The government plans to come out with an expression of interest (EoI) for a strategic sale in state-owned refiner BPCL by the end of this year after getting cabinet clearance. The privatisation of Air India is also on track and the government hopes to complete the sale of the state-run carrier by March.
The domestic natural gas prices in the country are set to fall around 4.5 per cent to $3.52 per million British thermal units from October following a drop in prices at the global gas hubs. The prices of domestic gas produced were raised by 10 per cent to $3.69 per mBtu from April 1.
An AC Metro train with passengers on board ran its full stretch from Dum Dum to Kavi Subhash (New Garia) with one of its doors wide open on Wednesday morning.
The United States has allowed Iraq to import Iranian gas for its power grid for another three months by extending a waiver to sanctions — but insists that Baghdad seek alternative sources.
The Narendra Modi-government would be keen to push the inclusion of natural gas and aviation turbine fuel (ATF) within the ambit of the goods and services tax to promote the use of green fuel and provide some relief to the airlines.
India has $53 billion stressed debt or non-performing assets in the power sector mostly comprising thermal or coal power plants. While the sector is reeling under NPAs, renewable energy has emerged as a sustainable alternative to thermal power.
Six Jharkhand districts have been included in the Centre’s city gas distribution project, bids for which would be accepted under the 10th round of the process that was introduced to prospective investors on Tuesday at a Ranchi hotel.
Production and dispatch remained largely unaffected at all the 65 mines of Bharat Coking Coal (BCCL), Eastern Coalfields (ECL), SAIL and Tata Steel on the first day of the two-day nationwide general strike sponsored by central
Private wagon manufacturers are upbeat about demand improving with Coal India Limited (CIL) renewing efforts to procure its own wagons.
Over 3 lakh people residing in non-Tata command areas and served by Jharkhand Bijli Vitran Nigam (JBVNL) can expect relief from frequent power cuts, breakdowns and problem of low voltage by April next yea