Coal-power projects worldwide, including India, see steep drop

In a step towards a cleaner environment, the number of coal-based fired power plants under development have seen a steep decline, especially in India and China, a report said on Thursday. The report, however, warns that despite a global coal phase-out trend in new coal plants, emissions from operational plants will still keep the 2015


Price realisation of coal by CIL via FSA dips 3.4% in Q3

Average price realisation of coal sold by CIL through fuel supply pacts fell 3.4 per cent to Rs 1,182 per tonne in October-December in comparison to the previous quarter, Parliament was informed today. “Average price realisation of coal sold by CIL(Coal India)through Fuel Supply Agreement (FSA) for the quarters ended December 31, 2017 and September

Oil & Gas

Last date of bidding for 55 oil and gas blocks extended

The government today pushed back by a month the last date of bidding for a record number of oil and gas blocks to May 2. Bidding in the auction of 55 exploration blocks on offer for prospecting of oil and as under the open acreage licensing policy (OALP) was to originally close on April 3.

Civil Aviation

Air India stake sale: IndiGo, Qatar Airways deny Air India joint bid reports

Air India stake sale: Even as the final bidder for debt-heavy state run carrier Air India still remains a puzzle, IndiGo airlines has denied reports of ongoing discussions with Qatar Airways for a joint bid. The country’s largest airline by market share, IndiGo Airlines said in a statement on Wednesday, “While IndiGo normally doesn’t respond


Sadbhav Infra bags 2 road projects worth Rs 1,567.92 cr from NHAI

Sadbhav Infrastructure Project has bagged two road projects worth Rs 1,567.92 crore from NHAI in Gujarat and Andhra Pradesh. “The company has received letter of award from National Highways Authority of India (NHAI) for new hybrid annuity project in Andhra Pradesh. Project bid price is Rs 520.3 crore,” Sadbhav Infrastructure Project said in a BSE