Thomson Reuters | Last Updated: August 13, 2015 10:15 (IST)
The government has hired five banks to manage a stake sale valued at up to Rs 9,500 crore in state-run Indian Oil Corp, IFR reported on Thursday.
Thomson Reuters | Last Updated: August 05, 2015 09:24 (IST)
Environmentalists hailed the ruling against the $16 billion project as a victory in their efforts to block the mine, which they claimed put the Great Barrier Reef under threat.
Press Trust of India | Last Updated: August 03, 2015 15:46 (IST)
Welspun Renewables on Monday said it has commissioned a 34 MW solar power project in Punjab.
Press Trust of India | Last Updated: August 03, 2015 14:25 (IST)
The Finance Ministry will pay state-owned fuel retailers Rs 1,300 crore cash subsidy for kerosene for the first quarter ended June 30, but the same on LPG will be decided later.
Press Trust of India | Last Updated: August 03, 2015 14:13 (IST)
Power plants which have started operations since April last year with a total capacity of 13,900 MW are facing financial uncertainties due to insufficient electricity purchase agreements and transmission constraints, India Ratings and Research has said.
Press Trust of India | Last Updated: July 29, 2015 16:18 (IST)
Alstom T&D India Ltd on Wednesday said that it has bagged a contract worth around Rs 80 crore for supplying transformers for the Neyveli New Thermal Power project in Tamil Nadu.
Press Trust of India | Last Updated: July 28, 2015 19:48 (IST)
Power projects of around 46,000 MW capacity are facing viability issues due to lack of long-term purchase agreements, inadequate fuel supply and aggressive bidding to win projects, Crisil has said in a report.
Press Trust of India | Last Updated: 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.
Press Trust of India | Last Updated: 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.
Thomson Reuters | Last Updated: 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.
Last Updated: 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.
Last Updated: 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.
Thomson Reuters | Last Updated: 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
Last Updated: 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.
Last Updated: 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.
Last Updated: 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.
Thomson Reuters | Last Updated: 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.
Thomson Reuters | Last Updated: 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".