The Madhya Pradesh Urja Vikas Nigam Limited (MPUVNL) has announced a tender for 25 MW of grid-connected rooftop solar photovoltaic (PV) projects to be developed under RESCO mode. The bid submission deadline is May 15, 2019. The power generated from these projects will be sold to industries located in the industrial areas of Mandideep in […]
Day: March 19, 2019
Sri Lanka to develop 28 small solar power projects
Sri Lanka will develop 28 small solar power projects in its north-central and eastern regions. The proposal was recently approved by the Cabinet of Ministers who gave consent to the development of 28 solar power projects from 28 investors in the island nation. The tariff for power generated from these projects has been set at […]
SpiceJet joins global airlines’ grouping IATA
Low cost carrier SpiceJet on Tuesday said it has become a member of global airlines’ grouping IATA. SpiceJet is the first Indian budget carrier to join the International Air Transport Association (IATA), which has over 290 airlines as members. “The IATA membership is also significant on account of SpiceJet’s plans to rapidly expand its international […]
Etihad wants to exit Jet for Rs 400 crore at a discount
Etihad has asked SBI and other lenders of bankrupt Jet Airways to buy its 24% stake for approximately Rs 400 crore or Rs 150/share, ET Now learns exclusively from sources. This is a considerable discount to the current market price, and demonstrates Etihad’s keenness to exit the beleaguered airline. By seeking Rs 150/share for an […]
Pricier natural gas may spike LPG, CNG rates
The domestically produced natural gas price, which is expected to go up during April-September period, will still be lower than $4 a unit (gas is measured in million British thermal units). The increase will mean a spike in prices of piped cooking gas (LPG) and compressed natural gas (CNG) used as transportation fuel. According to […]
Natural gas price may go up by 18% from April
The domestically produced natural gas price, which is expected to go up during April-September period, will still be lower than $4 a unit (gas is measured in million British thermal units). The increase will mean a spike in prices of piped cooking gas (LPG) and compressed natural gas (CNG) used as transportation fuel. According to […]
Power Ministry seeks enforcement of tariff rationalisation for hydropower projects
The Power Ministry has also notified the Hydropower Purchase Obligation as a separate entity within the Non-Solar Renewable Purchase Obligation The Ministry of Power has written to the Central and State Electricity Regulatory Commissions to enforce tariff rationalisation for hydropower projects. These measures are expected to bring down tariff for power generated from a new […]
As Etihad balks, Jet lenders look for a new investor
With Etihad Airways delaying a decision on infusing fresh equity into Jet Airways, the lenders of the debt-laden airline are exploring the possibility of bringing in a new investor. This could lead to the complete exit of Etihad from the Indian airline. Jet Airways’ promoter Naresh Goyal had proposed a plan under which Etihad was […]
Rooftop solar plants at corpn schools to save 4k MW daily
NEW DELHI: The North Delhi Municipal Corporation has initiated work on its mega project for installing solar power rooftop plants at 30 model schools, four hospitals and four zonal office buildings. The project will help the north corporation save at least 4,300 units of electricity every day. The civic agency has already given the task […]
Flight safety is at risk: Jet Airways’ aircraft engineers union to DGCA
As Jet Airways continue to ground aircraft and cancel significant number of flights, the airline’s aircraft maintenance engineers’ union wrote to the aviation regulator on Tuesday that three months of salary was overdue to them and flight safety “is at risk”. In a letter written to the Directorate General of Civil Aviation, Jet Aircraft Engineers […]
Jet pilots to meet today to discuss salary delay
Jet Airways pilots body National Aviator’s Guild (NAG) will host an Annual General Meeting (AGM) on Tuesday to discuss issues of salary delays arising out of the financial crisis faced by the airline. This comes even Naresh Goyal, the promoter and chairman of Jet Airways, in a letter to his employees asked them to be […]
Jet Airways grounds its operations at Abu Dhabi Airport
Jet Airways has grounded its operations at Abu Dhabi Airport from Monday for an indefinite period, citing operational reasons. Abu Dhabi is one of the two international hubs of Jet Airways. Dutch capital Amsterdam is the European gateway for the airline for its operations to Europe and beyond. “Jet Airways has cancelled all their flights […]