Azure Power one of India’s leading independent solar power producers, announced it has won a 5 MW rooftop solar power project in a bid conducted by New & Renewable Energy Development Corporation of Andhra Pradesh Ltd.
Money Control reported that the government could divest at least 5 % of their stake in Coal India this fiscal year, which could generate about INR 88 billion, Business Standard reports.
Economic Times cited a senior Coal India executive as saying that Coal India will supply 4.65 million tonnes of coal a year for the cement industry for five years through e-auctions starting Tuesday.
Deccan Chronicle reported that the National Highways Authority of India (NHAI) is gearing up to float a tender for commencing the long-pending 262-km of Chennai-Bengaluru Green Expressway.
Times of India reported that the National Highways Authority of India (NHAI) has filed a police complaint against Era Infra Engineering Limited, the firm which was assigned construction of the 134km Bareilly-Sitapur stretch of NH-24, a portion of which caved in on Saturday.
ETEnergyWorld reported that India’s crude oil production is expected to increase by a marginal 1 million tonne over the next 4 years through 2022, the oil ministry has said. This is despite Prime Minister Mr Narendra Modi’s call for reducing the country’s crude oil imports by 10 per cent by 2021-22.
Economic Times quoted coal ministry Mr Piyush Goyal as saying that it has issued directions to Nominated Authority to allocate 27 more mines to sectors including steel and cement.
BMI Research expects coking coal prices to gradually edge lower in the second half of this year. Its expectation from the previous forecast done in March that premium hard coking coal export prices will fall below USD 200 per tonne by mid year,
Web India reported that the 1200 MW NALCO Captive Power Plant which supplies uninterrupted power to its smelter plant has plunged into a crisis due to short supply of coal from coalmines of Mahanadi Coalfield Limited.
Tribune India reported that more than 9 years after it was supposed to be completed, the Kundli-Manesar-Palwal (KMP) Expressway, the 136-km green and smart expressway intended to bypass Delhi on its western border, is set to be completed by August-end.