-
India seeks threefold increase in coal stocks to prevent summer power shortages
-
Indian companies report mixed second-quarter results on November 4
-
Indus Towers expands solar-powered network to 50,000 telecom sites
-
KKR secures Indian regulator approval for Gentari Renewables investment
-
Equitas Small Finance Bank rebounds after naming interim chief executive
-
Bharti Airtel revenue expected to grow at double-digit pace in second quarter
-
Titan quarterly profit seen rising as jewellery business drives growth
-
Indian crude-sensitive shares gain after 13% oil-price decline
-
Kuwait finance minister holds economic cooperation talks at COMCEC
-
Stocks and dollar fall as Democratic election gains reshape markets
-
Kuwait marks key events and anniversaries from national history
-
Qatar Tourism joins Pacific Asia Travel Association at London travel market
-
Qatar media bodies discuss support for humanitarian initiatives
-
Pitches and Keynote Speakers Are Confirmed for Blue Magic Netherlands on November 17
Costa Rica to ration electricity as drought bites
Costa Rica has become the latest Latin American country to introduce rationing due to drought, announcing Thursday it will limit access to electricity for which it relies heavily on hydro-generation.
Dams that feed the country's hydro-electric plants were low due to the El Nino weather phenomenon, officials said.
"This El Nino has really been the most complicated in the history of Costa Rica," Roberto Quiros, director of the country's ICE electricity institute, told reporters in San Jose.
Rationing will start Monday for an undetermined period.
About 99 percent of Costa Rica's electricity comes from renewable sources -- about three-quarters from hydro-electric plants.
"We have not seen a drought like this in 50 years," said Berny Fallas, a climate expert at the ICE, which is Costa Rica's main energy provider.
On Wednesday, the World Meteorological Organization said in a report that Latin America and the Caribbean had their warmest year on record in 2023, as a "double-whammy" of El Nino and climate change caused major weather calamities.
Much of Central America, it said, experienced intense drought, causing neighbor Panama to limit traffic in its eponymous canal.
The ICE said this will be the Costa Rica's first electricity rationing since 2007, when El Nino also wreaked havoc with water levels.
Hospitals, basic services and industry will not be affected by the cuts, it added.
Further south, Ecuador has recently had to ration electricity due to a shortage of water for hydro-generation, while the capital of Colombia, Bogota, is rationing municipal water.
A.Agostinelli--CPN