The National Company Law Appellate Tribunal on February 4 turned down Tata Steel's request to consider its bid as the 'most legitimate" one for Bhushan Power & Steel.
"The average Market Clearing Price (MCP) at Rs 3.33 per unit registered 4 per cent increase (in January) over Rs 3.20 per unit in same month last year (January 2018)," an IEX statement said.
The recent decision of the ministry of power to procure 2.5 GW from operational coal- based power projects through reverse auction will give some relief to the already stressed thermal assets, a report said.
The interim budget has allocated Rs 3,004.90 crore for development of solar power projects next financial year (2019-20) including both grid-interactive and off-grid and decentralized categories.
North America headquartered EDF Renewables today announced its Indian arm has signed a long-term agreement to develop 300 Megawatt (Mw) of wind project in partnership with the UK-based SITAC Group.
The Uttar Pradesh government’s much publicised one-time settlement (OTS) scheme offering defaulters the facility to get the interest on their bills waived by clearing all pending power dues may end up as a case of much ado about nothing.
The Indian government has issued draft offshore wind energy lease rules for projects that will be developed within the country’s Exclusive Economic Zone (EEZ), proposing areas to be allocated through international competitive bidding only.
State-owned power producer NTPC Ltd (National Thermal Power Corporation Limited) said it would “take up legally” the arbitration tribunal’s order against it to shell out over Rs 2,000-crore to Jindal ITF in interest payments.
Reliance Communications announced on 03 February 2019 that its management will propose a similar Debt Resolution Plan in the National Company Law Tribunal (NCLT) process, as was earlier being pursued outside NCLT.
Series of mega projects of IndianOil and Paradip Port Trust are going to be unveiled on 6th February 2019 at Paradip. Minister for Tribal Affairs, Govt. of India Shri Jual Oram, Minister for Petroleum and Natural Gas and Skill
India’s success story on ‘Ujjwala’ and other policy interventions that have significantly helped expand the usage of LPG as a safe cooking fuel will be a major talking point as delegates from across the globe come together in the
Oil companies are boosting infrastructure to provide liquefied petroleum gas (LPG) to rural areas, M. M. Kutty, Secretary of the Ministry of Petroleum and Natural Gas, said on Monday
Oil prices rose to their highest so far this year on Monday as OPEC-led supply cuts and U.S. sanctions against Venezuela's petroleum industry tightened markets.
Oil held gains near a two-month high after data showed U.S. production growth slowing at a time when OPEC cuts and American sanctions on Venezuela have already eased concerns over a supply glut.
When Russian President Vladimir Putin visited Delhi in December 2014, his camaraderie with Prime Minister Narendra Modi was widely noted. What received less attention were the curiously asymmetric deals that an oil
Natural resources major Vedanta has clarified on Monday that Cairn's investment in Anglo American met all governance standards and was made on an arm's length basis and had been valued by an independent valuer and
Vande Bharat Express damaged again! India’s most awaited Vande Bharat Express, also called Train 18, has fallen prey to miscreants again! Recently, during its trial run, miscreants pelted stones on the new ‘Make in India’ semi high-speed train.
Travelling from Delhi to get better with Indian Railways! The two prominent railway stations of the national capital i.e., the New Delhi railway station and the Old Delhi railway station may undergo some massive renovation over the next few months.
The suburban rail connectivity between Banaswadi and Whitefield has received a boost following the introduction of a special DEMU train on Sunday (3 February), New Indian Express has reported.
Union Budget 2019: As part of the Union Budget 2019, Modi government has allocated Rs 1000 crore to the National Capital Region Transport Corporation (NCRTC), which is responsible for implementing the country’s first Regional Rapid Transit System (RRTS) project.
