HYDERABAD: Aarvee Associates Architects Engineers and Consultants Private Limited has responded to the expression of interest (EoI) to take up the feasibility study and prepare a detailed project report (DPR) for the development of road tunnels with Tunnel Boring Machine (TBM) in five corridors in different parts of the city. The Greater Hyderabad Municipal Corporation […]
Day: March 19, 2024
RRTS corridor: Average daily ridership jumps four times after inauguration
NEW DELHI: The Regional Rapid Transit System (RRTS) in Ghaziabad has witnessed a significant increase in average daily ridership, quadrupling since the inauguration of the second 17 km section of the high-speed corridor last week, according to National Capital Region Transport Corporation (NCRTC). The initial 17 km priority section, linking Sahibabad and Duhai Depot, was […]
Coal stocks at comfortable level to meet peak summer demand, says official
NEW DELHI: The country’s coal stocks are at comfortable levels to meet the demand during the peak summer season, said a senior official from the coal ministry. The official highlighted that the current stock at 143.59 MT (million tonne) as of March 16, 2024, is significantly higher than the 109.24 MT recorded last year for […]
Indian Oil Corp. shares up 0.52% as Nifty drops
NEW DELHI: Shares of Indian Oil Corporation Ltd. traded 0.52 per cent up in Monday’s trade at 11:06AM (IST). Around 859,402 shares changed hands on the counter. The scrip opened at Rs 162.05 and touched an intraday high and low of Rs 163.25 and Rs 160.4, respectively, in the session so far. The stock of […]
IRCTC shares up 0.23% as Nifty gains
Shares of Indian Railway Catering & Tourism Corporation Ltd. gained 0.23 per cent to Rs 915.75 in Monday’s trade. It hit a high of Rs 917.3 and low of Rs 903.65 during the session. On the technical charts, the 200-DMA of the stock stood at Rs 753.87, while the 50-DMA was at Rs 942.73. If […]
Brent Crude surges past $86 amidst ukraine attacks on Russian infrastructure
On Monday, Brent Crude momentarily surged past $86 per barrel, marking its highest point since November, before retreating slightly. This uptick came amidst intensified attacks by Ukraine on Russian energy infrastructure. Brent crude oil futures for May delivery rose by 51 cents to reach $85.85 per barrel at 1333 GMT. Meanwhile, the April contract for […]
Inox Green Energy Services’ subsidiary I-Fox Windtechnik receives order from NLC India for the restoration of 33 WTGs
Inox Green Energy Services Ltd (IGESL), a wind power operations and maintenance (O&M) service provider, on Tuesday announced that its subsidiary I-Fox Windtechnik India Private Limited (I-Fox) has won an order from NLC India Ltd (NLCIL), a Navratna PSU of Govt of India. The order is for the restoration of 33 wind turbine generators (each […]
InterGlobe stock price up 1.35 per cent as Sensex slides
Shares of InterGlobe Aviation Ltd. rose 1.35 per cent to Rs 3292.0 at 10:00AM hours (IST) on Tuesday. Earlier in the day, the stock saw a gap up start to the session. As per data available on BSE, total traded quantity on the counter stood at 18,546 shares with a turnover of Rs 6.13 crore […]
Godawari Power board approves merger of wholly owned subsidiary Godawari Energy with the company
Godawari Power and Ispat Limited on Monday announced that its board of directors have approved the merger of its wholly owned subsidiary, Godawari Energy Limited with the company. “The Scheme of Amalgamation is subject to necessary statutory and regulatory approvals including the approvals of the National Company Law Tribunal/other regulatory authorities and the respective shareholders […]
Torrent Power shares jump 8% on Rs 3,650-crore order win
Shares of Torrent Power jumped 8% on Monday to hit the day’s high of Rs 1,249.50 on the NSE following a Rs 3,650 crore order for setting up 300 MW (RE Power) GridConnected wind-solar hybrid projects. On Saturday, the company informed exchanges about receiving a ‘Letter of Award’ from Torrent Power Limited-Distribution Unit. The project […]
Gensol Engineering completes 160 MW solar installation in Gujarat’s Bhavnagar
Gensol Engineering Limited, on Monday announced the completion of a 160 MW solar installation in Bhavnagar, Gujarat valued at Rs 128 crore for Continuum Green Energy, a key player in the renewable energy sector serving commercial and industrial consumers across India. Gensol has a track record of over 600 MW in diverse solar projects, including […]
Creditors seek more in Liberty Oil debt auction
Mumbai: Bank of India, a creditor to the bankrupt Liberty Oil Mills, is gearing up for a Swiss auction tied to a binding bid that guarantees 66% recovery of the book value. Phoenix ARC has made a bid of ₹82 crore for the ₹126 crore loan, leading the lender to schedule a Swiss auction on […]