Five central oil PSUs – IOCL, ONGC, GAIL, OIL and NRL – today signed a joint venture agreement for executing the North-East Natural Gas Pipeline Grid as a step towards the Urja Ganga Gas Pipeline Project, a NRL statement said here.
Delhi Power Minister Satyendar Jain today raised an alarm over the shortage of coal at the Dadri power plant and sought the Centre’s help to tide over the crisis.
The Indian Railways’ Carriage and Wagon Works here has signed a pact to recycle around 3,000 tonnes of non-hazardous “incinerable” scrap generated every year from its workshop.
Macro indicators have only become riskier relative to a few months ago and one can’t pretend that higher oil prices won’t stoke inflation in India, according to Chief Economic Advisor Arvind Subramanian.
Led by India, South Asia will continue to be the fastest growing economic area despite new trade tensions in Asia and Pacific region, Asian Development Bank (ADB) said in a new report today.
Godawari Power & Ispat today said it has been awarded 1,15,900 metric tonne (MT) of long-term coal linkage to be used in its sponge iron unit in the recent auction of Coal India. With this, the aggregate quantity of coal supply for the company’s sponge iron division shall be 4,95,000 MT, it said in a BSE filing.
Prime Minister Narendra Modi today blamed earlier governments, particularly then Congress President Sonia Gandhi, for not fulfilling the promise of electrifying all households by 2009.
The Modi-government’s next flagship infrastructure project, Delhi-Mumbai expressway, has taken the centre stage at National Highways Authority of India (NHAI) with officials gearing up to award the entire stretch by March 2019.
L&T Hydrocarbon Engineering has bagged an onshore EPC contract from HPCL-Mittal Energy for setting up cracker furnaces at their Bathinda Refinery in Punjab.
India’s growth remains “quite robust” into the future, the IMF has said despite slightly downgrading the country’s growth projection for 2018-19 due to high oil prices and a tight monetary policy regime.