In what could push consolidation of central public sector enterprises (CPSEs), the government will examine a proposal to merge NHPC with NTPC and combine Power Finance Corporation (PFC), Rural Electrification Corporation (REC) and Indian Renewable Energy Development Agency (IREDA) to create a huge power-financing entity.
To curb the power theft and increase the revenue, the Uttar Pradesh Power Corporation Limited (UPPCL) has taken up the task of installing a whopping one crore pre-paid meters under the Saubhagya scheme.
GMR Energy Ltd has signed a definitive agreement with a consortium of international investor group for divesting its entire stake in Himtal Hydropower Company Pvt Ltd and its associated transmission company Marsyandgi Transmission Company Pvt Ltd, in Nepal.
Jaypee group promoter Manoj Gaur today made a Rs 10,000 crore offer to pay off bank loans and complete the stuck housing projects as part of plans to bring Jaypee Infratech out of bankruptcy, sources said.
The power ministry’s efforts to ease stress in the sector may fall short of expectations because the scheme it has made has more risks than benefits for generators, industry executives say.
Indonesia: Indonesia is targeting annual production of 481 million tonnes of coal this year and next, a mining ministry official said on Monday, as producers of the fuel are struggling to get new heavy equipment and parts.
HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has inaugurated the 200 megawatt (MW) first stage of the 800MW third phase of the Mohammed bin Rashid Al Maktoum Solar Park.
Billionaire Mukesh Ambani-led East-West Pipeline Ltd has sought nearly tripling of the tariff it charges for transporting KG gas from east coast to Gujarat.
SAMIR BHAYANI is busy monitoring work at his bustling yard, where workers have just finished beaching a 43-year-old oil rig from the Sakhalin fields in Russia.
Saudi Arabian Energy Minister Khalid al-Falih said on Monday he was concerned about possible shortages of spare crude oil output capacity, although he believes the market is in better shape after the OPEC-led production cuts that started in 2016.
A planned pipeline connecting Cyprus' Aphrodite gas field to Egypt's liquefied natural gas (LNG) facilities will cost between $800 million and $1 billion, Egyptian Petroleum Minister Tarek El Molla said on Monday.
Plunging Venezuelan crude production; sanctions disrupting Iranian oil exports; Saudi Arabia pushing for even higher prices; North Korea peace talks -- the coming weeks bring an abundance of risks for the oil market.
Saudi Arabia’s non-oil revenue climbed 63 percent in the first quarter of 2018, propelled by improved tax collection as part of a drive to reduce the economy’s reliance on income from oil exports.
The Railways has doffed its cap to its women force, devoting the latest issue of its monthly magazine to female employees and their achievements after dedicating the year to the safety of women.
Railway employees' union has called for a 72-hour relay hunger strike across the country from tomorrow against non-implementation of the provisions of the seventh pay commission and the attempted privatisation of the national transporter.
US-based Hyperloop Transportation Technologies (HTT) today presented a pre-feasibility route study to Andhra Pradesh officials proposing a Hyperloop transport system with a length of 700-800 km from Anantapur in the south to the port town of Visakhapatnam in the north of the state while connecting the new capital Amaravati in the center.
Shares of Reliance Infrastructure (RInfra) today soared over 6 per cent after the company and Astaldi S p A (Italy) in a joint venture bagged Rs 7,000 crore order for construction of the second sea link in Mumbai.
The Indian Railways has always endeavoured to provide a smooth and comfortable travel experience to its passengers. In a move to increase the safety of train operations and reduce the chances of the signal failing, the Indian Railways had tried to implement Artificial Intelligence (AI) in November 2017. You can read more about that here.
Reliance Infrastructure(RInfra) and Astaldi S p A (Italy) in a joint venture have bagged Rs 7,000 crore order for construction of the second sea link in Mumbai.
