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 […]
Day: February 19, 2018
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 […]
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 […]
Transmission charge waiver gives hope to solar, wind projects
Power produced from wind and solar projects will become viable, and more attractive for discoms as the government last week waived off inter-state transmission charges for wind and solar projects commissioned till March 2022, in a bid to encourage the use of power generated through these sources. “For generation projects based on solar and wind […]