We expect near-term growth to pick up with the Kochi Mangalore pipeline now commissioned which will open up new customers. Interestingly, the price of newly discovered domestic gas is linked to the global LNG price. With global LNG prices falling (and likely to remain weak), crude prices continuing to rise and economy recovering rapidly, we […]
Day: February 22, 2021
Repair of roads: Chandigarh residents’ top priority for councillors
Enraged at the ‘priority works’ which Chandigarh councillors listed amounting to Rs 30 lakh that included mostly pavers or tiles, city residents listed ‘top priority’ for councillors—that is potholed roads everywhere in the city. Chandigarh roads have never been like this before, with craters in most of them. At Raipur Khurd village, internal lanes are […]
Torrent Power emerges highest bidder for Dadra & Nagar Haveli and Daman & Diu discom
Torrent Power on Saturday said it has emerged as the highest bidder for 51 per cent stake in a power distribution company in the Union Territory of Dadra & Nagar Haveli and Daman & Diu. The company in a statement said that the acquisition of 51 per cent stake in the power distribution company is […]
Uddhav Thackeray inaugurates infra projects, says focus on planned development
CHIEF MINISTER Uddhav Thackeray inaugurated several infrastructure projects on Sunday, including an arm of Kalanagar junction towards the Sea Link, smart parking and a cycle track at BKC along with ground-breaking of Sewri-Worli elevated corridor. Thackeray said the development of Mumbai will be carried out in a planned manner while preserving the environment. “The focus […]
Cairn hopeful of ‘swift solution’
Cairn Energy said on Sunday that it had discussed multiple proposals with Indian government officials in recent days in an attempt to find a ‘swift solution’ to a long drawn-out tax dispute with the South Asian nation, Reuters reported. In December, an arbitration body awarded the British firm damages of $1.2 billion plus interest and […]
Nitin Gadkari approves 5 highway projects for Andhra Pradesh, UP
Union road transport and highways minister Nitin Gadkari on Friday approved five infrastructure projects worth crores of Rupees of Andhra Pradesh and Uttar Pradesh. “Approved development work of 6 Lane Korlam-Kantakapalle section of NH-130-CD worth Rs. 772.70 Crore under Raipur-Visakhapatnam Economics Corridor in the state of Andhra Pradesh,” The Union minister approved a proposal to […]
Petrol price reaches all-time high of ₹97 in Mumbai
The petrol price reached an all-time high of ₹97 in Mumbai on Saturday while diesel was selling at ₹88.06 in the country’s financial capital. The fuel prices have been rising in the city for the last 12 days. Petrol was sold for ₹96 per litre on Wednesday and diesel ₹87 on Thursday. In 2018, the […]
Flights from Jammu to be regulated from March 10 to April 19 for runway work
Flights from Jammu airport will now be regulated from March 10 to April 19 to enable the Indian Air Force (IAF) to carry out resurfacing and other allied works after the Centre shot down its proposal for a complete closure of the strategic airport from March 6 to 20, an official familiar with the development […]
Prices of premium petrol cross ₹100 in 19 districts of Rajasthan
The rise in petrol prices is taking a toll on consumers’ pockets in Rajasthan with the price of premium petrol crossing ₹100 across 19 districts. These districts include Alwar, Sri Ganganagar, Bikaner, Hanumangarh, Sawai Madhopur, Banswara, Dungarpur, Sikar, Pali, Udaipur, Churu, Pratapgarh, Kota, Karauli, Rajsamand, Jhunjhunu, Jalore, Sirohi and Barmer. The highest rates of premium […]
AI Express flight hits lamp-post on landing at Vijayawada’s Gannavaram airport
Nearly 64 passengers travelling in an Air India Express flight coming from Doha, the capital of Qatar, escaped unhurt at the Vijayawada International Airport at Gannavaram in Andhra Pradesh on Saturday evening, when the aircraft’s wing hit a lamp-post on the runway after landing. An Air India Express spokesperson confirmed that “a minor accident” had […]
FAA orders United Airlines to inspect Boeing 777s after emergency landing
SAN FRANCISCO: Federal aviation regulators are ordering United Airlines to step up inspections of all Boeing 777s equipped with the type of engine that suffered a catastrophic failure over Denver on Saturday. United said it is temporarily removing those aircraft from service, as meanwhile Boeing recommended grounding aircraft with that model engine until the Federal […]
Facing environmental penalties, IOCL’s Panipat refinery launches plantation drive
Facing severe criticism and penalties from the National Green Tribunal (NGT) for activities leading to pollution, Indian Oil Corporation Ltd (IOCL)’s Panipat refinery has launched a plantation drive for environment restoration in nearby villages. The official spokesperson of the IOCL refinery said that they plan to plant over two lakh saplings on 700 acres near […]