Consumption of fuel, a proxy for oil demand, totalled 18.67 million tonnes, data from the Indian oil ministry’s Petroleum Planning and Analysis Cell showed. India’s fuel consumption in June rose by 17.9% from a year earlier, government data showed on Friday, as demand in the world’s No.3 oil consumer headed back towards pre-pandemic levels. Global […]
Maha consumers to pay more for electricity as fuel adjustment charges go up – EQ Mag Pro
The Maharashtra Electricity Regulatory Commission (MERC), the sector regulator, has approved discoms’ requests for accumulated fuel adjustment charges (FAC), which will result in higher payouts. Nearly all the electricity users across categories in Maharashtra will be paying more for every unit of electricity they consume over the next four months, power utilities said on Friday. […]