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Keeping the lights on: How India manages its power demand

On May 21, India's power grid hit a number it had never seen before. Demand crossed 270 gigawatts, peaking at 270.73 GW. To put that in context, the entire installed power capacity of the United Kingdom is roughly 80 GW.

Times of India 2d ago

Government raises Rs 20,000cr via disinvestment, asset sale

Over two months into the financial year, the Centre has raked in around Rs 20,000 crore from disinvestment and asset sales, pushing ahead with its strategy to raise resources through non-tax revenue route in face of the mounting subsidy bill due to the West Asia conflict. The funds raised so far are around 25% of the full-year target. Already, the fertiliser ministry has sought doubling of subsidy in the current fiscal, budgeted at Rs 1.7 lakh crore, with govt also urging domestic players to...

Times of India 10h ago