Construction, transport and chemical manufacturing sectors are likely to be the worst-affected by the coronavirus pandemic in China, says a report. However, India’s top imports, crude oil and gems and jewellery, which collectively account for 46% of total imports are relatively insulated from the public health crisis in China, according to the report by ICICI Securities.
The transport and logistics industry should gear up for stricter pollution norms and adopting liquefied natural gas (LNG) as a future fuel, according to Minister of Road Transport and Highways, Micro, Small and Medium Enterprises, Nitin Gadkari.
Adani Enterprises Ltd (AEL) said it has won Rs 1,546-crore project from National Highways Authority of India (NHAI) for building a stretch of NH-16 in Andhra Pradesh under Bharatmala Pariyojana. The project will be undertaken under the hybrid annuity mode and likely to be completed in 2.5 years.
Power demand in the country grew 2.1% in April-February this fiscal to 1190.74 billion units (BU) from 1166.08 BU in the same period a year ago. During 2018-19, the power demand grew 5% to 1274.59 BU from 1213.32 BU in the previous fiscal, Power Minister Mr R K Singh said.
The Minister informed that there has been no decline in electricity demand as a whole and the overall energy requirement has been growing with commensurate growth in energy supplied also.
Coal-fired power plants achieved the prescribed level of fuel stock of 22 days last week after a gap of three and half years. The combined stock at pitheads and power plants is almost 88 million tonnes, the highest ever.