A three-member arbitration panel has started hearing validity of the government’s demand of USD 1.55 billion as compensation from Reliance Industries for “unfairly” producing ONGC gas.
State-run Indian Renewable Energy Development Agency (IREDA) will sanction Rs 13,000 crore for clean energy projects next fiscal in the country, vying for around 20 per cent of the loan market share.
Hindustan Zinc today said its 15 MW solar projects in Rajasthan will get commissioned this month, and it is also planning to invest Rs 425 crore for 85 MW power plants by next year.
Reliance IndustriesBSE 0.95 % today said it will challenge the Sebi order in the Reliance PetroleumBSE 0.34 % case before the Securities Appellate Tribunal, terming the regulator’s directions as “unjustifiable sanctions”.
Plans to connect Tripura with Bangladesh from three sides: Minister of State for Railways Rajen Gohain
The Railway ministry was exploring the possibility of connecting Tripura with Bangladesh from three sides, Minister of State for Railways, Rajen Gohain, said today.
The Centre has given in principle approval to upgrade 57,500 km of state highways to national highways so as to augment the existing 1.13 lakh km of NHs across the country, Parliament was informed today.
PNC Infratech today said it has emerged as the lowest bidder for NHAI’s two highway projects worth Rs 2,720 crore in Uttar Pradesh and Madhya Pradesh.
The government today approved a Rs 2,029-crore project for widening of Mumbai harbour channel at the Jawaharlal Nehru Port in Mumbai.
Fair trade regulator CCI has concluded that the proposed merger between Dow Chemical Company and DuPont is likely to have an “appreciable adverse impact on competition”.
The Centre has intimated to the West Bengal government that it wants to pick up 74 per cent stake in the proposed Special Purpose Vehicle (SPV) that will develop the Tajpur deep sea port in the state.