The 35th state advisory committee meeting was held at the office of Uttarakhand Electricity Regulatory Commission (UERC) on Monday during which the business plan along with tariff petitions for the financial year 2019-20, true-up for the financial year 2017-18 and the annual performance review for the financial year 2018-19 was placed by Uttarakhand Jal Vidyut […]
Day: February 12, 2019
Over 3K power theft cases settled at Lok Adalats: BSES
Power Distribution Company BSES has settled over 3,000 power theft cases at Lok Adalats held on Sunday through mutual agreement between parties involved. The cases were settled at the district courts of Saket, Dwarka and Karkardooma and permanent the Lok Adalat at ITO, a BSES spokesperson said.
SpiceJet’s Q3 profit dips 77%
Frill-free passenger carrier SpiceJet on Monday reported 77 per cent decline in net profit at Rs 55.1 crore for the quarter ended on December 31, 2018. The standalone net profit for the same period last fiscal was Rs 240 crore. An 8 per cent increase in passenger yields helped it partially offset high cost, it […]
Jet withdraws flight service to Guwahati & Delhi from Aizawl
After the withdrawal of flights to Guwahati and Delhi from here by Jet Airways, Mizoram now has direct air link with Kolkata only, officials said on Sunday. The Saturday Jet Airways Aizawl-Guwahati flight was the last one to take off from Lengpui Airport here as the airline has withdrawn flights on the route from Sunday […]
UAE keen to invest in refining, petrochem projects, store oil in India
Greater Noida: Betting big on rising oil demand in the world’s third largest energy consumer, oil-rich UAE Monday said it is looking at investing more in refining and petrochemical projects as well as stocking more crude in India.
Boeing delivers first four Chinook copters
American aerospace major Boeing on Sunday announced the arrival of first batch of four Chinook military helicopters for the Indian Air Force at the Mundra port in Gujarat. A statement from the company said the CH47F (I) Chinooks will be ferried to Chandigarh, where they will be formally inducted into the Indian Air Force later […]
Just 28,000 households away from reaching 100 per cent electrification: Modi govt
New Delhi: As it were 28,594 families have been cleared out to be energised over the nation, according to the official data by Ministry of Power. Of the number, whereas 20,134 households units are cleared out in Chhattisgarh, 8,460 are however to be zapped in Rajasthan, the Saubhagya dashboard appeared. To date, 16,94,616 and 7,07,727 […]
VVIP chopper case: Court orders in-camera proceedings for Rajeev Saxena
The Enforcement Directorate did not seek any further custody of Rajeev Saxena, arrested in the Rs 3,600-crore AgustaWestland money laundering case, from a Delhi court on Tuesday. Saxena, whose ED custody ends Tuesday, sought to talk to Special Judge Arvind Kumar in private, without the presence of his lawyers, after which the court initiated in-camera […]
ED tracks Swiss Bank A/Cs of Agusta scamster
The Enforcement Directorate (ED) has tracked a dozen Swiss bank accounts in the name of Rajiv Saxena, who is key accused in the Rs 3,600 crore AgustaWestland VVIP chopper scam. The ED has also found out accounts held by his family members and associates where the kickbacks in the now scrapped deal were allegedly parked. […]
Thermal power projects with investments worth Rs 2.5 lakh cr facing stress: Report
New Delhi: Investments worth over Rs 2.50 lakh crore in thermal power projects (based on domestic coal, imported coal and gas) are facing stress, and immediate remedial measures are needed to ensure that they are revived in a time-bound manner, as per a report.
Govt to table CAG report on Rafale deal in Parliament
The Government is scheduled to table the CAG report on Rafale jet fighter deal, which has generated a massive political controversy, in Parliament on Tuesday, sources said. The Government’s decision to buy 36 Rafale fighter jets from French company Dassault has become a controversial political issue, with the main opposition party Congress levelling allegations of […]
REC takeover: PFC to draw Rs 10,000 crore from reserves
New Delhi: In spite of a prior arrangement to support its obtaining of the Center’s 52.63per penny stake in Rural Electrification Corporation (REC) fundamentally through borrowings, state-run Power Finance Corporation (PFC) will probably draw Rs 10,000 crore from its ‘stores and surplus’ to do the Rs 14,000-crore buy. The arrangement will appear in the not […]