The coal ministry on Wednesday launched the PM Gati Shakti National Master Plan, which offers a database of existing, ongoing and future coal projects, to foster comprehensive planning and execution of projects in the sector. The master plan is a geographical information system (GIS)-based digital platform involving various ministries for integrated planning and coordinated implementation […]
Day: March 14, 2024
Gwalior Airport unveils eco-friendly ‘Terminal Building’ to bolster regional connectivity
Adding a monumental leap in the regional aviation sector, the Airports Authority of India (AAI) has unveiled a new state-of-the-art terminal building viz Rajmata Vijayaraje Scindia Terminal at Gwalior Airport. With the rise in passenger traffic and increasing demand for air travel, AAI has responded proactively by setting up the Rs 500 crore environment-friendly airport […]
Centre announces new scheme to subsidise electric two and three wheelers
The centre on Wednesday announced a new scheme to promote sale of electric two and three wheelers the country. According to Heavy Industries Minister Mahendra Nath Pandey, Rs 500 crore is being allocated for the Electric Mobility Promotion Scheme (EMPS), 2024. This scheme is valid for four months from April 1 onwards. “We are committed […]
Govt announces Rs 500 cr scheme to promote e-mobility
The heavy industries ministry on Wednesday announced a new scheme to promote e-mobility in the country with an outlay of Rs 500 crore for four months beginning April 2024. The new scheme is for 2-wheelers and 3-wheelers. The second phase of FAME-II or Faster Adoption and Manufacturing of Electric Vehicles in India programme ends on […]
New scheme announced to push sale of electric two-wheelers & three-wheelers in India
The centre on March 13 announced a new scheme to promote sale of electric two and three wheelers. According to Heavy Industries Minister Mahendra Nath Pandey, Rs 500 crore is being allocated for the Electric Mobility Promotion Scheme (EMPS), 2024. This scheme is valid for four months from April 1 onwards.
Compressed bio gas plants to be set up in Raipur, Bhilai; initial pact with BPCL signed
Raipur: An MoU was signed on Wednesday between BPCL, Chhattisgarh Biofuel Development Authority and municipal corporations of Raipur and Bhilai for production of Compressed Bio Gas (CBG) in Chhattisgarh, officials said. As per the pact, BPCL- a central PSU, will set up CBG plants in Raipur and Bhilai with an investment of around Rs 100 […]
How solar projects drive economic growth at the state level
As we stand at the forefront of global power production and consumption, India is rapidly shifting towards a sustainable energy paradigm to cater to its burgeoning power needs. Positioned as the world’s third-largest power producer and the fourth-largest consumer, India acknowledges the imperative to embrace renewable solutions in the face of climate change and escalating […]
SJVN arm gets letter of intent for 500 MW solar project in Gujarat
SJVN Green Energy has received a letter of intent from Gujarat Urja Vikas Nigam Ltd for a 500 MW solar project entailing an investment of Rs 2,700 crore. The project is to be developed at Gujarat Industries Power Company Ltd (GIPCL) solar park at Khavda. SJVN Green Energy is a subsidiary of state-owned SJVN Ltd. […]
Reliance Ethane Holding invests Rs 853 crore in subsidiaries
Reliance Ethane Holding Pte Ltd. (REHPL) a wholly owned subsidiary of oil-to-telecom conglomerate Reliance Industries has invested Rs 284 crore each in three of its subsidiaries–Ethane Coral LLC, Ethane Diamond LLC, and Ethane Jade LLC– aggregating to Rs 852.8 crore ($102.90 million). Ethane LLCs have entered into ship-building contracts (SBCs) to purchase Very Large Ethane […]
Private oil companies grab bigger share of aviation fuel market
Private players are grabbing a larger share of India’s growing aviation fuel business as they expand their supply networks and stitch more deals with airlines.] Reliance-BP and Shell-MRPL, the two private sector joint ventures, expanded their market share to 9% in February from 5.5% in the same month last year. Their share was 6% in […]
Two SpiceJet executives from senior managerial team quit
Two executives from the senior managerial team of low-cost airline SpiceJet have reportedly quit the airline. Arun Kashyap, chief operating officer, and Shilpa Bhatia, chief commercial officer, have put down their papers for unspecified reasons. SpiceJet spokesperson said, “As part of SpiceJet’s strategic restructuring, several members of the commercial team including the Chief Commercial Officer […]
DroneAcharya bags order from Adani Group to provide DGCA certified drone pilot training
DroneAcharya Aerial Innovations Limited on Tuesday announced that it has been awarded a significant service order from Adani to provide DGCA certified drone pilot training. This service order entails providing DGCA certified drone pilot training, marking a notable milestone in the adoption of drone technology within large-scale enterprises like Adani, the company said in a […]