The government is thinking of 360 degree solutions in terms of setting things in order for the infrastructure sector, Railway and Coal Minister Piyush Goyal said on Saturday.
Andhra Pradesh government has on the first day of CII Partnership Summit at Visakhapatnam on Saturday signed 77 memoranda of understandings with several large infrastructure, power and automobile firms for investments worth Rs 31,546 crore to provide jobs to nearly one lakh persons.
India has offered Saudi Arabia a stake in the second phase of the south Asian nation’s yet-to-be-built strategic oil reserves, Oil Minister Dharmendra Pradhan said in New Delhi on Friday.
The consortium of lenders to Bhushan Power & Steel has asked Tata Steel to waive certain conditions in its offer for the company and rejected a late bid by the UK’s Liberty House, people briefed on the matter said.
State refiners expect their profit margins to hold their strength this year as demand growth accelerates for fuel products amid a record $93 billion spent on infrastructure and stable crude oil prices, company executives and analysts said.
Essar Oilfields Services India Ltd announced on Wednesday that it has won a contract worth Rs 28 crore from state-run gas utility GAILBSE 0.04 % India to drill three firm and two optional wells in the Cambay Basin in Gujarat.
The recent massive rise in global crude oil prices has now started inflating the oil import bill for India that meets 80 per cent of its crude requirement through inbound shipments. January’s oil import cost ballooned by a whopping 46 per cent to land at $9.6 billion as against $6.6 billion in the same month last year — the highest monthly increase in the past year.
fter conveying its intent last week to be allowed to participate as a late bidder for Bhushan Power and Steel, UK-based Liberty House has submitted a bid on Tuesday to the resolution professional, said people aware of the matter.
NTPC Ltd will call bids in a month to acquire hydropower plants of upto 1000-mw capacity, its chairman and managing director Gurdeep Singh said on Tuesday.
Energy Efficiency Services Ltd (EESL), which is leading government campaigns for electric vehicles, LED bulbs and smart meters