Petrol price was on Wednesday cut by Rs 2.5 per litre and diesel by Rs 2.25 following the reduction in excise duty on auto fuels.
The Delhi Metro Rail Corporation (DMRC), which had seen its ridership impacted by an increase in fares a few months back, is now under pressure from the Delhi government to not to go for a second phase of tariff increase from October 10.
As world energy markets transform at an unprecedented rate, India is at the forefront of the shift towards profitable renewables given that the country’s solar belt has the potential of 749 GW for power generation.
The operation of Coal India’s Rs 7,700-crore fertiliser plant at Talcher in Odisha has hit a roadblock: Neither the company nor its partners have the technology needed to run it.
Work on the Rs 4,640.88-crore Kiru hydroelectric project on the Chenab river, which flows into Pakistan, would start within two months, a senior government official said.
State-owned Indian Renewable Energy Development Agency (Ireda) became the first Indian financial institution to raise Green Masala bonds overseas.
French companies would create more jobs in India in sectors such as manufacturing, information technology (IT), the industrial internet of things (IoT) and smart city projects, says France’s largest employer federation, Mouvement des Entreprises de France (MEDEF).
Union minister Nitin Gadkari’s ambitious plan of starting a ‘water taxi’ service from the national capital suffered a setback last month when the National Green Tribunal (NGT) sent a notice to the government over the project.
The Asian Development Bank (ADB) has agreed to finance additional power transmission network components with cofinancing from the Asian Infrastructure Investment Bank
The government is making the decision after failing to draw investment from global oil majors in new fields.