Opinion
Appeal
The legacy of IPA, founded by Nikhil Chakravartty, the doyen of journalism in India, to keep the flag of independent media flying high, is facing the threat of extinction due to the effect of the Covid pandemic. Only an emergency funding can avert such an eventuality. We appeal to all those who believe in the freedom of expression to contribute to this noble cause.Reliance Industries Told To Sign GSPA With NTPC, 10 Gas Distribution Companies
NEW DELHI: The government has ordered Reliance Industries (RIL) to sign agreements with NTPC and 10 city gas distribution firms for supply of natural gas from its eastern offshore KG-D6 fields. The Oil Ministry this month shot off three separate letters to RIL asking it to sign Gas Sales...
Essar Oil Sees Margins Jump After Expansion
MUMBAI: A major upgrading of its refinery in western India by refiner Essar Oil should boost its margins by up to $5 a barrel, its chief executive said on Thursday, adding nearly three quarters of a billion dollars to its annual revenues. Essar has just completed a $1.6 billion...
Natural Gas To Climb As Goldman Sachs Sees Output Cuts
NEW YORK: US natural gas for delivery this fall is trading at a record premium, signaling the fuel may be poised to rebound from its worst quarter in two years because of production cuts and rising demand from power plants. Gas futures for delivery in October traded at an...
Power Ministry For More Lending To PFC, REC
NEW DELHI: The power ministry has written to the Cabinet Committee on Infrastructure to mandate a uniform 50% risk weight to bank loans for state-owned Power Finance Corporation (PFC) and Rural Electrification Corporation (REC), a move which could lead to banks doubling their exposure to these companies if it...
Power Ministry Issues Directives To CERC On Open Access
MUMBAI: In yet another push for granting open access to all electricity consumers with power requirement of 1 Mw and above, the power ministry, exercising its power under section 107 of the Electricity Act, 2003, has issued directives to the Central Electricity Regulatory Commission (CERC) stating that regulators have...
Will Have To Prove Reliance Power Misused Coal: Attorney General Tells Government
NEW DELHI: The Attorney General (AG) has advised the government that if it wants to revoke the permission given to Reliance Power to divert surplus coal from mines attached to the Sasan power project, it will have to show that the company violated the terms under which it was...
Power Conservation Begins At Home
India’s installed power generation capacity crossed two lakh MW last week. However, there is little cheer as demand continues to soar. The Central Electricity Authority indicates that against a peak demand of 130,250 MW, the deficit was 11.1 per cent or 14,458 MW for 2011-12. For Mumbai alone, the...
NTPC Won't Sign Separate Fuel Supply Agreements For New And Old Units
KOLKATA: NTPC will not sign separate fuel supply agreements (FSAs) for new units and old units at the same power station as is now required by Coal India. It intends to sign the same set of contracts – the one it has already signed for some of its units....
Power Companies Ask Min To Ensure Coal Supply Ahead Of FSA Signing
NEW DELHI: Power companies have sought intervention from the power ministry to ensure that coal supply is maintained to power plants through the memorandum of understanding (MoU) route until fuel supply agreements (FSAs) are signed. This comes after the Central Coalfields Ltd (CCL), a Coal India Ltd subsidiary, recently...
Nuclear Energy Is One Part Of Move Towards Low-Carbon Future: Montek
LONDON: Nuclear energy should be considered a clean energy source, Mr Montek Singh Ahluwalia, Deputy Chairman Planning Commission, said that at the end of the 23-Government Clean Energy Ministerial meeting that took place in London this week. Mr Ahluwalia, who represented India at the third CEM conference, said that...
Coal India Refuses Supply To New Power Plants
NEW DELHI: In a twist to the unending drama over coal supply, Coal India Ltd (CIL) has refused to supply to power plants commissioned since December 2011. The move is set to stall investment worth Rs 40,000 crore in new power capacity of 8,156 Mw. This includes a 300-Mw...
Long-Term Deal With Power Distributors, Must For Coal India Supply
MUMBAI: Power generators who do not have power purchase agreements (PPA) with electricity distribution companies will not get Coal India supplies. A senior power company official said about 20,000 MW of merchant power projects will be stranded if the Government does not review its decision. The Government has directed...
Indian Navy To Induct New Warship INS Teg On Friday
NEW DELHI: India is all set to add another swift but silent lethal punch to its blue-water arsenal by inducting a new stealth frigate with weapons and sensors for three-dimensional warfare. The 3,970-tonne INS Teg frigate , armed with the 290-km BrahMos supersonic cruise missiles among other weapon systems...
BHEL May Make ‘Bofors-Equivalent’ Guns For The Army
NEW DELHI: Even as the Bofors gun scandal continues to haunt India years after it was unearthed during the 1980s, the good news is that these guns may soon be produced at home. The country’s largest power equipment manufacturer, state-owned Bharat Heavy Electricals Ltd (BHEL), which is already making...
Altran Expanding India Operations
CHENNAI/BANGALORE: French engineering company Altran Technologies, which operates across 20 countries in Europe, Asia and the Americas, plans to expand its Indian operations, by tapping the Indian market and also serving global customers in the aerospace, automotive, railways and energy verticals from India, a senior company official said here...
EU Seeks India's Help To Secure African Coastline
The European Union has sought India’s help to build the maritime capacities of coastal countries in the Horn of Africa to strengthen their ability to fight piracy in the world’s most dangerous waters for commercial shipping. The EU Military Staff (EUMS) wants to scale up engagement with the Indian...
India, Japan To Talk On Defence, Investment And Nuclear Energy
NEW DELHI: Defence, investment and nuclear energy will dominate the biggest exchange between Indian and Japanese leaders when Japanese foreign minister Koichiro Gemba arrives here on Sunday. Gemba is leading a high-profile delegation including several cabinet ministers and senior officials. The union cabinet is expected to approve a proposal...
India To Return Bangladesh Air Force Cadet To Dhaka
A Bangladeshi Air Force cadet, who force-landed his trainer plane on the Indian side of the border in West Bengal due to bad weather, will be returned to Dhaka, an official said here Thursday. The cadet, identified as Rashid Sheikh, had taken off on the PT6 trainer aircraft from...
