The government’s 2.52 per cent stake sale in state-owned miner NMDC saw robust response from investors with the retail portion getting over-subscribed by 5.40 times today.
Coal India Ltd, the country’s largest miner, is set to introduce a new pricing policy for coal which will be linked strictly to quality, a top official today said.
The government today said that the annual production target of state-owned CIL has been kept at 630 million tonnes (MT) for the upcoming fiscal.
Discussions are underway with Westinghouse Electric Company for a “viable project proposal” to set up six nuclear power reactors, the government informed Rajya Sabha today.
The Mumbai Port Trust (MbPT) is planning to open up a slew of citizen-focused facilities being built at a cost of up to Rs 300 crore over the next six months, a top official has said.
Railways has decided to cut down its nearly two year-long recruitment process to just eight to nine months, a senior official said today.
The railways is planning a standardisation of trains in terms of number of coaches so that all trains can run on all routes, Railway Minister Piyush Goyal said here today.
State-owned Oil and Natural Gas Corp (ONGC) has made a significant oil and gas discovery to the west of its prime Mumbai High fields in the Arabian Sea, Oil Minister Dharmendra Pradhan said today.
The second unit of NTPC’s plant at Kudgi in the state has commenced commercial operations, benefiting Karnataka, Tamil Nadu, Telangana, Andhra Pradesh and Kerala.
Seventy years after independence, India is racing to connect thousands of villages with electricity as it looks to accelerate growth whose dividend are distributed to all.