Lucknow, May 30 (IANS) The Uttar Pradesh Power Corporation Limited (UPPCL) has formally notified a 10 per cent Fuel and Power Purchase Adjustment Surcharge (FPPAS) on electricity bills for June, a move that will affect consumers across all categories in the state.The surcharge has been imposed to recover the additional expenditure incurred on power procurement and transmission costs in accordance with regulations framed by the Uttar Pradesh Electricity Regulatory Commission.According to an order…
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New Delhi, April 29 (IANS) Commerce and Industry Minister Piyush Goyal said on Wednesday that India is among the globally best performing countries in climate action and having already achieved its renewable energy target eight years ahead of schedule, the country is now aiming for a 500 GW clean energy capacity by 2030.In his keynote address at the ‘Advancing Resilience with Climate Change’ dialogue here, the minister highlighted India’s strong performance in achieving Intended Nationally…
New Delhi, March 19 (IANS) India added a record 52,537 MW (520.51 GW) of generation capacity from all sources during FY26 (up to January 31), marking the highest ever capacity addition in a single year, surpassing the previous record of 34,054 MW achieved in FY25, the government has said.The capacity addition included 39,657 MW from renewable energy with 34,955 MW of solar and 4,613 MW of wind capacity, lifting the total installed capacity to 520.51 GW, according to an official statement.The gov…
New Delhi, Jan 1 (IANS) KP Group, an Indian renewable energy company, has signed a memorandum of understanding with the Government of the Republic of Botswana to work together on large renewable energy projects, including power generation, energy storage and transmission infrastructure.Under the agreement, KP Group and the Government of the Republic of Botswana will jointly develop renewable energy and related infrastructure projects with an estimated investment of around $4 billion.The projects…