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Major AI firms like Microsoft, OpenAI, and Anthropic are pledging to cover data center electricity costs, anticipating a White House proposal. This proactive move aims to preempt government mandates as AI’s power demand surges, potentially tripling by 2028 and driving up consumer costs. Companies are acting to shape terms before legislation forces their hand. Three…
The US government is reportedly seeking a legal commitment from major technology companies on the electricity consumption of data centres that power artificial intelligence (AI) services. According to a recent report citing two Trump administration officials who spoke on condition of anonymity due to the private nature of the discussions, the government wants companies such…
NEW DELHI: The index of industrial production (IIP), which is moving to a chain-based series with annual resets, is also expected to see an increase in the weights assigned to electricity and manufacturing, while weightage for mining is set to decrease. This is part of the overhaul of the key dataset that the statistics office…
LUCKNOW: The proposal to automatically raise electricity bills every year — even if state regulators fail to issue timely tariff orders — has ignited controversy over India’s new draft National Electricity Policy (NEP), 2026.The Union ministry of power published the draft policy on Jan 20, inviting comments and suggestions from stakeholders within 30 days. Among…
Microsoft has stepped up with an ambitious five-step framework aimed at alleviating public unease surrounding AI data centers. The company’s commitments include covering electricity expenses in full, ensuring water replenishment, supporting local job creation, honoring property taxes, and facilitating free AI education. These actions are crafted to heal community rifts and safeguard residents against potential…
Ranchi: The Jharkhand high court has struck down the excess duty charged by the electricity department by virtue of the Jharkhand Electricity Duty (First Amendment) Act 2021. The court has also held the amendment to be ultra vires and has struck it down which will benefit industrial consumers in the state.A division bench of HC…
Over 93% households benefitted from power subsidy in Dec 2025 NEW DELHI: More than nine out of 10 households in Delhi availed themselves of power subsidy benefits in Dec 2025, marking the widest reach of the free electricity scheme so far. Over 73% of the households did not have to pay any bill at all…
Electricity buyers may see lower costs as the Central Electricity Regulatory Commission (CERC) reviews transaction fees charged by power trading exchanges. The review is taking place alongside the regulator’s push to introduce market coupling, a long-awaited reform aimed at improving efficiency in price discovery, increasing liquidity and bringing uniformity to electricity prices across trading platforms….
Power Minister Manohar Lal has held consultations with a panel of Members of Parliament on the proposed Electricity (Amendment) Bill, 2025, as the government seeks feedback on changes aimed at strengthening India’s power sector framework, PTI reported.MPs from various political parties in both the Lok Sabha and Rajya Sabha participated in the meeting of the…
US President Donald Trump said that America is headed for an “economic boom” in the upcoming year. Speaking at the White House on Wednesday (local time), Trump highlighted his achievements of during the second term and outlined the administration’s plans for the economy, border security and the United States’ role on the global stage.For the…
