The ministry of petroleum and natural gas has asked an additional budgetary support of Rs 4,800 crore from the finance ministry for adding another 30 million customers to its flagship social sector scheme Pradhan Mantri Ujjwala Yojana (PMUY). Through this, the ministry wants to revise the target of providing 50 million gas connections under PMUY […]
Day: May 16, 2017
Global oil market rebalancing speeds up, inventories lag – IEA
The global oil market is rebalancing and the pace at which supply and demand are falling into line is picking up, even if inventories still fail to reflect the impact of OPEC supply cuts, the International Energy Agency said on Tuesday. In its monthly report, the IEA kept its global demand growth forecast for 2017 […]
BHEL bags Rs 233 crore order for steam and power generation from RFCL
State-owned power equipment maker BHEL on Tuesday said it has won Rs 233 crore order for a steam and power generation package from Ramagundam Fertilizers and Chemicals Ltd (RFCL). “Valued at Rs 233 crore, the order has been placed on BHEL for setting up the package at RFCL’s fertilizer plant at Ramagundam in Telangana,” BHEL […]
India ranked second in renewable energy attractiveness index
India has moved up to the second spot from third position in this year’s ‘Renewable energy country attractiveness index’ released by EY. This is primarily due to a combination of strong government support and increasingly attractive economics, EY said in a statement. According to the statement, India continued its upward trend in the index to […]
6 months to one year: DGCA plans to double notice period of pilots
Pilots in India may soon need to serve a notice of one year if they resign from their current job. Indian aviation regulator Directorate General of Civil Aviation (DGCA) has revived a year-old proposal of reviewing its over a decade-old rule of having six months’ notice period for pilots. In a draft proposal, which has […]