The Mahindra Group will foray into the hybrid renewable energy segment with an investment of Rs 1,200 in a solar and wind project, the company said in a stock exchange filing on Monday. Mahindra Susten, its renewable energy platform, will develop the project along with Ontario Teachers’ Pension Plan Board as a strategic partner. As […]
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Coal keeps powering India as booming economy crushes green hopes
Built along a stretch of salt flats in southern India, the Tuticorin power plant epitomizes a quagmire for the world’s fastest-growing major economy: how to provide reliable energy to 1.4 billion people. For starters, the 1,050-megawatt coal plant, one of the region’s largest, was supposed to shut down. Opened four decades ago, the facility is […]
Ola Electric slashes S1 X scooter prices
IPO-bound Ola Electric on Monday reduced the prices of its S1 X range of scooters, as it works to extend its dominance over the electric two-wheeler market. The price of the 4 kilowatt hour (kWh) variant of the S1 X has been reduced from Rs 1,09,999 earlier to Rs 99,999 now, while that of the […]
GAIL plans to double capacity at its Dabhol LNG terminal
New Delhi: GAIL is planning to more than double the capacity of its LNG terminal at Dabhol, Maharashtra, and build new terminals in the country to tap opportunities expected to emerge from the future growth in gas imports. The nation’s largest natural gas marketer and transporter plans to raise the capacity of its Dabhol terminal […]
Power Min asks imported coal-based plants to run at full capacity till Oct 15
The Ministry of Power has asked all thermal plants using imported coal to operate at full capacity for another three and a half months till October 15 to avoid electricity shortage amid rising demand in the country. The ministry has projected peak power demand of 260 GW during the summer season (April to June) in […]
Govt asks imported coal-based plants to run full capacity till October 15
The Ministry of Power has asked all thermal plants using imported coal to operate at full capacity for another three and a half months till October 15 to avoid electricity shortage amid rising demand in the country. The ministry has projected peak power demand of 260 GW during the summer season (April to June) in […]
‘1-2 minutes of fuel left’: IndiGo passenger faces ‘harrowing experience’
An IndiGo flight from Ayodhya to Delhi on Saturday, April 13, reportedly had a close shave after it was forced to divert to Chandigarh due to low fuel levels, according to a passenger. The incident has raised safety concerns, with passengers and a retired pilot alleging that IndiGo may have breached Standard Operating Procedures (SOPs). […]
Delhi Airport’s T2 conversion to all-international delayed till next April
The proposed transformation of Indira Gandhi International (IGI) Airport’s Terminal 2 (T2) into an exclusively international terminal has been delayed until early next year, the Times of India reported on Monday. The move by the Delhi International Airport Ltd (DIAL) is aimed at preventing a repeat of the previous winter, when crucial infrastructure, specifically the […]
Air India suspends Tel Aviv flights; airlines avoid Iranian airspace
With the Middle East tensions flaring up, Air India has temporarily suspended its Tel Aviv flights and airlines have charted alternative flight paths to avoid the Iranian airspace. Longer flight paths will result in increased operational costs for the carriers, and the situation could also push airfares higher. Air India, Vistara, IndiGo and some international […]
Tesla investor may put forward collective bargaining motion at AGM
Tesla investor KLP may ask the automaker’s annual general meeting to address CEO Elon Musk’s reluctance to engage in collective bargaining, the Norwegian pension fund said on Thursday. A strike by Tesla mechanics in Sweden, among the country’s longest labour disputes, has for months disrupted the automaker’s operations and attracted the concern of several Nordic […]
Air India flights avoid Iran airspace amid soaring tensions in Middle East
Amid soaring tensions in the Middle East, Air India flights on Saturday avoided the Iranian airspace, according to a TOI report. Air India AI 161, which took off from Delhi at 4.30 am did not overfly Iran and took an alternate route to London. This comes a day after the Ministry of External Affairs “advised” […]
22 flights diverted amid heavy rainfall in Delhi-NCR
Due to adverse weather conditions, as many as 22 flights scheduled to land at the Delhi airport on Saturday afternoon were redirected, reported ANI. Of these 22 flights, 8 were diverted to Lucknow, 9 to Jaipur, 2 to Chandigarh, and 1 each to Varanasi, Amritsar, and Ahmedabad.