The Centre’s decision to pay over Rs 14,000-crore royalty claimed by Gujarat and Assam from ONGC and Oil India is credit positive for the two state-owned companies, Moody’s Investors Service said today.
India has the potential to become a much larger producer and consumer of natural gas by 2022 when it is expected to surpass China in terms of population, a first of its kind Congressional report on India’s natural gas said.
India and resource-rich Uganda agreed to expand cooperation in the energy sector and training of personnel for space programme and peaceful use of atomic energy.
Indian Oil Corp has offered up to 32,000 tonnes of aviation jet fuel for loading from Paradip in March in an unusual move, a tender document showed on Wednesday
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.