The country’s largest ever wind auction of 2,000 MW has received bids ranging from Rs 2.47 to Rs 2.65 per unit, close to the record low ofRs 2.43, from major players in the sector.
Oil prices were stable on Wednesday, supported by healthy economic growth and expectations that a weaker dollar could spur fuel demand.
Australia’s North West Shelf (NWS) Project has taken South Korea’s Korea Gas Corp(KOGAS) into arbitration over a liquefied natural gas (LNG) contract, chief executive of the venture’s operator said on Wednesday, arguing that KOGAS owes NWS money.
Engineers India Ltd (EIL), the engineering consultancy firm under the aegis of the oil ministry, today announced J C Nakra has assumed the charge as the new Chairman and Managing Director (CMD) of the company.
The DBS bank will stop financing ‘dirty-coal’ or low-grade coal projects by the end of this year, but continue to support ventures in emerging markets that uses higher-quality coal, a top bank official has said.
Even though India aspires to sell only electric vehicles by 2030, it still sees gasoline and diesel consumption doubling over that period.
Delhi reported 785 cases of short-delivery of fuel at petrol pumps between April 2014 and December 2017, ranking third among all the states in the number of such cases.
In Davos, Switzerland last month, the World Economic Forum recognized climate change as among the top existential risks facing businesses over the next decade.
Finland-based energy company Fortum is working aggressively to implement its plan to i nvest up to Euro 400 million in India.
Tata Power Delhi Distribution Ltd (TPDDL), the Tata-owned power distributor in Delhi, today announced it has implemented GPS mapping technology and Radio Frequency Identification Detector (RFID) Marker installation for speedy location of faults and their resolution.