The government’s attempt to sell its entire 51% stake in helicopter company Pawan Hans has received a setback, with the deal failing to attract enough bidders. Now, a rebidding is on the cards.
With Coal India prioritising availability of thermal coal to the power plants by streamlining its road and rail supply networks, its plans of acquiring a 20-25 per cent stake in an Australian firm, which could have ensured steady procurement of coking coal, has been put on the backburner.
Public sector IDBI Bank today said it has sold its entire 30 per cent stake in NSDL e-Governance Infrastructure Ltd for an undisclosed amount.
Energy Transition Committee (ETC), in a report last year suggested India not to make any new investment in the coal sector. ETC is now willing to work with policymakers and redesign policies, which traditionally have been ‘coal-centric’.
Despite Tamil Nadu slipping temporarily to the third position in terms of India’s commissioned solar infrastructure, and its wind farms reaching their end of life, the state could account for 67 per cent of the total installed capacity and 56 per cent of generation from zero-emission technologies, says a report by the Institute for Energy […]
Indian resources conglomerate Adani Enterprises Ltd is looking to buy mines in countries such as Indonesia, a company executive told Reuters on Wednesday, despite its struggles to develop a controversial coal project in Australia.
State-run GAIL (India) has won a contract for buying coal-bed methane (CBM) gas produced from Essar Oil’s Raniganj block in West Bengal.
Iranian President Hassan Rouhani will be on a three-day visit to India from Thursday. Bilateral talks are likely to focus on the progress on the Chabahar port of Iran that New Delhi is helping to develop, bilateral trade — particularly the issue of Indian investment in Iran’s Farzad-B gas field and oil imports, and mutual regional security concerns.
Union minister Piyush Goyal today said state-owned NLC India plans to aggressively bid for Indian railways’ solar projects.
Coal-based power plants are feeling the heat of spike in thermal grade coal prices and railway freight costs.