As the prospects for coal-generated electricity recede globally, India is one of the last bastions of the world’s oldest, dirtiest energy source — although construction of new coal-fired power plants is faltering. From January 2016 to January 2017, development of coal-fired power capacity fell around the world, according to a March 2017 report titled “Boom […]
Month: April 2017
U.S. airlines overhaul overbooking after United fiasco
The backlash against the rough removal of a United Airlines passenger to make room on a crowded flight has opened a divide in the U.S. industry over how to manage flight overbooking, with some renouncing the practice and others offering richer incentives to give up seats. Overbooking is likely to be on the agenda when […]
Chambal Expressway proposed in Madhya Pradesh
A 300-km-long Chambal Expressway, connecting Madhya Pradesh with Uttar Pradesh and Rajasthan, will be constructed through the ravines of Chambal region, an official said here today. The decision to construct the six-lane expressway was taken in a meeting held between Madhya Pradesh Chief Minister Shivraj Singh Chouhan and Union Minister for Road Transport Nitin Gadkari […]
India’s eighth sedimentary basin to go live in 2 years
The state-owned Oil and Natural Gas Corporation (ONGC) will open up India’s eighth sedimentary basin — the first in over three decades — for oil and gas production in two years, Chairman Dinesh K Sarraf said today. ONGC, which laid open for commercial production six out of India’s seven producing basins, has made a significant […]
Rs 11,000-cr Eastern Peripheral Expressway to complete in August: Nitin Gadkari
India’s first smart and green highway — Eastern Peripheral Expressway — for decongesting Delhi will be completed in August this year, Union Minister Nitin Gadkari said today. Prime Minister Narendra Modi will dedicate to the nation the 135-km, the nearly Rs 11,000 crore access-controlled six-lane expressway. The project is replete with smart and intelligent highway […]
SWISS to abolish two-persons-in-the-cockpit rule framed after suicidal crash
Is it safe to have just one crew member in the cockpit? It was not thought so after a suicidal Germanwings pilot locked the captain out and deliberately crashed the plane into a mountain, killing all 150 people on board in 2015. As a precautionary measure after the crash, two-persons-in-the-cockpit rule was recommended by the […]
Aurizon, Adani in talks on rail for Australian coal mine
Aurizon Holdings Ltd is talking to Adani Enterprises about building a rail line for the Indian company’s proposed $4 billion coal project in Australia, in a plan that could cut costs for the long delayed mine. Aurizon and Adani have submitted rival applications to the Australian government’s Northern Australia Infrastructure Fund for a cheap loan […]
KEC International to foray overseas in solar segment for better margins
Even as India’s solar prospects look bright, engineering company KEC International looks to foray into overseas markets in the solar segment for better margins, a top company official said. In addition to solar, the company will also look at railway opportunities in foreign markets. The company also looks to grow its order book by 10% […]
China had 20 nuclear reactors under construction at end-March – nuclear association
China had 20 nuclear reactors under construction at the end of March, with a total capacity of 23.11 gigawatts (GW), the China Nuclear Energy Association said on Thursday. China had 36 reactors in full commercial operation at the end of last month, with a total capacity of 34.72 GW, said association chairman Zhang Huazhu, speaking […]
Solar installation to touch 10GW as module prices fall further: Mercom
Solar installations in India is expected to reach approximately 10 GW as it becomes one of the most important solar markets in the world, after China and the United States, Mercom India has forecast. Fuelled by a slowdown in Chines demand the industry is expecting module prices to decline slightly in the second quarter and […]
Global oil discoveries fell to record low in 2016, says IEA
Global oil discoveries fell to a record low in 2016 as companies continued to cut spending and conventional oil projects sanctioned were at the lowest level in more than 70 years, according to the International Energy Agency (IEA), which warned that both trends could continue this year. Oil discoveries declined to 2.4 billion barrels in […]
Commercial coal mining to lower power tariff: Coal Secretary
The opening up of commercial coal mining to private companies will bring in competition in the coal sector and reduce power tariff, a top official said today. “Let’s begin by saying commercial coal mining is a very big reform in the coal sector and the idea is to bring in competition for the monopoly coal […]