Economic uncertainty and a bearish oil demand outlook continue to offset heightened geopolitical risks and keep a lid on oil prices. S&P Global Platts Analytics, however, believes that prices are far from where fundamentals suggest, weighed down by bearish sentiment around the health of the global economy.
With zero-tolerance against corruption, the Power Department in Uttar Pradesh has ordered a special audit of the e-tenders in Bahraich, Balrampur, Shravasti and Gonda. Based on the audit reports of these districts, inquiries will also be ordered into e-tenders of other districts to ensure transparency in working.
Production at Talcher coal fields in the eastern Indian state of Odisha will resume on Tuesday, a company spokesman said, fourteen days after protests over the death of four miners halted production
The Comptroller and Auditor General of India (CAG) has asked state-owned NMDC to factor in market trends while fixing production targets and conduct proper due diligence to the risk factors before embarking on national and international investment ventures.
India’s move to acquire reserves of strategic minerals like lithium and cobalt to power the country’s move into electric vehicles is all set to become a reality with three state-owned metal and mining companies due to ink a joint venture agreement early next month.
Tech Mahindra and Power Ledger, a blockchain-based peer-to-peer electricity trading platform provider have announced a series of technology trials that aim at bringing the benefits of energy microgrid developments to India’s booming urban population, through Microgrid-as-a-Service. Incubated by Tech Mahindra, Microgrid-as-a-Service or MaaS is an integrated platform which helps in creating a disruptive model in the electricity market by enabling […]