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utility

Torrent Power’s Rs 3,500 cr QIP over subscribed 4 times

by Mark McDuffie
Torrent Power’s Rs 3,500 cr QIP over subscribed 4 times

Torrent Power on Monday said its Rs 3,500 crore qualified institutional placement (QIP) issue was oversubscribed four times. The issue received bids of about Rs 14,000 crore against the base …

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Torrent Power’s QIP opens today. Co sets floor price at Rs 1,555.75

by Mark McDuffie
Torrent Power’s QIP opens today. Co sets floor price at Rs 1,555.75

Torrent Power on Monday announced opening of its qualified institutional placement (QIP) issue and the company has set the floor price at Rs 1555.75 per equity share. The issue price …

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PG&E bills could hop higher in 2026 due to plans tied to nuclear plant

by Merchant Moller
PG&E bills could hop higher in 2026 due to plans tied to nuclear plant

OAKLAND — PG&E monthly electricity bills might hop higher due to a plan to keep the Diablo Canyon nuclear power plant operating long-term along a scenic and pristine stretch of …

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PG&E bills head higher again — but earlier decreases ease sting

by Mark McDuffie
PG&E bills head higher again — but earlier decreases ease sting

OAKLAND — PG&E bills are heading higher this month in yet another round of rising electric and gas costs — but decreases during the summer have eased some of the …

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Texas gov. slams Houston utility as power outage continues

by Merchant Moller
Texas gov. slams Houston utility as power outage continues

By Jim Vertuno and Nadia Lathan | Associated Press AUSTIN, Texas — The majority of Houston outages that followed Hurricane Beryl should be fixed within the next two days, the …

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Pace of Bay Area inflation eases a bit — electricity costs still soar

by Mark McDuffie
Pace of Bay Area inflation eases a bit — electricity costs still soar

Despite skyrocketing electricity costs, the inflation rate in the Bay Area eased a bit. But even with signs of improvement, consumer prices continued to climb, rising faster than the national …

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Houston utility won’t have all power restored until next week

by Shen Ridenbaugh
Houston utility won’t have all power restored until next week

By Juan Lozano and Nadia Lathan | Associated Press HOUSTON (AP) — About half a million Houston-area homes and businesses will still be without electricity next week, the city’s largest …

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Diablo Canyon nuke plant could trigger higher PG&E customer bills

by Mark McDuffie
PG&E bills could hop higher in 2026 due to plans tied to nuclear plant

OAKLAND — Operation of the aging Diablo Canyon nuclear power plant — which has become a key element of California’s strained electricity grid — could shove PG&E monthly bills higher, …

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PG&E customers face more increases in monthly utility bills: new plan

by Mark McDuffie
PG&E customers face more increases in monthly utility bills: new plan

OAKLAND — PG&E customers face the ominous prospect of a fresh round of increases in monthly bills — yet again — in a case tied to the utility titan’s efforts …

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Bay Area consumer prices hop higher as pace of inflation worsens

by Mark McDuffie
Bay Area consumer prices hop higher as pace of inflation worsens

The inflation rate in the Bay Area as measured by consumer prices rose at a faster pace in April compared with the last several months, a disquieting sign that the …

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