It is ironic that a decade after the Indo-US nuclear deal that ended India’s nuclear isolation, our indigenous, reliably lowcost nuclear power technology languishes. PM Narendra Modi said, while in New York recently, that while India is not a member of the Nuclear Suppliers Group (NSG)
Crude oil prices rose 0.56 per cent to Rs 3,749 per barrel on Friday as speculators created fresh positions amid positive domestic cues. Analysts said raising of bets by participants kept crude prices higher in futures trade.
Solar policies, subsidies and other incentives for the installation of ground-mounted and rooftop solar systems in Dadra & Nagar Haveli
Dadra & Nagar Haveli is one of the prime industrial hubs of the country. It recorded the highest annual per capita energy consumption in the country amounting to 13,769 units in FY15. This can be attributed to the fact that 97% of the energy consumption of this UT is made by the industrial sector.
The international Credit Rating Agency Moody’s on Thursday warned of downgrading Bharat Petroleum Corporation (BPCL) to Ba1, if the government goes ahead with privatisation by selling its stake to private entity.
The cut in prices of domestically produced gas augurs well for companies such as GAIL as well as natural gas end-users including power, fertilisers and sponge iron companies, as it decreases the cost of manufacturing of urea, petrochemicals and power
This year, the oil market has faced some of the worst supply disruptions in recent times and yet prices remain stuck in the $60s. OPEC’s oil production tumbled the most in 16 years last month after the worst-ever attack on Saudi Arabia’s energy infrastructure temporarily halved its output.
GAIL Group targets 11.44 lk piped cooking gas connections in FY20; PM’s 1 cr target set to be missed
State-owned GAIL India Ltd and its affiliates have set a target to provide 11.44 lakh piped cooking gas connections in the current fiscal as they chase what now looks like a highly improbable target of connecting one crore households with environment-friendly fuel by next year.
Saudi Aramco bought 30,000 tonnes of gasoline from Reliance Industries (RIL) right after the attacks on the former’s units as part of a contingency plan to deal with likely shortages in committed transport-fuel supplies, sources aware of the purchases told ET.
The National Highways Authority of India will soon invite bids for a cumulative 400 km of road stretches as it seeks to raise around Rs 4,000 crore. This will the fourth bundle of toll-operate-transfer (TOT) projects, and the second to be offered in the current financial year.
The Reserve Bank has warned about the risks to debt sustainability of state governments that could arise from losses of Distribution Companies -DISCOMs and from potential invocation of guarantees. Outstanding debt of states have risen over the last five years to 25 per cent of GDP,