India needs to double its refining capacity by 2040 to meet rising fuel demand as an expanding middle class buys more passenger vehicles and its economy grows, a top refinery official said on Wednesday. India’s refining capacity must increase to 465 million tonnes by 2040, from about 230 million tonnes currently, and investments are already […]
Day: September 27, 2017
PFC to provide Rs 4,000 crore for 4 GW power plant in Telangana
State-run Power Finance Corp (PFC) has committed financial assistance of Rs 4,009 crore to Telangana for setting up a 4,000 MW thermal power plant in Nalgonda district. PFC has sanctioned a term loan of Rs 4,009 crore to TSGENCO (Telangana Power Generation Corporation Ltd) for setting up 5X800 MW, coal based Yadadri Thermal Power Plant […]
Energy from evaporation could power 70% of US’ electricity demands: Study
Evaporation from the lakes and reservoirs in the US could generate nearly 70 per cent of the power that the country currently produces, a study has found. Though still limited to experiments in the lab, evaporation-harvested power could be made on demand, day or night, overcoming the intermittency problems plaguing solar and wind energy. “We […]
Govt eyes private players for small airports due to infra bottleneck
An executive of a leading soft drink giant was visibly upset with Lucknow airport. “There is hardly any place to sit, washrooms are dirty, it’s not a happy experience,” he said. Long queues at check-in counters of Indian airports is a common sight now. Air traffic from non-metro cities in India has multiplied exponentially over […]