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Monday, December 21, 2020

Discoms liable to pay up to Rs 1 lakh relief for outage

Distribution companies (discoms) will be liable to pay compensation of up to Rs 1 lakh for resorting to wanton blackouts and will have to deliver other services such as installing a new connection, replacing or shifting a meter and changing the load within stringent timelines under first-ever service rules and consumer rights for the power sector announced by the Centre on Monday.

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Industrial output grows 5.8% in FY24, slows a tad in March

Numbers released by the National Statistical Office on Friday showed the index of industrial production (IIP) rose an annual 4.9% in March, ...