The Queensland government today rejected reports that it has offered a “royalties holiday” to Indian energy giant Adani’s 21.7 billion dollar coal mine project in Australia.
Oil companies will have to take a collective hit of about Rs 25,000 crore a year after the roll-out of the goods and services tax since most of their output is outside the ambit of the new system,
Railways Minister Suresh Prabhu is putting in place a short-term plan to increase rail revenue to Rs 2 lakh crore in next two years.
India will soon bar Chinese power companies from projects in the power sector on security concerns after a policy that will define new conditions for foreign firms eyeing the multibillion-dollar market in one of the fastest growing major economies in the world.
Power, coal, renewable energy and mines minister Piyush Goyal welcomed the GST council’s decision to keep coal in the lowest tax slab of 5%.
The 5 per cent GST rate on coal will make electricity more affordable for poor people and farmers, who are already gaining from the fivefold increase in the pace of rural electrification compared to the year before the Narendra Modi government was sworn in, Piyush Goyal, the minister for power, coal, renewable energy and mines, said.
Enough of this drip-feed of trying to slowly whittle away oil inventories. If Opec wants to bring down excess stockpiles, it needs to find its courage when it meets on Thursday, dust off its old playbook and make a big cut as it did in the past.
Hundreds of passengers aboard the Mumbai-bound Lokmanya Tilak AC Special had a providential escape when its 11 coaches derailed near Uttar Pradesh’s Unnao railway station on Sunday, officials said.
The Energy Efficiency Services Ltd (EESL, on Saturday said it would bring investment to the tune of Rs 1,000 crore covering more than 10,000 large government or private buildings in next 2-3 years as part of the Energy Efficient Buildings programme.
The Government of India with an aim to reducing dependence on imported coal and auctioning long-term coal linkages to power companies recently approved a long-awaited coal linkage policy