The National Thermal Power Corporation (NTPC) has invited bids to set up charging stations for electric vehicles (EVs) including buses and four-wheelers, on a turnkey basis. The scope of work includes the supply, packing, and forwarding, transportation, storage, installation and commissioning of the EV charging stations. The successful bidder will also have to provide maintenance […]
Day: March 15, 2019
Brookfield-led InVIT to buy RIL’s East-West gas pipeline for Rs 13,000 cr
Canadian investor Brookfield-led India Infrastructure Trust (InVIT) has agreed to buy billionaire Mukesh Ambani’s loss-making East-West gas pipeline for Rs 13,000 crore. The InVIT will acquire 100 per cent equity interest in Pipeline Infrastructure Pvt Ltd, owner and operators of the pipeline that transports Reliance Industries Ltd’s eastern offshore KG-D6 gas to customers, according to […]
Jet Airways crisis: Flyers rage over flight cancellation, some back boycott
India’s embattled Jet Airways put photographs of smiling women employees on social media last week for Women’s Day, using the tagline “Standing tall; touching the skies” but few passengers reacted cheerfully. “‘Touching the skies’ is a good joke at a time when your flights are getting grounded,” said a respondent on Twitter, while others expressed […]
IndiGo to start Chennai-Raipur, Hyd-Gorakhpur, Kolkata-Gorakhpur flights
Budget carrier IndiGo Friday said it will start daily flights on three new routes – Chennai-Raipur, Hyderabad-Gorakhpur and Kolkata-Gorakhpur — from April. The carrier also said that April onwards, it will add more flights on the Chennai-Trivandrum, Bengaluru-Mangalore, Bengaluru-Udaipur and Bengaluru-Chennai routes. “We are very excited to add 14 new flights to our network along […]
Tata Power-DDL ties up with European firms to implement smart grid pilot in Delhi
Tata Power-DDL Friday joined hands with European firms Enedis, Schneider Electric, Odit-e and VaasaETT to implement a 1-megawatt smart grid demonstration project in the national capital, which would be insulated from any blackout in the main grid. This microgrid will cater to a specific area which could be connected to main grid or can be […]
FAA’s close ties to Boeing questioned after 2 deadly crashes killing total of 346 people
For more than six decades, the Federal Aviation Administration has relied on employees of airplane manufacturers to do government-required safety inspections as planes are being designed or assembled. But critics say the system, dubbed the “designee program,” is too cozy as company employees do work for an agency charged with keeping the skies safe while […]
Thermal power capacity addition hits a speed bump
Fresh capacity addition in the thermal power sector has fallen woefully short of targets. Of the 4,850 MW capacity envisioned for the fiscal year 2018-19, only 44 percent has been added. No capacity was added by Centre-owned utilities in the period under review. State-owned generators barely managed to accomplish half of their target of 3150 […]
Policy prop fails to check oil imports
Domestic oil and gas output has fallen in the last four years and imports have increased even as the government changed the rules for exploration to attract investments. Crude oil production has declined 4.7 per cent and natural gas by 2.9 per cent since 2014-15, while consumption increased at a healthy annual rate. Government data […]
Tariff raised by 37% for Reliance pipeline
Oil regulator PNGRB has approved a 37 per cent rise in tariff from April 1 for the pipeline that transports Reliance Industries’ eastern offshore KG-D6 gas to customers. “Transporting natural gas on the East West pipeline would cost Rs 71.66 per million British thermal unit (mBtu) on gross calorific value (GCV) basis from April 1 […]
Prized ONGC asset sale nixed
Top executives of Oil and Natural Gas Corporation (ONGC) and bureaucrats within the government have successfully thwarted an attempt by the Niti Aayog to privatise the country’s largest oil and gas producing fields, including those in the famed Bombay High and Vasai East. A high-level committee headed by Niti Aayog vice-chairman Rajiv Kumar favoured “transferring” […]
Boeing stops deliveries of their MAX 737 model in wake of crash
SEATTLE: Boeing Co confirmed suspension of deliveries of 737 MAX aircraft on Thursday but continues to produce its single-aisle jets at full speed while dealing with the worldwide 737 MAX fleet’s grounding following a deadly Ethiopian Airlines crash. Reuters reported on Wednesday that deliveries were effectively halted as most airlines would avoid taking a jet […]
Calcutta airport alert extended
The security alert sounded for all airports following the Pulwama attack on January 14 has been extended indefinitely, a move that has dashed hopes of an early end to long queues triggered by the beef up. “We were informed at a meeting on Tuesday that the security alert has been extended for an indefinite period. […]