The World Bank has just released a seminal report on the Indian power sector highlighting crucial findings on distortions. In an exclusive interview with Sudheer Pal Singh, the report’s author, Fan Zhang
The city is all set to get 600 more fuel stations in addition to 600 outlets already operating. The state of Telanganawill get 3,000 more bunks, adding to its kitty of 5,000 petrol pumps.
PM Narendra Modi did well to call major oil suppliers to New Delhi, to impress upon them the problem ever-rising oil prices foist on India, the world’s third-largest consumer of oil, and to seek a change in payment terms that would alleviate the pressure on the rupee.
State-run Indian Oil Corp (IOC), Bharat Petroleum Corp Ltd (BPCL) and private sector Adani Gas have emerged as the major winners of city gas distribution (CGD) licences, according to bid results of 84 cities released by the petroleum regulator PNGRB on Monday.
Asian spot liquefied natural gas (LNG) prices rose for the second straight week to their highest in over two months, buoyed by stable demand ahead of winter and as some producers curbed supply due to maintenance or disruption at plants.
An inter-ministerial panel has finalised the roadmap for the second phase of FAME India scheme with an outlay of around Rs 5,500 crore spanning over five years and subsidy support for all types of electric vehicles, official sources said.
The Cochin International Airport Limited (CIAL) has suffered an estimated loss of over Rs 220 crores in the floods, an official said here today.
As Opec oil ministers prepared to meet in Vienna later this week, President Trump fired another twitter-shot across their bows. But it is his decision to slap sanctions back on Iran that is the real driving force behind the rising price of oil.
A Mumbai-based company having 20 years experience in solid waste management has shown interest in treating waste from Belagavi and generate power out of it.
Executives from oil majors were set to gather in Rio de Janeiro on Thursday to compete for stakes in Brazil’s pre-salt oil play, home to some of the world’s most alluring offshore geology, as rising oil prices boost appetite for expensive offshore projects.