OPEC and non-OPEC ministers meet for informal consultations in Vienna on Wednesday in a last-ditch bid to agree the duration of oil output cuts as they seek to clear a global stocks overhang that has pulled down the price of crude. The top oil producer in OPEC, Saudi Arabia, favours extending the output curbs by […]
Day: May 24, 2017
NHPC working on five hydro power plants in Pithoragarh
State-owned NHPC is working out details for five run-of-the-river hydroelectric projects on the Gori and the Dhauli in Pithoragarh district with a combined power generation capacity of 1,285 mw. “The sanctioning of the projects has been possible after the area was brought out of Askot wildlife sanctuary in 2013,” said Dinesh Tripathi, the newly-appointed GM […]
Second phase of RCS to connected unserved routes
The ministry has proposed to expand the regional connectivity scheme to unserved routes in the second phase of regional connectivity scheme. “There are various routes like Lucknow-Varanasi, where there is no connectivity. During the second phase, we are expanding it to unserved routes too,” said aviation secretary R N Choubey. He further added that the […]
Lucknow to Ghazipur Purvanchal Expressway: Yogi Adityanath government to scrap tenders
Chief Minister Yogi Adityanath led BJP government in Uttar Pradesh is likely to cancel the tenders given to six firms distributed when Samajwadi Party was in power, to develop the Purvanchal Expressway between Lucknow and Ghazipur, a report by Indian Express has said. The state government will table a proposal in the Cabinet soon, to […]
US revives two infra projects in Asia to counter China’s OBOR
The US has revived two major infrastructure projects in South and Southeast Asia in which India would be a vital player, a move that could potentially act as a counter to China’s ambitious Belt and Road initiative. The Trump administration has resuscitated the ‘New Silk Road’ initiative, first announced by then Secretary of State Hillary […]
India may look elsewhere for coal requirements against delays: Aus minister
India could look elsewhere for its coal requirements if Queensland government delays its decision on a royalty holiday deal with the Indian energy giant Adani Group, Australian Resource Minister Matthew Canavan has warned. “India has a massive need for energy resources in the next couple of decades. A huge part of that will be increased […]