Editorial- August 2023 The lenders who decided to hand over 600 MW Power Plant of Vidharbha Industries Power Ltd (VIPL) to a tainted Asset Reconstruction Company (ARC), have much to answer for. CFM Asset Reconstruction Pvt Ltd – the acquirer of Rs 2,500 crore debt for Rs 1,265 crore – was allowed to take away the asset for […]
GE T&D India gets order from Powergrid to set up transmission asset management centre in Odisha GE T&D India on Wednesday said it has secured an order from Powergrid to set up a state transmission asset management centre (STAMC) in Odisha. The centre will help Odisha Power Transmission Corporation Limited (OPTCL) to operate the grid through real-time monitoring and control. It will help OPTCL to optimize grid operations, integrate renewable energy […]
NALCO posts record cast metal production at 4.63 lakh metric tonne in FY24 State-owned NALCO has made a record production of cast metal at 4,63,428 metric tonne during the financial year 2023-24. The company has also made its highest-ever metal sales of 4,70,108 metric tonne during the fiscal ended March 31, it said in a statement on Tuesday. The excavation of bauxite reached a record high of 7,600,230 […]
IOC shares decline over 4 pc as net profit halves in Q4 Shares of Indian Oil Corporation (IOC) on Tuesday declined over 4 per cent after the company reported a halving of its March quarter net profit. The stock dropped 4.44 per cent to settle at Rs 168.95 apiece on the BSE. During the day, it tanked 4.97 per cent to Rs 168. On the NSE, it […]
Flyer numbers surge, but fewer flights to ferry them Traffic in India’s domestic air passenger market, the world’s third largest in FY24, may have beaten pre-pandemic levels, but the number of flights during the period declined.Go First suspending its operations, followed by multiple airlines grounding aircraft for want of both spares and engine service, took a toll on the number of flights, data from […]
To add 6000-km of high speed highways to the network: Road Secy The Union government has executed highway projects worth 4000 km so far and plans to add another 6000 km to this network in the coming years, a top official at the Ministry of Road Transport and Highways said. According to road secretary Anurag Jain, “We would like to call them high speed corridors for seamless […]
SAIL-RITES JV bags Rs 818 crore wagon order from Indian Railways The Indian Railways has awarded a Rs 817.74 crore wagon manufacturing contract to a joint venture of SAIL and RITES. These Bogie Open Wagons (BOXNHL) are aimed at transporting coal and iron ore. According to officials aware of the move, the tender for 2000 such wagons was awarded in the last week of April to […]
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This technique ‘could turn boiling water into ice without any energy’ Deccan Chronicle, Newspapers, Power April 22, 2019 Biju Kumar Physicists have developed a simple cooling device, which does not require an external power supply to function, according to a recent study. The study was published in the Journal of the ‘Science Advances, 2019’ Sharing Facebook Twitter LinkedIn Email Print