Oil and Natural Gas Corp( ONGC) has agreed to pay Rs 8,000 crore as royalty fee to the Gujarat government settling a case which has been pending for over 3 years, reports CNBC-TV18.
Coal imports declined by 21.7 percent to 14.31 million tonnes in January as the power utilities did not lift much fuel due to abundant stock available with them.
The Rs 12,000 crore ‘Chardham’ highway project in Uttarakhand will be completed by the end of 2018 irrespective of which party comes to power in the state, Union minister Nitin Gadkari has assured.
Power Minister Piyush Goyal today said the Environment Ministry is on board to consider extension of December 2017 deadline for coal-based thermal power plants to meet stricter emission norms.
The government today said there is a need for attracting investments and private exploration agencies in regional exploration.
Siemens has won an order worth approximately Rs 101 crore from Delhi Transco. The order includes installing 220/66/33kV Gas Insulated Switchgear (GIS) substation at R.K. Puram, New Delhi.
State-run Power Grid Corp posted a 20 percent jump in standalone net profit at Rs 1,930.02 crore for the third quarter ended December 31, 2016, on the back of higher income
Dinesh K Sarraf, Chairman of the Oil and Natural Gas Corporation (ONGC), said on Thursday that while the state-run firm would continue to invest in gas exploration, it was getting increasingly difficult owing to the “tough” pricing scenario.
The chairman of the country’s largest oil marketing firm believes that the government’s Budget proposal to merge all state-owned energy firms into a consolidated giant will help them enhance their position in the international market.
India’s Bharat Petroleum Corp will shut a 120,000 barrels per day (bpd) crude oil processing unit for about a month from around the end of February or early March for maintenance, its head of refineries said on Friday.