Saudi oil giant Aramco has excluded emissions generated from many of its refineries and petrochemical plants in its overall carbon disclosures to investors, Bloomberg News reported on Thursday, based on a review of public filings. The world’s biggest oil company’s self-reported carbon footprint might nearly double, adding as much as 55 million metric tons of […]
Day: January 22, 2021
NTPC declares 150 MW unit of Kameng Hydro-Electric Project commercially operational
State-run power producer NTPC on Friday said 150 mega watt (MW) unit of Kameng Hydro-Electric Project of its subsidiary North Eastern Electric Power Corporation is commercially operational. “Consequent upon successful commissioning, unit-3 of 150 MW of Kameng Hydro-Electric Project (4×150 MW) of North Eastern Electric Power Corporation Ltd (a wholly-owned subsidiary company of NTPC Ltd […]
India’s Dec crude oil throughput picks up as fuel demand accelerates
India’s crude oil processing last month registered its first year-on-year gain since February 2020, driven by a surge in demand for fuels as economic activity continued to pick up from a coronavirus-induced slump. Crude oil throughput in December rose 0.9 per cent year on year to 21.02 million tonnes (4.97 million barrels per day), provisional […]
IL&FS board addresses 57% of targeted recovery value of over Rs 56,000 cr
The board of Infrastructure Leasing and Financial Services (IL&FS) on Friday said it had addressed nearly 57 per cent of the overall targeted recovery value and nearly 32 per cent of the overall debt by the end of December quarter (Q3FY21). At the end of Q3, approximately Rs 32,000 crore worth of debt had been […]
Battery storage cheaper than new coal power plants: Analysis
A new economic viability analysis on Friday revealed that renewable energy along with battery storage in Tamil Nadu is cost competitive with new coal power plants. The report finds the levelized cost of energy for a hypothetical hybrid, solar, wind and li-ion battery storage system for the state to be Rs 4.97/kWh in 2021, which […]
Attractive LNG prices to boost India’s plan on gas-based economy
India’s efforts to build a gas based economy is set to get a boost from the falling spot LNG prices that had skyrocketed to over $30/mmbtu (from $2 a few months ago on the back of the winter demand and supply constriants. According to an estimate made by Emkay Global Financial Services, Asian spot LNG […]
Airlines shrug off Covid travel curbs, add 21 aircraft in 2020
The Covid-19 pandemic brought the travel and aviation sectors on its knees through most of last year, but Indian airlines like IndiGo, Vistara and AirAsia India used the time to induct new planes and replace older ones, ensuring an increasing number of aircraft in the country by 21 to 649 in December 2020 from 628 […]
Adani Total Gas, Torrent Gas invest in IGX, acquire 5% stake each
Adani Total Gas and Torrent Gas have become the first strategic investors in IGX (Indian Gas Exchange) by acquiring five per cent stake each, according to the Indian Energy Exchange (IEX). The IGX is an arm of IEX and first authorised gas exchange in the country. The IGX partnership with the two leading gas players […]
Shoddy road work done
The tarring on a one-km stretch between Pajenda and Khobar in the Nor panchayat of the Nirmand area of Kullu has been damaged within just four months of the completion of the job. Travelling on the road has become risky for commuters, especially those riding two-wheelers, because of the littered gravel of the damaged tarring. […]
Potholed streets bane of Faridabad sectors
Broken and potholed roads in local industrial sectors and areas housing 25,000 manufacturing units have hit the industry hard. Some have suffered losses because goods get damaged due during transportation. Rajiv Chawla, president, Integrated Association of Micro, Small and Medium Enterprises of India (IAMSME), claimed roads in industrial sectors 4, 6, 24, 25, 27, 33, […]
Work on Tajpur Road Chowk flyover begins
The National Highways Authority of India (NHAI) has started work for the construction of a flyover at Tajpur Chowk on the National Highway (NH-44) in Ludhiana, said MLA from Ludhiana (East) Sanjay Talwar today. Earlier, the Tajpur Chowk-cut on the NH-44 was closed due to which shopkeepers and residents of Tibba Road and Tajpur Road […]
MC plans underpass on Jassian Road
As a large number of commuters face inconvenience while passing through the passage beneath the Ludhiana-Amritsar railway section at Jassian village in Ludhiana, the Municipal Corporation (MC) has made a proposal for the construction of a low-height subway (underpass for vehicular movement) there. The MC has also written to the Railways official concerned in this […]