The state government has decided to allow Jindal Steel and Power Ltd (JSPL) power plant to use Jitpur coal block for its 1,600-MW power plant located at Godda.
Development Corporation is likely to benefit from rising prices in international market. The company has been weighed down by falling coal prices since FY12.
Rooftop solar units installed on industrial and corporate establishments by third parties are offering power 30-40% cheaper than the rates offered by the state’s power distribution companies
Demonetisation of old Rs 500 and Rs 1,000 notes has pushed toll payment through electronic mode rather than in cash, something the highways ministry failed to do in the past two years.
India’s road transport and highways minister Nitin Gadkari has a grand plan to decongest Gurgaon with a series of projects worth close to Rs 10,000 crore
New Delhi, Auto LPG is the most effective option for converting the existing pool of petrol-fuelled cars and bikes into more environment-friendly vehicles, an industry body said on Monday.
British oil company BP has acquired Spanish group Repsol’s 3.06 percent stake in the Tangguh liquefied natural gas (LNG) project in Indonesia for $313 million dollars
Going green in its second year of operations, Jaipur Metro has decided to set up rooftop solar panels at eight elevated stations on its 9.25-km-long corridor between Mansarovar and Chandpole.
Govt oil subsidy burden to be within budgetary allocation in FY2017 despite crude price rise; positive for upstream cos: ICRA
With crude oil prices of $50-60 for the balanced months in FY2017, government oil subsidy burden to be around Rs 170-190 billion for FY2017
India’s oil import bill will jump due to rise in crude prices following lower output call by OPEC as well as a steep fall in the rupee, but the oil subsidy burden is unlikely to cross the budget estimate of Rs 17,000-19,000 crore this year, says a report.