The government is eyeing close to Rs 30,000-crore investment for expansion of LPG production and distribution network in next three years as it widens cooking gas coverage by giving out a record number of connections. A record 3.45 crore LPG connections were given during the fiscal ended March 31, 2017, including 2.2 crore free connections […]
Day: May 5, 2017
HPCL, Lakshmi Mittal to invest $3 bn to set up Bhatinda petrochem unit
State-owned Hindustan Petroleum Corporation Ltd (HPCL) and its partner Lakshmi N Mittal will invest about $3 billion in setting up a petrochemical complex at their Bhatinda refinery in Punjab. HPCL-Mittal Energy Ltd (HMEL), a joint venture between HPCL and Mittal Energy Investments Pvt Ltd, Singapore, plans to set up an up to 1.7-million tonne naphtha […]
No-fly list rules: Airlines can bar you from flying for 2 years or more
New rules regarding unruly behaviour by airline passengers were announced by the government on Friday. The development comes after the debacle surrounding Shiv Sena MP Ravindra Gaikwad, who assaulted an Air India staffer onboard a plane. Also, the government is looking at creating a national no-fly list of unruly passengers and security threats, Civil Aviation […]
BHEL’s solar photovoltaic portfolio touches 370 MW mark in 2016-17
Bharat Heavy Electricals Limited (BHEL) has ended the year 2016-17 with a significant solar photovoltaic (PV) portfolio of 370 MW, comprising 360 MW ground-mounted power plants and 10 MW rooftop power plants. Of this, 170 MW of BHEL-supplied ground-mounted and 2290 KW of rooftop power plants are already under operation in various locations in the […]
Number of power utilities filing timely tariff petition rises
The number of power utilities filing tariff petition in a timely manner for the ongoing fiscal has increased, according to a report. “There has been an increase in terms of the number of utilities which have timely filed tariff petition for FY 2018, with 14 utilities (out of 41) filing the tariff petition in a […]
As 24×7 power plan gets BJP votes, states join grid
With the Modi government’s energy plan for common people yielding rich electoral dividends for BJP in recent assembly elections, especially in UP, states are realising the merit in providing 24×7 power at affordable rates and shedding political inhibitions to walk the Centre’s talk. The states also came on board to make consumers’ lives easier and […]
OPEC, non-OPEC see need to extend supply-cut pact – Saudi governor
OPEC and other countries that agreed to cut crude production are converging on the need to extend the pact beyond June to help to clear a supply glut, Saudi Arabia’s OPEC governor said on Friday. The Organization of the Petroleum Exporting Countries, Russia and other producers agreed last year to curb production by 1.8 million […]
PTC India ties up pacts for 1,050 mw wind power supply
Power trading solution provider PTC India has announced execution of agreements with seven state utilities for sale of wind energy for a total 1049.9 mw. The agreements were exchanged between PTC and discoms in presence of Power Minister Piyush Goyal at a conference of power, new and renewable energy and mines ministers of states and […]