SJVN Limited has issued a notice inviting expressions of interest (EoI) from interested parties to offer their solar and hydropower projects for acquisition by SJVN. Power generation companies, power project developers, IPPs, state electricity boards, and lenders owning hydro or solar power projects which are operational or under development in various Indian states are eligible […]
Day: July 30, 2020
Shell profits plunge 82% as coronavirus pandemic hits energy demand
Royal Dutch Shell said Thursday that its second-quarter earnings plunged 82% as the COVID-19 pandemic slashed energy prices and demand. Shell reported that adjusted profit, which excludes one-time items and changes in the value of inventories, dropped to $638 million from $3.46 billion in the same period last year. Shell took a charge of $16.8 […]
Govt imposes safeguard duty on solar cells for one more year till July 2021
The government has imposed safeguard duty on solar cells for one more year till July 2021 to protect domestic manufacturers and discourage cheap imports from countries like China. The move followed recommendation by the commerce ministry’s investigation arm Directorate General of Trade Remedies (DGTR) for continued imposition of the duty for one more year. In […]
Diesel to get cheaper in Delhi by more than Rs 8 per litre as govt cuts VAT
The Delhi Cabinet on Thursday decided to reduce value added tax (VAT) on diesel from 30% to 16.75%. This will reduce price of diesel in Delhi from Rs 82 to Rs 73.64, a deduction of Rs 8.36 per litre. The decision was taken at the cabinet meeting chaired by chief minister Arvind Kejriwal. Earlier, Kejriwal […]
Electricity bill payment machine project in Ludhiana to be discontinued due to few takers
With few opting to pay electricity bills through bill payment machines installed at 20 Punjab State Power Corporation Limited (PSPCL) offices in Ludhiana, authorities have decided not to renew the contract of the private firm maintaining the machines. To inform residents, a notice has been displayed near the machines that they will not be functional […]
Petrol pump dealers in Ludhiana up in arms over high fuel prices in Punjab
As part of the statewide protest against higher VAT on fuel in Punjab compared to its bordering regions, and to pay tribute to deceased petrol pump owner – GS Chawal, who ended his life after reportedly going bankrupt due to the disparity, petrol pump dealers in Ludhiana district went on strike on Wednesday. The dealers […]
UK again extends visa of stranded Indians until August 31
The Boris Johnson government on Wednesday granted another visa extension until August 31 to Indian and other non-EU citizens currently in the UK who are unable to travel to their destinations in India and elsewhere due to travel bans in various countries. The extension comes as some relief to Indians whose visas were about to […]
Air India aircraft maintenance engineers write to PM Modi, suggest ways to cut costs
Joining pilots in their fight against discriminatory pay cuts, Air India (AI) aircraft maintenance engineers (AME) on Wednesday wrote to Prime Minister Narendra Modi requesting him to urge the aviation ministry to revisit the salary issue. The letter, written by the Joint Forum Of Air India, suggested ways for the airlines to cut costs by […]
BPCL bid deadline now September 30
The deadline to submit expressions of interest (EoIs) for PSU refiner BPCL has been extended for the third time till September 30. “In view of the further requests received from the interested bidders and the prevailing situation arising out of Covid-19, the last date and time for the submission of EoI is extended up to […]
IndiGo, SpiceJet deep in the red
InterGlobe Aviation on Wednesday reported a net loss of Rs 2,844.3 crore for the June quarter — its sharpest quarterly loss in at least five years — as coronavirus-related restrictions hit its operations hard. The parent of the country’s largest airline IndiGo had recorded a net profit of Rs 1,203.1 crore a year ago. IndiGo […]
Rahul Gandhi congratulates IAF, questions govt
Rahul Gandhi has stuck to his guns on the Rafale deal amid the euphoria whipped up by the Centre and a section of the media on Wednesday, resurrecting all the questions the Congress leader had asked during Narendra Modi’s first term as Prime Minister. Rahul tweeted: “Congratulations to IAF for Rafale. Meanwhile, can the Government […]
Five Rafale jets land at Ambala Air Force Station
Nearly 23 years after Sukhoi aircraft were imported, a fleet of five French-manufactured Rafale multi-role combat jets touched down in India, giving the country’s air power a strategic edge over its adversaries in the neighbourhood. The aircraft, having an undisputed track record and considered one of the most potent combat jets globally, landed at the […]