Stressed power assets will fetch better value if fuel, discom and regulatory issues are resolved and the extension of deadline mentioned in the Reserve Bank of India circular is available, power secretary Ajay Bhalla told ET’s Sarita C Singh in an interview.
To supply cooking gas to 10 rural districts of Telangana, Petroleum and Natural Gas Regulatory Board (PNGRB) has finalised bids on Tuesday.
Anil Agarwal-led Vedanta is likely to bag as many as 40 oil and gas exploration blocks in India’s maiden open acreage auction, official sources said today. An Empowered Committee of Secretaries (ECS) has cleared award of blocks offered in OALP-1, bidding for which closed on May 2, they said.
The irrigation department will continue to release water from the Pavana dam for hydropower generation in Maharashtra.
Larsen & Toubro (L&T) today said its construction arm has won orders worth Rs 1,296 crore across business segments in the domestic market. L&T said its metallurgical and material handling business has received orders worth Rs 808 crore.
India is planning to set up a liquefied natural gas (LNG) import terminal in Myanmar as it looks to expand energy diplomacy in its neighbourhood, Oil Minister Dharmendra Pradhan said today.
India’s natural gas production is expected to double to 72 billion cubic meter (bcm) in four years through 2022, the oil ministry recently told a Parliamentary panel. The government is currently working on a plan to shift the country towards a gas-based economy.
State-owned miner Coal India Ltd (CIL) has decided to procure mining equipments worth USD two billion through global tender over the next three years to ramp up coal production to meet the growing demand.
India is set to award its first global rail supplies tender to local firms, shunning major foreign bids, as part of its efforts to develop domestic manufacturing, two sources with direct knowledge of the matter said.
The recently established US-India Gas Task Force is designed to help India unleash its own natural gas potential, US Energy Secretary Rick Perry said today.