Central security agencies have raised concerns over the mega Rs 82,000 crore takeover of Essar Oil by a Russian consortium citing the proximity of its port to Pakistan and nearby defence assets, according to a government official.
Inox Wind Limited (IWL), which is facing insolvency proceedings over unpaid dues of Rs 57 lakh to its Customs agent, has asked the National Company Law Tribunal (NCLT) to quash the case.
The second round of bidding for discovered small and marginal fields (DSF) in the petroleum sector is set to take place in October.
These are some of the projections made by India’s new draft National Energy Policy (NEP), released by the government’s think tank, Niti Aayog, in June 2017
Gujarat Chief Minister Vijay Rupani today said his government wants to scale up solar power generation in the state.
These are some of the projections made by India’s new draft National Energy Policy (NEP), released by the government’s think tank, Niti Aayog, in June 2017. The policy closed for public comments on July 14, 2017.
One of the leading independent power producers in the country, Hindustan Power has acquired 15 solar power projects in Japan with a combined capacity of 150 Mw.
Hindustan Petroleum Corporation Limited (HPCL) rallied 6% to Rs 382 in intra-day trade, extending its Wednesday’s 5% gain on the BSE, after the media report suggested that the merger of the company with Oil and Natural Gas Corporation (ONGC) is likely to take place soon.
The Nifty50 index rallied over 350 points or nearly 4% in July so far with Reliance Industries contributing most in the gains.
Shares of two Nifty 50 companies, Larsen & Toubro (L&T) and Bharat Petroleum Corporation Limited (BPCL) are trading at their adjusted price of 1:2 bonus shares.