The Asian spot price for liquefied natural gas (LNG) has dropped to below $5 per million British thermal units (mmBtu) this week as sellers flooded the market with spot cargoes, trade sources said.
India’s crude oil imports jumped 14 per cent to 19.7 Million Tonne (MT) last month. In value terms, the country’s oil import bill rose 18 per cent to $9.8 billion in April, according to data published by the oil ministry.
Considering rising costs of employees, the Joint Electricity Regulatory Commission (JERC) has directed the electricity department to submit a systematic manpower study report with focus on manpower rationalization.
A High-Level Committee (HLC) formed by the government on Tuesday submitted its recommendations to reduce import dependency to Petroleum and Natural Gas Minister Dharmendra Pradhan.
The Punjab State Electricity Regulatory Commission (PSERC) is all set to announce the new power tariff rates across categories soon. The Punjab State Power Corporation Limited (PSPCL), in its annual revenue requirement (ARR) filed with the PSERC
Tangedco’s finances have started looking southwards with the losses mounting to Rs 7,760 crore in 2017-18, a 78% increase compared to the last financial year. This is the first time losses have begun mounting after a steady decline since 2013. They peaked at Rs 13,350 crore.
The Punjab and Haryana high court on Monday questioned the practice of providing free or subsidised electricity to rich farmers in Punjab and Haryana for agricultural pump sets.
Newly established layouts will have to provide 0.5% of the area to the Tamil Nadu Generation and Distribution Corporation Limited (TANGEDCO) to set up electrical infrastructure.
Adani Green Energy and ReNew Power were the only bidders in the latest tranche of Solar Energy Corporation of India’s wind solar hybrid tender for 1,200 MW of capacity that was undersubscribed by 300 MW
India fell far behind Pakistan in new hydropower installed capacity with only 535 megawatt (MW) addition in 2018, as compared to Pakistan’s 2,487 MW, according to a recent report. Out of the top 20 countries