Net profit of Rs 4,352 crore in the October-December quarter of 2016-17 was 197 per cent higher than Rs 1,466 crore in the year-ago period, the company said.
While energy consumption will grow by 4.2 per cent per annum -- faster than all major economies in the world -- India's consumption growth of fossil fuels would be the largest in the world.
Petrol in Delhi now costs Rs 71.14 a litre as against Rs 65.93 in end November. Similarly, diesel rates have gone up from Rs 54.57 a litre to Rs 59.02.
A level of 200 million tones would compare to over 750 million tonnes in the United States last year and 500 million tonnes in China.
U.S. crude futures settled up 76 cents to $53.01 a barrel, a gain of 1.5 percent. Brent crude oil settled up 91 cents, or 1.7 percent, at $56.01, off the session high of $56.43 a barrel.
Crude oil output cuts announced by OPEC, stronger-than-expected demand in top commodities market China and expectations of higher infrastructure spending in the United States after the victory of Republican candidate Donald Trump all boosted prices.
Reports earlier had said that he was likely to push for easy funding for the Adani project.
RPG Group firm KEC International has bagged orders worth Rs 1,041 crore from both domestic and international markets.
With the current rates, the gas price will come to $7/million British thermal unit.
FIA is a body of four established domestic private airlines.
The government is keen on enhancing renewable energy by five-fold, Piyush Goyal said.
Company added that it will supply and install 10 units of wind turbine generators.
Coal India (CIL) accounts for over 80 per cent of the domestic coal production.
At $35 per barrel oil price, ONGC will have to pay Rs 3,500 per ton cess.