The proposed daily pricing of transport fuels in India would improve confidence in the sustainability of the market pricing regime as regular smaller changes in currency and crude oil prices should be easier to pass through to customers
The Supreme Court said power companies can’t raise preset tariffs if fuel becomes costlier due to changes in laws overseas, setting aside rulings by regulators and dealing a blow to Tata Power and Adani Power
Taking its second biggest decision since coming to power, the Uttar Pradesh government on Tuesday decided to waive surcharge on electricity dues and gave nod to an agreement with the Centre to ensure 24X7 power supply by October 2018
Solar power tariff has hit a new low at Rs 3.15 levelised tariff in the reverse auction carried out for 250 Megawatt project at Kadapa in Andhra Pradesh.
State gas utility GAIL India Ltd will hire ships on short term to ferry gas from the US after it was forced to scrap a USD 7 billion tender for making vessels in India, Oil Minister Dharmendra Pradhan has said
State-run Rural Electrification Corp (REC) is looking at diversifying from power sector lending to financing equipment manufacturing, energy efficiency schemes, power plants renovation and coal blocks development, chairman PV Ramesh told ET in an exclusive interview. Ramesh said the company is even considering changing its name to suit its diversification plans. He said the company […]
Bengal is set to develop the country’s largest coal mine in Birbhum district, with the Centre allotting the development rights for the Deocha-Pachami coal block to the state under the government route.
Indian Railways is planning to set up 500 Megawatt of solar power generation capacity that will meet the energy needs of more than 8,000 stations across the country going forward.
The credit outlook for India’s oil refining and marketing sector remains stable owing to high capacity utilization of domestic refining companies
India’s Iran oil imports jumped to a record high in 2016/17 topping half-a-million barrels per day (bpd) as refiners boosted purchases after lifting of some Western sanctions against Tehran last year.