A reliable, economically competitive and environmentally sustainable electricity system is the cornerstone of a modern society. The Fourth Industrial Revolution is being built on the digital revolution and combines multiple technologies
Wind turbine maker Siemens Gamesa said on Tuesday commodity prices and emerging market volatility would hit profit margins in 2019 as it reported a fall in revenue from last year.
The world’s oil producers and their customers entered a new period of uncertainty Monday as renewed US economic sanctions against Iran took effect. Having withdrawn from the seven-nation deal negotiated under his predecessor
Even as state government promises to provide round the clock power supply, the Lalitpur Power Generation Company Limited (LPGCL) has raised a concern over operation-ability of its 1980 MW power plant following non-paymen
State-run NTPC Monday said Kulamani Biswal has resumed office as director (finance) after the Delhi High Court quashed a power ministry order for his suspension. “Delhi High Court had vide its judgement dated October 3, 2018,
Power Grid Corporation of India on Monday reported a 7.86 per cent year-on-year rise in profit at Rs 2,309.49 crore for the quarter ended September 30.
The government is mulling the sale of crisis-hit Infrastructure Leasing and Financial Services (IL&FS) as one of the options to resolve issues facing it, Corporate Affairs Secretary Injeti Srinivas said Monday. IL&FS
Crude oil prices may show a weakening bias on Monday as the US allowed waiver to eight jurisdictions from Iran sanctions. Brent crude futures, the global benchmark, were at $72.41 per barrel on Monday, down over 0.50 per cent.
The steep rise in international oil prices over the last few months is pinching the government and the people alike. This has not only affected the finances of people and the government, it has also affected the exchange rate of the rupee against international currencies.
Combined stocks at mine pit heads of Coal India and power plants have dwindled to a five-year low of about 31 million tonnes, just enough to supply thermal power plants for 18 days, because the company sold more than it produced under pressure to meet demand.