German companies are keen to invest in Indian railways projects and see a good opportunity in the sector for the next decade or two.
Integral Coach Factory (ICF), a rail manufacturing unit of the Indian Railways, has set its eyes on manufacturing coaches for various metro rail systems.
The European Union and Japan have questioned the preliminary safeguard duties of 70 per cent on imported solar cells recommended by the Directorate General of Safeguards in India, adding to the on-going debate on the appropriateness of the duties.
The finance ministry is not in favour of cutting excise duty on petrol and diesel to provide relief to the common man from spike in their prices but wants states to cut sales tax or VAT on fuel, a senior official said today.
Bharat Petroleum Corp Ltd (BPCL) plans to start a trading office in Singapore in the near future to procure crude for its refineries and trade oil products, its head of refineries, R Ramachandran, said late on Wednesday.
BP and Reliance Industries Limited (RIL) have announced the sanctioning of the ‘Satellite cluster’ project in Block KG-D6.
The renewable energy sector has missed its capacity addition target for the second year in a row.
To meet its energy needs, India has cast its net wide and avoided getting involved in regional rivalries in the Islamic world.
Adani Ports and Special Economic Zone Ltd (APSEZ) has signed a long-term agreement with Indian Oil Corporation Ltd (IOC) to provide liquefied natural gas (LNG) re-gasification services on a use-or-pay basis to the state-run refiner, at its upcoming LNG import terminal at Dhamra in Odisha.
The world has seen oil and gas prices on a roller coaster for much too long and “we need responsible prices to balance the interests of both producer and consumer”, declared Prime Minister Narendra Modi, in his inaugural address at the 16th International Energy Forum.