Jindal Makes Highest Offer For Bhushan Power
Sajjan Jindal appears to have an advantage over N Chandrasekaran and Sanjeev Gupta in the race to acquire the bankrupt Bhushan Power & Steel.
Trouble Brews For Delhi Power Subsidy Scheme
A proposal in the national tariff policy on direct benefit transfer for subsidy disbursement could create problems for the Delhi government.
Adani Green Energy Says SECI Scraps Its Arm’s 300 MW Awarded Solar Capacities
Adani Green Energy Ltd (AGEL) today said that Solar Energy Corporation of India (SECI) has annulled the tender won by its arm Mahoba Solar (UP) Private Ltd.
India’s Nayara Energy’s July Iran Oil Imports Down 11.3 Pct Y/y- Trade
Iran’s key Indian client Nayara Energy, formerly known as Essar Oil, imported about 135,000 barrels per day (bpd) Iranian oil in July
Coal Scam: Naveen Jindal, Others Summoned As Accused In Money Laundering Case
Industrialist and Congress leader Naveen Jindal along with 14 others was on Tuesday summoned as an accused by a Delhi court for alleged money laundering in a case pertaining to irregularities in allocation of a Jharkhand coal block.
Railways Formalises Its Agreement With Japan In Rail Safety
Railways today formalised an agreement with Japan’s Ministry of Land, Infrastructure, Transport and Tourism (MLIT) for cooperation in improving railway safety in India, a statement from the ministry said.
India Reliance’s July Oil Imports Fell 5.2 Pct From June – Trade
India’s Reliance Industries, owner of the world’s biggest refining complex, imported 5.2 percent less oil in July compared to the previous month, according to data from shipping and industry sources.
After 20 months, Green Buses go off roads as Scania sticks to stand
India’s first Green Bus project launched in the city 20 months ago has come to a halt. Despite request from city MP and union minister Nitin Gadkari, Swedish bus maker Scania stopped operating 25 ethanol-run buses from Monday morning sticking to its termination notice issued to Nagpur Municipal Corporation (NMC).
Conducting study on using CNG-hydrogen mixed fuel: Indian Oil TO SC
Indian Oil Corporation Ltd (IOCL) on Monday told the Supreme Court that it was conducting a study on using mixture of CNG and hydrogen fuel for buses and would take around six months to come out with a “workable result” on it.
US sanctions impact: Iran offers oil to Asia at cheapest rate in 14 years
Iran is selling oil and gas at a discount to Asian customers as it prepares for the return of US sanctions, state news agency IRNA reported on Tuesday. The “informed source” in Iran’s oil ministry did not give details of the discount, but sought to downplay the move as common industry practice.
