Two renowned global oil and gas firms, Shell and BP Plc, are in the process of acquiring leading petroleum dealers in Rwanda in two separate deals.
Larsen & Toubro (L&T) today said its construction arm has won orders worth Rs 1,904 crore across business segments in the domestic and international markets. L&T said its power transmission and distribution business has bagged multiple orders worth Rs 1,723 crore.
Larsen & Toubro (L&T) today said its construction arm has won orders worth Rs 1,296 crore across business segments in the domestic market. L&T said its metallurgical and material handling business has received orders worth Rs 808 crore.
The spot power price has continued its slump into yet another month. In July 2018, the recorded spot power price was ₹3.46 (~$0.0505)/kWh but was still higher than recent tariffs quoted in solar auctions. The price in July was seven percent lower than the spot power price of ₹3.73 (~$0.054)/kWh recorded in June 2018.
As the Union government intervenes to pump life into stressed power projects, NTPC is looking forward to being a part of the larger solution, chairman and managing director Gurdeep Singh tells Ateeq Shaikh.
Tata Power’s major source of power generation may soon dry up, as the state government has decided to divert water from its hydropower stations in Pune district towards the Bhima basin which falls in the rainshadow area and is therefore water deficient.
A Madison-based utility says it plans to stop burning coal to generate electricity by 2050 and will reduce carbon emissions 80 percent by then. The utility serves customers in parts of Wisconsin and Iowa.
The Donald Trump administration has urged the Supreme Court (SC) to reverse a lower court order on the Tata Mundra Power Plant in Gujarat funded by a financial wing of the World Bank, arguing that the US-based International Finance Corporation (IFC) enjoys absolute immunity.
India will appeal against a ruling by an international tribunal in favour of Reliance IndustriesNSE 0.19 % Ltd and its international partners in a dispute over gas migration from fields operated by state-owned Oil and Natural Gas Corp Ltd.
Japan-based conglomerate NYK has established a joint venture (JV) with port owner Adani Group to capitalize on the rapid growth in India’s automotive trade.