State-owned Oil and Natural Gas Corp (ONGC) today said it has bought government’s entire 51.11 per cent stake in oil refiner HPCL for Rs 36,915 crore.
Wind turbine maker Suzlon today said it has bagged a repeat order for 96.60 MW wind energy project from ReNew Power.
State-owned Indian Oil Corp (IOC) today said it has made a technological breakthrough in commissioning a Octomax unit at its Mathura refinery that will help manufacture Euro-VI fuel emission compliant petrol.
Petrol and diesel prices in India are to a “large extent” aligned to international rates, Indian Oil Corp (IOC) Chairman Sanjiv Singh said today, responding to the charges of government meddling in fixing of fuel prices.
The share of Indian Railways in freight movement has been witnessing a drop over a period of time, mainly on account of non-competitive tariff structure, Economic Survey said today.
President Ram Nath Kovind today said the Railways remained the main mode of transport in the country, which is why investment in the sector is continuously being enhanced.
Make in India 2.0 will accord renewed focus on ten champion sectors, including capital goods, auto, defence, pharma and renewable energy to push growth in manufacturing and generate job opportunities, the Economic Survey said today.
State-run Power Finance Corp(PFC) today said it has sanctioned a financial assistance of Rs 1,350.69 crore to Bihar Grid Company for a transmission line project.
There is need to diversify agriculture into energy sector in order to increase farmers’ income and reduce the country’s dependence on petroleum products, Union Minister Nitin Gadkari said today.
Renewable energy has quietly crossed a major landmark as it has started competing directly with thermally generated electricity in the spot market, intensifying competition in the sector.