French aerospace major Dassault Aviation has said it had made the decision to partner with Reliance Defence Ltd for the Rafale deal, comments which came after former French President Francois Hollande’s reported claim that the selection of the Indian company was done at the behest of New Delhi. “This offsets contract is delivered in compliance […]
Day: September 22, 2018
Power Stress Resolution – Two divergent approaches
During the four months from Mar to Jun 2018, Gujarat Urja Vikas Nigam Ltd (GUVNL) had to purchase 6,749 MUs from high cost sources like power exchange, bilateral and spot LNG to fulfil their demand. The average cost for this procurement was Rs 4.30 per unit, about Rs 2 more than the tariff agreed by […]
Blood Clotting Concentrates
The ministry of health & family welfare (MoH&FW) has proposed guidelines for the “procurement of clotting factor concentrates in India”. Once implemented, these guidelines will be applicable for all state governments and the central government agencies procuring blood clotting factor concentrates.
Redevelopment of BDD Chawls at Worli in Mumbai
In April 2017, Mumbai Housing and Area Development Board (MHADB) invited tenders for the redevelopment project of Bombay Development Department (BDD) Chawls on CTS Nos. 1539 & 1540 of Lower Parel Division at Worli in Mumbai. Under this project over 90 year old, 121 four-story (G+3) buildings, having a total of 9,689 tenements (each with […]
Videocon – NPA Accounts
Lenders led by the State Bank of India (SBI) are seeking dispensation from the RBI to restructure the debt of VOVL Ltd, formerly known as Videocon Oil Ventures Ltd. VOVL has been declared as NPA and its 180-day period for resolution plan ended on August 27, 2018, after which the SBI was required to refer […]
Delhi Metro Is Expensive
Recently Delhi Metro Railway Corporation Ltd (DRMC) was in headlines when a study by a private body, Centre for Science and Environment (CSE), claimed that Delhi Metro is the world’s second most unaffordable metro network. Quickly, DMRC countered the report stating that the study conducted by CSE is based on incorrect information and is therefore […]
CGD Bids for 86 GAs
On April 12, 2018, Petroleum and Natural Gas Regulatory Board (PNGRB) launched 9th CGD Bidding Round for development of City Gas Distribution (CGD) networks for the 86 Geographical Areas (GAs) which includes 174 districts (156 complete and 18 part) across India. It has evaluated bids and also issued of Letters of Intent (LoIs) to all […]
Airport Tender Scam
In June 2016, a tender was invited by Bhogapuram International Airport Corporation Ltd (BIACL) for the development of Bhogapuram International Greenfield Airport for commercial use in Vizianagaram district, near Visakhapatnam in Andhra Pradesh.
Digital Sky
On August 27, 2018, the government has issued policy allowing drones for commercial purposes from December 1, 2018 for a height up to 400 feet but within the line of sight of the operator.