Vedanta has submitted a field development plan for an onshore discovery in Gujarat, which is expected to initially produce more than 2000 barrels of oil equivalent per day, the company said in a statement. Vedanta made this gas and condensate discovery, named ‘Jaya’, in its block CB-ONHP-2017/2 in the Bharuch district of Gujarat in August […]
Day: January 11, 2024
Maruti Suzuki plans to start exports of EVs this year
Maruti Suzuki India plans to start exporting Electric Vehicles (EVs) from India this year after launching them in the country, a senior company official said on Thursday. The company also expects to export lithium-ion battery cells and modules worth around Rs 750 crore this fiscal. “This year itself we will start exports of EVs to […]
Cairn Oil & Gas to kickstart over 2,000 boepd production from Gujarat’s Jaya field
Cairn Oil & Gas, a subsidiary of Vedanta Ltd. and India’s largest private oil and gas exploration firm, has announced its Field Development Plan (FDP) for the Jaya discovery in Gujarat. The FDP, targeting an initial production of over 2,000 barrels of oil equivalent per day (boepd), marks a significant step in enhancing India’s energy […]
Delhi Airport Metro Express Line: Part-2
The Airport Metro Express Line (AMEL) comprises of 22.91 km length (16 km tunnel + 7 km via-duct), having standard gauge (1435 mm), between New Delhi Railway Station and Dwarka Sector 21. “Viaduct” is the elevated portion resting on pillars (piers) and “Tunnel” section is that below the ground level. DMRC awarded the civil works […]
Broken trust at 30,000 feet: The impact of the Go First-P&W case has ramifications for international business
In a recent address to the Lok Sabha during the winter session of Parliament, the Union minister of civil aviation Jyotiraditya Scindia highlighted a concerning issue, stating, “Ninety-five per cent of the aircraft on ground in India today is because of engine supplier Pratt & Whitney”. He also added, “We have been in direct touch […]
Punjab’s road to progress: Gadkari gives green light to 29 National Highway projects! Know all about cost, connectivity and more
Union Minister for Road Transport & Highways, Nitin Gadkari, took a significant step towards propelling Punjab on the path of development by inaugurating 29 National Highway projects in Hoshiarpur. These projects boast a combined investment exceeding Rs 4,000 crore, signaling a commitment to enhancing the state’s infrastructure. The inauguration ceremony witnessed the presence of key […]
NCLAT rejects Jindal Power plea to allow its bid for Tuticorin Coal Terminal
The insolvency appellate tribunal NCLAT has dismissed the plea of Jindal Power to allow the company to participate in the ongoing resolution process of debt-ridden Tuticorin Coal Terminal. A two-member bench of the National Company Law Appellate Tribunal (NCLAT) upheld the earlier order passed by the Mumbai Bench of NCLT, which said that under CIRP […]
Vibrant Gujarat Summit: Mukesh Ambani calls Reliance a Gujarati firm, says invested one-third of $150 billion investments in state
Reliance Industries Chairman Mukesh Ambani, while addressing the Vibrant Gujarat Summit 2024 on Wednesday, talked about his and the company’s commitment to the growth of the state. Acknowledging that Reliance will always remain a ‘Gujarati company’, he said that one-third of his company’s $150 billion investments in India took place in Gujarat. “Reliance was, is, […]
Stellantis to invest Rs 2,000 crore for Citroen brand in Tamil Nadu
This move it says is aligned with the Make in India initiative and will help significantly expand its presence, covering both Internal Combustion Engine (ICE) and electric vehicle (EV) manufacturing. The investment encompasses both capital expenditure (CAPEX) and R&D activities at the Chennai Tech Center, enhancing Stellantis’ contribution to fostering regional economic growth. The non-binding […]
Sustainable EV charging infrastructure: Powering the future of mobility
The global shift towards sustainable transportation has witnessed a remarkable surge in electric vehicle (EV) adoption. According to the International Energy Agency (IEA), the number of electric cars on the road exceeded 10 million in 2022 while over 2.3 million electric cars were sold in the first quarter of 2023 and accounted for 18% of […]
Switch Mobility delivers 5 e-double decker buses to Gujarat State Road Transport Corporation
Switch Mobility, the electric bus and light commercial vehicle manufacturer and a part of the Hinduja Group has delivered 5 Switch EiV 22 electric double-decker buses to the Gujarat State Road Transport Corporation. The electric double-decker bus was flagged off by Bhupendrabhai Patel, Chief Minister, Government of Gujarat, at GIFT City on Sunday. The inaugural […]
Hyundai Mobis’ Mobion EV opens new vehicle manoeuvrability possibilities
Hyundai Mobis a global automotive supplier has unveiled the ‘Mobion’ electric vehicle (EV), equipped with the next-generation ‘e-corner system’ motion technology, for the first time at CES 2024. The Mobion demonstrates innovative capabilities that reimagines movement never seen before in a vehicle, including lateral and diagonal motion, as well as stationary pivot turns. “The Mobion […]