India’s Essar Oil and Russia’s Rosneft on Friday revealed that Rs 80,000 crore buyout was complete now. Under the purchase deal, Roseft will get Essar oil refinery in Gujarat which is second largest facility in India.
The US-based electric car major Tesla is in discussion with Indian government seeking relief on import duties till a local factory is built here, according to the company’s Chief Executive Elon Musk.
Fitch Ratings today said it has affirmed state-run power producer NTPC’s long-term foreign and local-currency issuer default ratings at ‘BBB-‘.
SoftBank Group is in talks with the Indian government to facilitate the use of renewable energy like solar to charge electric vehicles in the country, a senior executive at the Japanese group’s local unit told Reuters.
Power Minister Piyush Goyal has taken up the challenge to rapidly make Varanasi a 100 per cent clean energy city to steal a march on Germany’s Munich. The German city is scheduled to flaunt the tag by 2025.
A new policy that aims to achieve steel making capacity of 300 million tonnes by 2030 with an additional investment of Rs 10 lakh crore got the Cabinet green light today.
Chhattisgarh successfully auctioned its third limestone block, Kesla-II, on Tuesday.
A structure taller than Dubai’s iconic 163-floor Burj Khalifa with a green boulevard bigger than Mumbai’s Marine Drive will form part of a new eastern waterfront to be developed on a wasteland in the country’s financial capital.
State-run power producer NTPC today said it has commissioned 55 mega watt (MW) of Bhadla Solar Power Project in Rajasthan.
Around two crore poor families have been provided with new LPG connections, taking to 19 crore the total number of families having gas connections in the country, the government told the Rajya Sabha today.