NTPC Ltd, India’s biggest electricity producer, is seeking to buy the central government’s stake in hydro-power producer SJVN Ltd to boost its share of non-fossil fuel generation capacity, according to people with knowledge of the development.
The Union Cabinet’s decision on Wednesday to grant extension to production sharing contracts for 10 blocks will benefit Cairn India Ltd (CIL)
In what may come as a relief to Cairn India and encourage it to increase the pace of investment, the Vedanta group company’s prolific Barmer oil and gas block has been granted an extension of 10 years or economic life of the field
NTPC has withheld its decision to cut power to BSES Yamuna Power Limited (BYPL) in the forthcoming peak summer season after the latter committed to pay part of its dues by month-end.
The steel ministry is considering an advisory group for public sector miner NMDC to rein in any potential price surge in iron ore, sources said.
The Central Bureau of Investigation (CBI) will today file a final report before the Patiala House Court in connection with the coal scam case against Congress leader and industrialist Naveen Jindal besides others.
Revenue Minister Prem Prakash Pandey informed Chhattisgarh Assembly on Thursday that a total of 288.81 hectares of land was acquired in 2001 for NMDC Ltd’s upcoming steel plant at Nagarnar
State-run Indian Oil Corporation Ltd (IOCL), Bharat Petroleum (BPCL) and Hindustan Petroleum (HPCL) have declared a combined special dividend of `4,570 crore following pressure from the government,
Mr Goyal informed the Parliament in a written reply that NTPC Ltd. has raised Rs 2,000 crore through issuance of green masala bonds in overseas market under its USD 4 billion medium term note programme.
India’s largest power generation company, National Thermal Power Corporation (NTPC) Limited plans to achieve 32 GW installed capacity through renewable energy resources by 2032, Union Minister of State (IC) for Power, Coal, Mines New & Renewable Energy and Mines, Piyush Goyal told the Lok Sabha on Thursday.
Shares of Vedanta Limited and Cairn India gained on Indian equity indices after the National Company Law Tribunal (NCLT) on Thursday approved their merger plans.