Govt to pay addl ₹22K crore to cover losses of Tangedco, says Thennarasu
The New Indian Express|June 27, 2024
ELECTRICITY Minister Thangam Thennarasu, after submitting the first policy note for Tamil Nadu Power Generation Corporation Limited (TNPGCL) and Tamil Nadu Green Energy Corporation Limited (TNGECL), said the state government is forced to pay an additional 22,000 crore in the current financial year 2024-25 due to the losses incurred by the power distribution company.
Govt to pay addl ₹22K crore to cover losses of Tangedco, says Thennarasu

During a discussion on grants for the energy department, he said, "The union government strictly instructs providing loss funding to discom to get an additional 0.5% borrowing based on GSDP. If this is not done, an equivalent amount will be deducted from the borrowing ceiling fixed by the union government."

Denne historien er fra June 27, 2024-utgaven av The New Indian Express.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

Denne historien er fra June 27, 2024-utgaven av The New Indian Express.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

FLERE HISTORIER FRA THE NEW INDIAN EXPRESSSe alt
Rain hits rescue ops in landslide-hit Karnataka, many still under rubble
The New Indian Express

Rain hits rescue ops in landslide-hit Karnataka, many still under rubble

SEVEN people died in Tuesday's landslide at Shirur in Uttara Kannada district, while many are still feared trapped under the rubble.

time-read
1 min  |
July 18, 2024
The New Indian Express

Nandyal rape: Two police officers suspended

KURNOOL range DIG Ch Vijaya Rao on Wednesday issued suspension orders against Nandikotkur Rural Circle Inspector O Vijaya Bashkar and Muchumarri SI R Jayasekhar in connection with the rape and murder of a minor girl in Muchumarri village of Nandyal district.

time-read
1 min  |
July 18, 2024
Siddharthan death: Inquiry panel finds major lapses by former V-C
The New Indian Express

Siddharthan death: Inquiry panel finds major lapses by former V-C

Report does not directly name SFI but says political activism could be a reason for death

time-read
1 min  |
July 18, 2024
The New Indian Express

Haveri farmer in dhoti denied entry to B'luru mall

A farmer from Haveri, who went to GT Mall in the city along with his wife and son on Tuesday evening to watch a movie, was denied entry.

time-read
1 min  |
July 18, 2024
The New Indian Express

Surge in agri land conversion as real estate booms in Puducherry

THERE has been a surge in online applications to convert agricultural land for industrial, commercial, and residential purposes, as the recent amendment to the Town and Country Planning Act has simplified land conversion rules, according to Puducherry Planning Authority (PPA) sources.

time-read
1 min  |
July 18, 2024
Biker falls into pit dug up for UGD in Vellore, hurt
The New Indian Express

Biker falls into pit dug up for UGD in Vellore, hurt

A motorist sustained minor injuries after he accidentally fell into a pit dug-up for underground drainage work opposite the mango market here on Wednesday.

time-read
1 min  |
July 18, 2024
Inflow to Mettur jumps from 4k to 21,520 cusecs, storage touches 47.7 ft
The New Indian Express

Inflow to Mettur jumps from 4k to 21,520 cusecs, storage touches 47.7 ft

Due to heavy rain in catchment areas and discharge of water from Karnataka dams, the inflow to the Mettur dam increased to 21,520 cusecs on Wednesday.

time-read
1 min  |
July 18, 2024
State records 88% excess rainfall in southwest monsoon
The New Indian Express

State records 88% excess rainfall in southwest monsoon

Orange alert for Nilgiris, ghat areas of Coimbatore on Thursday; Avalanche weather station records 34 cm of rain in 24 hours

time-read
1 min  |
July 18, 2024
Muharram procession held at Ervadi dargah after 10 yrs
The New Indian Express

Muharram procession held at Ervadi dargah after 10 yrs

MUHARRAM Santhanakoodu procession was held at the centuries-old Ervadi dargah, dedicated to saints Hasan and Husain, after a gap of 10 years on Wednesday.

time-read
1 min  |
July 18, 2024
The New Indian Express

83% electricity bills in TN paid via digital mode

DIGITAL payment of power bills has seen a significant uptick with about 83% of payments now being paid through that mode in TN, sources said.

time-read
1 min  |
July 18, 2024