The United States overtook Saudi Arabia as India’s second biggest oil supplier last month, as refiners boosted cheaper U.S. crude purchases to record levels and to offset supply cuts from the Organization of the Petroleum Exporting Countries and its allies (OPEC+), data from trade sources showed. India’s imports from the world’s top producer rose 48% […]
Day: March 15, 2021
Power discoms in national capital seek progressive tariff rationalisation
Power discoms in Delhi have proposed to regulator DERC that there should be a cost-reflective, progressive tariff rationalisation as their combined standalone revenue gap in 2019-20 is nearing Rs 3000 crore. BRPL, BYPL, and TPDDL have filed their separate petitions for truing-up up to 2019-20 and aggregate revenue requirement (ARR) and tariff for 2021-22, ahead […]
Parliamentary Panel asks government to complete 888 delayed highways before announcing new road projects
A parliamentary panel, unhappy over delayed highway projects worth Rs 3.15 lakh crore, has asked the Road Transport and Highways Ministry to prioritize the completion of these road projects instead of announcing new projects. The delayed 888 number of highway projects pertain to the development of 27,665 kilometres of national highways, according to a PTI […]
Hitachi ABB Power Grids bets on growth in RE, discoms’ privatisation
Power technology major Hitachi ABB Power Grids is betting on growth in renewable energy (RE) in India and evacuation of the same. The company registered a 200 per cent year-on-year growth in the renewables segment with about 8.5 GW of cumulative solar orders from major energy companies. Speaking with Business Standard, N Venu, managing director-India, […]
Delhi govt urges corporates to take lead in Electric Vehicle switch
From switching over to electric vehicles for office use to providing space for and adopting EV charging stations at offices, transport minister Kailash Gahlot on Sunday said the Aam Aadmi Party government is going to involve corporates to promote the adoption of EVs. As Delhi government’s Switch Delhi campaign entered its sixth week, Gahlot said […]
Centre, states need to think about reducing taxes on petrol, diesel: Anurag Thakur
Minister of State for Finance Anurag Thakur on Monday said both the Centre and the states need to think about reducing taxes on petrol and diesel as their prices have risen sharply in the recent weeks. Replying to a question in Lok Sabha, Thakur also said that the government was ready to discuss the issue […]
Air connectivity with UDAN takes flight! Govt invites bids for over 390 air routes under UDAN 4.1 bidding round
Good news for flyers! India to get more routes under UDAN. To improve domestic connectivity as well as make flying more affordable, the Civil Aviation Ministry has invited bids for around 392 routes under the regional air connectivity scheme- UDAN (Ude Desh ka Aam Nagrik). Under the UDAN scheme, which will complete four years this […]
Adani Welspun discovers gas in Mumbai offshore’s Tapti-Daman sector
Adani Welspun Exploration Ltd (AWEL) on Monday announced its first-ever gas discovery in the NELP-VII block. AWEL holds 100 per cent participative interest and is the operator of the block MB-OSN-2005/2. Spread across 714.6 square km, it is located in the prolific gas-prone Tapti-Daman sector of Mumbai offshore basin where production is already underway by […]
Snowfall: IAF airlifts 381 stranded passengers in Jammu & Kashmir
NEW DELHI: The Indian Air Force (IAF) has airlifted 381 stranded passengers from Jammu and Srinagar to Leh using a C-17 heavy lift transport aircraft, officials said on Sunday. They were airlifted on Saturday. The passengers were stranded after the Srinagar-Leh national highway was closed due to heavy snowfall, the officials said. The IAF regularly […]
Flight makes emergency landing at Nagpur for ‘medical reason’, passenger dies
NAGPUR: A Delhi-bound IndiGo flight made an emergency landing at Nagpur airport, after a 65-year-old passenger complained of health issues, although he died by the time he was taken to a hospital, police said on Sunday. The incident occurred on Saturday, they said. The man, Chhotusingh Naryansingh Yadav (65), a resident of Gaya in Bihar, […]
IOCL pipeline stir: Congress supports agitating villagers
PARADIP: Senior Congress leader and Jatni MLA Suresh Routray on Sunday slammed the State government and Jagatsinghpur district administration over laying of pipeline for IOCL’s Paradip-Hyderabad Product Pipeline (PHPL) project on ‘gochar’ (grazing) land in Dhinkia village. Joining the villagers, who are staging dharna in front of Phulkhai temple for the last 15 days, Routray […]
J&K pushes for Chennai-Srinagar direct flights
CHENNAI: To woo tourists from Tamil Nadu, the Jammu and Kashmir government is pushing for more direct flights from Chennai, said Waseem Raja, Jammu and Kashmir additional secretary of tourism. Currently, Chennai has around 43 flights to Srinagar daily, but none are direct flights. “The agents wanted direct flights and we are urging the Centre […]