Union Minister Piyush Goyal said Tuesday that oil bonds issued by the previous UPA government are being serviced currently by the National Democratic Alliance (NDA) regime. “Oil bonds issued by the previous government are being serviced currently- total oil bonds issued between 2005-2010 is Rs. 14, 8187 crores, while outstanding oil bonds (as on April […]
Day: June 19, 2018
Indian Railways’ first waste-to-energy plant faces GST hurdles
Indian Railways’ long-awaited and ambitious project to set up a waste-to-energy plant at Jaipur railway station has run into Goods and Services Tax (GST) hurdles, causing a delay in the commissioning of the first such municipal solid waste management centre on the rail network. Though the process of setting up the plant in Jaipur and […]
Wind power tariffs may be sustainable around Rs 3/unit: Crisil
Wind power tariff is likely to be sustainable at around Rs 2.9-3 per unit in fiscal 2019 because of reduction in payment and offtake risks, lower capital cost per generated unit, and conducive debt financing, says Crisil Ratings. “These tariffs, despite being 28 per cent lower than the lowest under the erstwhile feed-in-tariff regime, will […]
Cathay Pacific adds advanced Airbus A350-1000 in its fleet
Cathay Pacific is all set to fly home the newest member of its family, the advanced AirbusA350-1000 from Airbus headquarters at Toulouse, France to its home in Hong Kong. The Asian airline, which took delivery of the aircraft at the Airbus Delivery Centre earlier this morning, will fly it back to Hong Kong on a […]
Delhi’s IGI airport to get quick security check system soon
By the end of this year, you can expect an express security check at Delhi’s Indira Gandhi International Airport, as the airport is planning to deploy a new automated tray return systems (ATRS) that will reduce the time taken for security checks by half. To reduce human intervention, increase efficiency and number of passengers passing […]
Government puts off Air India stake sale for now
The government has decided not to go ahead with Air India stake sale in an election year and will provide required funds for its operations, a senior official said today. The decision comes less than 3 weeks after the proposed 76 per cent strategic stake sale in debt laden national carrier failed to attract any […]