Finance minister says Canada will run deficits until at least 2015, 2 years longer than seenSeptember 10th, 2009 Canada to run deficit until at least 2015VICTORIA, British Columbia — Canada's finance minister says the government will run deficits for two years longer than originally forecast, and the country will be in the red at least until 2015. Finance Minister Jim Flaherty says the deficit for this year will be over $4.6 billion more than originally thought, moving up to a projected $51.9 billion from $46.5 billion
Flaherty told an audience in Victoria on Thursday that Canada is showing signs of a fragile economic recovery, but returning to balanced budgets will not be easy.
List of electric companies working with Ford to develop intelligent charging systemsAugust 19th, 2009 Utility companies teaming up with FordA list of utility companies currently working with Ford Motor Co. on intelligent vehicle-to-grid communications and control systems that will enable electric cars to "talk" to local power grids:
Southern California Edison
Consolidated Edison of New York
American Electric Power of Columbus, Ohio
Alabama Power of Birmingham, Ala.; and its parent, Atlanta-based Southern Company
Progress Energy of Raleigh, N.C.
Power Grid net profit jumps 78 percentJuly 29th, 2009 MUMBAI - State-run electricity grid operator Power Grid Corp's net profit rose 78.81 percent to Rs.546.61 crore in the first quarter this fiscal from Rs.305.69 crore in the like period last year.
Total income of the company grew 24.9 percent to Rs.1,822.32 crore for the quarter ended June 30 from Rs.1,458.49 crore a year ago.
DOE makes available $35 billion in loan guarantees for renewable energy, grid improvementsJuly 29th, 2009 DOE makes available energy loan subsidiesWASHINGTON — The Energy Department is making available $36 billion in loan guarantees for renewable energy projects and for modernizing the electricity grid. The department said Wednesday it will accept applications for the financing support over the next 45 days.
Andhra industry fears losing KG basin gasJuly 6th, 2009 HYDERABAD - The national gas grid proposed in the union budget by Finance Minister Pranab Mukherjee Monday triggered fears in the Andhra Pradesh industry that the gas found in the Krishna-Godavari (KG) basin might go out of the state, starving the local units. An industry leader urged the state government to ensure the requirements of the local industry were met while building a national gas grid.
National Intelligence Grid, NCTC to be set up by SeptemberJuly 2nd, 2009 NEW DELHI - The Union Home Minister on Thursday said that it would set up a National Intelligence Grid (NIG) and National Counter-Terrorism Centre (NCTC) by September end in order to strengthen the intelligence sharing and analysing mechanism in the country. The clarification was made in an action plan that was released in New Delhi on Thursday.
India plans to spread CNG network to 200 cities by 2015June 27th, 2009 NEW DELHI - Cooking gas connections for 75 percent of the population, CNG network expansion to 200 cities, SMS booking for gas cylinders and biometric cards for kerosene users are some of the elements of the petroleum ministry's vision paper for 2015. The document, Vision-2015 for Consumer Satisfaction and Beyond", was finalised Friday night at a conclave of chief executives of public sector oil companies in Goa.
Power Grid Corp net up 16.7 percentJune 16th, 2009 MUMBAI - Public sector electricity major Power Grid Corp of India Tuesday reported a net profit of Rs.1,690.6 crore for 2008-09 as against Rs.1,448.5 crore recorded the year before, an increase of 16.7 percent. The company is involved in construction, operation and maintenance of inter-state transmission system and regional power grids.
Exclusive electricity grid for Commonwealth GamesJune 11th, 2009 NEW DELHI - BSES, one of the two private power distribution firms in the national capital, is setting up a Rs.400-million ($8 million) electricity grid that will exclusively serve the upcoming athletes village for the Commonwealth Games next year. "We will provide uninterrupted power supply to the 2010 Commonwealth Games.
RI lawmakers debate bill creating major customer for proposed offshore wind farmJune 11th, 2009 RI lawmakers debate new plan for funding wind farmPROVIDENCE, R.I. — The state's dominant electricity distributor would be forced to buy power from renewable energy producers under a deal struck Wednesday that could remove a major financial obstacle to building a windfarm off Rhode Island.
Upstate NY Mohawks approve referendum to end National Grid service, start own electric utilityJune 8th, 2009 NY Mohawks vote to create electric utilityST. REGIS MOHAWK RESERVATION, N.Y.
Upstate NY Mohawks to vote on leaving National Grid system, starting own electric utilityJune 5th, 2009 NY Mohawks to vote on creating electric utilityST. REGIS MOHAWK RESERVATION, N.Y.
Australia drops bid for 2015 Rugby World CupApril 21st, 2009 SYDNEY - Australia cannot afford to host the 2015 Rugby World Cup and may not bid for the 2019 competition either, Australian Rugby Union chief executive John O'Neill said Tuesday. O'Neil said the International Rugby Board (IRB) was insisting the host assume all costs as well as a tournament guarantee fee.
Iranian Navy plans to build new basesFebruary 1st, 2009 TEHRAN - The Iranian Navy plans to establish new bases in the Sea of Oman by 2015, Mehr News reported. The naval bases are currently under construction and they will be completed by the end of the fifth five year Socio-Economic Development Plan (2010-2015), said Rear Admiral Habibollah Sayyari, commander of the Iranian Navy Sunday.
India plans `manned moon mission' by 2015: ISRO chiefJanuary 11th, 2009 RAIPUR - Encouraged by Chandrayaan-I's success in October, India has planned a 'manned moon mission' by 2015, Indian Space Research Organisation (ISRO) chairman G. Madhavan Nair said Monday.
Loading ...