Sate-owned hydro power generator NHPC Ltd today announced it has issued secured, redeemable, non-cumulative, non-convertible, taxable X Series bonds on private placement basis with an issue size of Rs 1,500 crore.
Ruia brothers-owned Essar Oil and Gas Exploration and Production (EOGEPL) is planning to exploit prospective 7.7 Trillion Cubic Feet (Tcf) of shale resources from its flagship Raniganj East block at a cost of $1 billion, Chief Executive Officer Vilas Tawde told ETEnergyworld.
While there is no respite on prices of coal, considering transportation cost from mines to Nashik Thermal Power Station (NTPS), extensive work on managing the cost of auxiliary inputs has helped the administration to bring down the cost of electricity generation. Umakant Nikhare, chief engineer, NTPS, Mahagenco,
The Expert Appraisal Committee under the Environment Ministry has given “green signal” to Indian Oil Corporation Ltd for setting up a grass root petroleum storage and distribution terminal in Telangana.
Dabhol power plant, which is once again mired in controversy, was instrumental in providing cheaper power to the railways, which resulted in annual savings of Rs 1,000 crore, say sources.
The state government is planning to run the secretariat on solar power, replacing the conventional system, to make one of Odisha’s biggest public buildings energy efficient.
A study conducted by a Delhi-based think tank has found that only 39 per cent of the households in Uttar Pradesh are metered, billed, and pay their electricity dues.
Indian gas importer Petronet LNG on Thursday signed an initial agreement with Tellurian Inc to invest in its proposed Driftwood project in Louisiana in the United States and buy liquefied natural gas (LNG), Tellurian said in a statement.
R Venkataramanan, embroiled in a tax row over his remuneration and under the scanner of the investigating agencies, stepped down as managing trustee of the Tata Trusts.
SunPower Corp is seeking a strategic partner for its solar panel manufacturing business, an arrangement that could allow it to expand the U.S. factory it acquired last year, Chief Executive Tom Werner said on Wednesday.