Supreme Court to hear plea seeking to defer Union Budget on Jan 23

Supreme Court to hear plea seeking to defer Union Budget on Jan 23

NEW DELHI: The Supreme Court today deferred to January 23 the hearing on a plea seeking postponement of Union Budget presentation ahead of the upcoming Assembly polls in five states. A bench comprising Chief Justice J S Khehar and Justice D Y Chandrachud, which has sought material and legal provisions in support of the PIL, […]

FirstEnergy to sell four Pennsylvania gas generating plants to LS Power

FirstEnergy to sell four Pennsylvania gas generating plants to LS Power

New Delhi: FirstEnergy Corp said on Thursday it would sell four gas-generating plants in Pennsylvania and portion of a Virginia hydroelectric power station to a unit of LS Power Equity Partners III LP for about $925 million. The power stations, owned by FirstEnergy’s units, have a total capacity of 1,572 megawatts (MW). Akron, Ohio-based FirstEnergy’s […]

Trump’s energy pick Perry says he regrets call to eliminate Energy Department

Trump’s energy pick Perry says he regrets call to eliminate Energy Department

WASHINGTON: Former Texas Gov. Rick Perry, tapped by President-elect Donald Trump to head the Energy Department, said Thursday he regrets his infamous statement about abolishing the federal agency and insisted it performs a critical function. Perry told a Senate committee that if confirmed, he will be a passionate advocate for the department’s core missions and […]

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