Editorial- August 2023 The lenders who decided to hand over 600 MW Power Plant of Vidharbha Industries Power Ltd (VIPL) to a tainted Asset Reconstruction Company (ARC), have much to answer for. CFM Asset Reconstruction Pvt Ltd – the acquirer of Rs 2,500 crore debt for Rs 1,265 crore – was allowed to take away the asset for […]
TotalEnergies hails progress in on-site solar generation contracts TotalEnergies said on Sunday it had exceeded 1.5 gigawatts (GW) of long-term solar power contracts at sites for more than 600 industrial and commercial customers worldwide. The French oil and gas company “develops, finances, builds, and operates solar panels installed on rooftops, carports, and vacant industrial lands”, it said. The panels are installed at customers’ […]
Thermax plans commercial-scale trial on high-ash coal gasification project in East Energy and environmental services major, Thermax Ltd, said on Friday that it is in discussion with several steel companies in the eastern region for a commercial-scale high-ash coal gasification project. This project will be the first of its kind in the eastern region. Thermax is also in dialogue with Coal India on coal gasification technology. […]
Egyptian Natural Gas Holding to expand in Saudi Arabia The Egyptian Natural Gas Holding Co. (EGAS) has established a subsidiary in Saudi Arabia with initial capital of SAR 2 million ($530,000), Egypt’s Ministry of Petroleum said on Sunday. Owned 80 per cent by EGAS, the newly established natural gas company “Modern Gas” Saudi Arabia is part of the Egyptian firm’s strategy for offshore expansion, […]
Air India Express ramps up network and flight frequencies to capture summer travel boom Air India Express on Monday announced a substantial expansion of its network and increased flight frequencies in anticipation of the heightened travel demand in the upcoming summer season. In its 2024 summer schedule, the airline will provide over 360 daily departures, linking numerous business and leisure destinations. Compared to last year summer season, there’s a […]
National highways construction up, but govt may miss award target With a month from the close of the financial year, construction of national highways (NH) in the country in FY24 has been nearly 13 per cent higher than the last financial year at 9,088 kilometres (km), data by the ministry of road transport and highways shows. However, the government is likely to miss its target […]
Railways raises FY25 loco production target by 27 per cent The Indian Railways has raised its locomotive production target for FY25 by 27% to 1,500 units, officials aware of the development said. The national transporter will keep this annual production target unchanged till FY27, they said. The railways have eight production units in the country where they make wheels, axles, locomotives and coaches. They had […]
Air India Express’ summer schedule takes off with over 360 daily flights, 20% surge in international services
Bolstering connectivity to Lakshadweep! IndiGo announces direct flight from Bengaluru to Agatti; flight to start on THIS date
Chhattisgarh’s Ambikapur airport receives DGCA’s aerodrome license, flight operations set to take off
Reducing pilots’ fatigue: DGCA denies extension for revised flight duty norms, sticks to June 1 deadline
Road Ministry approves Rs 1,697 crore for highway enhancements in Gujarat, Karnataka and Assam – Details inside
Indian air carriers witness 478 snags due to malfunctioning engineering parts in last 12 months: Civil Aviation Ministry
Pune Infra Watch: To make Pune first EV ready city in India, PMC to announce new policy decisions from July 1
Cooking gas LPG rates for Ujjwala consumers cheapest in India compared to neighbouring nations: Government
Aviation revolution in works: Midair gap between aircraft set to halve from January 1 – here’s what it means
More high-speed national highway corridors soon! Government looks to increase average speed to 85 kmph
SpiceJet gets fresh lifeline: Mumbai-based business couple Harihara and Preeti Mahapatra to invest Rs 1,100 crore