In a recent order, the Delhi Electricity Regulatory Commission (DERC) stated that waste to energy generation projects in the national capital territory (NCT) of Delhi will be exempted from certain applicable open access and deviation charges for intra-state scheduling purposes of procurement from these projects. The exemptions will be applicable for the useful life of […]
Day: January 29, 2019
UP govt to build world’s largest 600 km Ganga Expressway for Rs 30,000 cr
Uttar Pradesh government on Tuesday announced to build the world’s largest access controlled Ganga Expressway estimated to cost Rs 30,000 crore to link Prayagraj (Allahabad) with Western UP. The 600 km greenfield project was approved at the state cabinet meeting chaired by chief minister Yogi Adityanath at Prayagraj, where the world’s largest congregation of faith […]
SBI set to own 15 percent of Jet Airways after debt for equity swap – reports
State Bank of India, a lender to Jet Airways, is likely to own 15 percent of the cash-strapped carrier after the airline gets consent for a debt to equity swap, TV channels reported on Tuesday citing agencies. Jet Airways said on Monday it would seek a shareholder nod next month to convert existing debt into […]
Jet Airways’ cash crunch worsens, 5 Boeing 737 MAX planes grounded by lessor
The financial turmoil at Jet Airways has impacted the operations of the airline, which has seen about five of their Boeing 737 MAX aircraft being grounded since Monday night, as lessors want to repossess these aircraft. The groundings have led to cancellation of about 19 flights today that is set to cause inconvenience to passengers […]
Japan’s ANA orders jets worth $4.3 billion from Boeing, Airbus in Asia growth push
Japan’s ANA Holdings Inc said it would order 38 planes worth $4.33 billion from Boeing Co and Airbus, and buy a stake in Philippines Airlines parent PAL Holdings Inc to support its Asia growth strategy. This confirms a Reuters report that Boeing was close to a deal to sell 737 MAX jets to ANA, and […]
HPCL achieves financial closure for Rajasthan Refinery Project
HPCL Rajasthan Refinery (HRRL), which is a JV between HPCL (74%) and Government of Rajasthan (26%) achieved financial closure for its 9 MMTPA integrated grass root Refinery cum Petrochemical Project at Barmer, Rajasthan. The project being set up at a project cost of Rs.43129 crore, once commissioned will also produce 2 MMTPA of Petrochemicals. The […]
Gadkari to launch 7 road, river projects worth Rs 872 cr in Bihar on Wednesday
Transport Minister Nitin Gadkari will inaugurate and lay foundation stones for seven road and river projects in Bihar, entailing Rs 871.61 crore investment, on Wednesday. He will be accompanied by Union Minister for Agriculture and Farmers Welfare Radhamohan Singh and others. Union Minister for Road Transport & Highways, Shipping and Water Resources Gadkari will inaugurate […]
India’s 2018 thermal coal imports grew fastest in 4 yrs
India’s 2018 thermal coal imports rose at the fastest pace in four years, according to two industry sources, despite moves by Prime Minister Narendra Modi’s government to cut imports in a bid to reduce its trade deficit.
Coal India’s supply to power sector around 360 mn tonne
New Delhi, Jan 27 (PTI) State-owned Coal India supplied 360 million tonnes (MT) coal to the power sector during April-December 2018, an increase of 7.9 per cent over the year-ago period, according to official data.
Customer care sore point with air travellers: DGCA data
When it comes to complaints by air travellers, poor customer care service topped the charts followed by flight problems and baggage related issues.
Is the Panathur mud road about to be asphalted?
The mud road near the Croma store in Panathur, Varthur, is undergoing some much-needed repair. Despite the obvious relief, residents are also wondering if the road will be tarred.
Now, decks being cleared to hand over J&K Rattle power project to NHPC
With Jammu and Kashmir under president’s rule, decks are being cleared for setting up a new joint venture company between the National Hydroelectric Power Corporation (NHPC) and J&K power development corporation for execution of 850-MW Rattle hydropower project, a source said on Monday.