In a bid to meet its disinvestment target, the Union Government is set to move a cabinet note for strategic sale of its stake in major public sector enterprises, including the Bharat Petroleum Corp Ltd (BPCL)
Oil prices fell on Thursday, giving up some of the strong gains of the previous session, after an industry report showed US crude stockpiles rose last week, against analyst expectations of a decline. Brent crude was down 18 cents, or 0.3 percent, at $60.52 a barrel by 0040 GMT. On Wednesday, Brent rose 4.2 percent.
Himachal Pradesh on Tuesday signed two pacts for setting up solar power plants with an outlay of Rs 1,000 crore. One pact for Rs 600 crore was signed with Renew Energy Private Ltd for setting up a 150 MW solar plant, which is proposed to commission by 2021
Mumbai-Ahmedabad bullet train project: The National High Speed Rail Corporation Limited (NHSRCL), the company that is executing India’s first bullet train project has sought the nomination of officers, who could be sent to Japan to prepare for certifications required for the high-speed rail project.
British energy giant BP will pay about Rs 7,000 crore for acquiring a 49 per cent stake in Reliance Industries’ fuel retailing network, billionaire Mukesh Ambani said on Monday. Last week, the two firms had announced a new joint venture to set up petrol pumps and retail aviation turbine fuel to airlines in India.
Acme Solar, Adani, and Greenko have topped the list of India’s largest solar power producers by capacity while in the wind energy sector Renew Power, Greenko and Sembcorp top the charts, according to latest data compiled by the International Energy Agency and CEEW. The latest data, compiled in a report “Clean Energy Investment Trends 2019”, […]
After the state distribution company (DISCOM) issued letters to entities and developers to revise tariffs for solar and wind projects which already have power purchase and sale agreements (PPAs and PSAs) in place, the recipients of the letter have declined to comply.
The viability of storing solar power using batteries and using the same power during peak times is increasing due to declining battery prices, said Raj Pratap Singh, Chairman, Uttar Pradesh Electricity Regulatory Commission (UPERC), here.