Oil and Natural Gas Corp (ONGC) has begun the process to procure one lakh oxygen concentrators to tide over the shortage of life-saving gas in the country, the company said in a statement. ONGC, the country’s largest oil and natural gas producer, has already placed orders for 34,673 oxygen concentrators on overseas vendors for immediate […]
Day: May 17, 2021
Nuclear Power Corp to spend Rs 18,000 cr on capital expenditure in FY22
Atomic power generation company Nuclear Power Corporation of India Ltd (NPCIL) plans to spend about Rs 18,000 crore as capital expenditure this fiscal, said top company official. He also said the first pour of concrete for the construction of two more 1,000 MW units (Units 5 and 6) at Kudankulam is expected to happen this […]
Human error and shaky grid spark new global-chip supply concerns
Human error and worst-case scenarios triggered a widespread power outage in Taiwan, rocking its reliability as a top supplier of computer chips as the industry grapples with a global shortage. A dual coal- and gas-fired power plant in the southern city of Kaohsiung went offline Thursday after a technician accidentally flipped the wrong switch, resulting […]
Delhi airport to shut operations at T2 terminal from Monday midnight
The Delhi international airport will shut down its T2 terminal from Monday midnight as the number of flights have reduced significantly due to the second wave of the COVID-19 pandemic, sources said. From Monday midnight, all flights will be handled at the T3 terminal only, they stated. Currently, the Delhi airport is handling around 325 […]
Covid: AirAsia announces free cancellation, rescheduling for flights in WB
Budget carrier AirAsia India on Monday announced free cancellation and rescheduling for flights to and from West Bengal in the wake of a 15-day lockdown in the state. A 15-day lockdown came into force in Bengal on Sunday, with the government putting in place a host of stringent measures to curb the spread of COVID-19. […]
BP’s lobbying for gas shows rifts over path to net-zero emissions
Oil major BP has lobbied for the EU to support natural gas, a move that exposes divergent views among investors and reflects a wider European dispute about the role of the fossil fuel in the transition to a lower-carbon world. The European Commission – aiming to reach net-zero greenhouse gas emissions by 2050 – had […]
Are OMCs shifting to alternate day fuel price revision mechanism?
Oil marketing companies seem to be moving towards a revised fuel price revision mechanism, shifting to the practice of changing petrol and fuel rates every alternate day rather than undertaking changes on a daily basis. In the last few days, pump prices of petrol and diesel have been revised every alternate day but the practice […]
Andhra Pradesh: State’s energy consumption rises by 15 per cent in May first fortnight despite pandemic
Even amidst the raging Covid-19 second wave, electricity consumption has increased by 15 per cent in the first fortnight of May compared to the corresponding period of the previous year. Andhra Pradesh’s electricity demand surged to 196 million units per day during this first fortnight, as against the last year’s 170 MU per day. According […]
Air India airlifts 35 tonnes of zeolite used in oxygen production plants from Rome
Air India said it was airlifting 35 tonnes of zeolite mineral used in oxygen production plants on two flights from Rome to Bengaluru on Saturday. India has been badly hit by the second wave of the novel coronavirus infection as hospitals in several states are reeling under the shortage of health workers, vaccines, oxygen and […]
IAF airlifts NDRF men and equipment from Punjab to Gujarat to tackle Cyclone Tauktae’
The IAF airlifted men and equipment from Bathinda in Punjab to Gujarat on Saturday as part of the government’s efforts to mitigate the effects of Cyclone Tauktae, which is raging off the western coast of India. One IL-76 strategic freighter airlifted 127 personnel of the National Disaster Relief Force and 11 tonnes of cargo from […]
Lufthansa to operate flights between India and Germany via Bahrain instead of Dubai
Lufthansa said it will operate its 10 weekly flights between India and Germany via Bahrain instead of Dubai from Sunday due to recent restrictions imposed by the UAE government to prevent the spread of the coronavirus. The German airline said in a statement, “This change was made due to new UAE regulations that restrict flights […]
UK’s Cairn Energy identifies $70 bn Indian assets abroad to recover dues
UK’s Cairn Energy has identified $70 billion of Indian assets overseas for potential seizure to collect $1.72 billion due from the government, a move if successful will put India in league with Pakistan and Venezuela that faced similar enforcement action over failure to pay arbitration awards.