Boeing Co CEO Dave Calhoun faces a multibillion-dollar dilemma over how to rebuild sales in its core airliner business that has sparked an internal debate and put the future of the largest U.S. exporter on the line, industry insiders say. Boeing is reeling from a safety scandal following crashes of its 737 MAX airliner and […]
Day: June 2, 2021
Schools go solar as West Bengal reaches for green goals
Until two years ago, all 12-year-old Sapan Majhi knew about solar power was what he read in his science book. Now he gets to see it in action nearly every day, after his school was fitted with rooftop panels that generate clean electricity. The solar energy system powers the whole school for 1,600 students in […]
Rebounding energy investment to fall short of net zero path – IEA
Investment in energy is on track to recover by nearly 10% in 2021 as the world emerges from the COVID-19 pandemic, the International Energy Agency (IEA) said on Wednesday, but spending will fall far short of meeting urgent climate goals. More of the $1.9 trillion in investment is projected to shift toward electricity than ever, […]
Miners still trapped in Meghalaya coal mine, rain hampers rescue efforts
Heavy rainfall on Tuesday hampered operations to rescue at least five miners trapped for two days deep inside an illegal rat-hole coal pit in Meghalayas East Jaintia Hills district, officials said. The district administration has identified five miners four from Assam and one from Tripura who were trapped at the coal pit in the remote […]
India launches global initiative for clean energy innovation
India on Wednesday launched the Mission Innovation CleanTech Exchange, a global initiative, that will create a network of incubators across member countries to accelerate clean energy innovation. The network, launched virtually at the Innovating to Net Zero Summit hosted by Chile, will provide access to the expertise and market insights needed to support new technologies […]
IAS officers Avinash Joshi, Niraj Verma among 10 in fray for ONGC top job
Senior bureaucrats Avinash Joshi and Niraj Verma are among the 10 candidates who are in the race to become Chairman and Managing Director of India’s largest oil and gas producer, ONGC. Mangalore Refinery and Petrochemicals Ltd (MRPL) director-finance Pomila Jaspal and ONGC director for technology and field services Om Prakash Singh are the other prominent […]
First flight of ‘Vande Bharat Mission 2.0’ to bring Indians from Dubai today
International flights to bring stranded Indians back from foreign destinations have started from today under Vande Bharat Mission phase 2. The first flight will land today at Vijaywada Airport from Dubai. “First flight will come from Dubai at 6.10 pm on Wednesday. 65 passengers have booked seats. The load may increase due to last-minute bookings,” […]
Coal India’s $5 billion annual wage bill set to rise amid rocky outlook
Coal India Ltd., the world’s biggest miner of the fossil fuel, is about to enter negotiations with trade unions over potentially hefty pay hikes at a time when the global push for clean energy is putting the industry’s future into doubt. The Indian coal giant is expected to begin talks this month that could result […]
BP invests $220 million in U.S. solar development projects
Energy major BP Plc on Tuesday boosted its investment in U.S. renewables with a $220 million purchase of solar projects from developer 7X Energy. The deal, for assets with a production capacity of 9 gigawatts, marks BP’s first independent investment in solar since buying a stake in Europe’s largest solar developer, Lightsource, in 2017. BP, […]
Adani Green commissions 150 MW wind power project in Kutchh
Adani Wind Energy Kutchh Three, a subsidiary of Adani Green Energy, commissioned 150 MW Wind Power Project located in Kutchh, Gujarat, 9 months ahead of its Schedule. This is the 6th project commissioned before schedule by the company over the past 12 months. The project has a 25 years Power Purchase Agreement (PPA) with Solar […]
250 tonnes coal bound for Bangladesh seized in Assam, 4 held
Assam Police on Tuesday seized around 250 tonnes of coal, which was being exported to Bangladesh from Meghalaya, violating official regulations, officials said. Police said that four people, including three exporters, were arrested for exporting the coal through the Sutarkandi land customs station in Assam’s Karimganj district. Karimganj Superintendent of Police Mayank Kumar Jha said […]
Tenders invited for widening of Pinjore-Nalagarh road
The National Highways Authority of India (NHAI) on May 28 invited tenders for the widening of the 31-km Pinjore-Nalagarh stretch of the National Highway No.105 to four lanes. Only 17.37 km of the highway lies in Himachal while the remaining is in Haryana. The bids will be opened on July 13. The tender value has […]