Gå ubegrenset med Magzter GOLD

Gå ubegrenset med Magzter GOLD

Få ubegrenset tilgang til over 9000 magasiner, aviser og premiumhistorier for bare

$149.99
 
$74.99/År

Prøve GULL - Gratis

Discom spent addl ₹13K cr to buy more power than okayed in '23-24

The New Indian Express

|

May 05, 2025

TAMIL Nadu Power Distribution Corporation Limited (TNPDCL) purchased 82,906 MUs of electricity at a cost of ₹55,754 crore in 2023-24 while Tamil Nadu Electricity Regulatory Commission (TNERC) had approved the purchase of only 73,730 MUs for ₹42,575 crore.

- S GURUVANMIKANATHAN

Discom spent addl ₹13K cr to buy more power than okayed in '23-24

This resulted in an excess procurement of 9,176 MUs and an additional expenditure of ₹13,179 crore.

According to the recent True-Up order given on April 30, the discom was allowed to purchase 40,686 MUs from central generating stations but managed to get only 37,661 MUs. On the other hand, it exceeded the limit in other areas. While TNERC had approved 1,961 MUs from independent power producers (IPPs) at ₹1,094 crore, the discom purchased 4,236 MUs at ₹2,938 crore—an additional expenditure of ₹1,844 crore.

FLERE HISTORIER FRA The New Indian Express

The New Indian Express

The New Indian Express

Reliance halts imports of crude oil from Russia following US sanctions

RELIANCE Industries has halted imports of Russian crude oil at its Jamnagar refinery in Gujarat with effect from November 20, Reuters reported on Thursday, citing a company spokesperson.

time to read

1 min

November 21, 2025

The New Indian Express

Public sector banks' asset quality improves, Q2 bad loans fall to decadal low

PUBLIC sector banks saw robust recoveries and upgrades, and lower fresh slippages coupled with higher write-offs and sales to asset reconstruction companies (ARCs) in the second quarter of the current financial year (Q2FY26).

time to read

1 mins

November 21, 2025

The New Indian Express

Markets hit 52-week high on India-US talks, foreign capital inflows

DOMESTIC equity benchmarks -the BSE Sensex and NSE Nifty50 scaled fresh 52-week highs in Thursday's intraday trade as optimism over India-US trade talks and stellar quarterly performance by global tech giant Nvidia buoyed market sentiment.

time to read

1 mins

November 21, 2025

The New Indian Express

The New Indian Express

30% of Kubota's agri biz revenue comes from South

FARIDABAD-based tractor manufacturer and agri-solution provider Escorts Kubota Ltd (EKL) said its tractor brand Kubota generates 25% revenue for the company, whereas Powertrac tractor generates 15% from the Southern region.

time to read

1 min

November 21, 2025

The New Indian Express

RBI doesn't have official level for rupee: Guv

RESERVE Bank Governor Sanjay Malhotra on Thursday reiterated the official stance on the valuation of rupee and said it does not have any official level for the local currency.

time to read

1 mins

November 21, 2025

The New Indian Express

M&M targets 8x auto revenue rise this decade

MAHINDRA & Mahindra aspires to be the world's fastestgrowing sports utility vehicle (SUV) brand and set a target for an eight-fold growth in consolidated revenue this decade.

time to read

1 min

November 21, 2025

The New Indian Express

The New Indian Express

TPG invests $1 br in TCS's AI data centre business

TPG will have a final shareholding between 27.5% and 49% in HyperVault venture

time to read

1 mins

November 21, 2025

The New Indian Express

The New Indian Express

The art of inheritance

With his new collection, Inheritance, Ashdeen Lilaowala pushes Parsi gara embroidery into modern wardrobes

time to read

3 mins

November 21, 2025

The New Indian Express

The New Indian Express

Junior Kushwaha surprise pick in Nitish's 10th as CM

JANATA Dal (United) chief Nitish Kumar on Thursday took the oath as Bihar chief minister for the 10th time at Patna's historic Gandhi Maidan in the presence of Prime Minister Narendra Modi, Union home minister Amit Shah, several Union ministers and chief ministers of BJP-ruled states.

time to read

1 min

November 21, 2025

The New Indian Express

SC's "opinion" may not affect 2-judge ruling on 10 TN bills

THE “opinion” provided by the five-judge Constitution bench of the Supreme Court on the Presidential Reference regarding the powers of Governors and the President regarding assent for bills will not affect the earlier judgment of a two-judge bench of the court that granted \"deemed assent\" to 10 TN Bills that faced prolonged delays from Governor R N Ravi, at least two senior counsels and a retired judge told TNIE.

time to read

2 mins

November 21, 2025

Listen

Translate

Share

-
+

Change font size