At least a dozen power projects including KSK Mahanadi, Prayagraj Power and Jhabua Power which were hopeful of escaping the bankruptcy process, are headed to insolvency courts. The insolvency process would be triggered on Monday
One of the standout commodity performers this year has been thermal coal, but not all coal is created equal and disparities in pricing may help explain why India's imports have stayed strong despite the higher costs.
Norwegian power producer Statkraft is looking to expand its investments in hydropower in India, where demand for electricity is growing rapidly, its chief executive said.
Expressing dissatisfaction over the sluggish pace of work by three Central PSUs on augmentation of power transmission and distribution infrastructure in Jammu and Kashmir, Union Minister of State for Power R K Singh
Tata Steel Thursday submitted before the NCLAT that the lenders of the debt ridden firm Bhushan Power & Steel permitted rival JSW Steel to change the basic parameters of its bids after submission.
Petrol and diesel prices continued to rise for the second consecutive day in New Delhi and Mumbai after a gap of a day on September 5. While petrol prices rose to Rs 79.99 per litre (up by Rs 0.48 per litre) in the national capital, it increased to Rs 87.39 per litre (up by Rs 0.48 per litre) in Mumbai.
Oil and Natural Gas Corporation Ltd. said in its annual report that India’s largest oil and gas producer may have to share the subsidy burden with the government if crude prices remain at an elevated level.
Union Minister Dharmendra Pradhan on Thursday assured the automobile industry of a steady supply of Bharat Stage-6 (BS-VI) emission norms compliant fuel by 2020.
Union minister Dharmendra Pradhan Thursday said the oil industry will make BS-VI fuel available across India by April 2020 as committed and also assured the auto industry of stability in the country's fuel road map.
The latest CAG report said that due to defective planning and hasty decision making, a financially unviable Metro was introduced in Jaipur city which has not eased the difficulties of the commuters.
The Bombay High Court Thursday asked the Railways why non-passengers are allowed to enter railway stations in Mumbai that already face the problem of overcrowding.
