Despite that hydropower projects have made an important contribution in the development of Chamba district of Himachal Pradesh (HP), yet their impact on the environment has taken a huge toll on the natural and agricultural area, wildlife habitat and more importantly it has resulted in drying of the river bed due to diversion of river […]
Day: March 3, 2021
Tata Power DDL rolls out live peer-to-peer solar energy trading project
Tata Power Delhi Distribution and Australian tech firm Power Ledger on Wednesday announced the launch of the first live peer-to-peer solar energy trading project in Delhi. Tata Power DDL and Power Ledger in collaboration with India Smart Grid Forum (ISGF) have rolled out live peer-to-peer (P2P) solar energy trading, a first-of-its-kind pilot project in Delhi, […]
SpiceJet ties-up with WheelTug for reserving electric taxi system production slots
Budget carrier SpiceJet on Wednesday said it has tied-up with WheelTug Plc for reserving 400 production slots for the electric taxi system. The application of such a system helps move an aircraft forward or backward without powering its Engines or using external tugs. The electric taxi system will enable SpiceJet in saving fuel, reducing carbon […]
OPEC oil has advantage over US shale during Covid pandemic recovery
The once-brash U.S. shale industry, which spent profusely in recent years to grab market share, is now focused on preserving cash, putting it at a disadvantage to low-cost OPEC producers as the global economy begins to gear up again. Prior to the pandemic-induced downturn, OPEC countries led by Saudi Arabia restrained their production, eager to […]
MYSUN plans Rs 600 crore investment to develop 200MW solar portfolio in next 3 years
Rooftop solar firm MYSUN plans to invest Rs 600 crore in the next three years to develop a 200MW solar portfolio of the first phase of its recently launched asset vehicle. This new venture will provide bespoke solar energy solutions to large corporate, industrial, and commercial establishments on a built, own, operate, and transfer (BOOT) […]
Guterres asks for transition from coal to renewable energy
UN Secretary-General Antonio Guterres has asked countries and companies to give up coal for energy and move toward renewable sources. In a video message to a summit of the Powering Past Coal Alliance, Guterres on Tuesday called on all governments, private companies and local authorities to take three steps: cancel coal projects in the pipeline, […]
Kalpataru Power Transmission bags orders worth Rs 1,554 cr
Kalpataru Power Transmission Ltd (KPTL) on Wednesday said it has won orders worth Rs 1,554 crore. The orders include those from India, CIS and Latin America in the power transmission business, KPTL said in a statement. Besides, KPTL’s international subsidiary has secured new power transmission projects in Europe. “These new order wins help us to […]
Air passenger demand globally falls further: Global body IATA
The International Air Transport Association (IATA) has said air passenger traffic fell in January, both compared to pre-Covid levels (January 2019) and compared to the immediate month prior (December 2020). Total demand in January 2021 measured in revenue passenger kilometres was down by 72 per cent compared to January 2019. That was worse than the […]
40 sub-stations in Telangana too faced attack from Chinese hackers
On a day central power minister RK Singh denied reports of Chinese cyberattacks leading to a major power outage in Mumbai last year, top Telangana electricity officials said they had received alerts about Chinese malware entering 40 sub-stations from the Central Electricity Authority. Late on Monday evening, the CERT-In (Indian Computer Emergency Response Team) reported […]
BPCL stocks soar over six per cent after board approves stake sale in Numaligarh refinery
NEW DELHI: Shares of Bharat Petroleum Corporation Ltd (BPCL) on Tuesday zoomed over 6 per cent in early trade after the company said that it will exit Numaligarh refinery in Assam. BPCL said that it will exit Numaligarh refinery in Assam by selling its entire stake to a consortium of Oil India Ltd and Engineers […]
Consumers opt for 71 MT indigenous coal in April-February on steps for import substitution: CIL
NEW DELHI: Coal India Ltd (CIL) on Tuesday said its drive for coal import substitution has gained tempo with consumers opting for about 71 million tonnes (MT) of indigenous coal during the April-February period of the current fiscal. CIL accounts for about 83 per cent of India’s domestic dry-fuel production and aims to achieve 1 […]
Despite record high prices, cut in fuel excise duty unlikely this fiscal
NEW DELHI: Consumers are unlikely to get any immediate relief from the exorbitant prices of petrol and diesel. That’s because the Centre may not slash excise duty on fuel this financial year to cushion spiralling prices as it has limited fiscal space available to take any dent in revenue collections, a top official said. According […]