Thomson Reuters | Last Updated: May 24, 2016 11:38 (IST)
Government is putting up for auction nearly four dozen small oil and gas fields in the first such sale in six years, oil ministry said in a newspaper advertisement on Tuesday.
Press Trust of India | Last Updated: May 20, 2016 16:33 (IST)
Buoyed by the success of Uday Scheme for revival of debt-ridden discoms, Power Minister Piyush Goyal on Friday said bonds worth Rs 1.5-1.75 lakh crore are expected to be issued in the ongoing fiscal.
Press Trust of India | Last Updated: May 20, 2016 11:20 (IST)
The Centre on Thursday told the Delhi High Court that export of country's domestic crude oil cannot be allowed as it would be detrimental to the national interest considering the fact that nearly 85 per cent of required crude was imported.
Press Trust of India | Last Updated: May 19, 2016 17:49 (IST)
State-run CIL arm Western Coalfields Ltd (WCL) on Thursday announced the reduction of its e-auction coal price by 20 per cent of the rate notified.
Press Trust of India | Last Updated: May 18, 2016 18:17 (IST)
State-run CIL on Wednesday said that Competition Appellate Tribunal has set aside the Rs 1,773-crore penalty imposed on the company and the case has been remitted back to CCI for passing fresh orders.
Press Trust of India | Last Updated: May 13, 2016 16:54 (IST)
Country's coal imports fell by 15 per cent to 15.9 million tonnes (MT) in April this year.
Thomson Reuters | Last Updated: May 13, 2016 16:01 (IST)
Asia's refined product markets are being swamped by a wave of gasoline as a long-lasting crude oil glut spills into the one fuel market refiners had hoped would save them, ruining margins and dragging down share prices across the region.
Press Trust of India | Last Updated: May 12, 2016 16:29 (IST)
State-owned CIL will this month hold the second phase of special e-auction for the current financial year for providing coal to power plants as the government's targets 24X7 power supply across the country.
Press Trust of India | Last Updated: May 10, 2016 21:24 (IST)
State-run NTPC on Tuesday said power generation has started from its 200 mw NP Kunta ultra mega solar power project at Anantapuram in Andra Pradesh.
Thomson Reuters | Last Updated: May 09, 2016 23:51 (IST)
Malaysian utility Tenaga Nasional, backed by sovereign wealth fund Khazanah Nasional, will buy a 30 per cent stake in the energy unit of indebted Indian infrastructure group GMR for $300 million in cash, the companies said on Monday.
Press Trust of India | Last Updated: May 05, 2016 20:07 (IST)
Government's decision to relax norms for utilisation of domestic coal by state and Centre-owned generation utilities is positive for discoms as it would help lower transportation and power purchase costs, ratings agency Icra said.
Thomson Reuters | Last Updated: May 04, 2016 19:04 (IST)
Indian billionaire Sajjan Jindal's JSW Energy Ltd has all but agreed to buy a 1,000 megawatt power plant from his brother's heavily indebted Jindal Steel and Power Ltd in a deal valued at over $900 million, two sources told Reuters.
Press Trust of India | Last Updated: May 04, 2016 18:23 (IST)
State-run NTPC has threatened to snap power supply to Reliance Infra-backed discoms in Delhi -- BRPL and BYPL -- if they fail to pay around Rs 1,300 crore dues by midnight on May 9.
Press Trust of India | Last Updated: May 04, 2016 14:28 (IST)
Government has saved over Rs 21,000 crore in cooking gas LPG subisdy in the last two financial years as paying the dole directly into bank accounts of actual users helped eliminate duplicate connections as well as diversions, Oil Minister Dharmendra Pradhan said on Wednesday.
Press Trust of India | Last Updated: May 03, 2016 17:13 (IST)
As Coal India plans to ramp up production with heavy investment in hi-tech machines, one of its trade unions has strongly denounced the move fearing "huge job losses".
Press Trust of India | Last Updated: May 03, 2016 15:08 (IST)
State-run Bharat Heavy Electricals Ltd (BHEL) on Tuesday announced commissioning of a 600 MW coal-based thermal power plant in Madhya Pradesh.