It took the better part of a year but the production cut effected by the 14-member cartel, Organisation of Petroleum Exporting Countries (OPEC), in January is beginning to show results.
Nearly a month after dairy giant Amul approached the Indian Railways on its official Twitter handle with a business proposition to use refrigerated parcel vans to transport butter across India, the first shipment is on its way.
State-owned oil refiner Hindustan Petroleum Corp Ltd’s second-quarter net profit more than doubled, but fell short of analysts’ estimates.
The Indian School of Business (ISB) and Shakti Sustainable Energy Foundation have jointly launched the Clean Energy Lab, an incubation programme to support early stage non-profits working on creating policy impacts in clean energy.
Shares of Reliance Infrastructure gained nearly 4 per cent on Thursday as the company has won a Rs. 1,000-crore order from Nuclear Power Corporation of India (NPCI) after it emerged as the lowest bidder for an engineering and construction contract for the Kudankulam plant.
India’s massive effort towards renewable energy has resulted in considerable drop in solar price and the country now believes that the solar power is cheaper than coal without subsidy, US lawmakers have been told.
Gulf Oil Lubricants India Ltd reported a Rs. 40.42-crore net profit for the second quarter of financial year 2017-2018.
Citing a likely negative free cash flow situation due to heavy debt repayments over the next 18 months, global ratings agency Moody’s has lowered the credit outlook on Reliance Industries to ‘stable’ from ‘positive’ but retained the Baa2 ratings its long-term debt.
NLC India has been tasked with covering vacant land of the Railways with solar power generation set-ups.
NLC India has been tasked with the responsibility of the covering all remaining vacant land of the railways with solar power generation set ups. Speaking the World Mining Congress, Minister for Railways and Coal, Piyush Goyal said, “The Railways is going to tie up with NLC and have them put up solar power generation equipment […]