MAY 20268TOP STORIESGOVT PLANS 5 BN USD MOBILE PLI 2.0 TO BOOST EXPORTS GROWTHUDAN SCHEME TO ADD 100 AIRPORTS TO BOOST REGIONAL CONNECTIVITY GOVT HOSTS PRE-BID MEET FOR RARE EARTH MAGNET SCHEME PUSHGOVT HOSTS PRE-BID MEET FOR RARE EARTH MAGNET SCHEME PUSHGOVT HOSTS PRE-BID MEET FOR RARE EARTH MAGNET SCHEME PUSHTOP STORIESIndia's solar industry has urged the Central Electricity Regulatory Commission (CERC) to raise the existing electricity price cap on power exchanges, arguing that the current ceiling is hurting renewable energy companies and slowing investment at a time when electricity demand is hitting record highs.The petition was filed by the National Solar Energy Federation of India, which said the current cap of 10 Indian rupees (US$0.1032) per unit makes it difficult for several market participants, including energy storage companies, to operate profitably.The request comes as India faces soaring electricity demand driven by intense heat waves across the country. According to India's power ministry, peak power demand surged to 260.45 gigawatts on Tuesday, surpassing Monday's previous record of 257.37 gigawatts.The industry group said a separate market segment designed to allow higher electricity prices has failed to function effectively because very few buyers are willing to purchase power at elevated rates. As a result, power producers are often forced to sell electricity at low prices during periods of weak demand but are unable to recover losses during high-demand periods because of the existing price ceiling. India sends Boeing 787 fuel switch to the US for inspection as aviation authorities step up Boeing 787 safety concerns following issues raised during a routine Air India flight inspection. The decision comes amid growing focus on Air India Dreamliner safety, especially as investigators continue reviewing last year's fatal Dreamliner crash.The Boeing 787 fuel control switch was removed from an Air India Boeing 787 aircraft after a pilot noticed an unusual issue during pre-flight checks at London Heathrow Airport in February. According to reports, the pilot observed that the switch, which controls fuel flow to the engines, moved too easily from the "RUN" position to "CUTOFF" and did not appear to lock properly.The aircraft had been scheduled to operate a flight to Bengaluru but was grounded after the concern was reported. Air India engineers carried out inspections and later reviewed similar systems across its Boeing 787 fleet. While the airline and Boeing reportedly found no immediate defect in the component, Indian authorities decided to proceed with a Boeing 787 fuel switch inspection in the United States as a precautionary measure. Adani copper producers, Vedanta copper industry, and Hindalco copper rods manufacturers have raised concerns over proposed scrap copper rod norms, as India's leading companies oppose the inclusion of scrap-based copper rods in official standards.Industry leaders argue the move could affect product reliability and safety in electrical systems, sparking a wider debate within the India copper industry over quality control and sustainability. PepsiCo India's 5,700 crore expansion plan reflects the company's growing confidence in the Indian market, with the food and beverage giant set to invest heavily in PepsiCo India manufacturing capacity by 2030.The investment, aimed at strengthening production capabilities and supporting future demand, will focus on new and expanded facilities across Madhya Pradesh, Assam, and Tamil Nadu as PepsiCo deepens its presence in the growing India food and beverage market. The debate centers on FRHC copper rods, a type of copper wire rods widely used in electrical cables, transformers, power systems, and industrial equipment. Large manufacturers believe copper rods produced from recycled scrap may not always achieve the high purity needed for critical electrical applications.INDIA'S SOLAR SECTOR SEEKS HIGHER POWER PRICE CAPINDIA SENDS BOEING 787 FUEL SWITCH TO US AMID SAFETY PROBEINDIA COPPER GIANTS PUSH BACK AGAINST SCRAP ROD STANDARDSPEPSICO INDIA'S RS 5,700 CRORE EXPANSION PLAN FUELS GROWTHCONCERNS GROW OVER COPPER QUALITY STANDARDSIndustry experts warn that inconsistent copper quality could impact performance, increase overheating risks, and reduce durability in infrastructure projects. Since these products are essential for power transmission and manufacturing, major producers say maintaining strict copper quality standards is necessary to ensure safety and long-term efficiency.
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