State-run Coal India Ltd , saddled with millions of tonnes of unsold coal, is expected to be the biggest beneficiary of a controversial government decision to more than halve the sales tax on the fuel after a jump in local supplies.
India’s plan to build 10 of its own nuclear reactors does not signal a pivot away from foreign suppliers, but to succeed their projects must be financially sound and based on proven technology, a top official told Reuters.
Energy has been heavily subsidised across the globe. Energy subsidies, however, have exerted an extensive economic burden on many countries
Hindustan Petroleum Corp Ltd is seeking gas oil amid planned maintenance at its 1,80,000 barrels-per-day Bathinda refinery, three industry sources said on Thursday.
Adani Enterprises said it would finalise an investment decision by June for its Carmichael coal project in the northern Australian state of Queensland, which has been delayed due to protests from environmental groups.