CBAM, slated to be operationalized in 2026, will entail import levies on carbon-intensive goods like steel, cement, and electricity, determined by the embedded carbon dioxide emissions in their production processes.
Mumbai (Maharashtra) [India], February 10: Tata Power, one of the largest integrated utilities in the country, continues its growth momentum, with the Company reporting its 17th consecutive quarter of PAT growth.
According to a press release by Tata, the company reported a Profit After Tax (PAT) of Rs 1,076 crore, marking a significant growth trajectory and extending its streak of consecutive quarterly PAT growth to a remarkable 17 quarters.
The price hike was announced after the NEPRA completed a hearing of a petition by the Central Power Purchasing Agency (CPPA) that demanded a hike in electricity tariffs under monthly adjustment for December 2023.
The India Cellular and Electronics Association (ICEA) welcomed the duty cut on various mobile parts by the central government and stated that low input tariffs were key to transforming India into a global hub for electronics manufacturing and exports.
Israel's Electricity Authority approved the updating of energy production and storage tariffs in order to encourage the construction of solar production facilities with a capacity of 100-630 kilowatts.
Over 15,000 industrial workers on Wednesday held a protest march in Tamil Nadu's Coimbatore, demanding the state government roll back the power tariff hike, peak hour charges, fixed charges and mukti point demand.
The CPPA, in its application, has submitted that the total electricity generated with various fuels in November was recorded a 7,547 GWh, for PKR 7.1704 per unit. The total cost of energy was PKR 54,113 million, The Express Tribune reported.
A bill was introduced in the Lok Sabha that provides for giving immediate effect for a limited period to provisions in bills relating to the imposition or increase of duties of customs or excise, with or without change in tariff classification
In a strategic move to alleviate the impact of a 15% tariff increase, the Jammu and Kashmir Power Development Department (PDD) has announced the withdrawal of Electricity Duty (ED) in its revised power tariff, said Rajesh Prasad, Principal Secretary Power Development Department.