Page 5 - Summer

TMS Ep395: IPCC final warning, extreme summer, gold stock, T-bills

What is IPCC's 'final warning' on global warming? Is India ready for an extreme summer? Will gold glitter in the near term? What are T-bills, and what does inversion of yield mean? Answers here

Indian industries stock up on coal to avoid shortages during summer

The fear of disruptions to mine output when monsoon rains begin a couple of months later is also a factor

Hotter summer likely in 2023; above normal temp in most parts: IMD

A hotter than normal summer is expected in 2023 with temperatures likely to reach 2-3 degree celsius above normal in some parts of Indo-Gangetic plains and eastern India during the last week of March, the India Meteorological Department (IMD) told a high level meeting on Tuesday. At the review meeting, chaired by Cabinet Secretary Rajiv Gauba here, the IMD said above normal maximum temperatures are likely over most parts of northeast, east and central India and some parts of northwest India. Temperatures could be 2-3 degree celsius above normal in some parts of Indo-Gangetic plains and eastern India during last week of March, the IMD informed the meeting convened to review preparedness for the ensuing summer and mitigation measures. The cabinet secretary noted that since a hotter than normal summer is expected, states and union territories need to be adequately prepared to meet the associated challenges, according to an official release. The IMD made a presentation on the global ..

Searing summer on the cards, all eyes on reservoirs, grain storage

Reservoir levels lower than last year but higher than 10-yr average; ample elbow room in grain storage for now

Madhya Pradesh's peak power demand in April-May may touch 13,800 MW

Peak power demand in Madhya Pradesh is expected to touch 13800 megawatt (MW) during summer, a rise of 1300 MW from the corresponding period last year, a senior official said on Friday. The power demand is expected to touch 13800 MW in April and May, when summer will be at its peak, and efforts were on to ensure unhindered supply to consumers, MP Power Management Company chief general manager FK Meshram told PTI. "A review meeting chaired by MP Energy Department Principal Secretary Sanjay Dubey was held for unhindered supply. The meeting was held at Shakti Bhawan here. Last summer, the peak power demand was 12500 MW," Meshram informed. "MP gets power from state-owned thermal & hydel units, as well as non-conventional sources like solar, atomic power units and from the central sector. Power companies are fully prepared to provide 24-hour electricity to domestic consumers and for 10 hours to agricultural consumers this summer," he said. Power distribution companies have been asked to

For summertime business, food products firms flock to rural India

Dabur said that a long summer would be good for products, particularly its beverages and glucose portfolio

R K Singh launches portal to ensure availability of power amid peak season

Union Power Minister R K Singh has launched a portal to ensure greater availability of power during the peak demand season at a price higher than the ceiling of Rs 12 per unit by certain category of sellers. The central government has launched a High Price Day Ahead Market (HP-DAM) and Surplus Power Portal (PUShP), a power ministry statement said. Earlier in February, power regulator CERC had approved the HP-DAM segment where power can be sold at a price as high as Rs 50 per unit. HP-DAM will aid stranded gas and imported coal-based power plants to generate and sell expensive power to meet the high peak demand in summers which is expected to touch 239 GW this season. Besides, the new segment will also ensure availability of electricity through an expensive battery energy storage system. The Union Minister said that only those generating capacities which have a cost of producing power of more than Rs 12 per unit would be allowed to operate in HP-DAM. If the cost of production is l

Water levels in reservoirs likely to add more heat, shows data

Levels below last year but higher than 10-year avg

Take proactive actions, ensure no load shedding during summer: R K Singh

The government has asked power companies to ensure that there is no load shedding during the summer season and urged all stakeholders to take proactive actions to meet the rising electricity demand. Union Power Minister R K Singh chaired a review meeting on March 7, with senior officials from Power, Coal and Railways ministries on various aspects in a bid to meet high electricity demand in the ensuing summer months. During the meeting, Singh asked power companies to ensure that there is no load-shedding during the summer months, a power ministry statement said. He asked all stakeholders to closely monitor the situation and take proactive actions to meet the electricity demand during the coming months. He also asked the Central Electricity Authority to ensure that a fair and transparent mechanism is devised for allocation of coal to various States/UTs. As per estimates of the Central Electricity Authority, the peak electricity demand is expected to be 229 GW during April this year.

Orient Electric expects good growth from fans, coolers as summer approaches

As summer sets in with predictions of harsh temperatures, CK Birla firm Orient Electric expects a good growth in revenue in FY24 from its fans and cooler business, MD & CEO Rakesh Khanna said. With summer approaching, Orient Electric Ltd (OEL) expects a "natural drift" in growth coming from the fan segment, housing segment and the replacement market. "Lighting will also grow well for us as in B2B, we are growing fast. Coolers, in the last three years, have faced headwinds because of COVID and this is the first year after COVID... Summer is likely to be very good, so cooler is going to do very well," Khanna told PTI. Asked about early trends from its dealers and channel partners, he said for cooler, growth is taking place. "For fan, January was muted but now it is taking off." OEL operates in consumer durables, lighting and switchgear products. In 2021-22, its revenue from operations was Rs 2,448 crore. It has two segments, Electrical Consumer Durables (ECD), which contributed 73 .

Rising heat across parts of India raises alarm on another energy crunch

Peak demand for electricity touched 211 gigawatts in January, close to an all-time high last summer when heavy industry roared back from pandemic curbs

Early summer to boost white goods, premium segment to grow in double digits

Most firms anticipate high demand for ACs, refrigerators, coolers and fans, and are running at full production capacity to ensure they have enough inventory to meet demand

Severe heatwave likely in parts of Delhi; max temperature around 45 degrees

The weather office has forecast mainly clear skies with heatwave conditions at most places while severe heatwave conditions are predicted in isolated areas of the national capital

Govt revises wheat production estimate downwards by 5.7% to 105 mn tonnes

The lowering of estimates has been attributed to "early summer"

India's heat waves, power outages testing the limits of human survival

Multiple regions of India have already been edging close to critical wet-bulb temperatures over the past week

What is a heat wave?

May is the month when heat waves are brutal in northern India. The weatherman has said that mercury will soar further this week. But what exactly is a heat wave?

Delhi reels under heatwave, minimum temperature settles at 25.8 deg C

The minimum temperature in Delhi settled at 25.8 degrees Celsius, a notch above the season's average, on Sunday

Maximum temperature to rise 2-3 degrees Celsius in Tamil Nadu: IMD

In Vellore, the mercury touched 41.3 degrees Celsius, while in Karur it was 41.6 degrees, Tiruchi 40.7 degrees and Tiruttani 40.6 degrees

Air coolers to beat the heat and maintain room freshness wherever you are

Not only are air coolers cheaper than ACs, but also more energy efficient and easier to maintain. Some varieties are portable and most enable user mobility as well

Delhi may witness heatwave conditions during day; max temp at 42 degrees

The national capital is likely to witness heatwave conditions during the day, with the maximum temperature settling around 42 degrees Celsius, the India Meteorological Department said on Monday.