The upcoming gas import terminals in Chhara and Jafrabad in Gujarat will likely lower the utilisation levels of Petronet LNG’s Dahej station, analysts say. Noting that customers who import gas through the Dahej terminal have already started reserving volumes in the Swan terminal (Jafrabad), analysts at ICICI Securities estimate Dahej volumes to fall to 15.8 […]
Day: February 16, 2021
Power bills set to come down in Assam
Electricity bills in the state are all set to go down as Assam Electricity Regulatory Commission approving a reduction in energy charges by 15 to 20 paise per KWh for both domestic and commercial connections from April onwards. According to the order from Assam Electricity Regulatory Commission energy charges of low tension domestic and low […]
Indian Oil starts land acquisition at Nagapattinam for new refinery
State owned oil refiner Indian Oil Corporation has said it has commenced land acquisition in Nagapattinam region for the proposed nine million tonne per year refinery. Indian Oil and its refining subsidiary CPCL will own 25 per cent each in a Special Purpose Vehicle (SPV) which will set up the Rs 31,500 crore refinery, while […]
Govt invokes special powers that allow renewable companies to sell projects won in auctions along with transmission access
The government has invoked special powers to direct electricity regulator Central Electricity Regulatory Commission (CERC) to change regulations enabling renewable companies to sell projects won in auctions along with transmission access after one year of commissioning. This would encourage consolidation in the sector and creation of economies of scale, as also make it easier to […]
Global investors move to renewable sector as coal demand dips in India
Two reports on Tuesday looked into coal demand in India’s electricity mix and global financial flows moving to renewable energy industry. A week earlier, International Energy Agency’s (IEA) India energy outlook said India would need a massive investment of $1.4 trillion if it were to aim for net zero by mid 2060. Much of this […]
Dholera issue: O2 Power, Tata, and Vena move the Electricity Appellate Tribunal for relief
Three of the country’s top renewable power developers: O2 Power,Tata Power, and Vena Energy have moved to the Appellate Tribunal for Electricity (APTEL) seeking relief in the Dholera issue. Renew Power, the fourth developer in the bid, chose not to proceed, people in the know said. The hearing on the matter took place on Monday, […]
SC to hear Kerala govt’s plea against lease of Thiruvananthapuram airport on March 8
NEW DELHI: Supreme Court will hear the Kerala government’s appeal against the Airport Authority of India’s (AAI) decision to lease out Thiruvananthapuram International Airport to Adani Enterprises Limited on March 8. A three-judge bench of the Apex Court, headed by Chief Justice of India (CJI) Sharad Arvind Bobde and Justices A S Bopanna and V […]
Man attempts to board flight using son’s ticket, caught
BENGALURU: A flyer, who tried to pass himself off as his son to board a flight to Kochi, was caught by the CISF personnel at Kempegowda International Airport (KIA) on Monday. This was the second such case of impersonation detected at the airport within a fortnight. The incident occurred before 8 am when Abdul Kalam […]
Petrol at Rs 89 in Delhi, inches towards Rs 100-mark in Rajasthan
NEW DELHI: Petrol and diesel prices on Monday were hiked for the seventh day in a row as a rally in international oil prices took retail rates in India to new highs. Petrol price was increased by 26 paise per litre and diesel by 29 paise, according to a price notification of state-owned fuel retailers. […]
ONGC to scale up KG basin block gas output this year
NEW DELHI: India’s top oil and gas producer ONGC on Monday said it will scale up natural gas production from a KG basin block to 2.5-3 million standard cubic meters per day by May this year and will hit the peak output sometime in 2023-24. Oil and Natural Gas Corporation (ONGC) last year started gas […]
FASTag registration deadline won’t be extended, says Union Minister Nitin Gadkari
NAGPUR: Union Transport Minister Nitin Gadkari on Sunday said deadline for the implementation of FASTag would not be extended further, and the vehicle owners should immediately adopt the e-payment facilty. FASTags, which facilitate electronic payment of fee at toll plazas, was introduced in 2016. Making the tags compulsory would also help in ensuring that vehicles […]
Petrol crosses Rs 89-mark to hit record high in Delhi, diesel at Rs 79.70
Petrol prices breached the Rs 89-a-litre mark to touch an all-time high of Rs 89.29 in the national capital. Petrol and diesel prices were hiked by 30 paise and 35 paise per litre each on Tuesday, according to a price notification from oil marketing companies. The diesel prices stood at Rs 79.70. Fuel prices, which […]