May 13, 2015 16:11 (IST)
The auction of government subsidy for use of imported liquefied natural gas (LNG) in gas-based power plants, currently getting sub-optimal supplies, ended on Wednesday with the lowest price bid of Rs 1.75 per unit.
May 06, 2015 14:57 (IST)
NTPC, India's largest power producer, will raise $1 billion through foreign currency bonds this year to expand its power generation capacity, particularly in renewable energy segment.
April 29, 2015 17:16 (IST)
Infrastructure major Larsen & Toubro on Wednesday said it has won power sector contracts worth Rs 802 crore in the domestic and international markets this month.
April 29, 2015 17:12 (IST)
The government on Wednesday eased rules on testing gas finds, which will help Oil and Natural Gas Corp and Reliance Industries unlock reserves of about 90 billion cubic metres worth Rs 1 lakh crore ($15.8 billion)
April 28, 2015 15:47 (IST)
The government will continue the process of auctioning coal blocks after successfully putting 33 mines under the hammer earlier this year, a senior government official said on Tuesday.
April 22, 2015 21:08 (IST)
Global ratings agency Standard & Poor's on Wednesday revised upwards its outlook on Tata Power to 'stable' and reaffirmed its 'B+' rating on the company citing the progress, though slow, on tariff revision and stake sale.
April 21, 2015 20:48 (IST)
Power Grid Corp on Tuesday said its board has approved investments worth Rs 5,547.90 crore in various projects including inter-state electricity transmission.
April 15, 2015 16:16 (IST)
Global oil markets may take longer than expected to tighten due to a surge in OPEC supply and a potential rise in Iranian exports, even as demand shows signs of strength, the International Energy Agency said on Wednesday.
April 14, 2015 16:43 (IST)
The fields will be bid out on the basis of revenue share or the share of oil and gas a bidder offers to the government upfront, and work programme.
April 14, 2015 16:33 (IST)
Coal imports into India, the world's third largest buyer, jumped 33.5 per cent in the last fiscal year to 242.4 million tonnes as lower purchases by China depressed prices and helped consumers elsewhere, preliminary data from online trader mjunction showed.
April 08, 2015 14:00 (IST)
ONGC, which produces 59 per cent of India's crude oil output, has been under critical scrutiny ever since the BJP government took office 10 months back.
April 05, 2015 14:20 (IST)
The government has extended till the end of June short-term supply of coal to power plants, which had lost their mines after the Supreme Court cancelled licences of 204 blocks last year.
April 03, 2015 16:14 (IST)
At present, the company generates 44,398 MW of power from all sources of energy. Out of this, 12,115 MW or 27 per cent of the total was added in the last four and a half years.
April 02, 2015 19:08 (IST)
ONGC is using cluster approach to bring oil and gas finds in the block KG-DWN-98/2 or KG-D5, which sits next to Reliance Industries' Bay of Bengal block KG-D6, to production by 2018-19.
April 02, 2015 16:47 (IST)
There are about 15.3 crore LPG consumers in the country.
April 01, 2015 12:51 (IST)
Rs 5,580 crore project is a turnkey order from NTPC
March 31, 2015 16:57 (IST)
Besides, its investments in telecom business reached 15-20 per cent of capital employed, dragging down overall return on capital employed.
March 30, 2015 23:56 (IST)
NTPC, India's largest power producer, on Monday forayed into hydroelectric generation by commissioning the 200 MW unit of its Koldam project in Himachal Pradesh.
March 30, 2015 14:45 (IST)
Avantha Group company CG has bagged an order worth Rs 115 crore from central transmission utility Power Grid Corporation for supply of power equipment.
March 30, 2015 14:28 (IST)
Among Moody's rated banks, IDBI Bank has an especially high exposure to gas-based power plants and would be the key beneficiary of these measures.