The Uttar Pradesh Power Corporation Limited (UPPCL) on Sunday announced the one-time settlement (OTS) scheme for domestic and private tubewell consumers. The scheme, announced by energy minister Shrikant Sharma citing problems faced by consumers in the wake of pandemic, will continue till March 31. Sharma said the scheme entails waiver of surcharge on arrears which […]
Day: March 1, 2021
UK says it will sell world’s first sovereign green savings bonds
Britain’s government plans to launch the world’s first sovereign green bonds for retail investors as part of its push to create a net-zero-carbon economy by 2050. The savings bonds will fund projects in areas such as renewable energy and clean transportation and will go on sale this year, the Treasury said. Finance Minister Rishi Sunak […]
NHAI working to identify bottlenecks to speed up road construction
The National Highways Authority of India (NHAI) is working to identify bottlenecks in the road construction sector to up its average yearly road construction bar of 4,000 kilometres, a senior government official said. Filling the gaps in the system will help the authority increase yearly construction by at least 1,000 km to begin with, the […]
India’s power consumption grows marginally by 0.88% in February
India’s power consumption grew 0.88 per cent in February at 104.73 billion units (BU) due to a slight rise in temperature in the month, official data showed. Power consumption in February 2020 was 103.81 BU, according to the power ministry data. However, the peak power demand met, which is the highest supply in a day, […]
India’s coal import drops 12 per cent to 181 MT in April-January
India’s coal import registered a drop of 11.59 per cent to 180.84 million tonnes (MT) in the first 10 months of the ongoing fiscal. The company had imported 204.55 MT of coal in April-January period of the previous fiscal year, according to provisional data compiled by mjunction services. mjunction — a joint venture of Tata […]
Himachal Pradesh: 4 NHPC, BHEL officials held for Rs 1.2cr theft in hydel project
Four officials of National Hydroelectric Power Corporation (NHPC) and Bharat Heavy Electricals (BHEL) have been booked in connection with theft of 58 metallic bars costing Rs 1.23cr from a store of Parbati hydroelectric power project in Kullu, police said. A senior manager of NHPC on September 28, 2018, had lodged a complaint with Banjar police […]
China’s CNOOC records over 101 bcm gas reserves in Shanxi
China National Offshore Oil Corp (CNOOC) has recorded proven gas geological reserves of more than 101 billion cubic metres (bcm) at Linxing gasfield in one of the country’s major coal mining province Shanxi, state media Xinhua News Agency reported on Monday. Located at the east-edge of Ordos basin, Linxing tight gas field produced an average […]
NTPC Talcher Kaniha poised to achieve new milestones: CGM Sudip Nag
ANGUL: NTPC Talcher Kaniha has performed exceptionally well in the current financial year and is on its way to achieving several milestones, said CGM of the plant, Sudip Nag here on Saturday. Addressing mediapersons, Nag said work on flue gas desulphurisation and mine void filling is in progress at the station. The introduction of a […]
Iraq’s trailblazing oil women: In oil-rich country, few girls buck norms to take rig site jobs
BASRA: It’s nearly dawn and Zainab Amjad has been up all night working on an oil rig in southern Iraq. She lowers a sensor into the black depths of a well until sonar waves detect the presence of the crude that fuels her country’s economy. Elsewhere in the oil-rich province of Basra, Ayat Rawthan is […]
Trial run at renovated RFCL plant successful
PEDDAPALLI: The Ramagundam Fertilizers and Chemicals Limited (RFCL) successfully conducted a trial run at its renovated plant on Sunday. The trial run was conducted after the completion of renovation works at RFCL’s gas-based urea manufacturing plant. The event was inaugurated by RFCL CEO Nirlep Singh Rai and GM VK Bangar. The plant was incorporated on […]
Kerala’s small hydroelectric projects lose their way
KOZHIKODE: The power purchase bill of Kerala State Electricity Board (KSEB) per annum is more than Rs 8,500 crore. The cumulative debt of the board as of February 1 was Rs 9,360 crore and its interest alone would come up to Rs 1,900 crore per annum. In such a grim financial scenario, small hydroelectric projects […]
Delhi airport’s private jet terminal sees 25 per cent surge in passengers
NEW DELHI: Delhi Airport’s general aviation terminal, for private jets, has witnessed a 25 per cent rise in passenger movement within four months of its launch in September. The terminal at Delhi Airport is the first in the country. According to Delhi International Airport Limited (DIAL), there has been a record surge in passenger movements […]