The biggest rescue package being stitched together for distressed power plants could see lenders take over three imported coal-fired generation stations of the Tata, Adani and Essar groups, involving an estimated investment of over Rs 40,000 crore, and transfer 100% equity for Re 1 to consumers states, including Gujarat where these plants are located.
As part of its plans to acquire a bigger market share in South India, Schneider Electric, the global specialist in energy management and automation, today unveiled its mobile van campaign here.
Russian gas producer Novatek aims to topple Qatar as the world’s biggest exporter of liquefied natural gas as it gets closer to completing its first LNG project, a top executive said, batting away concerns about U.S. sanctions on the sector.
Tata Power today said its strategic engineering division has won a pilot project order from the home ministry to supply Comprehensive Integrated Border Management System (CIBMS) to Border Security Force (BSF).
Sixty three signatories from civil society organisations, medical professionals and concerned citizens all over India have written to the Minister of Environment Forest and Climate Change, urging implementation of new norms for emission standards and water use of the coal fired thermal power plants.
Union Minister Dharmendra Pradhan today asked the Odisha government to support UNESCO’s plan of developing Chilika lake as World Heritage site.
Tesla Inc is close to an agreement to produce its electric cars in China for the first time and gain better access to the world’s largest auto market,Bloomberg reported, citing people familiar with the matter.
In a bid to increase energy savings by commercial buildings, minister of power, coal, mines and new & renewable energy Piyush Goyal on Monday launched the new Energy Conservation Building code (ECBC) 2017.
Oil prices fell early on Monday, weighed down by high supplies despite an OPEC-led initiative to cut production to tighten the market.
Last Sunday was a decisive one for Toyota Kirloskar Motor. It was the day the GST Council met to review tax rates in a vast swathe of product categories.