Ranchi Municipal Corporation rethinks waste-to-energy plant

The proposed waste-to-energy plant in the capital to streamline waste management is economically not feasible and environmentally harmful, Ranchi Municipal Corporation (RMC) CEO Manoj Kumar, who visited the Jhiri site earlier this week for the proposed plant on Tuesday, has admitted. The municipal corporation CEO told this reporter that the basic idea of generating electricity […]

ETF prop for selloff

The race to meet the Rs 80,000-crore divestment target for the current fiscal will largely depend on the CPSE-Exchange Traded Fund (ETF) to be launched next week. Besides, the board of Power Finance Corporation will meet soon to approve a buyout of the shares of Rural Electrification Corporation at a premium. The ETF offer is […]

Jet Airways lessors scrap deals over dues

Some lessors of India’s Jet Airways have begun terminating lease deals over unpaid dues and are preparing to move the leased planes abroad, escalating a crisis for the carrier, five sources with knowledge of the matter told Reuters. Two lessors have applied to the Directorate-General of Civil Aviation (DGCA), India’s aviation regulator, to deregister at […]

New ATC tower at airport by July

By July, Birsa Munda Airport in Ranchi will have a new air traffic control (ATC) tower which will offer better visibility for flight operators who will also have at their disposal better equipment that include the latest in radar, weather forecasting technology and communication systems. Ranchi Airport director Pravat Ranjan Beuria said work on the […]

Bridge FIR names BMC

Police have lodged an FIR, with the provision to add names later, blaming the Brihanmumbai Municipal Corporation for Thursday’s collapse of the Himalaya foot overbridge near the Chhatrapati Shivaji Maharaj Terminus that has claimed six lives and injured 30. The civic body, responsible for maintaining the bridge, announced its own probe but demolished the collapsed […]

Bitumen peel-off to save bridge in Calcutta

Layers of bitumen will be scraped off the surface of Tallah bridge after a preliminary survey by the PWD revealed that they may be compromising on the load-bearing capacity of the structure. Patchwork repair, which involves piling a layer of bitumen, is common on city roads. When Majerhat bridge collapsed on September 4 last year, […]

Policy prop fails to check oil imports

Domestic oil and gas output has fallen in the last four years and imports have increased even as the government changed the rules for exploration to attract investments. Crude oil production has declined 4.7 per cent and natural gas by 2.9 per cent since 2014-15, while consumption increased at a healthy annual rate. Government data […]

Prized ONGC asset sale nixed

Top executives of Oil and Natural Gas Corporation (ONGC) and bureaucrats within the government have successfully thwarted an attempt by the Niti Aayog to privatise the country’s largest oil and gas producing fields, including those in the famed Bombay High and Vasai East. A high-level committee headed by Niti Aayog vice-chairman Rajiv Kumar favoured “transferring” […]

Calcutta airport alert extended

The security alert sounded for all airports following the Pulwama attack on January 14 has been extended indefinitely, a move that has dashed hopes of an early end to long queues triggered by the beef up. “We were informed at a meeting on Tuesday that the security alert has been extended for an indefinite period. […]