Indian Oil plans to set up a diesel exhaust fluid plant in Bengal at an investment of around Rs 150 crore to support the introduction of Bharat Stage-VI compliant fuel from April 1, 2020. The investment is part of the company’s expansion plans in the state across businesses.
Iran’s foreign minister on Thursday slammed escalating US sanctions imposed on Tehran by the Trump administration as “unacceptable,” even as he insisted that his country is committed to an international nuclear deal that has steadily unraveled amid rising tensions in the Mideast.
European firm fine-tuning the signalling system of East-West Metro will declare the system fit for use only after 1,000 hours of trial, which the company considers necessary to ascertain whether a glitch detected a month ago has been fixed.
The development of a gas pipeline in Bengal — from Kanai Chatta near Digha to Shrirampur in Nadia — could be hit because of lack of clarity on the supply of the fuel from H-Energy Pvt Ltd, a subsidiary of real estate firm Hiranandani Group.
The installation of solar power plants under the grid connected rooftop scheme will start from government buildings in Bihar. The selection of agency for this work has been done and the installation work is expected to start by the end of the current month.
Bids for Bhushan Power & Steel Ltd (BPSL) may top Rs 21,000 crore as JSW Steel, Tata Steel and Liberty House of the UK are all set to make an aggressive pitch to acquire the company under the bankruptcy process.
Eastern India is likely to garner a substantial part of the Rs 70,000-crore investments expected to be made by the winners of the ninth round of city gas distribution bidding. The government is partially funding the construction of the pipeline to boost gas consumption in the region.
A consortium of Indian Oil-Adani Gas on Friday won the bid to supply piped gas in Burdwan, the only city in Bengal in the latest round of bidding for this service to 78 cities.
India plans to set up an LNG terminal in Myanmar as part of New Delhi’s energy diplomacy strategy.The terminal to import super-cooled natural gas will be in addition to similar facilities planned by Indian companies in Bangladesh and Sri Lanka as part of a larger plan of energy connectivity in South Asia.
Naveen Jindal’s Jindal Steel & Power has thrown a spanner to the novel revival plan hatched by Gujarat NRE Coke’s erstwhile promoter Arun Kumar Jagatramka.