PFC Consulting Ltd (PFCCL) has incorporated Mohanlalganj Transmission Ltd as its wholly-owned subsidiary, a statement said. PFCCL is a wholly-owned subsidiary of Power Finance Corporation (PFC). According to the statement by PFC, PFCCL has completed the process of incorporating Lucknow-based Special Purpose Vehicle -Mohanlalganj Transmission Ltd as its wholly-owned subsidiary. The transmission scheme is an […]
Day: June 18, 2021
Petrol, diesel prices rise again on Friday; petrol nears Rs 100 mark almost everywhere
Áfter a days pause, petrol prices rose by 27 paise on Friday to touch Rs 96.93 per litre in Delhi. Diesel climbed 28 paise to touch Rs 87.69 a litre. OMCs today hiked petrol and diesel prices between 23-30 paisa per litre across the four metros. In Mumbai, today’s rate for a litre petrol is […]
New plan worth Rs 20,000 cr to solarise agricultural feeders: R K Singh
The government is planning to set aside Rs 20,000 crore under a new scheme for solarising agricultural feeders, power and renewable energy minister R K Singh said on Thursday at The Economic Times Energy Leadership Summit 2021. “In the new scheme we are coming out with, which will be put before the cabinet soon, we […]
Iraq signs deal to drill 96 oil wells
Iraq has signed a contract to drill 96 oil wells in the West Qurna-1 oil field located in the southern province of Basra to raise the production, according to a statement by the Ministry of Oil. The state-run Basra Oil Company and the contractors for the West Qurna-1 oil field, ExxonMobil company and the US’ […]
EVs with green plates get more common on Ahmedabad roads
The number of vehicles on the roads with green number plates has been increasing in the city. The state road transport department began issuing green registration number plates to the electric vehicles about two months ago. The state has so far registered 1,390 electric vehicles in 2021, of which 321 were registered at the RTO […]
Electrification of 19 Siachen villages to help Ladakh achieve carbon-neutrality target: Officials
As many as 19 villages in Siachen has been electrified with supply from the Chamshen micro-hydel project (MHP), a development that will help Ladakh inch closer towards achieving the carbon-neutrality target, officials said on Friday. The Union Ministry of New and Renewable Energy funded the Chamshen project under the Ladakh Renewable Energy Initiative (LREI) scheme, […]
Crude oil prices steady near multi-year highs
Crude oil prices hovered near multi-year highs on Thursday, buoyed by falling US crude inventories which limited the impact of a stronger US dollar. Brent crude oil futures dropped 12 cents, or 0.1%, to $74.27 a barrel by 1332 GMT. They hit their highest since April 2019 in the previous session. US crude oil futures […]
CIL contemplating to hike coal price
Coal India Limited (CIL) is debating on hiking coal price for the regulated sector and may take a call soon, a senior official said on Thursday. Costs are on the rise for the miner but realisation remained muted without revision of coal price for the regulated sector. CIL Chairman Pramod Agarwal during an earnings call […]
Andhra Pradesh high court cancels APGECL’s solar power plant tenders
The AP high court on Thursday passed orders cancelling the tenders called by the Andhra Pradesh Green Energy Corporation Ltd (APGECL) in November last year to establish a 6,400 megawatt solar power plant. The single judge bench of Justice M Ranga Rao directed the state to call for fresh tenders and cancel the power purchase […]
Upkeep work: Brace for power cuts for next 10 days
CHENNAI: Scheduled power cuts may occur for a few hours when maintenance work is carried out from Saturday, Minister for Electricity, Prohibition and Excise V Senthil Balaji said on Thursday. The work will be carried out for 10 days in specific divisions across the State, which may cause power outages of 2-3 hours in the […]
Airport Authority of India team selects site for Puri international airport
PURI: A six-member technical team of Airport Authority of India (AAI) on Thursday approved the 1,500 acre land, identified by the district administration at Girala village on the outskirts of Puri town, for the proposed international airport. The team, which is on a two-day visit to the pilgrim town, visited all the four sites of […]
Stalled NH-4A work to resume
KARWAR: The work on National Highway-4A between Anmod and Ramanagara, which had been stalled for the last three years, will resume soon as the Supreme Court has cleared the legal hurdles.Three years ago, the road connecting Khanapur-Anmod and Ramanagara with Goa turned into a nightmare after the work by NHAI was stayed by a court […]