Karnataka heading for fixed load-shedding

August 22, 2015

Bengaluru, Aug 22: The deficient southwest monsoon has led to reduced power production forcing the Sate to resort to scheduled load-shedding in the next few days.30BGPOWERCUT 1222570f

The State government may have directed Bengaluru Electricity Supply Company (Bescom) to ensure effective power supply till Saturday, the day of polling for the Bruhat Bengaluru Mahanagara Palike elections, but many areas of Bengaluru have been experiencing unscheduled power cuts for the past two days.

Bescom Managing Director Pankaj Kumar Pande, however, attributed them to local problems and denied that the company had resorted to load-shedding.

Kumar said the government had been drawing up a plan to conduct scheduled load-shedding, including in Bengaluru.

“Now that we have completed the process of power purchase from the open market, a plan will be chalked out for load-shedding in a day or two. It will be finalised based on the shortage and availability,” he said.

Meanwhile, escoms, including the Bescom, will spend an estimated Rs 3,400 crore to purchase power from the open market to tide over the power crisis resulting from the deficient monsoon.

They are expected to spend an estimated Rs 350 crore per month on short-term power purchases.

The Karnataka Electricity Regulatory Commission on Friday gave escoms the nod to purchase 1,000 mega watts (MW) of power at Rs 5.08 per unit till May 2016.

Currently, about 6,400 MW is available against the total requirement of 8,000 MW.

The power shortage is mainly to due to a decline in water levels of hydel reservoirs and recent outages at the Udupi Power Corporation Ltd and Ballari Thermal Power Station (BTPS).

The total capacity in the three major hydel reservoirs of Linganamakki, Mani and Supa is about 4,000 million units (MU) against 6,573 MU during the same period last year, said Additional Chief Secretary to the Energy Department P Ravi Kumar.

Due to these outages, the State is now generating hydel power at its full capacity of 40 MU, as against a normal of 12-14 MU during the monsoon season. The current storage at the reservoirs will be exhausted in about 100 days if this continues.

Of the two 500-MW BTPS units, one is under maintenance and another tripped on Thursday, said Karnataka Power Transmission Corporation Limited (KPTCL) Managing Director Jawaid Akhtar.

He added that the KPTCL had planned to procure 750 MW at Rs 5.08 per unit from this September 15 to May 2016.

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News Network
July 26,2020

Bengaluru, Jul 26: Today, one of the Co-founders of Infosys, SD Shibulal announced that over the last three days (22nd - 24th July) his family members have sold a portion of (representing approximately 0.20 per cent of the paid-up equity share capital) their holding in Infosys Ltd on the stock exchanges.

Proceeds from the partial stake monetization will be utilized for a combination of philanthropic and investment activities.

The sale was executed by Citigroup Global Markets India Private Limited as the Sole Broker.

The Founders, have served Infosys in various capacities, since its inception in 1981 until October 2014. Over the three decades, the Founders have nurtured the company transforming it into one of the professionally run companies in India with a global presence.

This press release is for information purposes only and is not an offer to sell, or a solicitation of an offer to buy, any of the shares described herein. The shares have not been and will not be registered under the US Securities Act of 1933, as amended (the "US Securities Act"), or in any state or other jurisdiction of the United States.

Securities may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements under the US Securities Act. 

There has not been and there will not be any public offering of the shares in the United States.

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News Network
May 12,2020

Bengaluru, May 12: People returning to Karnataka from other states will have to remain in quarantine">institutional quarantine even if they are asymptomatic, according to Department of Health and Family Welfare Services, Government of Karnataka

"All persons returning to Karnataka from any State, symptomatic or asymptomatic shall be kept in quarantine">institutional quarantine," read an order issued by the State Health and Family Welfare Services.

It further read, "For persons claiming to come from Goa, Deputy Commissioner of receiving district should verify and in the event of adequate capacity not being available, can put them in home quarantine for a period of 14 days, if the claim regarding the origin state is confirmed."

"Deputy Commissioner/Special Commissioner, BBMP will fix the rates for hotels where such returnees will be staying on a payment basis," the statement read.

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coastaldigest.com news network
May 6,2020

Mangaluru, May 6: Amidst preparation for the paid evacuation of Indians stuck in Gulf countries amidst coronavirus lockdown, the central government has announced that it would only do a medical screening of the passengers before the flight and only asymptomatic persons would be allowed to travel.

Each passenger will have to fill a self-reporting form to be presented at the health and immigration counter at their destination.

The passengers are required to state whether they are suffering from fever, cough, diabetes or any respiratory disease. This form is similar to the one filled by passengers landing in India during the early days of the COVID-19 outbreak.

As per the announcement by the government, returnees would undergo COVID-19 once they complete 14-day quarantine in a hospital or government –arranged institution on a payment basis.

However, the form asks the applicants to keep themselves isolated at home for 28 days unless they develop any symptoms such as fever and cough.

During the journey, they will have to follow the protocols such as those issued by the Health Ministry and the Civil Aviation Ministry. Applicants from the UAE are yet to receive instructions on these.

On reaching the destination, passengers will have to register on the Arogya Setu app, India’s mobile application for COVID-19 surveillance.

No physical distancing!

Air India Express (AIE) which is set to operate the first two flights to Kerala on Thursday will operate its Boeing 737-800 flights, with a seating capacity of 186 economy class seats.

With nine seats reserved for isolation, only 177 passengers would be flown, sources said.

While most of the UAE flights in the first week will be operated by the AIE, Air India will operate two of its Dreamliner aircraft with a seating capacity of 256 seats. These flights would also reserve some seats for isolation.

However, the plan has made it clear that the Indian government will not be following the rules of physical distancing to prevent the spread of coronavirus in the repatriation flights.

Several people, including the Chief Minister of Kerala Pinarayi Vijayan, expressed concern over flying passengers, who will not be tested for COVID-19, without observing physical distancing.

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