handbook at Geetanjali Government Guest House here.Highlighting the benefits under the …
New Delhi, May 20 (IANS) The combined index of India’s eight core infrastructure industries increased by 1.7 per cent during April this year, compared to the same month of the previous year, with cement, steel and electricity recording a positive growth, according to data released by the Commerce and Industry Ministry on Wednesday.The final growth rate of the eight core industries for March was observed at 1.2 per cent. The cumulative growth rate of the index of eight core industries during Ap…
New Delhi, April 20 (IANS) The combined index of India’s eight core infrastructure industries declined 0.4 per cent in March this year compared to the same month of the previous year, according to data released by the Commerce and Industry Ministry on Monday.While the production of natural gas, steel, and cement went up during the month, the output of fertilisers, crude oil, coal, and electricity recorded a negative growth, according to a ministry statement.The final growth rate of the eight cor…
New Delhi, March 20 (IANS) The combined index of India’s eight core infrastructure industries increased by 2.3 per cent in February this year compared to the corresponding figure for the same month of the previous year, according to data released by the Commerce and Industry Ministry on Friday.The production of cement, steel, fertilisers, coal, and electricity recorded positive growth in February.Steel production recorded a 7.2 per cent increase in February over the same month of the previous …
New Delhi, Feb 28 (IANS) Fears that artificial intelligence could lead to massive job losses may be exaggerated, according to Amazon CEO Andy Jassy.Speaking in a media interview, Jassy said AI is more likely to reshape the nature of work rather than completely eliminate employment opportunities.Jassy acknowledged that many roles which have relied heavily on human labour for the past two to three decades may require fewer people in the future. However, he stressed that this does not mean jobs wil…