New Delhi: The Indian Air Force airlifted students from Padam Zanskar Valley to Leh to help them reach their schools and colleges. “Air bridging by IAF aircraft from Padam Zanskar Valley to Leh is being undertaken to fly in students as the academic session for the year recommences,” tweeted the Indian Air Force. The IAF […]
Day: February 20, 2021
Airbus, FlyBlade India tie up for on-demand helicopter services in South Asia
MUMBAI : European aviation major Airbus has signed an initial pact with the US-based helicopter transport services provider BLADE’s Indian subsidiary, FlyBlade India, to help develop the on-demand helicopter services market in South Asia. Under the memorandum of understanding (MoU), Airbus and BLADE will collaborate to create awareness about on-demand helicopter services, among helicopter operators, […]
Adani, DP Jain win bids for highways in toll road auction
Adani Enterprises and construction firm DP Jain & Co have submitted the highest bids for two bundles of highways in the National Highways Authority of India’s (NHAI’s) latest toll road auctions, a person aware of the auction results said. NHAI has raised a total of ₹2,262 crore through the two bundles totaling 158.6km. The financial […]
Inox Air Products to invest ₹2000 crore to expand capacity
Mumbai: Inox Air Products, India’s largest manufacturer of industrial and medical gases, will invest ₹2,000 crore to build eight new air separation units across the country, a company official said on Friday. “We already have 44 of these units and we are adding eight more units. We would be funding this expansion through a mix […]
Sharp rebound expected in green capacity addition
Mumbai: India is expected to see a sharp rebound in capacity addition this year, said industry experts, after adding only 4.9 gigawatts (GW) of renewable energy capacity in 2020 due to disruptions caused by covid-19. India will add a record about 16 gigawatts (GW) of renewable energy capacity in 2021, showed estimates by energy consultancy […]
GIP looks at Vector Green InvIT to raise $100 million
US-based Global Infrastructure Partners (GIP) is exploring an infrastructure investment trust (InvIT) for its Indian green energy platform, Vector Green Energy, to raise around $100 million in equity, two people aware of the development said. InvITs are trusts that manage income-generating infrastructure assets typically offering investors a regular yield and a liquid method of investing […]
4 years on, UDAN plan struggles to exit turbulence
NEW DELHI : India’s ambitious aim to link its smaller towns and cities to the wider air travel network through the regional connectivity scheme (RCS) is struggling about four years after it was kicked off. Only about 40% of the routes awarded so far are active, with airlines shying away from using most of the […]
Will make electric vehicles mandatory for officials of my department: Gadkari
In a bid to encourage the use of electric vehicles rather than those running on petrol and diesel, Union Minister of Road Transport and Highways Nitin Gadkari on Friday said he will make electric vehicles mandatory for officials of his department. His remarks came during the launch of the “Go Electric” campaign to spread awareness […]
Airlines plan to ask passengers for contact-tracing details
The U.S. airline industry is pledging to expand the practice of asking passengers on flights to the United States for information that public health officials could use for contact tracing during the pandemic. An industry trade group said Friday that the carriers would turn over the information to the U.S. Centers for Disease Control and […]