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Business Economy


Competition can reduce power tariffs: Parl panel

New Delhi, Mar 11 (UNI) Acknowledging the fact for higher tariffs due to dip in Plant Load Factor (PLF) of thermal power plants below 60 per cent last year, the Parliamentary Panel on Energy is in favour of promoting competition in the sector which would lead to availability of cheaper power and the companies which follow it, would survive while rest will perish.
The panel-headed by BJP MP Virendra Kumar were apprised that though the tariff is higher for long term PPA, electricity is available in power exchanges at much lower prices. The situation encourages Discoms not to go for a long term PPA, but fulfil their demand by short power purchase as much as possible.
Besides, the committee also noted that several power plants are running 0-40 per cent of PLF.
The Power Ministry stated that due to huge upcoming renewal energy capacity, it is possible that the PLF of thermal power plants could go as low as 50 per cent or even below.
The panel was of the view that in a free business model, only those power plants will survive which will be able to sell electricity at cheaper rate.
The panel also desired that the ministry should ensure that this transition should take place without harming and discouraging further investment in the sector.
UNI ASH SHK 1348
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Caltech CTME and Simplilearn to Launch Online Post Graduate Program in Cloud Computing

16 Jul 2020 | 9:10 PM

BANGALORE, July 16, 2020 /PRNewswire/ -- Caltech CTME (Center for Technology and Management Education) announced its collaboration with Simplilearn, a global provider of digital skills training, to offer a specialized Post Graduate Program (PGP) in Cloud Computing. The learning program, which comprises 300+ hours of study, prepares professionals for a career as a Cloud Architect, Cloud Consultant, or Cloud Engineer. Upon successful completion of the program, learners will receive a Caltech CTME Post Graduate certificate. This program follows our recently launched and already popular Post Graduate Program in DevOps. These programs offer learners around the globe access to world-class trainers and the work-ready tools and methods needed in today's professional world.

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Quectel and Broadcom cooperate to launch superior performance dual-band sub-meter level GNSS positioning module for eMobility

16 Jul 2020 | 9:07 PM

SHANGHAI, July 16, 2020 /PRNewswire/ -- Quectel Wireless Solutions, the leading global supplier of cellular and GNSS modules announced today the release of its LC29D module. The LC29D is a sub-meter level GNSS module that integrates dead reckoning (DR) and multi-band (L1/L5) real-time kinematic (RTK) algorithm technologies with fast convergence times and reliable performance. The module supports dual-band GNSS raw data output and integrates 6-axis IMU sensor to deliver high-accuracy positioning performance in seconds.

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NuggMD now provides medical marijuana telemedicine services in Ohio

16 Jul 2020 | 9:06 PM

CLEVELAND, July 16, 2020 /PRNewswire/ -- NuggMD, the nation's leading medical marijuana telemedicine platform, is now providing telemedicine services to patients in Ohio for $139.

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Cyient Attains Gold Status in the Esri Partner Network

16 Jul 2020 | 9:04 PM

HYDERABAD, India, July 16, 2020 /PRNewswire/ -- Cyient, a global engineering and technology solutions company, today announced that it has attained Gold partner status in the Esri Partner Network. The company received recognition for its robust and continued investment in achieving Esri's ArcGIS Online, Release Ready and Utility Network Management Specialties. With this designation, Cyient joins an exclusive list of companies that have reached Esri Gold Partner status globally.

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NASSCOM joins hands with 12 global technology industry associations to applaud success of industry in addressing COVID-19

16 Jul 2020 | 9:01 PM

Kolkata, Jul 16 (UNI) In an industry first, the twelve major independent regional organizations representing the Technology and Business Services Sector across the world have united to
launch The Global Technology and Business Services Council (GT&BSC- https://gtbsc.org).

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