Public sector behemoth Indian Oil Corporation (IOC) will take 50 acre land on lease in Gorakhpur, the home turf of chief minister Yogi Adityanath, for setting up an ethanol plant costing nearly Rs 800 crore. The land belongs to the defunct Dhuriapar cooperative mill in Gorakhpur district. The prestigious project had been hanging fire for […]
Day: March 5, 2019
MNRE to frame rules for manufacture, disposal, import of antimony-coated solar modules
The Ministry of New and Renewable Energy (MNRE) will soon come up with a blueprint for the utilization, manufacture, disposal, and import of solar photovoltaic (PV) module and glass containing antimony. Antimony is a chemical element that has been found to have hazardous effects on the environment. MNRE’s decision comes on the heels of directions […]
Crude oil futures rise to Rs 3,995 per barrel
Crude oil futures rose by Rs 9 to Rs 3,995 per barrel in futures market Tuesday as speculators created fresh positions amid weak global cues. At the Multi Commodity Exchange, crude oil for delivery in March was trading higher by Rs 9, or 0.23 per cent, to Rs 3,995 per barrel with a business turnover […]
Holi bonanza: Indigo airlines offers 3-day special sale; know the details
IndiGo airlines Tuesday announced a three-day special Holi sale across its domestic and international network for travel between March 19 and September 28. “Effective March 05, 2019 till March 07, 2019, IndiGo is offering all-inclusive fare starting at Rs 899 across domestic and Rs 3,399 across international sectors. This sale is valid for travel between […]
SECI to announce 250 MW floating solar tender for Tamil Nadu
The Solar Energy Corporation of India Ltd (SECI) has issued a tender for utilization of water bodies (reservoirs, dams, lakes) in Tamil Nadu for development of 250 MW floating solar PV capacity. The detailed Request for Selection (RfS) will be available for downloading by March 29, 2019. As implementing agencies and developers both grapple with […]
Vistara to operate 16 new flights starting March 5
Domestic full-service carrier Vistara on Tuesday announced launch of 16 new daily flights, including to two new destinations Raipur and Dibrugarh, as part of its network expansion plans. The new services commence from Tuesday in a phased manner, Delhi-based Vistara said in a release. The airline will also introduce its flight services to Jammu from […]
Action against four Air India employees for ‘stealing’ unserved food
NEW DELHI: Air India has taken disciplinary action against its four employees for allegedly “stealing” unserved food and dry ration from its planes, senior officials of the national carrier have said. In August 2017, Air India’s chairman and managing director Ashwani Lohani had issued an internal communication saying that ground staff and officers often take […]
Goyal dedicates to nation 1,000-MW thermal power project of NTPL
New Delhi, Mar 4 () Coal Minister Piyush Goyal Monday dedicated to the nation a 1,000-megawatt (MW) thermal power project of Neyveli Tamil Nadu Power Ltd (NTPL) and a 150-MW solar power projects of NLC India Ltd (NLCIL) in Tamil Nadu. “Piyush Goyal…has dedicated the 1,000 MW coal-based thermal power station of Neyveli Tamilnadu Power […]
ONGC gets single bid from Schlumberger for oil field production upgrade
NEW DELHI: State-owned ONGC has received just one bid from US oilfield service company Schlumberger Ltd for its ambitious pilot to raise output from ageing oilfields through the infusion of technology, sources with direct knowledge of the development said. India’s top oil and gas producer plans to hire international oil service companies for the first […]
Lessor dues: After 19 planes in February, Jet Airways grounds six more in March so far
NEW DELHI: In what has become an almost daily feature, Jet Airways on Monday informed BSE that it has grounded two more planes “due to non-payment to lessors”. On March 1 and 2, they had told BSE about grounding two planes each on both days. While six planes have been grounded this month so far, […]
Coal India’s output up 6.6% so far this fiscal
Coal India Ltd witnessed a 6.6-per cent growth in production at 527.70 million tonnes (mt) so far during this fiscal (April-February), compared with 495.08 mt during the same period last year. Coal offtake by CIL during the first 11 months of the current financial year was up nearly 4.5 per cent at 548.48 mt (525.04 […]
AG&P to invest $1.3 billion in city gas distribution
AG&P (Atlantic, Gulf and Pacific Company of Manila), which has won the rights to create a network and deliver natural gas in 28 districts in India, foresees investments close to $1.3 billion. “Investment by AG&P will be substantial and in a phased manner as construction of the infrastructure gets underway, with a projected investment of […]