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.
Tata Power announced that the Company’s generation capacity increased by 5.5% to 13,113 MUs in Q1 FY19 as compared 12,429 MUs in Q1 FY18. The Company, together with all its subsidiaries and jointly controlled entities, has an installed generation capacity of 10,857 MW (as of August 2018).
Seven Indian companies have made it to the latest Fortune 500 list of the world’s biggest corporations in terms of revenue, with state-owned IOC continuing to be the highest ranked Indian firm and Reliance Industries (RIL) jumping 53 places.
An international arbitration tribunal has rejected Indian government’s claim of $1.55 billion against Reliance Industries and its partners for allegedly syphoning gas from deposits they had no right to exploit.
India’s first Rs 7.5 lakh crore company! Mukesh Ambani’s Reliance achieves yet another feat after beating TCS
Reliance Industries Ltd, the Mukesh Ambani-led oil-to-textile-to-telecom conglomerate, became India’s first Rs 7.5 lakh crore company in the stock market history on Tuesday, 31 July 2018.
India’s leading renewable energy project developer, Tata Power, has received approval from its shareholders to raise up to ₹55 billion (~$801.11 million) through the issuance of non-convertible debentures on a private placement basis, reported PTI.
Tata Power Ltd has expressed interest in buying two hydroelectric power projects in Sikkim owned by Asian infrastructure investor Equis Energy, two people aware of the development said.