Determined to survive profitably in a future of low prices and difficult-to-find oil, ONGC plans to tap Big Data to cut its operating costs following example of big international players.
Addressing Debt Under UDAY : ACS-ARR Gaps Come Down By Almost 14 Paise Per Unit And AT&C Losses Reduce By Almost 1% in FY 17
The process of States taking over the targeted debts and issuing them as SDL Bonds has now been completed. According to MoP, as of now, the participating DISCOMs have to issue Bonds worth approximately Rs. 37,000 crores, which would be done in due course.
Power ministry’s flagship scheme, Ujwal DISCOM Assurance Yojana (UDAY) was launched in November, 2015 and has completed more than one year of operation .
What will the energy industry look like in 2050? It seems far away, in fact it’s 33 years away. But 2017 was an equally distant future 33 years ago.
In 1984, I had just finished my undergraduate degree in a world of mainframe computers, where a digital watch with a calculator was the latest gadget.
Indraprastha Gas Ltd (IGL) has got the licence from the Haryana government to set up 10 CNG stations and cater to 10,000 piped natural gas (PNG) users in Gurgaon, which is expected to generate annual revenue of Rs 150 crore for the city gas distribution company.
ONGC is committed to reduce the import burden of oil and gas by 10 per cent, as exhorted by Prime Minister Narendra Modi, said a senior ONGC official.
The government has slapped additional penalty of USD 264 million (about Rs 1,700 crore) on RIL and its partners for producing less than the targeted natural gas from the KG basin block in 2015-16.
Although the market is cheering revival of Chinese coal demand in the short term, how long the rally will hold is anybody’s guess.
As India promotes domestic usage of coal to cut dependence on imports, China’s imports are on the rise in a contrasting trend. But a billion dollar question is, will China be able to pick up the slack left by India in the world coal demand?
Kolkata-headquartered Simplex Infrastructures may bag the contract to build the 7.5-km Metro corridor and five stations between Gottigere and Swagath Road Cross on Bannerghatta Road as it has quoted the lowest bid.
Taking their cues from a slowing growth in the Chinese refining sector and rising shale output in the US, the global oil market slightly weakened on Monday.
Tata Power’s consolidated profit after tax (PAT) more than doubled in the quarter ended June on the back of strong performance of its coal and renewable energy businesses.