Making a large foray into the airport sector, Gautam Adani-led Adani Enterprises has won five out of six airports. Sources aware of the development said that Adanis were the highest bidder for Ahmedabad, Jaipur, Mangalore, Trivandrum and Lucknow Airport. The government had put the airports on sale and invited bids from private players to operate […]
Day: February 25, 2019
GE T&D India bags Rs 162 crore order from PowerGrid
GE T&D India Monday said it has bagged a Rs 162 crore order from Power Grid Corporation to set up a high-voltage substation in Bhuj for evacuating 2,500 MW of wind power. Post execution of this project, various wind farm developers will be able to transmit the power generated in Gujarat to Green Energy Power […]
Indian oil Corporation seeks LNG cargo for April delivery
Indian Oil Corp is seeking a liquefied natural gas (LNG) cargo for delivery in April, two industry sources said on Monday. The company is seeking the cargo for delivery into the port of Dahej on April 20, one of the sources said. The tender closes on March 27 and is valid for a day, the […]
Jet Airways shares fall 3 pc on reports of SBI mulling moving NCLT against airline
Shares of Jet Airways fell 3 per cent in afternoon trade Monday on reports that State Bank of India (SBI) is mulling moving the National Company Law Tribunal (NCLT) against the debt-laden airline, even as the lender said no such decision had been taken. The cash-strapped full service carrier is looking to rejig debt and […]
Maha power theft: 2 get 2 years in jail, fined over Rs 40 lakh
Two people running an engineering unit in Maharashtra’s Thane district were found guilty of electricity theft and sentenced to two years in jail by a local court. District Judge P P Jadhav imposed a fine of Rs 35.85 lakh on unit owner Khalil Ahmed Navabali Subhedar and Rs 5.97 lakh on unit operator Anis Ahmed […]
Ganga Expressway, India’s longest expressway, on fast-track
Ganga Expressway in Uttar Pradesh to soon see the light of the day! Said to be India’s longest expressway, the ambitious Ganga expressway project, is on fast-track under Yogi Adityanath-led Uttar Pradesh government. Over a decade after former Uttar Pradesh Chief Minister and Bahujan Samaj Party (BSP) supremo Mayawati announced the ambitious expressway project worth […]
Waaree Energies eyes Rs 400 cr revenue from rooftop solar in FY’20
Solar equipment maker Waaree Energies Monday said it is eyeing Rs 400 crore turnover from rooftop solar in the next financial year. The company plans to add 100 MW of rooftop solar in 2019-20, it said in a statement. With a significant investment in the segment, the company is present through both CAPEX & OPEX […]
‘Give power to MSME Park plots by month-end’
Collector K. Bhaskar has asked the APTransco and APEPDCL to complete work on providing electricity connections to the plots developed at MSME Park at Gurrampalem by month-end. At the meeting of District Industries Promotion Committee, Mr. Bhaskar said that the work should be completed by the deadline without fail. The Collector further said that as […]
HPCL gets equipment for its modernisation
The Hindustan Petroleum Corporation Limited (HPCL) has received crude and vacuum columns, the main equipment for the Crude Distillation Unit (CDU) being set up as part of the Visakh Refinery Modernisation Project (VRMP). The equipment was shifted from Hindustan Shipyard Limited by a huge vehicle on Sunday. The VRMP involves an investment of approximately Rs. […]
Airport staff injured after being hit by bus
A contract employee sustained injuries allegedly after being hit by a bus of IndiGo carrying passengers to an aircraft inside the Kempegowda International Airport (KIA) on Saturday evening. Sources said, “Shiv Shankar, a contractual employee of the AI Engineering Services Limited, was returning to the terminal after despatching a flight when he was hit by […]
In a first, Air Force commissions aerial surveillance
The Indian Air Force (IAF) has commissioned the development of an aerial surveillance system for monitoring suspicious movements under dense foliage cover along the international border and some parts within the country. This hyper spectral imagery programme, a first for the country, seeks to locate and identify suspicious movements and is expected to be operational […]
A shot in the arm for upgrade of An-32 aircraft
The Indian Air Force (IAF) has reason to cheer as all issues related to the upgrade of An-32 transport aircraft, its workhorse, have been resolved, according to the head of the Antonov State Corporation of Ukraine. At Aero India, Ukraine also offered its new An-132 aircraft to the IAF as a replacement for the An-32 […]