Amid uncertainty over impending US sanctions against Tehran, Indian Oil Corp (IOC) has booked for import of usual monthly quantity of 0.75-0.8 million tonnes of crude oil from Iran in October but is unsure if the trade would continue thereafter, a senior official said.
Tata power, the largest power generation company in India, on Wednesday inked a pact with the Afghanistan government-owned power distribution company Da Afghanistan Bresha Sherkat (DABS) for distribution, transmission and generation of power in the neighbouring country in coming days.
Emerging markets India and China are driving growth in energy demand and choosing renewables over fossil fuels. Both are already choosing solar and wind over fossil fuels, a new report said on Tuesday.
The income-tax (I-T) department has sold more of Cairn Energy’s shares in mining major Vedanta to recover a part of the Rs 10,247 crore retrospective tax demand, the British firm said Tuesday.
Cairn Energy, a British company, has reported a net half-yearly loss of $500 million and attributed it as a direct result of action of the Indian Income Tax (I-T) Department on the retrospective tax matter, which has now been ongoing for almost five years.
Wind turbine maker Suzlon Tuesday announced a joint venture (JV) with CLP India for two solar projects with of 50 megawatt (MW) and 20 megawatt (MW) in Dhule, Maharashtra.
India’s first mobile solar photovoltaic (PV) testing lab, designed and developed by Mahindra Susten recently completed a milestone 1 GWp of plant testing. Mahindra Susten is part of the $20.7 billion Mahindra Group and one of the largest renewable energy
As part of its corporate social responsibility commitment, Safran Engineering Services India has signed a partnership with the Institute of Electrical and Electronics Engineers (IEEE), the world’s largest technical professional organization for the advancement of technology
Reliance Industries Ltd (RIL) has informed the Delhi high court that the state government’s ACB, investigating the company and others for alleged irregularities in raising the price of gas from KG-6 basin, was asking for documents which do not pertain to the issue.
The Madras high court has granted stay on referring two stressed power projects to NCLT. The court heard the plea of IL&FS seeking extension of deadline to refer its project to NCLT by 60-90 days. “IL&FS matter was heard today and has been listed for tomorrow.