The Coal Ministry has asked Coal India Ltd and NLC India Ltd to go for pithead-based thermal projects with an aim to reduce transportation cost and improve availability of dry fuel, a top government official said. The plan is that all new thermal projects of Coal India Ltd (CIL) and NLC India Ltd should come […]
Day: March 18, 2024
Kerosene consumption falls sharply by 26 per cent CAGR during FY14-23: Govt data
Kerosene consumption in the country has declined sharply by 26 per cent CAGR between 2013-14 and 2022-23, mainly due to government policies to promote clean energy. The latest ‘Energy Statistics India 2024’ of the National Statistical Office (NSO) stated, “The impact of energy policies of recent time is evident on the consumption of kerosene as […]
Joe Biden set to crack down on auto emissions to accelerate EV sales
The Biden administration is preparing to roll out the toughest-ever limits on pollution from the nation’s cars and light trucks after making changes likely to mollify some automakers. Emissions limits set to be finalised by the Environmental Protection Agency within days would propel electric vehicle sales well beyond current levels. The EPA has projected that […]
Amid booming EV sales in India, a nagging issue: Who will service your car?
When you are stranded in the middle of a journey as your electric vehicle refuses to charge, you can’t just call a roadside mechanic to tinker with it and get it moving. Not yet, at least. Like Suraj Bidlain, a fleet operator in Gurgaon, realised to his horror when his electric three-wheeler would not charge […]
Adani to invest $14 billion in FY25
Adani group plans to invest more than Rs 1.2 lakh crore (about USD 14 billion) across its portfolio companies that range from ports to energy, airports, commodities, cement and media in fiscal year starting April 1, as it doubles down on its USD 100 billion investment guidance over the next 7-10 years to grow businesses, […]
Top auto companies seek to introduce one electric car a month in next two years
India’s mainstream carmakers, from Maruti Suzuki to Hyundai and Tata Motors, are seeking to democratize the electric power train in personal mobility through the introduction of one electric car a month over the next two years, breaking consumer resistance over affordability through more mass-market choices than ever before. “The adoption of EVs in passenger vehicle […]
Govt seeks bids for electrolyser manufacturing under SIGHT
The government on Saturday invited bids for setting up electrolyser manufacturing capacities under the second tranche of the Strategic Interventions for Green Hydrogen Transition (SIGHT) scheme. The second tranche of the scheme entails a central financial assistance of ₹2,220 crore.
FLY91 set to transform regional air travel, expects to have 350 staff in first year of operations
FLY91, a Goa-based airline, is gearing up to embark on its maiden commercial flights starting March 18 in a bid to revolutionise regional air travel. The regional airline will have around 350 staff at the end of the first year of operations. FLY91’s Managing Director and CEO, Manoj Chacko said that the airline has ambitious […]
Masdar, Gentari, others eye majority stake in Ayana Renewable Power
Mumbai: About half a dozen investors, including Abu Dhabi’s Masdar Clean Energy, Petronas-owned Gentari, Singapore’s Sembcorp, PSP Investments and Brookfield, are vying to acquire Ayana Renewable Power, a clean energy platform owned by the National Investment and Infrastructure Fund (NIIF), multiple people aware of the talks told ET. The majority stake sale will value Ayana’s […]
PM-Surya Ghar Muft Bijli Yojana: Over 1 crore households registered for Centre’s solar rooftop scheme
Prime Minister Narendra Modi on Saturday announced that over 1 crore households have already registered for the solar rooftop scheme PM-Surya Ghar: Muft Bijli Yojana. Out of every state, Assam, Bihar, Gujarat, Maharashtra, Odisha, Tamil Nadu and Uttar Pradesh have seen over 5 lakh regulations. “Outstanding news! In about a month since it was launched, […]
Chhattisgarh’s Ambikapur airport receives DGCA’s aerodrome license, flight operations set to take off
The Directorate General of Civil Aviation (DGCA) has granted an aerodrome license for Ambikapur Airport in Chhattisgarh’s Surguja district, paving the way for flight operations, officials announced on Saturday (March 16). According to a statement from the public relations department, Maa Mahamaya Airport, Ambikapur, has been developed in the 3-C VFR category to enhance air […]
Reducing pilots’ fatigue: DGCA denies extension for revised flight duty norms, sticks to June 1 deadline
The Directorate General of Civil Aviation (DGCA) has announced that it will not extend the June 1 deadline for implementing the revised flight duty norms for pilots. It has asked the airlines to submit their revised schemes by April 15. This announcement comes despite repeated requests from the Federation of Indian Airlines (FIA), which includes […]