WASHINGTON: The Biden administration is “very interested” in continuing to ensure that the US has a strong energy partnership with India, energy secretary Jennifer M Granholm has said. Granholm, the first woman energy secretary of the US, made the remarks on Tuesday while responding to a question during a hearing on the department’s budget by […]
Day: June 16, 2021
JAL lenders make fresh loan recast bid
NEW DELHI: Nearly four years after the Reserve Bank of India (RBI) ordered bankruptcy action against Jaiprakash Associates (JAL), the parent of Jaypee Infratech, banks led by ICICI Bank have been slow in pursuing the case in the National Company Law Tribunal, amid fresh attempts to restructure the company’s loans. A loan restructuring, for which […]
Covid Safe: SpiceJet enhances booking options, baggage allowance
Amidst the Covid pandemic, passenger carrier SpiceJet NSE -0.64 % had enhanced booking as well as baggage allowance options. Accordingly, under the offer ‘Extra Seat-Extra Baggage’, passengers can avail of an additional check-in baggage allowance of 10 kg on booking a private row and 5 kg on booking an extra seat. “This is a limited […]
28 seaplane routes, 14 water aerodromes under development: Govt
A total of 28 seaplane routes and 14 water aerodromes across the country are in various stages of development at a cost of Rs 450 crore, Civil Aviation Minister Hardeep Singh Puri said on Tuesday. In order to develop seaplane flight services in India, the Ministry of Civil Aviation and the Ministry of Ports, Shipping […]
Go Airlines ties up with DreamFolks to provide airport lounge services
Low fare carrier Go Airlines has partnered with DreamFolks, a global airport service provider, to offer lounge service across select airports in India. “Lounge services are available across 30 domestic terminals and 12 international terminals,” said the airline recently rebranded as Go First. The amenities available in these services include food & beverages, entertainment, free […]
Hardening of imported solar PV module price to moderate project returns: Icra
Hardening of imported photovoltaic solar module price will moderate the returns for projects awarded over the last six to nine-month period, rating agency Icra NSE -1.45 % said on Tuesday. The increase in imported photovoltaic (PV) solar module price level by about 15-20 per cent over the last 4-5 months, to around 22-23 cents/watt as […]
MNRE organising webinars on renewable energy
The Ministry of New and Renewable Energy (MNRE) on Tuesday said it has been conducting a series of webinars on achievements in clean energy. These webinars started on March 15 and will continue for 75 weeks from the date, the ministry said in a statement. As part of commemoration of 75 years of India’s Independence, […]
HOP Electric Mobility launches 2 new EV scooter models
EV maker HOP Electric Mobility on Tuesday launched two new scooter models and said it plans to roll out five vehicles, including an e-bike, by the end of this fiscal year. The company said it is also looking to set up charging stations, starting from Jaipur and further expanding them to other parts of the […]
Singapore’s Sembcorp to monetise India assets; expand renewable energy capacity
Singapore utility group Sembcorp Industries hopes to monetise some of its operational assets in India over the next 12-18 months and aims to grow its renewable energy capacity through organic and inorganic routes to drive the ambitious green energy target, a top executive told ET. Last month, Sembcorp Industries announced a strategic plan to shift […]
Fuel prices hit fresh record high on June 16; Petrol nears Rs 100/litre in Bengaluru
Petrol and diesel price today: Prices of petrol and diesel were hiked on Wednesday, June 16, 2021, after a gap of one day, touching fresh record highs across the country. In the national capital, the petrol price rose 25 paise while that of diesel inched up 13 paise. Following the latest price revision, petrol in […]
Centre allocates 78,000 tonnes of rice from FCI for ethanol production
The Centre has allocated about 78,000 tonnes of rice from Food Corporation of India (FCI) stocks at a subsidised rate of Rs 20 per kg to distilleries for ethanol production for the ethanol supply year (ESY) 2020-21 (December-November), Union Food Secretary Sudhanshu Pandey said on Tuesday. Addressing a press conference via video conference, Pandey said, […]
BPCL divestment path: Cabinet to take up 100% FDI plan for PSU refiners
The Union Cabinet is set to take up a proposal to permit 100 per cent foreign direct investment (FDI) in state-owned oil refiners to clear the regulatory path for the privatisation of Bharat Petroleum Corporation Ltd (BPCL), according to government officials. The move, initially proposed by the Petroleum Ministry, will be placed before the Cabinet […]