Saturday, Jan 20 2018 | Time 22:10 Hrs(IST)
  • More than 4 crores people to participate in Human Chain in Bihar tomorrow
  • Punjab selected for national award for immense use IT during polls
  • Nine die in plastic factory fire in Bawana Delhi
  • East Bengal get ready to host arch-rivals Mohun Bagan in return I-League Kolkata derby
  • Joint action plan for coastal area security: Collector
  • Philippine troops fight first clash with militants since Marawi battle, six wounded
  • Illegal construction in Shimla: JAC to convene meeting to chalk out strategy for remedial
  • Six sentenced to death for murder
  • Team 'Sonu Ke Titu Ki Sweety' visits Kolkata
  • Rajnath’s appeal raises donation of nearly Rs 13 cr for martyrs’ fund in one day
  • Office of profit case: AAP MLAs will approach Prez, says Sisodia
  • Haryana govt to urge Centre for early execution of SC order on SYL: Khattar
  • President to visit Gujarat on January 21 and 22
  • Dr Ashish Paturkar new Vice-Chancellor of MAFSU
  • CBI conducts searches at 47 places in loan fraud cases of PNB
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Thermal power generation to be phased out by 10 yrs: CS

Amaravati, Oct 6 (UNI) Rural Electrification Corporation Chairman and Managing Director P V Ramesh called on Chief Secretary Dinesh Kumar at the Secretariat here on Friday.
Both the officials discussed various issues, including opening of office to REC in Vijayawada and the on-going rural electrification projects.
On the occasion, the Chief Secretary said the thermal power generation would be phased out by 10 years in the state as the government focused on the solar, wind and hydro power generation in a big way. Electricity could be generated with less expenditure through solar and wind energy and the government had given top priority for the same.
The Chief Secretary asked the REC Chairman to extend help to introduce battery-run buses in Vijayawada Thirupathi and Visakhapatnam. Mr Ramesh assured the Chief Secretary to extend the required help in the electrification of Amaravati region. Funds are being released under Deenadayal scheme and efforts are being made to utilize funds. The REC is extending help for solar and wind energy projects.

He said an MoU was signed between the REC and the state government on January 25th to extend Rs 10,000 crore loan to the AP Transco and AP Discom for the period of five years from 2017 to 2022 on 10 per cent interest rate.
However, on the request of the AP Transco, the REC reduced the interest rate from 10 per cent to 8 per cent, which benefited Rs 200 crore to the state government, the Chief Secretary said.
The REC consented to extend loans in future also for the construction of various power generation projects on 8 per cent interest, he said. AP Transco Joint Managing Director P Dinesh, Genco Director (finance) Aadinarayana, AP EPDCL Director (Finance) Chandrsekhar were present.
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IndiGo commences Colombo operations

20 Jan 2018 | 7:51 PM

New Delhi, Jan 20 (UNI) In its endeavour to strengthen its growing network, IndiGo, India’s largest and fastest growing carrier on Saturday commenced its operations in Colombo, Sri Lanka.

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ONGC acquires 51.11pc of Govt stake in HPCL

ONGC acquires 51.11pc of Govt stake in HPCL

20 Jan 2018 | 7:11 PM

New Delhi, Jan 20 (UNI) Oil and Natural Gas Corporation Ltd (ONGC), the largest producer of crude oil and natural gas in India, has acquired the President's shareholding of 51 point 11 per cent in Hindustan Petroleum Corporation Limited (HPCL) in furtherance of the budget announcement by the Government of India for creating an ‘oil major’ which will be able to match the performance of international and domestic private sector oil and gas companies.

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Shahnaz Husain Group launches its range of Herbal Deo

20 Jan 2018 | 7:03 PM

New Delhi, Jan 20 (UNI) The Shahnaz Husain Group has launched its exciting range of Herbal Deo fragrances in Indian Market under Brand Name “O”.

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Budget documents printing starts with ‘Halwa Ceremony’

20 Jan 2018 | 6:59 PM

New Delhi, Jan 20 (UNI) The formal printing of Union Budget documents for Financial Year 2018-19 started on Saturday with the traditional Halwa Ceremony in the North Block which houses the office of Finance Ministry.

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20 Jan 2018 | 6:01 PM

Ahmedabad, Jan 20 (UNI) The Ahmedabad Bullion market showed a
divergent trend here today.

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