NEW DELHI: State-owned power giant NTPCNSE -0.91 % is planning to add 10GW of solar energy generation capacity by 2022, which entails an investment of around Rs 50,000 crore, to be funded mainly by green bonds, a source has said. At present, NTPC has installed renewable energy capacity of 920 MW, which includes mainly solar […]
Day: December 26, 2019
Cabinet gives ex post facto approval to pact with Saudi Arabia for cooperation in renewable energy
NEW DELHI: The Union Cabinet on Tuesday gave ex post facto approval to a pact with Saudi Arabia for cooperation in the renewable energy sector. “The Union Cabinet, chaired by Prime Minister Narendra Modi, was apprised of an MoU (memorandum of undertaking) between the Ministry of New and Renewable Energy and the Ministry of Energy […]
BHEL commissions first lignite-based 500 mw thermal Unit
NEW DELHI: State-run BHELNSE -0.23 % on Tuesday said it has commissioned the first lignite-based 500 MW thermal unit of NeyveliNSE 0.00 % New Thermal Power Project in Tamil Nadu. “This is the country’s first lignite-fired 500 MW power plant. Also, it is the highest rating pulverised lignite-fired thermal unit commissioned in the country so […]
GoAir cancels flights for third consecutive day due to delayed aircraft delivery
New Delhi: Budget carrier GoAir cancelled several flights on Wednesday due to delayed delivery of aircraft and grounding of two planes over maintenance issues, leaving several passengers stranded. According to industry sources, delay in plane delivery and maintenance work on two aircraft were major factor behind cancellations. The airline has been cancelling over 15 domestic […]
Boeing document dump shows ‘disturbing’ picture on 737 MAX: Official
NEW YORK: Boeing provided a fresh batch of incriminating documents on the 737 MAX to regulators and congressional investigators, only hours after announcing a leadership shakeup, officials confirmed Tuesday. The document dump came just before Christmas, when many officials already are on holiday, and “appear to point to a very disturbing picture” about Boeing’s response […]
Oil tops $61 as US crude oil inventories seen declining
Oil settled above $61 a barrel amid light volume as US President Donald Trump said a preliminary trade deal with China is “done” and ahead of government data expected to show another crude stockpile decline. Futures rose 1% in New York Tuesday to close at a three-day high. Trump suggested that the US and China […]
Delay in aircraft deliveries by Airbus added to operational challenge: GoAir
MUMBAI: Budget carrier GoAir, which cancelled multiple flights earlier this week, on Thursday said the delay in aircraft deliveries by Airbus has added to its operational challenge. The Wadia group-owned airline cancelled as many as 40 flights this week on account of shortage of staff and inclement weather, among others issues. “GoAir has placed order […]
For 1st time, AI refuses tickets to govt agencies that owe it over Rs 10 lakh
MUMBAI: Fund-starved Air India has decided to stop issuing tickets for official travel to personnel of government agencies that owe it over Rs 10 lakh. “The dues of various government agencies to Air India for ticket purchases add up to Rs 268 crore,” said an airline source. For the first time in its decades-long existence, […]
Air India’s Jaipur-Agra flight suffering losses
NEW DELHI: Air India’s sole direct flight between Jaipur and Agra is suffering losses and the government has spent Rs 5 crore so far to keep it running, according to official records seen by ET. A direct Air India flight was started between Jaipur and Agra in December 2017 under the Regional Connectivity Scheme with […]
Jet Airways’ closure, Kannur airport dent Mangaluru air traffic
BENGALURU: Mangalore International Airport (MIA) is seeing a sharp drop in passenger traffic after the closure of Jet AirwaysNSE 4.91 % and the launch of Kannur International Airport (KIA) in the neighbouring Kerala. The table-top airport in coastal Karnataka has taken a hit both in terms of aircraft movement and passenger traffic, according to the […]
Boeing shares ‘very disturbing’ messages on 737 Max with FAA
NEW DELHI : Fresh doubts have arisen about Boeing Co’s grounded 737 MAX aircraft following a new batch of messages between Boeing Co. employees, which were later brought before a US. House Committee, according to Bloomberg. Deliveries of the aircraft to worldwide customers including India’s SpiceJet, which was one of the largest buyers, have already […]
Allow us to quit without serving notice, clear our dues: Air India pilots to Centre
NEW DELHI: Flagging concerns over unpaid dues, an Air India pilots’ union has urged the government to allow their members to quit the debt-laden carrier without serving notice period. As the government works out the modalities for the sale of the national carrier, the Indian Commercial Pilots’ Association (ICPA) has also warned that they are […]