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 […]
Waaree Energies Limited bags 400 MW solar module supply contract from GIPCL Waaree Energies Limited secured a significant contract from Gujarat Industries Power Company Limited (GIPCL) for the supply of 400 MW solar PV modules as a part of the ongoing efforts to bolster renewable energy infrastructure and meet the growing demand for clean energy solutions. Under the agreement, Waaree Energies Limited will provide solar PV modules […]
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 […]
India’s oil import bill could swell to $101-104 billion in FY25: ICRA India’s net oil import bill could widen to USD 101-104 billion in current fiscal from USD 96.1 billion in 2023-24 and any escalation in the Iran-Israel conflict could impart an upward pressure on the value of imports, ICRA said on Tuesday. The domestic rating agency said based on its analysis, lower value of Russian oil […]
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 […]
Self-healing roads may soon be a reality: NHAI Roads that repair themselves could soon become a reality in the country, with the National Highways Authority of India (NHAI) beginning work on adopting a new technology for the purpose, said people familiar with the matter. The technology allows asphalt, used to build roads, to self-heal and address the issue of potholes, one of the […]
IRCON bags Rs 1,200-cr order State-owned IRCON on Sunday said it has secured a railway project worth about Rs 1,200 crore in a joint venture. “Ircon International Ltd (IRCON) under its joint venture with Dineshchandra R Agrawal Infracon Pvt Ltd (DRA) i.e. Ircon-DRA JV has been awarded the LoA for the construction of Kottavalasa-Koraput Doubling Project from Shivalingapuram Station to […]
Hyderabad airport metro: Official conducts survey to finalise alignment. Here are likely stations, route and other details
Mines Ministry inks MoU with Shakti Sustainable Energy Foundation for knowledge support on critical minerals
China lifts restrictions, gives all clear nod for Tesla cars as Musk lobbies hard in surprise visit to Beijing
BMC plans to cut 316 trees, transplant 66 for Eastern Freeway improvement in South Mumbai – Details inside
Unlocking the Potential of Micro-Mobility: Examining the Impact of E-Scooters and Bike-Sharing Programs
Dubai to build world’s largest airport with 400 terminal gates and much more! Cost, features, and all you need to know
Mumbai’s road to progress! BMC launches girders for Bow-String arch bridge – Here’s how long the process took
Indian air carriers witness 478 snags due to malfunctioning engineering parts in last 12 months: Civil Aviation Ministry
Pune Infra Watch: To make Pune first EV ready city in India, PMC to announce new policy decisions from July 1
NTPC inks Rs 2,500 crore loan pact with HDFC Bank Deccan Chronicle, Newspapers, Power February 6, 2019 Biju Kumar New Delhi: State-run power giant NTPC on Tuesday said it has signed an agreement with HDFC Bank for a Rs 2,500 crore loan to part finance capital expenditure. Sharing Facebook Twitter LinkedIn Email Print