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
March 23,2020

Kasaragod, Mar 23: With 19 more positive cases reported on Monday, surveillance against people coming out of their houses and wandering around in public places has been intensified in the district.

With today's addition, the total number of positive cases of Novel Coronavirus (COVID-19) has increased to 38 in Kasaragod.

There will be total restriction in place for the public to step out of their houses. Those who are found outside on the streets would be arrested, caution the district authorities. Please log in to get detailed story.

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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
March 25,2020

Bengaluru, Mar 25: The COVID-19 count in Karnataka went up by 10 on Wednesday, reaching 51. The 10 new positives included two girls aged seven and nine who contracted the infection from their father.

The 34-year-old man had returned from Amsterdam on March 19 and tested positive as the 17th confirmed case in Karnataka.

Though his family were kept in isolation and under quarantine in their house, the children developed a cold. They were confirmed for COVID-19 infection while their mother is still negative.

The government remained tightlipped over whether or not a 70-year-old woman from Gouribidanuru who was put under house quarantine and died on Wednesday morning, tested positive for COVID-19. Government officials would neither confirm nor deny anything on the results of tests on the woman.

This evening’s bulletin issued by the Karnataka health department continued to indicate the strong correlation of coronavirus infection and foreign travel.

Among the positive cases identified today were

A 63-year-old Bengaluru man and his 59-year-old wife, with a history of travel to Brazil and Argentina.
Two 26-year-old men with a history of travel to Spain and arrived back in Bengaluru via Dubai.
Two others, a 63-year-old woman and her 69-year-old husband, had a history of travel to Athens and London.
A 34-year-old man, a resident of Udupi, who returned from Dubai
A 37-year old woman, a resident of Chitradurga, with a history of travel to Guyana and arrived back in Bengaluru via Delhi
Speaking to the media, medical education minister K Sudhakar said health officials were apprehensive the positives may go up tonight.

Of the corona positive cases detected in Karnataka so far, three have been discharged after quarantine, and 47 patients are in isolation at designated hospitals in a stable condition. There has been one fatality.

As per a recommendation by the high-level health committee, the government has decided to convert the Bowring Hospital into a coronavirus treatment hospital facility along with the Rajiv Gandhi Hospital for Chest Diseases and Victoria Hospital. 

“The number of positive cases are growing at an alarming rate and the government needs more treatment facilities. The government is for burning of COVID-19 death cases. However, due to some religious practices, it has been decided they would be buried in 8 ft deep pits,'' Dr Sudhakar said.

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