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
May 30,2020

Mangalore, May 30: The first chartered flight to the city of Mangalore, Karnataka in South India is scheduled to depart from the Ras Al Khaimah airport of UAE on June 1.

The SpiceJet flight, chartered by Praveen Shetty, chairman of the Fortune Group of Hotels and president of the Karnataka non-Resident Indian Forum (KNRI), will repatriate 105 staff members of the hotel group, who have been placed on leave, according to a statement issued here on Saturday.

Consul General of India to Dubai Vipul confirmed the reports and said the flight, which will depart at 0945 hrs, will carry home a total of 180 passengers.

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coastaldigest.com news network
July 10,2020

Mangaluru, Jul 10: A 58-year-old official of the Central Industrial Security Force (CISF) has died due to the coronavirus infection, taking the death toll in the paramilitary force because of the disease to nine, officials said on Friday.

Assistant Sub Inspector K B Premsha, posted in the CISF unit that guards the Mangalore Refinery and Petrochemicals Ltd (MRPL), passed away at a local hospital on Thursday, they said.

He was admitted to the hospital on July 5 with fever. His COVID-19 test report arrived on July 7 and it was positive. Premsha breathed his last on Thursday, officials said. He was a resident of Kodagu in Karnataka.

This is the ninth COVID-19 death in the force that has recorded 1,137 cases till now, according to an official data.

Of the total cases reported in the force so far, 410 are under treatment across the country, nine have died and the rest have recovered, officials said.

They said that 20 personnel tested COVID-19 positive on Friday while 22 have recovered over the last 24 hours.

The about 1.62-lakh strong CISF is the national aviation security force guarding 63 airports at present and it is also tasked to guard vital installations in the aerospace and nuclear domain.

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News Network
January 14,2020

Bengaluru, Jan 14: Days after the Reserve Bank of India (RBI) capped to Rs 35,000 the withdrawal limit of Sri Guru Raghavendra Co-operative Bank, BJP MP Tejasvi Surya on Monday reassured account holders and said Finance Minister Nirmala Sitharaman was personally monitoring the issue.

Taking to Twitter, Surya said, "I want to assure all depositors of Sri Guru Raghavendra Co-operative Bank to not panic. Hon'ble Finance Minister Nirmala Sitharaman is appraised of matter and is personally monitoring the issue. She has assured the government will protect interests of depositors. Grateful for her concern."

The Bengaluru South MP also attached a letter in his tweet where he had appraised Sitharaman of the situation.

"Finance Minister, after speaking with the RBI governor and other authorities concerned, assured Surya that the government will do everything in its capacity to protect the interests of the depositors and the long term interests of the bank," the letter read.

It said that Surya also reached out to Sitharaman "three times on January 13" after which she reassured him that the "depositors need not panic".

RBI had, on January 10, imposed certain restrictions on Sri Gururaghavendra Sahakara Bank Niyamitha.

"In particular, a sum not exceeding Rs 35,000 of the total balance in every savings bank or current account or any other deposit account may be allowed to be withdrawn subject to conditions stated in the above RBI directions," the notification said.

The regulatory body said that the bank will continue to undertake banking business with restrictions until its financial position improves.

"These directions shall remain in force for a period of six months from the close of business of January 10 and are subject to review," it said.

The bank has been restricted from granting or renewing any loans and advances, make any investment, incur any liability including borrowal of funds and acceptance of fresh deposits, disburse or agree to disburse any payment whether in discharge of its liabilities and obligations or otherwise, enter into any compromise or arrangement and sell, transfer or otherwise dispose of any of its properties or assets except.

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