Monday, September 07
India's power regulator on Monday asked grid operators to crack down on renewable energy projects that fail to meet technical standards, warning that persistent violators could be disconnected to protect grid stability.The Central Electricity Regulatory Commission (CERC) said repeated non-compliance with low-voltage and high-voltage ride-through norms by solar and wind plants had caused generation losses and frequency dips during fault events.Low-voltage and high-voltage ride-through are grid safety requirements that ensure wind and solar plants stay connected during sudden voltage dips or spikes caused by faults, instead of tripping offline and worsening grid disturbances.The case underscores growing concerns over grid security as India accelerates renewable capacity additions to meet its
ET Intelligence Group: Aggregate year-on-year net profit growth returned to double digits in the September quarter, as expected after a single-digit increase in the prior quarter. With momentum strengthening, overall profit growth for a sample of 2,857 companies accelerated to a six-quarter high of 15.2%, helped by a lower base of 4.1% in the year-ago quarter and a double-digit advance by select companies in sectors including automobiles, cement, capital goods and oil and gas. Revenue grew at a five-quarter high of 8.6% after dipping to a seven-quarter low of 6.4% in April-June. Revenue grew 7.7% in the year-ago quarter. Overall performance is expected to be stronger in the December quarter amid festive cheer and the wedding season, which is likely to keep consumer demand buoyant. GST c
Thailand has reversed its afternoon alcohol ban just days after stricter rules took effect, reopening sales between 2 p.m. and 5 p.m. from early December, as per a Bloomberg report. The measure will run as a six-month pilot and could be extended beyond mid-2026, Public Health Minister Pattana Promphat told reporters after a meeting of the liquor control committee. Reversal aims to support tourism The U-turn follows strong objections from the tourism sector and bar owners. Although the afternoon prohibition dates back to 1972, it had mainly applied to retail shops. Authorities attempted to enforce it more widely this month, drawing criticism from businesses already facing a slowdown in foreign arrivals. The government’s latest decision comes as Thailand prepares for the holiday season. To
