Petrol price climbed to Rs 84.20 a litre in the national capital on Thursday. This marks the highest ever price at which petrol has been sold in New Delhi, surpassing the earlier high of Rs 82 a litre that was recorded on October 4, 2018. Oil companies had hiked the price of Petrol by 23 […]
Day: January 7, 2021
L&T Hydrocarbon Engineering bags offshore contract from state-owned ONGC
L&T Hydrocarbon Engineering (LTHE), a wholly-owned subsidiary of Larsen & Toubro, has secured a contract from Oil & Natural Gas Corporation (ONGC) for their new living quarter (LQ) & revamp at ‘NQ Complex’ (NLRNC-RT2) Project. The EPCIC contract involves engineering, procurement, construction, iInstallation and commissioning of a new living quarter platform, ‘NQL Platform’ with 120 […]
IL&FS Solar Power pays Rs 845 crore debt as part of resolution plan
IL&FS Solar Power (ISPL), a part of the troubled IL&FS Group, said on Thursday that it has paid its entire debt of around Rs 845 crore across all its creditors as a part of the resolution process. The cash-strapped IL&FS Group has been trying to sell assets for debt resolution and had publicly solicited bids […]
Air traffic restored between Kashmir and rest of country after 4-day haitus
Air traffic between Kashmir and the rest of the country was restored on Thursday after remaining suspended for four days due to snowfall in the valley, officials said. “The first flight has landed at Srinagar Airport this morning. The flight is scheduled to leave for Delhi soon,” an official of the Airport Authority of India […]
Flights suspended, highway closed as snowfall continues in Kashmir valley
Srinagar: Kashmir remained cut off from rest of the country for the fourth consecutive day on Wednesday as the arterial Jammu-Srinagar national highway and the Mughal road remained closed, while air traffic was suspended due to heavy snowfall across the valley. The snowfall began on Sunday and continued in many areas when last reports came […]
‘100% power supply restoration to take 2 more days’
Braving heavy snowfall and cold temperature, around 5,000 employees of the Power department are working tirelessly to restore electricity in Kashmir division which has seen heavy damages to power infrastructure due to three-day spell of snowfall. According to Kashmir Power Development Corporation Limited, the full restoration of power supply in Kashmir will take another 48 […]
J&K: Air traffic restored after four-day suspension due to snowfall
Air traffic between Kashmir and the rest of the country was restored on Thursday after remaining suspended for four days due to snowfall in the valley, officials said. “The first flight landed at Srinagar Airport this morning. The flight is scheduled to leave for Delhi soon,” an official of the Airport Authority of India said. […]
Heavy snowfall batters Kashmir; highway shut, flights suspended for 4th day
Kashmir remained cut off from the rest of the world for the fourth consecutive day on Wednesday as the Srinagar-Jammu highway remained blocked and air traffic suspended due to heavy snowfall. Officials told news agency GNS that the work is underway to clear the highway — the only surface link connecting Kashmir with the outside […]
8 rescued from mudslide on Jammu-Srinagar highway
Eight people were rescued after their vehicles got trapped in a mudslide near Panthiyal along the Jammu-Srinagar national highway, officials said on Wednesday. The 270-km highway was closed for traffic on Sunday following heavy snowfall and incessant rains which triggered multiple landslides and shooting of stones from the hillocks. The eight people hailing from Rajasthan […]
Coal India sets sights on big auction
Coal India has set its sights to auction 120 million tonnes (mt) of coal by March 2021, the most in a year with the previous high being 114mt recorded in 2016-17. Coal India officials on Wednesday said the miner has auctioned 81.4mt under five windows till December 2020, higher by 35.2mt compared with 46.2mt sold […]
Few tankers move, fuel supply erratic
A few tankers started ferrying petro fuels from the IOCL terminal of New Jalpaiguri from Tuesday night, their numbers increasing on Wednesday as talks between the oil company and tanker owners and drivers somewhat eased the deadlock over transport rates, but fuel supply was far from normal. Although supply is limping back — a fourth […]
Oil rises to 11-month high after Saudi Arabia pledges unilateral output cut
Oil prices rose on Wednesday to their highest since February 2020 after Saudi Arabia agreed to reduce output more than expected in a meeting with allied producers, while industry figures showed US crude stockpiles were down last week. Brent crude rose as much as 0.9% to $54.09 a barrel, the highest since Feb. 26, 2020. […]