In a notification issued on Wednesday, the Ministry of New and Renewable Energy (MNRE) announced that it has received the approval by the President of India for the implementation of a subset of the existing 5,000 MW viability gap funding (VGF) program that includes developing 1,000 MW of solar projects in the northeastern states under […]
Month: January 2019
DGCA questions Jet Airways on flight schedule after grounding of planes
The Directorate General of Civil Aviation (DGCA) has asked Jet Airways if it would be able to stick to flight schedules after the airline grounded five of its planes due to issues with lessors. The airline, which is in the throes of a deep financial crisis, has also been unable to stick to the payment […]
Karnataka need not fret over power outage this summer
The city’s technology and manufacturing hubs as well as shopping malls are unlikely to face any power shortage in the summer with the energy department taking steps to conserve hydel and coal resources right away. The electricity demand will increase from February onwards. Karnataka chief minister HD Kumaraswamy reviewed the power supply situation in Bengaluru […]
To boost India’s offshore wind sector, MNRE issues draft lease rules
Though the government has announced big plans to utilize the country’s offshore wind potential, there has been no progress in terms of project development so far. To this end, the Ministry of New and Renewable Energy (MNRE) has now issued draft offshore wind energy lease rules which are aimed at spurring activity in offshore wind, […]
SC dismisses PIL against appointment of Rakesh Asthana as DG civil aviation security
NEW DELHi: The Supreme Court Thursday dismissed a PIL challenging the appointment of former CBI special director Rakesh Asthana as director general of the Bureau of Civil Aviation Security (BCAS).
Major city infrastructure projects likely to start by December
BENGALURU: The city will soon witness infrastructural developments as the Bruhat Bengaluru Mahanagara Palike (BBMP) is all set to invite tenders for Detailed Project Report (DPR), for projects worth Rs 2,500 crore, that were announced in 2018-19 state budget.
‘India saving $7 billion yearly with PM’s LED movement’: Union minister Piyush Goyal
Railways and coal minister Piyush Goyal, who was awarded the 2018 Carnot Prize for his contribution to the energy policy in New Delhi on Wednesday, said the country was saving $7 billion annually through the nation-wide LED movement that was conceived by Prime Minister Narendra Modi.
Chanda Kochhar ‘shocked, hurt’ by ICICI Bank’s decision to terminate her
Chanda Kochhar said she is “disappointed, hurt and shocked” by ICICI Bank’s decision Wednesday evening to treat her resignation as a “termination for cause” after an independent probe indicted her.
ICICI says Chanda Kochhar violated code of conduct, has to return bonuses
ICICI Bank Ltd said on Wednesday it would treat former chief executive Chanda Kochhar’s exit from the bank as a “termination for cause” after an enquiry report ruled that she had violated internal bank policies.
Arrival of Russian passenger jet fires up Venezuela’s rumour mill
The unusual arrival of a Russian passenger plane in Caracas has set social media abuzz with rumors about its mission after the Kremlin pledged to support its ally Venezuelan President Nicolas Maduro against a US-backed effort to drive him from office.
New Delhi airport to have India’s first private jet terminal by May
India’s first terminal for private jets to land and take off is expected to be ready by May, will be connected by a separate road leading to the facility, and feature sculptures evocative of the Mughal era and artificial water bodies.
Actively engaged with aircraft lessors; providing updates to DGCA: Jet Airways
NEW DELHI: Jet Airways is actively engaged with all its aircraft lessors and are being updated about efforts to improve liquidity, the airline said Wednesday amid flight cancellations due to the grounding of aircraft.