The refining capacity in the western part of the country is likely to touch 242 million tonne per annum (mtpa) almost double the capacity of 121.4 mtpa.
IDFC Alternatives, the private equity arm of IDFC Ltd, has bought a 40 megawatt (MW) solar power project in Madhya Pradesh operated by IL&FS Energy, two people aware of the matter said.
The Maharashtra Electricity Regulatory Commission (MERC) has approved Nagpur Municipal Corporation’s (NMC) waste-to-energy plant, and also accorded it ‘Must-Run’ power plant status.
The Competition Commission has dismissed allegations of unfair business practices against state-owned Coal India Ltd (CIL) with regard to sale of coking coal.
The Budget 2018allocation of Rs 24,933 crore for petroleum subsidy may fall short considering the appreciation in crude oil prices and revised target of providing 8 crore Liquified Petroleum Gas (LPG) connections under Pradhan Mantri Ujjwala Yojana (PMUY), experts say.
The Turkish consortium that was to build Turkey’s first nuclear power plant in a joint venture with the Russian atomic energy agency has pulled out of the ambitious project, reports said today.
Finland-based energy company Fortum is working aggressively to implement its plan to i nvest up to Euro 400 million in India.
A tender for 760 MW of grid-connected solar project in the Indian state of Karnataka has attracted bids of as low as INR 2.94 (USD 0.046/EUR 0.037) per kWh, consultancy Mercom Capital reports. The capacity, auctioned by the Karnataka Renewable Energy Development Limited (KREDL), will be installed at 38 taluks in the state. The highest proposed tariff […]
Oil prices dropped by more than 1% on Tuesday, extending falls from the previous session as global financial markets tumbled lower in the wake of one of the biggest intraday fall ever registered on Wall Street.
Essar Ports Limited (EPL), a leading private port terminal operator in India, today reported an 11% increase in overall cargo handling at 9.16 million tonnes (MT) across its Hazira, Vishakapatnam, Salaya and Paradip port terminals for the quarter ended December 31st, 2017, up from 8.26 MT a year ago