With its previous offers to sell Pawan Hans finding no takers, the Centre is looking to reduce the liabilities of the helicopter firm before inviting fresh expression of interest (EoI) soon. “The government is likely to take some decisions to reduce liabilities and risks associated with the company,” an official told FE. The Centre owns […]
Day: April 30, 2019
Vistara to lease six of Jet Airways’ grounded Boeing aircraft
After low-cost carrier SpiceJet, Tata Sons and Singapore Airlines, joint venture Vistara will induct Jet Airways’ grounded aircraft to its fleet to operate on vacant slots at Delhi and Mumbai airports. Vistara, which currently operates Airbus fleet, will be leasing six Boeing 737 planes of Jet which have been deregistered by lessors. The decision to […]
Expansion mode: ONGC readies investment plan for Kutch offshore
India by 2021 will witness hydrocarbon production from its eighth sedimentary basin, Kutch offshore, as national explorer ONGC has prepared an investment plan that will be submitted soon to the Directorate General of Hydrocarbons (DGH). Kutch offshore is estimated to hold about 1 trillion cubic feet of gas reserves. While work to put the basin […]
Jet Airways fiasco: India’s forex kitty hit as Qatar, British Airways, Etihad take international slots
The Jet Airways crisis has not just left a void in the Indian aviation industry but is also costing India its forex, President of Engineering Union of Jet Airways told Financial Express Online. While the domestic slots of the airline have been given to rival SpiceJet and Air India and IndiGo, its international slots have […]
Iran inflation could reach 40% this year as economy shrinks further: IMF
DUBAI: Iran’s economy is expected to shrink for the second consecutive year and inflation could reach 40 percent, an International Monetary Fund senior official said, as the country copes with the impact of tighter sanctions imposed by the United States. Washington, which re-imposed sanctions against Iran’s oil exports last November, this month demanded buyers of […]
Oil dips as rising OPEC, US output seen making up for Iran sanctions shortfall
SINGAPORE: OilNSE 0.03 % prices dipped on Tuesday on expectations rising output from the United States and producer club Opec would offset most of the shortfall expected from US sanctions on Iran, but analysts said markets remained tight. Brent crude futures were at $71.86 per barrel at 0103 GMT, down 18 cents, or 0.3 per […]
How does the generator industry in India function?
Role of Power Generators in Modern India Electricity is a lifeline that people in the 21st century cannot do without. Most kinds of activities whether they are commercial, industrial or household need electricity to perform. Typically, electricity boards supply electric power (known as grid power) for industrial, commercial and residential use with a promise to […]
Permissible emission limit and other CPCB regulations that diesel generator manufacturers and users need to be aware of
Are you a diesel genset manufacturer, assembler, importer or user? If so, then you need to be aware of all the requirements laid down by CPCB so that you can manufacture or use only those gensets that are in conformance to the prescribed emission standards. Why it is essential to have emission limits for a […]
Generator service centre: How does it function, everything you need to know before visiting one
If you are an Indian you would have experienced power cuts in your grid supply for some reason or the other. These power cuts affect everyone who receives power supply from the grid. You could be a small production unit owner or a shopkeeper or even a resident at home or in apartment complexes, nonetheless, […]
Generator noise level regulations: Permissible limits and different types of gensets
Undoubtedly, generators have become indispensable in the present times. Generators are applicable almost everywhere from homes, offices to industries. However, most of the generators are accompanied by a noise that is produced due to its operation. This noise can be detrimental for the human ear and lead to several problems. That is why the Central […]
NHPC inks MoU with Indian Army to build bunkers, caverns
NEW DELHI: State-run hydro power giant NHPCNSE -1.70 % said Monday that it has entered into a pact with the Indian Army to construct underground bunkers and caverns across India. “NHPC Ltd has signed a memorandum of understanding (MoU) with the Indian Army on April 25, 2019, for undertaking construction of semi-underground bunkers and fully […]
High oil prices may stoke inflation, hurt companies’ earnings
MUMBAI: A surge in crude oil prices threatens to stoke inflation, derail earnings growth of companies, and hurt India’s economy in the year ahead. As the world’s third largest importer of oil, India is among the most vulnerable to rising energy costs. It imports more than 80% of its oil requirements. With Brent crude at […]