Chief minister Trivendra Singh Rawat inaugurated the state’s first small hydroelectric project on Kali Ganga river in Rudraprayag district on Thursday. Kali Ganga is the first small hydro power project located on Kalimath Kotma Marg in Ukhimath development block of Rudraprayag district. After the 2013 floods, the construction was damaged. But given the importance of […]
Day: February 5, 2021
Tata Boeing Aerospace to make 737 Vertical Fin Structures in Hyderabad
Boeing on Friday announced the addition of a new production line at its joint venture Tata Boeing Aerospace Limited (TBAL) here to manufacture complex vertical fin structures for the 737 family of airplanes. The expansion marks a significant milestone for the joint venture and reaffirms the commitment towards making India self-reliant in defence manufacturing, a […]
Kalpataru Power Transmission arm to acquire 51 pc stake in Brazil’s Fasttel Engenharia
Kalpataru Power Transmission Ltd (KPTL) on Friday said its wholly owned subsidiary in Brazil has signed a definitive agreement to acquire 51 per cent stake in Fasttel Engenharia Ltd in the South American country, for USD 8.80 million (over Rs 64 crore). “Kalpataru Power do Brasil Participações Ltda has signed a definitive agreement to acquire […]
Four solar companies seek special incentives to invest close to Rs 1.5 lakh cr in Rajasthan
Four firms have sought special incentives from the state government to put up 34,200 MW solar projects and a component manufacturing facility having capacity for 2,000 MW. If approved, these projects are estimated to bring in investments of close to Rs 1.50 lakh-crore, including revenues of about Rs 10,000 crore to the government while generating […]
EESL signs MoU with Coal India for decarbonization of its facilities
Energy Efficiency Services Limited (EESL), a joint venture of public sector undertakings (PSUs) under the Ministry of Power, has signed a Memorandum of Understanding with Coal India Ltd (CIL) for energy efficiency and resource conservation measures for decarbonization of CIL’s projects and facilities. The pact was signed by Venkatesh Dwivedi, Director (Projects & Business Development), […]
Australia state commission blocks South32 coal mine extension
An Australian planning body on Friday blocked global miner South32 Ltd’s planned coal mine extension in New South Wales state, citing concerns over its potential irreversible impact to Sydney’s water resources. The decision by the New South Wales Independent Planning Commission halts South32’s plans to extend the life of its underground Dendrobium metallurgical coal mine […]
Adani Transmission Dec quarter net profit up 128 per cent at Rs 464 crore
Adani Transmission on Thursday posted a nearly 128 per cent rise in consolidated net profit at Rs 464 crore for the quarter ended December 2020. The consolidated net profit of the firm stood at Rs 204 crore in the quarter ended December 31, 2019, it said in a BSE filing. Total income dipped to Rs […]
DGCA to do ‘all sorts of scrutiny’ before clearing Boeing 737 MAX planes: Civil Aviation Ministry
NEW DELHI: The Directorate General of Civil Aviation (DGCA) is examining the issue of giving approval for Boeing Max 737 planes to fly in India and a decision will be taken after running all sorts of scrutiny, a senior official said on Thursday. Aviation regulators of the United States and Europe have already approved the […]
HAL looks at Rs 1 lakh crore order book by 2022-end
BENGALURU: Hindustan Aeronautics Limited (HAL) on Thursday drew a rosy picture of its performance saying its order book is set cross the Rs 1 lakh crore-mark by the end of 2022. Speaking to reporters at the Aero India 2021 here, R Madhavan, Chairman and Managing Director, HAL, said that they have even received export enquiries […]
LPG price hike worries citizens
HYDERABAD: Shortly after the announcement of hike in petrol and diesel prices in Budget 2020-2021, the Centre, in a fresh depredation, has decided to increase the prices of LPG cylinders toRs 25 per unit and that of commercial cylinders toRs 184 per unit. The move has left many in the city worried. The hike came […]
Flight operations in Odisha inching back to normal as Covid pandemic eases in India
BHUBANESWAR: With a marked dip in Covid-19 pandemic in the country, flight operations are inching back to normalcy in the airports of Odisha. As domestic flight services resumed partially following a two-month-long nationwide total lockdown, Biju Patnaik International Airport (BPIA) recorded a footfall of 9,493 passengers in May last year and has been witnessing an […]
OERC hearing on tariff, discoms seek revenue rationalisation
BHUBANESWAR: As the Odisha Electricity Regulatory Commission (OERC) is all set to start public hearing for determination of power tariff for 2021-22 from Friday, the Tata Power-owned four distribution utilities have demanded revenue rationalisation to recover costs. Projecting a revenue requirement of Rs 7,893.94 crore, a bulk of it (Rs 5,721.94 crore) going towards power […]