India should not crush its energy aspirations in quest to follow the West, coal minister Pralhad Joshi said on Monday adding the country should make maximum use of its coal reserves while shifting to cleaner forms of energy. Joshi said some groups often irresponsibly argue to shun coal, without assessing its implications. He said the […]
Day: January 11, 2021
India’s annual oil usage falls for the first time in 21 years
India’s overall petroleum demand in 2020 fell for the first time in more than two decades as the Covid-19 pandemic shuttered businesses and factories, crimping the appetite of one of the world’s biggest consumers. Demand for total petroleum products — including diesel, gasoline and jet fuel — slid 10.8 per cent from a year earlier, […]
BHEL secures Rs 450 cr order for steam and power plant from NALCO
State-run engineering firm BHEL on Monday said it has bagged an order worth Rs 450 crore for a steam and power plant from National Aluminium Corporation Limited (NALCO). The Rs 450 crore order has been placed on BHEL by NALCO for its 5thStream Alumina Refinery Expansion Project at Damanjodi, Odisha, Bharat Heavy Electricals Limited (BHEL) […]
SECI may reduce solar tender size due to high tariff concerns
The Solar Energy Corporation of India is likely to reduce the size of its latest solar tender as well as change location specifications, sources said. The size is being brought down from 2,500MW to 1,800MW. While earlier the projects were to be located at the solar park in Koppal district of Karnataka, SECI has now […]
Adani Green commissions 25 MW solar plant in Chitrakoot
Adani Green Energy (AGEL) on Monday said it has commissioned a 25 MW solar power plant in Chitrakoot, Uttar Pradesh. Adani Solar Energy Chitrakoot One Ltd, a step-down subsidiary of AGEL, has commissioned the solar power plant, a company statement said. This plant has a power purchase agreement with Noida Power Company (NPCL) at Rs […]
Tata Power’s power sale agreement with SECI for 200 MW of solar gets regulatory approval
The Delhi Electricity Regulatory Commission (DERC) approved the power sale agreement (PSA) signed between the Tata Power Distribution Limited (TPDDL) and the Solar Energy Corporation of India (SECI) for the procurement of 200 MW of solar power. The Commission said that the trading margin of ₹0.02 (~$0.0003)/kWh would apply to the agreement. TPDDL had filed […]
Singapore Airlines readies first US dollar bond, term sheet shows
A term sheet for Singapore Airlines’ first U.S. dollar bond has been circulated by bookrunners for the potential issue, and calls were being held with prospective investors on Monday, according to the document seen by Reuters. The size of the deal will be determined on Tuesday following the briefings with investors in Asia and Europe, […]
All-woman cockpit crew scripts history after completing Air India’s longest direct flight
Air India’s longest direct flight from San Francisco to Bengaluru with an all-woman cockpit crew successfully landed in the southern city on Monday. The national carrier had said on Saturday that this flight would be the longest commercial flight in the world to be operated by any Indian airline and the total flight time on […]
SpiceJet freighter division launches real-time tracking service
Low-cost airline SpiceJet ‘s dedicated freighter division SpiceXpress on Monday introduced SpiceTag, a real-time tracking service which includes auto-generated notification and shipment status report, among others, for its partners and cargo agents. The service will be available to both door-to-door domestic cargo as well as airport-to-airport domestic services, SpiceJet said in a release. SpiceXpress has […]
Meerut to Prayagraj Ganga expressway: Private sector interest a leg-up for PPP
At a time of tepid private sector investment in the highway sector, the interest shown by 11 players in the 594-km Ganga Expressway project that would connect Meerut and Prayagraj has boosted the outlook for such mega road projects. Apart from nine Indian companies, two foreign construction companies – IJM Corporation Berhad (from Malaysia) and […]
GoAir sacks senior pilot over derogatory comment on PM Narendra Modi
GoAir airline terminated the services of one of its senior pilots on Friday, a day after he allegedly used abusive language in his tweet about Prime Minister Narendra Modi. The pilot, however, locked his twitter profile and deleted the tweet later. The pilot in question is an Indian Air Force veteran and who served in […]
Power supply in Pakistan being restored after hours of blackout
Power supply in Pakistan is being restored in phases after the country witnessed one of its worst blackouts around midnight, leaving millions of citizens in darkness. As of Sunday afternoon, supplies were beginning to resume in the cities, power minister Omar Ayub Khan said on Twitter. The nationwide outage was triggered by a snag at […]