Oil Marketing Companies (OMCs) will engage more than 10,000 rural women as “Ujjwala Didis” to act as grassroot energy ambassadors across Odisha to ensure sustainability of LPG use. “More than 10,000 Ujjwala Didis have been identified who will act as grassroot energy ambassadors all over Odisha,” Chief General Manager, IOCL & SLC Oil Industry, Odisha, […]
Day: February 23, 2019
Adani Green Energy arm bags tender to set up solar power project in Gujarat
Adani Green Energy Saturday said its subsidiary has been awarded a tender to set up a 150 MWac solar power project in Gujarat and the project is expected to be commissioned by October-December quarter of 2020-21 financial year. According to a regulatory filing, “Adani Renewable Energy Park (Gujarat), a wholly-owned subsidiary of Adani Green Energy […]
Shareholders of Jet Airways approve debt-for-equity swap
Jet Airways Ltd said late on Friday that its shareholders approved a plan to convert existing debt to equity, paving the way for the troubled company’s lenders to infuse funds and nominate directors to its board. Jet’s board last week approved a plan by lenders, led by State Bank of India, for an equity infusion, […]
Vistara, Japan Air sign code share deal
Full-service carrier Vistara, and Japan Airlines announced a code share partnership on Friday that will allow passengers a seamless transfer from one airline to the other. With this agreement, Vistara has become the only code share partner for Japan Airlines in India. Japan Airlines will now be able add its ‘JL’ designator code to approximately […]
Jet investors okay loan-to-share conversion
Shareholders of Jet Airways have approved the conversion of loan into shares and other proposals as the crisis-hit carrier seeks to fly out of financial turbulence. During the extraordinary general meeting (EGM) on Thursday, the shareholders also approved alterations to the company’s articles of association and memorandum of association . According to a filing with […]
Jet to inform bourses about EGM today
Jet Airways has told the exchanges that the consolidated report of the e-voting at the extraordinary general meeting (EGM) would be provided by Saturday evening. This follows speculation on the delay in reporting to the stock exchanges, since the EGM ended before 5 p.m. on Thursday. The EGM was convened to take shareholders’ approval for […]
190 kw solar power plant inaugurated
Jyothishmathi Institute of Technology and Science (JITS) has emerged as the first educational institution in integrated Karimnagar district to install a 190 kw solar rooftop system to encourage green power and protect the environment. Set up at a cost of Rs. 1.4 crore, this solar system is expected to generate approximately 2.85 lakh units of […]
No power tariff hike in Andhra Pradesh
There is no increase in power tariff for any category of consumers in Andhra Pradesh for 2019-20, for the fifth year in a row, except for railway traction. The Andhra Pradesh Electricity Regulatory Commission (APERC), which announced the retail supply tariffs for 2019-20 here on Friday, also provided some relief to about 39.42 lakh consumers […]
We can beat legacy issues: Air India CMD
Chairman and managing director of Air India, Ashwani Lohani, on Friday exuded confidence that the debt-laden national carrier, with time, can emerge from the legacy issues that pose many challenges. “If you have the will, anything is possible,” he told a conclave organised by the Indian School of Business (ISB), even while admitting that the […]
Non-renewable energy will fuel country soon: AERB chief
Chairman of the Atomic Energy Regulatory Board Gunturu Nageswara Rao has said that a new electricity policy would be introduced in the country soon. Mr. Rao, who inaugurated Srujanankura, a national-level tech extravaganza and Anveshan, south zone inter-university student research convention, at Vignan’s Foundation for Science, Technology and Research (VFSTR – Vignan Deemed to be […]
Fuel conservation awareness campaign launched
Indian Oil Corporation along with the Coimbatore City Traffic Police on Friday kick-started a campaign to create awareness among motorists on oil conservation and traffic rule compliance. Two themes Deputy Commissioner of Police, Traffic, Sujith Kumar inaugurated the campaign at Lakmi Mills Junction by distributing copies of The Hindu that contained flyers with messages on […]
Prisoner-run fuel outlet opened
An Indian Oil Corporation refuelling outlet manned by convict prisoners began operations here on Dr. Nanjappa Road. Chief Minister Edappadi K. Palaniswami inaugurated the IOC fuel outlet through video conferencing from Chennai. Deputy Inspector General of Prisons, Coimbatore Range, R. Arivudainambi, Superintendent, Coimbatore Central Prison, R. Krishnaraj, General Manager, IOC, Chennai, R. Suresh and others […]