The Heavy Engineering business of Larsen & Toubro, has completed and flagged off World’s Heaviest LC-Max Reactors ahead of schedule. The reactors, weighing 2,260 Metric Tons (MT) each, will enable India’s first Residue Upgradation Facility (RUF) by Hindustan Petroleum Corporation’s Visakh Refinery to convert the heaviest oils to high-quality BS-VI diesel, as well as increase […]
Day: January 28, 2021
India explores major investments in hydrocarbons & renewables in Russian Arctic region
India is exploring the possibility of major investments in fossil fuels and other areas of the energy sector in Russia’s Arctic region, which is a new global source for both renewables and non-renewables. India’s current investment in Russia stands at $15 billion in oil and gas projects and it is looking to expand its presence […]
EDEN Renewables India secures USD 165 million finance for 450-MW solar project
EDEN Renewables India has tied up with DBS Bank Ltd, Standard Chartered Bank and Sumitomo Mitsui Banking Corporation (Singapore Branch) for funding or financing its USD 165-million (about Rs 1,200 crore) 450 megawatt peak solar power project in Rajasthan. “EDEN Renewables India (EDEN) has successfully secured financial close for its 450 MWp (megawatt peak) SECI […]
CBI’s coal case probe ‘bad in law’: Bengal government to HC
The Bengal government on Wednesday told the Calcutta High Court that the state had withdrawn its “general consent” to CBI in 2018 and hence the ongoing CBI probe in coal smuggling cases were “bad in law”. The state’s submission prompted CBI to say that the Bengal government was keener on quashing criminal proceedings against the […]
Bengaluru airport to partially close for Aero India 2021
The Kempegowda International Airport (KIA) will partially suspend commercial flight operations between January 30 and February 5 during rehearsals and main show for Aero India 2021, the Bangalore International Airport Limited (BAIL) said in a statement. The Aero India, which provides a platform for aerospace companies to showcase their products and services is scheduled to […]
GMR prices $300-mn bond offer for airport expansion
HYDERABAD: GMR Hyderabad International Airport Limited (GHIAL), a subsidiary of GMR Airports Limited and a step down subsidiary of GMR Infrastructure Limited (GMR Group), announced that it had, on January 26, successfully priced an offering of $300-million bond in the international bond market. GHIAL has entered into a purchase agreement to issue and allot $300 […]
MCL coal corridor claim false: Locals
ROURKELA: As Hemgir villagers continue their protest against MCL for the ninth consecutive day, the Mahanadi Coalfields Ltd (MCL) seems to be caught on the wrong foot for reportedly declaring that it uses the special coal corridors for transporting coal from its Kulda mines without trespassing residential areas. Accusing the MCL authorities of making false […]
20 black spots to be repaired by month-end in in Krishna district
VIJAYAWADA: Deputy Transport Commissioner (DTC) M Purendra said the department will repair 20 of the 150 black spots identified in Krishna district by this month end. Speaking at a road safety audit meeting held here on Wednesday as part of the month-long road safety awareness campaign, the official said the 20 black spots identified are […]
AAI seeks resumption of Vijayawada-Varanasi flight on textile traders’ plea
VIJAYAWADA: Following the demand from textile traders and Cloth Merchants’ Association in Vijayawada, Airport Authority of India (AAI) has reportedly written to airline companies to resume operating direct flight services between Vijayawada-Varanasi. Apart from pilgrims visiting the famous Kashi Viswanath temple in Varanasi, traders dealing with textiles travel to Varanasi for making bulk purchase orders […]
India inks MoU with International Energy Agency for global energy security, sustainability
NEW DELHI: India on Wednesday inked a strategic partnership agreement with the International Energy Agency (IEA) to strengthen cooperation in global energy security, stability and sustainability. This partnership will lead to an extensive exchange of knowledge and would be a stepping stone towards India becoming a full member of IEA, a power ministry statement said. […]
NTPC aims to be integrated energy giant, not just coal-based power firm: CMD Gurdeep Singh
NEW DELHI: Asserting that NTPC is progressing well on its path to become an integrated energy company, the public sector giant’s Chairman and Managing Director Gurdeep Singh on Wednesday said it is time to think about new clean energy solutions including for cooking and cooling purposes. Speaking at a session on ‘Accelerating Clean Energy Transitions’ […]
Branded petrol crosses Rs 100-mark in Rajasthan; Fuel prices at all-time high
NEW DELHI: Branded or premium petrol price crossed Rs 100-mark in Sriganganagar town of Rajasthan as petrol and diesel prices were hiked on Wednesday for the second consecutive day. Petrol and diesel prices were raised by 25 paise per litre each across the country on Wednesday, according to a price notification from oil marketing companies. […]