India hopes Abu Dhabi National Oil Company (ADNOC) will send the first shipment of crude oil to fill the country’s 0.75 million tonnes strategic petroleum reserve at Mangalore starting in May, Oil Minister Dharmendra Pradhan said in New Delhi on Tuesday. ADNOC has indicated its oil consignments are booked for the next two months, Pradhan […]
Day: February 13, 2018
Cochin shipyard blast: 5 dead in ONGC tanker explosion, 12 injured
Five persons were killed and a dozen others injured in a blast inside an Oil and Natural Gas Corporation (ONGC) tanker at the Cochin Shipyard here in Kerala on Tuesday, police said. Those working at the time of the blast mostly included daily labourers and contract workers. Tuesday being a holiday, no regular workers of […]
India to explore foreign markets for surplus power: R K Singh
India will explore foreign markets like Sri Lanka, Nepal and Bangladesh for its surplus power generation capacity, Power Minister R K Singh said today. His comments assume significance as the average plant load factor or capacity utilisation in India is around 60 per cent. “We can run our plants at 80 per cent PLF (plant […]
Explained: Why Delhi airport always fails to meet flight-handing demand
New Delhi’s Indira Gandhi International (IGI) airport, which has three operational runways, late last year clocked its peak record of handling 1,339 air traffic movements (ATMs) in a day. Even as this was significantly higher than its usual count, the number would seem rather unimpressive when compared with the 969 ATMs achieved a few days […]
NTPC to supply 300 MW power to Bangladesh at Rs 3.42/unit
State-run power giant NTPC’s arm NVVN has emerged as the lowest bidder for supply of 300 MW power to Bangladesh for 15 years at an estimated tariff of Rs 3.42 per unit. The company is expecting a revenue of Rs 900 crore every year for supplying 300 MW under a tender floated by Bangladesh Power […]
Coal India target for power sector pegged at 513 mn tonnes for next fiscal
Coal India would produce 513 million tonnes of coal in 2018-19 and offer 12 million tonnes via e-auction to meet the power sector’s demand. The balance amount to meet the power industry’s demand of 615 million tonnes of coal would come from Singareni Collieries and captive coal blocks, Coal India executives said in a meeting. […]
Surge in global oil supply may overtake demand in 2018 – IEA
The rise in global oil production, led by the United States, is likely to outpace growth in demand this year, the International Energy Agency said on Tuesday. The Paris-based IEA raised its forecast for oil demand growth in 2018 to 1.4 million barrels per day, from a previous projection of 1.3 million bpd, after the […]
Delhi High Court upholds DIAL order on Indigo, Spicejet shifting operations to T-2
The Delhi High Court today upheld its single judge order accepting DIAL’s decision to partially shift Indigo and Spicejet operations from IGI airport’s terminal T-1 to T-2. A bench of Justices Hima Kohli and Rekha Palli, however, directed Indigo and Spicejet to approach Delhi International Airport Ltd (DIAL) within one week. The airport regulator shall […]