Indian Oil Corp is willing to buy state-owned GAIL (India) Ltd or Oil India Ltd, the company’s head of finance, A.K.Sharma, said on Monday
ONGC Videsh expects Sudan to clear about $400 million owed to the state-run energy company after the lifting of the U.S. sanctions, its managing director N.K. Verma said on Monday.
Railway officials are working round-the-clock to restore breached rail communications following massive floods in Assam, Bihar and West Bengal in August, with most of the railway lines restored, a railway official said today.
A cut of up to Rs 2.5 per litre in petrol and diesel prices notwithstanding, auto fuel rates in India are about twice the Singapore benchmark with taxes accounting for nearly half the current rates, Moody’s Investors Service said on Friday.
A shift towards a digital economy is natural — that’s the word coming from railway minister Piyush Goyal.
Working on various areas across the railway ecosystem in India can create 10 lakh jobs within a year, Union Minister Piyush Goyal said today.
A sustained energy demand recovery is still absent and the stressed thermal assets are sizeable at about 60 GW, credit rating firm ICRA said today.
Wind power tariff may drop marginally to Rs 3.2 per unit in the second auction for 1 GW capacities scheduled on Wednesday as against Rs 3.46 per unit discovered in the first competitive bidding held earlier this year, an industry source said.
In a series of announcements aimed at pump-priming stressed sectors, the government, this week, announced a ‘Saubhagya’ scheme for the power sector
Prime Minister Narendra Modi, while addressing a gathering recently, stressed on “Power for All” by illustrating a very interesting fact that despite the fact that light bulb was invented by Thomas Edison