LUCKNOW: It may not have been able to solve the power crisis this year, the UP Power Corporation Limited (UPPCL) has painted a rosy picture for the next year.

Lucknow: The Mayawati Government on Monday signed a memorandum of understanding (MoU) with the Ahmedabad-based Torrent Power, which will function as a franchisee for distribution of power in Kanpur and Agra cities in Uttar Pradesh.

Residents File PIL Against Memorial
Megha Suri & Neha Lalchandani

SAVING FOR TOMORROW | Despite the recent drop in prices there is need to conserve fuel. TOI brings some simple tips ranging from maintaining the engine to buying petrol that can help you save fuel and increase the efficiency of your vehicle at the same time. So, being smart can also save you money
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LUCKNOW: Invariably, it costs between Rs 80 and Rs 100. But how about a CFL worth Rs 15? That could be a possibility in case the power companies from Uttar Pradesh government make a serious representation before the Bureau of Energy Efficiency (BEE) under the Clean Development Mechanism (CDM).

The PHD Chamber of Commerce and Industry favours strict monitoring of infrastructure, energy and industry projects to give momentum to the growth of Indian economy for overcoming the adverse impact of slowdown.

It may be mentioned here that various projects involving a record outlay of Rs 2,49,362.95 crore in the Union Budget are to be taken up in the April-June 2009 fiscal quarter.

LUCKNOW: In a significant development, the Central Electricity Regulatory Commission (CERC) has pushed through an amendment in the Power Tariff

Regulation Act which translates into a major sop of about Rs 100 crore for the revenue starved UP Power Corporation Limited. But the bad news is that the benefits of the amendment may not be passed on to the power consumers in the state.

In an attempt to

LUCKNOW: The Ahmedabad based Torrent Power emerged as the highest bidder for the franchise system proposed for Kanpur. The company bid Rs 2.17 per unit as level rate for a period of 20 years.