BHEL commissions another 250 MW eco-friendly unit in Gujarat Posted on 27th March 2017 |
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| State-owned power equipment maker BHEL today said it has commissioned a 250-mw eco-friendly unit, using low-grade coal (lignite) as a primary fuel. The lignite-based thermal unit, based on circulating fluidised bed combustion (CFBC) technology, is the second such facility to be commissioned at Bhavnagar Energy Company’s (BECL) 2×250 MW thermal power project at Padva in Bhavnagar district of Gujarat, a BHEL statement said. According to the statement, the first unit of the project was commissioned earlier in May 2016. The project is based on CFBC technology – an environment-friendly one to utilise India’s large resource of low grade, high-moisture lignite. BHEL has the unique distinction of engineering, supply, installation and commissioning of four units of India’s largest capacity CFBC boilers of 250 MW rating, including the two units at Bhavnagar. Earlier in Gujarat, BHEL has executed the 4×125 mw Surat Lignite Power project in Surat district, also involving the CFBC technology. CFBC boilers are highly fueled-flexible and can burn a wide array of fuels, including lignite, and are highly environment-friendly with very low pollutant emission. The successful commissioning of CFBC technology-based units has reinforced BHEL’s leadership status in executing a variety of thermal power projects involving supply of state-of-the-art equipment suitable for Indian conditions, it added. |
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Bharti Airtel defers Q2 results till Nov 14 over ambiguity on AGR verdict Posted on 29th October 2019 |
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Bharti Airtel said on Tuesday it has postponed its second-quarter earnings report to mid-November, as the wireless operator sought clarity on the court ruling asking telecom firms to cough up overdue payments to the government.
Shares of the company, which was expected to release its quarterly numbers later in the day, dropped 3.3 per cent in early trade. |
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Rupee slips 8 paise vs US dollar in early trade amid drop in oil prices Posted on 7th October 2019 |
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The rupee on Monday opened eight paise lower at 70.96 against the US dollar amid drop in crude oil prices and rise in Asian equities. The domestic unit on Friday closed almost flat at 70.88 against after the Reserve Bank of India (RBI) in a widely expected move cut key interest rates by 0.25 percentage point. On a weekly basis, the local unit slumped by 32 paise. |
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LIC pips private insurers in first-year premium growth during April-August Posted on 13th September 2019 |
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In the first five months of the current financial year, first-year premiums of life insurance companies grew by 39.84% (year-on-year) at Rs 1.05 lakh crore as compared to Rs 75,588.35 crore in April-August of 2018-19. Life Insurance Corporation of India (LIC) continued to grow at a faster pace compared to private insurance players, shows the data from the Insurance Regulatory and Development Authority of India (Irdai). |
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Apollo Hospitals rules out further stake sale Posted on 13th September 2019 |
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Apollo Hospitals Enterprise (AHEL) has ruled out further dilution of promoters’ stake in the company. The company also said its Rs 1,337-crore stake sale of Apollo Munich Health Insurance with mortgage major HDFC will be concluded by October. Following these stake sales, the promoters’ pledged position will come down from a high of 76% to 54% by October and eventually to 20% by November or December, company sources said here. |
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World trusts India on Kashmir, not us: Pakistan minister Ijaz Ahmed Shah Posted on 13th September 2019 |
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In a major embarrassment for Pakistan and its Prime Minister Imran Khan, the country's Interior Minister Ijaz Ahmed Shah, a retired brigadier, said the international community didn't believe Pakistan's narrative on Kashmir; instead it is India whose version is trusted. |
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