IndRa has stable outlook on wind, solar for FY19; negative on thermal

While maintaining a stable outlook on the solar power sector, domestic rating agency India Rating has revised upwards the outlook on the wind power sector to stable from negative for FY19 but has maintained its negative outlook on the thermal power sector. Citing lack of visibility for tying up long-term power purchase agreements, the agency


India needs more “clean coal” investors: Global coal body

India needs to do more to attract foreign investment in technologies that can cut emissions from burning coal, a global coal trade association said on Friday, given that the fuel will be a main source of electricity in the country for decades. India, the world’s second-biggest greenhouse gas emitter, has set ambitious targets to raise

Oil & Gas

Oil hits highest in nearly two weeks on Asian equity recovery

Oil prices extended gains to hit their highest level in nearly two weeks on Monday, buoyed as Asian shares joined a global recovery in equity markets and as worries grew over tensions in the Middle East. Prime Minister Benjamin Netanyahu said on Sunday that Israel could act against Iran itself, not just its allies in

Civil Aviation

AI plans to increase non-stop flights to SFO and Oz

Soon-to-be-privatised Air India is looking at majorly increasing the frequency of its popular nonstops to San Francisco (SFO) and Australia. The Delhi-SFO flight is currently six days a week and the Maharaja is planning a 50% increase by making it nine times a week. And the daily Delhi-Australia nonstop may be raised to 10 flights


BRO builds strategic road in remote Arunachal Pradesh district

The Border Roads Organisation (BRO) has achieved another major feat in Arunachal Pradesh by building an ‘operationally critical’ road and another bridge in the remote Upper Subansiri district of the state, along the India-China border. The construction work was undertaken by the BRO under its Project Arunank – an initiative to connect the inhospitable terrains