July 04, 2015 15:33 (IST)
Power Grid Corp, Kalpataru Power Transmission (KPTL) and Sterlite Grid on Friday submitted financial bids for a Maheshwaram power transmission project of about Rs 400 crore.
June 26, 2015 17:07 (IST)
Power Grid Corporation of India (PGCIL) with over 95 per cent market share is a monopoly, an executive of a private power company said.
June 24, 2015 07:43 (IST)
Halting work at this stage of the project made no sense even as a savings measure, and raises speculation that the company might scrap the project altogether, Guardian Australia said.
June 23, 2015 18:15 (IST)
The government on Tuesday said it is contemplating to rope in states for commercial mining of coal in a bid to fulfill the requirements of small-scale sectors.
June 23, 2015 16:55 (IST)
Struggling to sell electricity that it is already generating, JSW Energy on Tuesday said it does not make any "sense" to go for aggressive expansion at the moment.
June 22, 2015 13:04 (IST)
Carlyle Group has committed to invest up to $500 million in Magna Energy Ltd, an India-focused upstream oil and gas company, the global private equity firm said in a statement on Monday
June 20, 2015 20:11 (IST)
A high-level committee has deferred a decision on green clearance to NTPC's 2,640 MW power plant in Chhatarpur district of Madhya Pradesh in absence of mandatory firm coal linkage and other stipulations.
June 15, 2015 13:39 (IST)
State-owned Bharat Heavy Electricals Ltd (BHEL) on Monday said it has commissioned NTPC's 800-MW Koldam hydro power project in Mandi district of Himachal Pradesh.
June 07, 2015 16:32 (IST)
The company, which produced 25.94 million tonnes of crude oil and 23.52 billion cubic meters of gas in 2014-15, is boosting investment to reverse the declining trend in output at bulk of its old and ageing fields.
June 06, 2015 12:36 (IST)
Two leading Indian power firms will build several plants in Bangladesh to produce up to 4,600 megawatts of electricity to ease the country's prolonged power crisis, a senior official said on Saturday.
June 04, 2015 13:15 (IST)
Oil ministers from Iraq, Venezuela and Angola said in Vienna this week that a price of $75 or $80 a barrel - barely $10 above the going rate - could be just fine. Iraq's Adel Abdel Mahdi said it would be "equitable".
June 04, 2015 11:32 (IST)
OPEC is meeting in Vienna on Friday in its first gathering since last year.
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.