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.
March 27, 2015 22:07 (IST)
Aggressive bidding seen in the auction of 33 mines would result in a significant under-recovery in fuel cost estimated at Rs 1,800 crore by financial year 2017-18 for the winning bidders in power sector, rating agency Icra said.
March 26, 2015 19:30 (IST)
A subsidy of up to Rs 7,500 crore will be provided to private power companies in the next two years as part of the scheme approved by the Cabinet to revive 31 electricity generating units stranded for want of gas.
March 26, 2015 18:56 (IST)
Sources close to the company said none of the 31 idle power plants that were stated as being dependent on gas supplies from RIL, were installed or financed on the basis of KG-D6 ga
March 25, 2015 23:23 (IST)
The government said on Wednesday that it will boost imports of liquefied natural gas (LNG) to improve electricity generation and revive plants worth billions of dollars to fuel economic expansion.
March 25, 2015 21:42 (IST)
Tata Power will acquire a 50 per cent stake in Zambia's Itezhi Tezhi Power Corp Ltd (ITPC) from Tata Africa for an undisclosed amount.
March 25, 2015 19:29 (IST)
Infrastructure Leasing & Financial Services Ltd (IL&FS) plans to more than triple its power generation capacity in five years, a top executive said, betting on demand for renewable energy sources like wind and solar in Asia's third-largest economy.
March 24, 2015 17:21 (IST)
"With this coal mine acquisition, the company will commence mining operations to power the Mahan plant within a few months," it said.