Electricity production work has been resumed on Nathpa Jhakri dam and Rampur Project after being shut for a day on Sunday due to high levels of silt in river Satluj. The two are part of the country’s biggest underground hydroelectric projects.
The Coal Mines Provident Fund Organisation has decided to invite fresh bids from portfolio managers to handle its investible corpus of Rs 1 lakh crore after its bid opening committee found anomalies in the selection process.
Crude oil prices rose on Monday following a weekend attack on a Saudi oil facility by Yemeni separatists, although price gains were capped by an unusually downbeat OPEC report that stoked concerns about demand growth.
The Telangana State Power Generation Corporation Limited (TSGenco) on Friday got the go-ahead from the Centre to transport coal by road to Bhadradri thermal power plant. As a result, Telangana will have an additional 1,080MW of power at its disposal soon.
Globalisation has led to a rapidly growing demand for energy, which has resulted in an extremely high consumption of power across continents. By 2040, a growing economy like India is expected to consume as much as 15,280 terawatt hour (TWh) of electricity, a requirement that cannot be met through conventional sources of energy.
Oil supply to the al-Haritha electric power station in southern Iraq resumed on Thursday after repairs to a pipeline damaged by an explosion, the oil ministry said on Friday. Pumping had stopped on Wednesday, after an explosion on a dry gas pipeline, the ministry said in a statement.
In a bid to increase participation in India’s ongoing oil and gas bidding rounds held under the Open Acreage Licensing Programme (OALP), the government has now increased the Expression of Interest (EoI) submission cycle to three times in a year from two times earlier,
Lending to coal-fired power plants in India slumped 90 per cent to Rs 6,081 crore in 2018 as against 2017 while the funding for renewable energy projects grew by Rs 1,529 crore to Rs 24,442 crore.
The government’s plan to set up a 7,500 MW solar photo-voltaic power plant at an estimated cost of Rs 45,000 crore in Ladakh, currently the largest investment proposal for the newlycarved Union Territory, may be shifted to a new location over wildlife concerns.
OPEC and U.S. shale producers should reduce crude shipments into an oversupplied market, Continental Resources Chief Executive Harold Hamm said on Tuesday, as Iran sanctions and the U.S.-China trade dispute has roiled the market.