CERC
fines UP Power Corpn for grid violation
New Delhi: The Central Electricity Regulatory Commission
(CERC) has imposed a fine of Rs1 lakh on the Uttar Pradesh
Power Corporation (UPPCL)for continuous violation of grid
code norms. The CERC acted on a petition by the Northern
Region Load Dispatch Centre (NRLDC), and also appointed
an adjudicating officer to look into other complaints
received from northern region constituents against the
UPPCL.
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DD
barred from airing West Indies series
New Delhi: The Supreme Court has restrained Prasar
Bharati from airing the West Indies cricket matches. The
SC passed the order on an application by Ten Sports, seeking
to restrain Prasar Bharati from downlinking the live feed
of the matches.
Hence
Doordarshan viewers will not be able to watch the upcoming
India-West Indies Test and One-day International series
also.
The
court has also prohibited DD from taking any coercive
measures to interfere in the live feed of the series by
Ten Sports, which has the exclusive right to telecast
the matches.
The Dubai-based channel argued that if the matches were
simultaneously telecast on Doordarshan, it would suffer
a huge loss. Ten Sports pointed out that it had already
sold distribution rights to Set Discovery, which would
have the right to licence throughout the country.
With this order the current spat over the telecast of
the events, starting on May 18, is over.
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Center
lowers grain output base of 2004-05
New Delhi: In a major jugglery of figures the agriculture
ministry has drastically scaled down the foodgrain production
estimate for 2004-05 by 6 million tonnes to show a 5.8
per cent output growth in the succeeding year that is
2005-06.
This is likely to result in an upward revision of the
8.1 per cent GDP growth estimated for 2005-06.
The latest crop production estimates for 2005-06 (including
last kharif and the current rabi), issued today by the
agriculture ministry, put the total foodgrain production
at 210 million tones marking an increase of 11.6 million
tonnes, or 5.8 per cent, over the downwardly revised figure
of 198.36 million tonnes for 2004-05.
The previous estimates (fourth advance estimates for 2004-05
released on February 22) had put the 2004-05 grain output
at 204.6 million tonnes. The ministry has not explained
why the estimate has been lowered by as much as over 6
million tonnes.
The ministry has similarly slashed the wheat output estimate
for 2004-05 by over 3.4 million tonnes, from 72 million
tonnes to 68.6 million tonnes, to claim nearly 3 million
higher wheat production in the current rabi. It has now
projected the current rabi's wheat output at 71.5 million
tonnes, against the earlier estimate of 73 million tonnes.
Analysts say, while this year's wheat output figures could
tally with the latest reports from the wheat growing areas,
the drastic reduction in the 2004-05 output estimate is
logical. If the harvest that year was merely 68 million
tonnes, a procurement of above 14 million tonnes would
not have been possible, the analysts pointed out.
Going
by today's estimates, the total foodgrain output in the
current rabi (now being marketed) has been 100.2 million
tonnes, against 101 million tonnes projected in February.
But, to show an output push of over 5 million tonnes over
the previous season, the last rabi's production estimate
has been lowered from 101 million tonnes claimed earlier
to merely 95 million tonnes now.
But the estimates for kharif foodgrain production last
year have been kept almost unchanged at 103 million tonnes
though for the current year, these have been revised upwards
from 108.1 million tonnes projected in February to 109.8
million tonnes now.
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Biotech
park stone laid near Hyderabad
Hyderabad: The Andhra Pradesh Chief Minister, Dr
Y.S. Rajasekhara Reddy, has laid the foundation stone
for Phase III of Biotech Park at Karakapatla in Medak
district to come up in a 414-acre site. The first two
phases of the Shapoorji Pallonji Biotech Park spread over
400 acres have been completed and 23 biotech companies
have commenced operations.
Fourteen
international biotech companies have established operations
in the cluster over the last one year and several others
such as Nektar Therapeutics and United States Pharmacopoeia
have decided to move in to the Genome Valley. Albany Molecular
Research Inc, Mithros Chemicals, Chanelle Pharmaceuticals
and NND Biomedical Data Systems, are others to commence
operations. The Andhra Pradesh Industrial Development
Corporation (APIDC) Venture Capital has launched Biotech
focused Venture Capital Fund with a seed capital of Rs10
crore.
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