The government proposes to appoint independent operators of gas pipelines in the country to operationalise the common carrier principle that will allow all consumers and producers access to fuel transport infrastructure. Petroleum Secretary Tarun Kapoor told IANS that the ministry was taking approvals for segregating the existing gas pipeline infrastructure to identify the portion of […]
Day: January 15, 2021
New consumer rights rules may hit rooftop solar capacity addition
The latest rules regarding the consumer rights laid down by the Union power ministry is seen to impede the pace of capacity addition of the rooftop solar in the country by disincentivising commercial and industrial users from installing such power generation capacities in their premises. While such consumers were earlier earning around Rs 7/unit by […]
India keen to support drone startups for disaster supplies: Hardeep Puri
The government is keen to support drone startups as the technology can be used widely for delivering medicines, supplies during disaster management, and real-time monitoring of projects, said Minster of State (independent Charge) for Civil Aviation, Hardeep Singh Puri. India has about 130 startups in the domain of drones, and this is another area where […]
Gujarat: Discoms choose not to hike power tariffs for 2021-22
The power distribution companies affiliated with state-run Gujarat Urja Vikas Nigam Ltd (GUVNL) have chosen not to increase retail electricity tariffs for the financial year 2021-22. While Torrent Power Limited has proposed not to change retail tariffs, the private sector company has instead sought to levy regulatory charge for a certain period to cover its […]
Goa: Avail of OTS to avoid disconnection, power minister Nilesh Cabral urges power bill defaulters
Goa power minister Nilesh Cabral on Thursday urged people to avail of the benefit of the one-time settlement scheme (OTS) to clear their pending electricity bill dues. The scheme has been extended till January 31, and Cabral said that his department has already commenced a drive to disconnect power connections of defaulters. Cabral told reporters […]
French utility EDF sees opportunity in hydrogen fuel, battery storage space in India
French utility major EDF Energy is exploring business opportunities in the Indian market for electric vehicle (EV) charging infrastructure, hydrogen fuel and battery storage technologies, in line with its plans for the post-Covid-19 economy. Technologies such as hydrogen fuel and battery storage are in mature stages in France, and the company sees great value for […]
Delhi: Lok adalat to be held on Sunday for resolution of power theft cases
Discom BSES Yamuna Power Limited (BYPL) has partnered with Delhi State Legal Services Authority (DSLSA) to organise the first special ‘hybrid’ lok adalat in east and central Delhi for on-the-spot settlement of power theft cases. The first of its kind lok adalat will be organised on Sunday, January 17, between 10am and 3pm. “This lok […]
AirAsia X shows court creditors’ support for restructuring plan
KUALA LUMPUR: Most of AirAsia X Bhd (AAX)’s lessors support a restructuring plan, and the Malaysian airline has received interest from potential investors for fundraising after reorganization, court documents filed this month show. In emails attached to the court filings, supportive lessors said they wanted to continue discussions with the budget airline and potential new […]
Civil Aviation Ministry asked to allow uninterrupted transportation of samples for bird flu testing
New Delhi: Amid bird flu outbreak in 10 states, the Union Ministry of Fisheries, Animal Husbandry and Dairying on Thursday said it has asked its civil aviation counterpart to allow uninterrupted transportation of samples for expeditious testing in designated laboratories. This comes in the wake of some states banning the supply of poultry and poultry […]
Oil mixed as Chinese lockdowns raise demand questions
TOKYO: Oil NSE 0.09 % prices were mixed on Friday as strong import data from China, the world’s biggest crude importer, that boosted sentiment earlier ran into concerns about Chinese cities in lockdown due to coronavirus outbreaks. Brent was down 3 cents at $56.69 by 0133 GMT, after gaining 0.6% on Thursday. U.S. West Texas […]
Oil slips as Chinese lockdowns, US unemployment data temper gains
TOKYO: Oil prices were lower on Friday as concerns about Chinese cities in lockdown due to coronavirus outbreaks tempered a rally driven by strong import data from the world’s biggest crude importer and US plans for a large stimulus package. Brent was down 46 cents, or 0.8 per cent, at $55.96 by 0544 GMT, after […]
Indian Oil Corporation Ltd. stock price up 0.79 per cent as Sensex climbs
Shares of Indian Oil Corporation NSE -0.48 % Ltd. rose 0.79 per cent to Rs 101.65 at 12:31PM hours (IST) on Thursday. Earlier in the day, the stock saw a gap up start to the session. As per data available on BSE, total traded quantity on the counter stood at 852,154 shares with a turnover […]