(PTI) State-run NHPC has awarded engineering procurement and construction (EPC) contracts worth Rs 6,604.42 crore to Adani Infra, Tata Power Solar Systems and SSEL-ASR JV for a 1,000 MW solar project and transmission line. The completion period is 18 months, as per a BSE filing. NHPC Ltd has awarded EPC contracts for development of grid connected solar PV project (1,000 MW capacity) and transmission line for power evacuation to ISTS sub-station along with comprehensive operations and maintenance for 5 years under Tranche-III of CPSU Scheme Phase-11, it said.
Author: Aruna Sharma
(ET) Assam-based Numaligarh Refinery Limited (NRL) is collaborating with NEDFi Venture Capital Limited (NVCL) to support Startups from the Northeast Region by way of equity funding. The company stated NRL has so far supported startups through a Corpus Fund of Rs. 10 Crore identified for the purpose under its flagship Startup initiative, NRL iDEATION. With a view to create a self-sustaining fund, NRL has adopted an equity investment strategy in startups under NRL iDEATION by way of constituting an Angel Fund under the Securities and Exchange Board of India (Alternative Investment Fund) Regulations, 2012. The Alternative Investment Fund (AIF) is proposed to…
(BS) Global private equity investor Actis is actively considering investing in the green hydrogen segment in India, said Sanjiv Aggarwal, Sanjiv Aggarwal, Partner, Energy Infrastructure at Actis. “We are studying the sector very carefully. Its an area which we are very actively considering investing in not only in India, but also in other markets,” said Aggarwal.
(BS) At a time when the country is reeling from power crisis, Finance Minister Nirmala Sitharaman has urged the states to have a relook at their energy planning. This is to ensure 24 hours of quality power to the industry and the people. Indicating that the crisis is a major roadblock for the development of jobs and the industry, she said, “We should all take a call so that electricity shortage should not come to anyone, anywhere. Electricity should be there and it should be at a reasonable rate.” The minister also urged the states to look at both renewable and non-renewable…
(ET) GAIL will buy natural gas from domestic difficult fields and international markets and pool it with cheap domestic produce for supply to city gas distributors to meet their growing demand, as per a new guideline issued by the petroleum and natural gas ministry. State-run GAIL is the authorized agency that oversees supplies to city gas companies. The gas supplied to city gas distributors for use in transport and homes is priced according to a government-set formula and is traditionally much cheaper than other domestic gas, which can be sold at market rates. Expanding the city gas network has increased demand for…
(ET) India’s fuel consumption moderated and slipped 4% in April from the previous month, data showed on Tuesday, as elevated domestic prices slowed activity in the world’s third biggest oil consumer. Consumption of fuel, a proxy for oil demand, totaled 18.64 million tonnes, data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry showed This was a slight retreat from the 19.41 million tonnes in March, a three-year high, when petrol sales hit an all-time peak, as the market accumulated supplies foreseeing price spikes while easing COVID-related curbs boosted demand. But likely weighing on consumption since then, domestic prices…
(DJ) उत्तर प्रदेश के विकास के लिए मुख्यमंत्री योगी आदित्यनाथ खुद जिलों का दौरा कर रहे हैं। हर मंडल के लिए तीन-तीन मंत्रियों का समूह बनाकर भेजा। विकास कार्यों की समीक्षा, पार्टी पदाधिकारियों से मुलाकात और जनता से फीडबैक लेकर लौटे अधिकांश कैबिनेट मंत्रियों का अनुभव यही रहा कि अधिकारी न जनता की सुनते हैं और ना ही पार्टी पदाधिकारियों की बात मानते हैं। मंत्रियों ने मौखिक रूप से किसी अधिकारी का नाम नहीं लिया, लेकिन मंडल की जिलेवार पूरी लिखित रिपोर्ट तीन दिन में सभी मंत्री सौंप देंगे। दूसरे कार्यकाल की शुरुआत से ही योगी सरकार ने रफ्तार पकड़…
To promote a collaborative ecosystem aimed at fostering innovation and adoption of drones for public services, an experience studio on drones was launched today by Union Minister of Civil Aviation Jyotiraditya Scindia at NITI Aayog. NITI Aayog Vice Chairperson Suman Bery and CEO Amitabh Kant were also present in the inaugural event. Union Minister of Civil Aviation Jyotiraditya Scindia said, ‘We have the potential to make India a global drone hub by 2030. It is imperative for us to boost the usage of drones in different industrial- and defence-related sectors to leverage the benefits of this technology, as highlighted by…
(AU) बंगाल की खाड़ी से उठे चक्रवाती तूफान का असर दिखना शुरू हो गया है। आंध्र प्रदेश और ओडिशा के कई जिलों में तेज हवाओं के साथ बारिश शुरू हो गई है। मौसम वैज्ञानिकों के मुताबिक, चक्रवात ‘असानी’ के अगले कुछ घंटों में उत्तर-पश्चिम की ओर बढ़ने की संभावना है। यह आज शाम या कल सुबह तक आंध्र और ओडिशा के तट तक पहुंचेगा। चक्रवात असानी के चलते खास तौर पर ओडिशा और आंध्र प्रदेश में हाई अलर्ट जारी किया गया है। ओडिशा के पुरी के एडिशनल एसपी मिहिर कुमार पांडा ने बताया, असानी के कारण तेज हवाएं चल रही हैं और…
As per the provisional statistics of Ministry of Coal, the total coal production increased by 29% to 66.58 Million Ton (MT) from 51.62 MT in April,2022 as compared to April, 2021. During April, 2022, Coal India Ltd. (CIL), Singareni Collieries Company Ltd. (SCCL) and Captive mines/Others registered a growth of 27.64%, 9.59% and 59.98% by producing 53.47 MT, 5.32 MT and 7.79 MT of coal respectively. At the same time, coal despatch increased by 8.66% to 71.30 MT from 65.62 MT during April, 2022 as compared to April, 2020. During April 2022, CIL, SCCL and Captive/Others registered a growth of 6.01%, 5.53%…