Karnataka stares at power crisis in next 20 days

April 25, 2016

Bengaluru, Apr 25: Drastic depletion of water in Karnataka's reservoirs is set to hit power generation, making the state vulnerable in the simmering summer.

According to Bescom and KPTCL officials, the hydel reservoirs in the state will last for just 20 days while thermal generation stations, already under stress, are also staring at depleting water levels in their reservoirs.

karnatakaelectricity

Bengaluru needs 2400-2500 MW, which is 49% of the total power generated in the state. Bescom is already facing a shortage of 100-150 MW because of damage to an underground cable. Bescom and KPTCL are striving to fix the problem. Officials said it could take another 10 to 15 days to restore the underground cable. Every day, Bescom is receiving about 2,500 complaints, mostly from Bengaluru, because of the technical snag.

But the bigger challenge for both the companies will be to manage the power demand and supply in wake of water crises. “The water (for power generation) in the dams will last only for 20 days. About 1200 MW is generated from Sharavathi and Linganamakki, of which 1000 MW is from Sharavathi. If these stop, then there will be power crisis in Bengaluru and state. We are waiting for rains,” the official said.

Recently, Energy Minister D K Shivakumar admitted before the media that unless there is rainfall, there will be power crises in the wake of water shortage across the state.

However, Additional Chief Secretary (Energy) K Ravi Kumar maintained that there will be no power crisis in the city and state. “We have water to manage till June 15. There is water for drinking and also power generation. Water supply is stopped for irrigation. In case of thermal stations too, there is no problem as water will be released from Tungabhadra and Narayanapura dams,'' he maintained.

Comments

priyanka
 - 
Monday, 25 Apr 2016

all difficulties must be tolerated by the people of karnataka, CM, and other politicians has 24x7 supply of all the facilities.

jeevan
 - 
Monday, 25 Apr 2016

what? water crisis is happening all over in between power cut, karnataka govt should stop selling power to the other states.

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February 2,2020

New Delhi, Feb 2: Budget 2020 announcement that insurance behemoth LIC will be listed was well received by market participants who said this will be "IPO of the decade" akin to the Saudi Aramco listing.

Finance Minister Nirmala Sitharaman on Saturday said Life Insurance Corporation (LIC) will be listed as part of the government disinvestment initiative.

A "highlight of the budget is the LIC IPO, which is akin to the Saudi Aramco listing for Indian capital markets, and will be IPO of the decade," Vijay Bhushan, President, Association of National Exchanges Members of India (ANMI) said.

According to Krishna Kumar Karwa, Managing Director, Emkay Global Financial Services, the LIC IPO will be a big positive for corporate governance and transparency and will open up one more avenue for fund raising for the government over the years.

Metropolitan Stock Exchange, Interim CEO, Balu Nair said: "The LIC listing will be eagerly awaited by investors and will provide huge fillip to capital raising through the primary market." The government proposes to sell a part of its holding in LIC through an initial public offer, Sitharaman said while presenting Budget 2020-21.

"The government will sell part of LIC through its listing in the stock market which is also a positive trigger for the market," Amit Gupta, CO-Founder and CEO, TradingBells.

Jaideep Hansraj, MD and CEO of Kotak Securities said listing of LIC would help bridge a gap in the Fiscal Deficit for FY21.

Currently, the government owns the entire 100 per cent stake in LIC.

Saudi Aramco shares were listed in December last year.

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News Network
March 1,2020

Udupi/Mangaluru, Mar 1: A total of twenty leaplings were born in the hospitals of the Udupi and Dakshina Kannada (DK) districts on Saturday, February 29, district health department said on Sunday.

According to the district health department, sixteen babies were born in DK district while Udupi district saw four births. More boys than girls were born in DK (12–4) and it was the inverse in Udupi district (3–1).

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News Network
March 30,2020

Mangaluru, Mar 30: Police on Monday registered a case against a man, who, after return from Dubai, had failed to adhere to lockdown guidelines of house quarantine.

The case was filed by Assistant Commissioner, Puttur, Dr Yathish Ullal.

The man, who returned from Dubai on March 21, had a seal on his hand and was supposed to stay at home for 14 days, but was seen roaming around the city, hence he was taken into custody and a case registered.

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