India is poised to achieve 225 GW renewable energy capacity addition by March 2022, as against the current target of 175 GW project capacity by the said deadline. “India’s current capacity stands at 70 GW, we will cross the 175 GW target well before 2022,” said R. K Singh, minister for Power and New and […]
Day: June 5, 2018
Eight reasons why the government cannot afford to delay Air India sale
After the government failed to receive any bids for its stake in state-run carrier Air India, the sale is likely to be put off. Most prospective bidders found the terms of sale too challenging. There were several daunting conditions. The government would have retained 24 per cent stake and the winning bidder was required to […]
Boeing projects Dreamliners for Vistara’s global plans
With the traditional rivalry between Airbus and Boeing heating up over proposed orders by Vistara, the American aircraft manufacturer today said its Dreamliner would be the “right” choice for the carrier owned by the Tatas and Singapore Airlines. As the Indian carrier, which currently flies to 22 destinations in the country, plans to expand its […]
Airport privatisation: Wrong to assume private sector has all answers, says IATA chief
Concerned over an aviation infrastructure “crisis”, global airlines body IATA today asked governments to be cautious on airport privatisation, saying it was “wrong to assume” that the private sector had all the answers. The 74th annual general meeting of the International Air Transport Association (IATA) unanimously passed a resolution calling on governments to prioritise the […]