-Live Mint Tariffs reach at least Rs.4 per unit in many states, finds analysis, amid efforts to bail out state discoms Indian domestic consumers in 16 states are paying at least `4 per unit for power and in some cases even more, according to an analysis, thus giving the lie to the long-held axiom that raising tariffs is nearly impossible in India given the political compulsions. The finding also shows conclusively that...
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President gives his assent to anti-rape bill
-The Times of India President Pranab Mukherjee has given his assent to the tougher anti-rape bill, bringing into force the new legislation which provides for stringent punishment for rapists and repeat offenders and makes provisions of strict punishment for offences like stalking, voyeurism, disrobing and acid attacks. Presidential assent to the Criminal Law (Amendment) Bill, 2013, came on Tuesday - just two days before the February 3 Ordinance on the issue was...
More »Adani Power lifeline may set precedent -Utpal Bhaskar and Maulik Pathak
-Live Mint CERC calls for a variable ‘compensatory tariff' to be offered to Adani Power till fuel situation stabilizes In an unprecedented move, India's apex power sector regulator offered a bailout package to Adani Power Ltd in a late Tuesday order to offset losses on account of the unexpected increase in the prices of imported coal and the unavailability of domestic coal for the company's 4,620 megawatts (MW) thermal power project at...
More »CAG rips into Delhi govt for messing up services, utilities
-The Times of India The report of the comptroller and auditor general (CAG) on the Delhi government for the year ended March 2012 is a scathing indictment of many departments and public utilities. Healthcare, transport, power, water and sewage and even showcase infrastructure projects and schemes have been put under the lens and the picture that has emerged is not all that pretty. The report was tabled in the Delhi assembly...
More »India gets a new anti-rape law as President signs the Bill-Arunima
-CNN-IBN President Pranab Mukherjee on Wednesday signed the Criminal Law Amendment Bill which gives India a strong anti-rape law. The Criminal Law Amendment Bill was earlier passed by the two Houses of Parliament. The massive public anger and uproars following the December 16 gangrape of the Delhi braveheart forced the drafting and eventual passing of this new Bill. The Criminal Law (Amendment) Bill, 2013 was moved in the Rajya Sabha by Home Minister...
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