(PTI) Leading wind turbine maker SuzlonNSE -4.43 % is looking to capture about 30 per cent of the 20,000 megawatt (MW) of wind capacity likely to be commissioned by financial year 2020-21, a senior company executive said. According to industry estimates, with the thumb rule of Rs 6.5 crore per MW, the 30 per cent share translates into revenues of around Rs 39,000 crore. The domestic wind market is on a growth trajectory with 7,500 MW of capacity already auctioned, 10,000 MW of bids in the pipeline, and another 3,000 MW soon to be auctioned, according to Kirti Vagadia, group chief…
Author: Aruna Sharma
(DC) The National Highways Authority of India (NHAI) is gearing up to float a tender for commencing the long-pending 262-km of Chennai-Bengaluru Green Expressway. Officials said that even as they suffered a lot in acquiring lands earlier, they completed 95 per cent of land acquisition. The works are supposed to have started last March. In order to cut the travel time from Chennai to Bengaluru by at least three hours, the Union Surface Ministry proposed this six-lane project in 2011 and in this expressway, vehicles can go up to 120 kmph. Further, such stretch will be parallel to the existing 365-km…
(PTI) As many as 21 public sector banks and three major private sector lenders collected a whopping Rs 5,000 crore from customers for non-maintenance of minimum balance in their accounts in 2017-18, according to banking data. India’s largest lender State Bank of India, which suffered a staggering net loss of Rs 6,547 crore during 2017-18, led the pack in penalising its customers for not maintaining minimum account balance. The government-owned SBI, which re-introduced the penalty on deposits going below monthly average balance basis from April 2017, collected nearly half the amount raised by the 24 banks put together (Rs 4,989.55 crore).…
(AU) रेल मंत्री पीयूष गोयल ने कहा कि देश के संसाधनों पर सबसे पहला हक वंचितों का है। रेलवे भी इसी नीति पर काम कर रही है। रेलवे उत्तर प्रदेश में प्रति वर्ष साढ़े पांच हजार करोड़ का निवेश कर रहा है। पहले यहां सालाना सिर्फ 1100 करोड़ रुपये का निवेश होता था। अक्तूबर, 2019 तक फ्रेट कॉरिडोर का निर्माण पूरा होने के बाद ट्रेनों की आवाजाही में देरी की समस्या पूरी तरह खत्म हो जाएगी। गोयल रविवार को रेलवे के चंदौली में पीडीडीयू नगर के बाकले मैदान पर आयोजित समारोह को संबोधित कर रहे थे। रेल मंत्री ने कहा कि…
To plant 200 five feet or longer trees on August 5 to take total to three thousand this year Additional Principal Secretary to Prime Minister Office Dr. P. K. Mishra and a host of other senior Government functionaries today came together for a plantation drive for enhancing green cover at New Moti Bagh (NMB) residential colony developed by NBCC (India) Ltd. The plantation drive was a joint initiative between the Resident Welfare Association (RWA) of the colony and NBCC Ltd. “With this drive today, we have achieved our target of planting 3,200 trees this monsoon at NMB. All these trees are…
(TNIE) The Bharat Petroleum Corporation (BPCL) has approached the state government seeking support to expedite the LPG pipeline project. The project envisages to transport natural gas from BPCL’s Kochi Refinery to Salem in Tamil Nadu. The project will help bring down transportation of LPG by road and reduce the risk of accidents triggered by leakage of LPG from tankers. BPCL chairman and managing director D Rajkumar called on Finance Minister Thomas Isaac in Thiruvananthapuram on Friday and held discussions on the need to expedite the project.Rajkumar updated the status of the `5,246-crore Propylene Derivative Petrochemical Project (PDPP) at Kochi Refinery. He also…
(AU) Auto makers in India are set to spend up to ₹58,000 crore in capital expenditure (capex) over the next two years—the highest in a decade—underscoring healthy demand prospects in the local market and impending safety and emission norms. The figure will mark a 30% jump from the previous two comparative fiscal years, ratings agency Crisil said in a June report. The ratings agency studied investment plans at 18 auto makers, who comprise about 90% of total industry volume. The auto makers are ramping up investments on new products and capacity to tap growing demand. They also need to make…
(AU) प्रदेश में अगले 48 घंटे भारी बारिश की आशंका को देखते हुए मौसम विभाग ने चेतावनी जारी की है। इसके मद्देनजर शासन ने भी एडवाइजरी जारी कर सभी जिलाधिकारियों को अतिरिक्त सतर्कता बरतने के निर्देश दिए हैं। मौसम केंद्र के निदेशक बिक्रम सिंह के अनुसार, सोमवार को प्रदेश के लगभग सभी जिलों में बहुत भारी बारिश का अनुमान है। विशेषकर देहरादून, पौड़ी, टिहरी, चमोली, हरिद्वार, नैनीताल, पिथौरागढ़, ऊधमसिंह नगर में कुछ स्थानों पर बहुत भारी बारिश हो सकती है। उन्होंने बताया कि मंगलवार को भी प्रदेश के कई इलाकों में भारी बारिश हो सकती है। वहीं, मौसम विभाग की…
(AU) उत्तर प्रदेश के मुगलसराय में भाजपा अध्यक्ष अमित शाह ने कहा कि बुआ (मायावती), भतीजा (अखिलेश यादव) और राहुल गांधी मिलकर भी भाजपा को नहीं रोक पाएंगे। 2019 में भी जनता भाजपा को ही जिताएगी। उत्तर प्रदेश में भाजपा की सीटें 73 से 74 तो हो सकती हैं, 72 नहीं होंगी। उन्होंने चुनौती दी कि यूपी में भाजपा की जीत के अलावा कुछ और नहीं होगा। उन्होंने कहा कि बुआ-भतीजा को जब भी देखता हूं तो लगता है वो हमसे जले-भुने बैठे हैं। उसकी वजह भी है। उनके 15 साल के शासन में गुंडों, माफिया और दलालों का राज था।…
(PTI) The government will soon invite fresh bids for 100% stake sale in Pawan Hans by issuing an addendum to the disinvestment document as Oil and Natural Gas Corp. of India Ltd (ONGC) is ready to sell its entire stake in the company, an official said. Helicopter services provider Pawan Hans is a joint venture of the government, which holds 51% stake, and state-owned ONGC, which owns the remaining 49% shareholding. Pawans Hans has a fleet of 46 choppers. On 13 April, the government had issued the information memorandum for the 51% strategic stake sale in Pawan Hans and had…