The government’s plan to create an integrated oil company will likely involve Oil and Natural Gas Corp taking over either Hindustan Petroleum Corp (HPCL) or Bharat Petroleum Corp (BPCL)
Oil minister Dharmendra Pradhan, senior officers of his ministry and executives of state-run oil companies will fan out in almost all the districts of the country over the next 40 days to gauge energy infrastructure
The more than a decade old group captive model is attracting attention as power producers in the country continue to struggle with idle capacities, lack of long-term power purchase agreements (PPA)
As the reserves of India’s only mechanised diamond mine at Panna are depleting, its owner National Mineral Development Corporation (NMDC)
A consortium led by Russian oil major Rosneft plans to finally complete its $12.9 billion acquisition of India’s Essar Oil next month, t
A consortium led by Russian oil major Rosneft plans to finally complete its $12.9 billion acquisition of India’s Essar Oil next month, two Russian sources close to the deal told Reuters.
A government official said the decision to pay the royalty was taken to settle the issue which occurred due to lack of transparency in policies.
The Kerala State Electricity Regulatory Commission (KSERC) has rejected the proposal by a private entity to establish an intrastate power exchange essentially a ‘stock exchange’ for electricity in the state.
To bring debt to a manageable level, Tata Power is looking at three options to raise funds. One option is to sell up to 30 per cent stake in its renewable power firm
The central government will pay two state-owned oil exploration companies’ outstanding liabilities of over R14,715 crore directly to the Gujarat and Assam governments