State-run Energy Efficiency Services Ltd (EESL) will soon float another global tender for 10,000 electric vehicles to be deployed across the country for government use, a senior executive has said.
With India likely to receive its first shipment of Liquefied Natural Gas (LNG) from the US next month, US energy secretary Rick Perry is scheduled to hold talks with petroleum minister Dharmendra Pradhan and coal and railways minister Piyush Goyal on March 1 with a focus on crude oil, LNG and cleaner coal technologies.
India is confident of concluding the nuclear deal with reactor-maker Westinghouse Electric very soon as it expects the company to come out of bankruptcy very soon, said Satish Sharma, Chairman and Managing Director (CMD) of Nuclear Power Corporation of India Ltd (NPCIL).
The timing could not have been more bizarre. Less than 24 hours after the curtain came down on the Delhi Auto Expo last Wednesday came the news that the Centre was shelving its grandiose plans of an electric vehicle policy.
Billionaire industrialist Mukesh Ambani today said his firm Reliance Industries Ltd (RIL) and its global partners will set up the country's first integrated digital area in Maharashtra entailing investments of Rs 60,000 crore.
Indian Oil Corp (IOC) will invest Rs 70,000 crore to raise its oil refining capacity by about a quarter by 2030 as it takes the lead to meet rising energy needs of the country.
Iran has offered to raise the freight discount on oil sales to India in return for New Delhi agreeing to boost imports, as the OPEC member is keen to eat into the market share of other producers including top rivals Saudi Arabia and Iraq.
John Energy, backed by ace investor Rakesh Jhunjhunwala, has filed draft papers with markets regulator Sebi to raise an estimated Rs 350 crore through an initial public offering.
India today sought from Iran a stake in a producing oil field and said it will raise crude oil import from Iran in the financial year beginning April, reversing the 25 per cent reduction it had done in the current fiscal.
Prime Minister Narendra Modi on Sunday inaugurated the first phase of the Rs 7,900-crore fourth container terminal at Jawaharlal Nehru Port Trust that is expected to double its handling capacity.
Buoyed by a demand revival, India's 12 major ports witnessed a 4.58 per cent rise in cargo traffic at 561 million tonnes (MT) during April-January of this fiscal, according to ports' body IPA.
The Virgin Group on Sunday signed an "intent agreement" with Maharashtra to build a hyperloop transportation system between Mumbai and Pune, which aims to reduce the travel time between the two mega cities to 20 minutes from the three hours at present.
French development bank AFD has shown interest to fund €100 million (around Rs800 crore) for India’s smart cities mission, a finance ministry official has said.
The Railways will now deliver gold-standard coaches, meant for Rajdhani and Shatabdi trains, to trains "patronised by the poorest of the poor", a note from a meeting of senior railway board officials has said.
