The government is making efforts to manufacture lithium-ion batteries in India in the next one year, and talks are on between state-run BHEL and a US firm to form a joint venture in this regard, Union Minister Anant Geete said Friday. “Right now we are importing 100 per cent lithium-ion batteries, but efforts are on […]
Day: December 21, 2018
Adani urges Australia’s Queensland to speed up Carmichael coal mine approval
India’s Adani Enterprises on Friday urged the government of Australia’s Queensland state to approve a management plan that would allow construction to start at its controversial Carmichael coal mine. Adani, which has shrunk its initial plans for the thermal coal mine to around a quarter of its original size, said last month that it would […]
AirAsia inducts 20th plane; to start Bengaluru-Mumbai route on January 15
Budget carrier AirAsia India Friday announced the induction of 20th aircraft in its fleet, making it eligible to fly on international routes. The Tata Sons-Air Asia invested joint venture airline also said it will add Mumbai in its network from early next year with the launch of daily flight services to the country’s financial hub […]
Govt aims to boost methanol economy to Rs 2 trillion in 5 years: Gadkari
India endeavours to take the Rs 110 billion methanol economy to about Rs 2 trillion in five years in a bid to promote cleaner fuel and cut down on the huge crude oil import bills, Union Minister Nitin Gadkari said Friday. The transport minister, who inaugurated electric vehicle expo here, cautioned the manufacturers not to […]
Govt and industry bullish on renewable prospects, but devil lies in resolving tariff and infrastructure costs
Amid a global focus on renewable sources as a way forward, the government and the industry appear unanimous on the need to expand the green energy capacity, but high tariffs and costly infrastructure came in the way during 2018 and the sector want these issues resolved in the new year. For the government, endeavour will […]
Indian airlines flew 11.03% more passengers in November: DGCA
Domestic airlines registered about 11.03% growth in passengers flown during November compared to same month that a year ago, data released by the aviation regulator showed. As per the data, released by the Directorate General of Civil Aviation (DGCA) on Wednesday, Indian carriers carried 11.6 million passengers during the month, up from 10.5 million in […]