Minister of State for Civil Aviation Jayant Sinha batted for low-cost long-haul air connectivity from India. Major low-cost Indian airlines such as IndiGo and SpiceJet are actively evaluating prospects of long-haul flights to European countries. “We lack a direct low-cost alternative to Europe and the West Coast. International traffic growth from India will be tremendously […]
China National Nuclear Corp (CNNC), China’s No. 2 nuclear power producer, will take over the country’s top nuclear power plant builder to create a company worth almost $100 billion, the latest state-orchestrated marriage in the nation’s vast power sector. The deal has been in works for almost a year as Beijing has pushed to streamline […]
Oil prices fell for a third day on Wednesday after data from an industry body showed U. S. crude stocks rose more than expected last week, while a selloff in other commodities, stocks and bonds added to investors’ bearish mood. Brent crude, the global benchmark, was down 22 cents, or about 0.3 percent, at $68.80 […]
Union minister Nitin Gadkari has asked defence and civil aviation officials to expedite clearances to expansion of the Pune airport which is witnessing high traffic volumes. The road transport and highways minister was chairing a Prime Minister-appointed infrastructure group meeting. The expansion project includes construction of a new terminal building at a cost of Rs […]
Global coal prices have been on a steady rise in the last few months, increasing cost pressure for thermal power producers in the country. This is happening as they struggle with lower offtake for the power they generate. The price of 4,200 kcal/kg grade coal, which is a very popular grade bought by both India […]
R P Srivastava has taken over as Coal India’s new full-time personnel & industrial relations (P&IR) director from today. Srivastava was earlier Executive Director of Rashtriya Ispat Nigam Ltd, Coal India said today. There was no full-time personnel director after R Mohan Das’ service was terminated on March 30, 2017 based on a ministerial decision. […]
The “Policy for Repowering of the Wind Power Projects” announced by the Ministry of New and Renewable Energy in August 2016 was a step in the right direction. Now is the time for global investors to pay more attention to wind-turbine repowering investment opportunities in India to take a grip on a growing renewable energy […]
The Maharashtra government’s Rs 46,000 crore Nagpur-Mumbai Expressway project, touted as a game-changer of sorts, may finally see some headway after the state government acceded to some of the conditions put forth by some state-owned banks. State officials have agreed to offer guarantees for the project, and has for the first time, decided to pledge […]
Budget airline SpiceJet has announced 20 new non-stop domestic flights starting from February 11, aimed at strengthening its network across South India. The airline would introduce 18 new flights in the South, of which ten would be catering to popular tourist destinations in Andhra Pradesh, the airline said in a release here. SpiceJet would also […]
Highway developer Dilip Buildcon (DBL) today said it has bagged a road project worth Rs 565.02 crore from NHAI in Maharashtra. “The company has been declared L-1 bidder for a new EPC project valued a Rs 565.02 crore by the National Highways Authority of India (NHAI) in Maharashtra,” Dilip Buildcon said in a BSE filing. […]
Reiterating their earlier demand, the Bengaluru Traffic Police (BTP) have again requested the National Highways Authority of India (NHAI) and Bangalore Elevated Tollway Private Ltd (BETL) to prohibit the movement of two-wheelers on the Hosur Road Elevated Expressway.
The Indian Coast Guard (ICGS) is all set to base at least two maritime reconnaissance aircraft and a helicopter in Thiruvananthapuram.