PTC India, the country’s largest power trader, today posted a 5.9 per cent drop in net profit for the quarter ended June at Rs 61.44 crore on the back of increased volumes of low margin short-term deals.
Most major Asian markets rose on Tuesday following another positive Wall Street lead, with energy firms surging along with oil prices.
Energy Efficiency Services Ltd (EESL), an arm of the power ministry, today announced it has signed Memorandum of Understanding (MoUs) with North Bihar Power Distribution (NBPDCL) and South Bihar Power Distribution Company (SBPDCL) to deploy smart electricity meters in 130 towns and adjacent rural areas covering 1.8 million consumers in the state.
SmartE, a start-up that operates electric vehicle fleet, on Friday has announced the expansion of its operations in New Delhi in partnership with Delhi Metro Rail Corporation (DMRC).
The proposed big bang IPO of India’s largest renewable energy company by capacity ReNew Power backed by Goldman Sachs, may have got delayed, but ET NOW learns that the Sumant Sinha led firm is exploring fresh fund raising options to address its immediate capital requirements.
Over the past year, at least 12 citizens in Jharkhand have reportedly succumbed to hunger caused by a denial of direct benefit transfer (DBT)-linked public distribution system (PDS) rations, social security pensions and Mahatma Gandhi National Rural Employment Guarantee Act (MNREGA) payments.
India’s crude oil production is expected to increase by a marginal 1 million tonne (MT) over the next four years through 2022, the oil ministry has said.
India’s state-owned petroleum explorer Oil and Natural Gas Corporation (ONGC) today reported a 58 per cent jump in net profit for the quarter ended June at Rs 6,144 crore on the back of higher volumes and improved crude price realisation.
Greenhouse gas emissions climbed to all-time highs in 2017, a year in which climate change caused scorching temperatures worldwide and ice to melt at record levels in the Arctic, according to a re
The Allahabad High Court has adjourned the hearing on RBI circular till August 9 giving the banking regulator time to make its submissions.