THERE IS LIGHT AT THE END OF THE TUNNEL: PRIVATE SOLUTIONS TO A PUBLIC PROBLEM
Article Abstract:
Karnataka State is losing industrial investment due to power deficit of 20 percent. The high tariff charged on industrial consumers has resulted in increase in captive power generation. The State Government has decided to add 1,000 mw of power to the existing capacity in the next three to four years. It is planning to announce a new tariff policy, which will help the industrial consumers. The Karnataka State has a hydel power potential of 7,750 mw and only 3,000 mw has been tapped till now. During 1998- 99, 21,077 million units of power is available in the State. Of this, the irrigation pump (IP) sets consume 46 percent, industries 31 percent, domestic consumers 17 percent and others six percent. The industrial consumption has declined to 24 percent in 1998-99 and IP sets consumption increased to 51 percent. The State Government has signed memoranda of understanding with independent power producers (IPPs) for purchase of 2,700 mw of power. The IPPs' projects will be completed in three to five years time. Karnataka Power Corporation Ltd (KPCL) is adding 210 mw of power from its Raichur Thermal Power Station (RTPS) in 1998-99. KPCL plans to add 100 mw from its Kadra project and 130 mw from Kodasalli in 1999-2000. It will also add 240 mw from Gersoppa project in 1998-99 and 240 mw in 2000-01. Bidadi project will account for 400 mw of power in 2000-01. (rk)(psr)
Comment:
Karnataka State is losing industrial investment due to power deficit of 20 percent.
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1999
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GOING FLAT
Article Abstract:
The capacity of the domestic caustic soda industry grew by 20 percent to 2.29 million tonnes in 1997-98 from 1.91 million tonnes in 1996-97. But the domestic consumption has increased by only 3 percent. This has affected the industry with the price of flakes being quoted at Rs8,000 per tonne against Rs14,000 a year ago and lye at Rs14,000 per tonne against Rs28,000 last year. The increase in power tariffs has also affected the industry as power accounts for 70 percent of the total cost of production. (khr)
Comment:
India: Domestic caustic soda industry capacity grows by 20% to 2.29 mil tonnes in 1997-98 from 1.91 mil tonnes in 1996-97
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
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FORD PLANS 80% INDIGENISATION IN 1 YR
Article Abstract:
Ford India Ltd, a subsidiary of Ford Motor Company of the US, has decided to localise 10 percent of the engine assembly at its Maraimalainagar plant near Chennai, which will help it to achieve an 80 percent indigenisation level for its new car by the end of the first year. The facility, scheduled to be commissioned in November 1999, will have an initial capacity to produce 50,000 cars per annum. The plant will begin operations with a 70 percent local content for the company's new car, codenamed C195. (khr)
Comment:
Ford India Ltd, a subsidiary of Ford Motor Company of the US, has decided to localise 10 percent of the engine assembly at its Maraimalainagar plant near Chennai, which will help it to achieve an 80 percent indigenisation level for its new car by the end of the first year.
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1999
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