High spot energy prices are unlikely to sustain in the medium terms as unutilised thermal power capacity and a spike in generation from renewable sources will weigh on.
Day: January 30, 2019
SC sets aside order withdrawing approval to Adani for Rajasthan gas pipeline
New Delhi: In a win for Adani Gas, the Supreme Court on Tuesday set aside the Petroleum and Natural Gas Regulatory Board’s (PNGRB’s) order withdrawing the no-objection certificate to the company for laying gas pipelines in the cities of Jaipur and Udaipur.
NTPC to synchronise 800 Mw unit of Darlipalli thermal power plant by March
NTPC Ltd, the country’s largest power generating utility plans to synchronise the 800 Mw unit of its 1600 Mw super thermal power station at Darlipalli, near Sundargarh, by March 2019.
US President Donald Trump slaps de-facto oil ban on Venezuela
Washington: The Trump administration dealt its toughest blow yet to the authoritarian Venezuelan leader Nicolas Maduro, issuing new sanctions on the nations state-owned oil company PDVSA that effectively block his regime from exporting crude to the U.S.
Japan’s ANA Holdings orders Boeing, Airbus jets worth $4.3 billion
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.
Jet Airways to cancel 15 flights today, 6 Boeing 737 planes grounded
Crisis-ridden Jet Airways has decided to cancel 15 flights on Wednesday following grounding of six Boeing 737 planes due to non-payment of lease rentals, according to sources.
Lessors move to ground Jet Airways planes, GECAS takes first step
In a first such move by a creditor in relation to Jet Airways, US-based aircraft lessor GECAS has asked the debt-laden airline to ground at least five Boeing 737 planes due to non-payment of dues.
Jet Airways forced to ground three planes on lease rental default
Crisis-ridden Jet Airways was Tuesday forced to ground three of its Boeing 737 planes due to non-payment of lease rentals, leading to cancellation of around 20 domestic flights, according to sources.
State Bank of India poised to control 15% in debt-laden Jet Airways
Jet Airways, the carrier that is struggling under a pile of debt, may get some respite.
FIR against Spicejet chief Ajay Singh, 7 directors in cheating case
The Delhi Police has registered an FIR against Spicejet Chairman-cum-Managing Director (CMD) Ajay Singh and seven other directors of the airline in a cheating case, officials said on Tuesday.