The Supreme Court on Wednesday allowed the Central Electricity Regulatory Commission (CERC) to resume administrative operations and pass orders on 174 reserved cases. The apex court has allowed two members of the regulatory commission to resume office for administrative work as the government informed it has appointed a legal member. However, the adjudicatory work by […]
Day: January 20, 2021
Vistara commences daily flight service to Sharjah from Delhi; Mumbai-Sharjah flights from Jan 24
Full service carrier Vistara on Wednesday commenced its daily flight service to Sharjah in the UAE from Delhi under the air bubble agreement. Sharjah is Vistara’s second destination in the UAE after Dubai where it operates four times weekly flight services from Delhi, the airline said in a release. Delhi-Sharjah-Dubai flight will be followed by […]
NHAI’s fifth TOT bundle: At least six firms submit bids
At least half a dozen firms, including Canadian institutional investor CDPQ and Singapore-based Cube Highways, have submitted bids to take on the long-term lease around 160-km highway stretch offered by the National Highways Authority of India (NHAI) against upfront payment through the toll-operate-transfer (TOT) route. Among the domestic firms which have submitted technical as well […]
L&T construction arm bags orders worth up to Rs 5,000 cr in Bangladesh
Larsen & Toubro (L&T) on Wednesday said its construction arm has bagged orders worth up to Rs 5,000 crore in Bangladesh. The power transmission and distribution business of Larsen & Toubro has won a slew of transmission line orders in Bangladesh, the company said in a regulatory filing. The engineering and construction company did not […]
India blames Saudi oil output cut for surge in oil prices
India, the world’s third biggest oil importer and consumer, on Tuesday complained that recent output cuts by some OPEC nations had created uncertainty for customers and led to a surge in prices. Top exporter Saudi Arabia has pledged additional voluntary output cuts of 1 million barrels per day (bpd) in February and March under a […]
Coal producer Yancoal Australia sees demand rebounding
Yancoal Australia Ltd said on Tuesday it expects a rebound in demand for coal-fired electricity generation in 2021 as global economic conditions are set to improve. Following China’s unofficial ban on coal imports from its major supplier Australia in the second half of 2020, Yancoal has been diversifying its customer base with sales made into […]
Cabinet approves MoU with Uzbekistan for cooperation in solar energy
The Union Cabinet on Wednesday gave ex-post facto approval to a memorandum of understanding (MoU) between India and Uzbekistan for cooperation in the field of solar energy. “The Union Cabinet, chaired by Prime Minister Narendra Modi was apprised of signing of Memorandum of Understanding(MoU) between India and Uzbekistan for cooperation in the field of solar […]
Adani Green Energy commissions 150 MW solar plant in Kutch, growth at 55%
Adani Green Energy Ltd (AGEL) arm Adani Solar Energy Kutchh One Ltd has commissioned a 150 MW solar plant in Kutchh, Gujarat. The company in a statement said that despite all the challenges of global pandemic COVID-19, unprecedented rain and flood in Kutchh, the team of experts made it possible to commission the project three […]
Payment in excess: MC yet to fix responsibility
Even after a third party audit report pointed out that Rs44.70 lakh was paid in excess to the contractor concerned by the Ludhiana Municipal Corporation for the Jagraon bridge retaining wall work, the MC is yet to fix the responsibility of B&R branch officials concerned in this regard. Besides, the process to recover the excess […]
Delhi airport evaluating ‘computer vision’ tech to track flyers, ensure social distancing: Official
Delhi airport is evaluating a “computer vision” technology to track passengers, reduce waiting time and ensure social distancing at its terminals, a top official of the facility’s operator said on Tuesday. Computer vision technology uses images to analyse and understand passenger density at the airport. It has already been installed at the GMR group-led Hyderabad […]
Adani Group signs concession agreements with AAI for developing 3 airports
NEW DELHI: The Adani Group on Tuesday signed concession agreements with the Airports Authority of India for the management, operations and development of Guwahati, Jaipur and Thiruvananthapuram airports. “The concessionaires are required to take up the Guwahati, Jaipur and Thiruvananthapuram airports fulfilling certain conditions precedents within 180 days from 19th January, 2021,” the Airports Authority […]
IAF to deploy Rafale, Sukhoi, Mirage 2000 jets in exercise with French air force
NEW DELHI: The Indian Air Force will deploy its Rafale, Sukhoi and Mirage 2000 combat jets among other key assets in a five-day mega air exercise with the French air and space force that begins near Jodhpur on Wednesday. The Indian Air Force (IAF) said its deployment at the ‘Ex-Desert Knight 21’ will also include […]