Manish Vaid Analyses if PSUs oil merger offer synergy in energy? Says that ‘few business marriages are made in heaven’ and compatibility of merging companies should always be the driving force of any mergers. It is only then one can imagine synergy in energy in any M&A propositions
NTPC mainly produces power from coal but also has hydro, solar and wind power projects. Adding coal production in its business, it has successfully become an integrated energy company with interests diversified across the fuel value chain and in line with global standards.
India’s largest thermal power generation company, NTPC Limited is now an integrated power and coal producing firm. NTPC on Thursday flagged off the first consignment of coal from its Pakri Barwadih coal mine in Jharkhand to the company’s Barh power project in Bihar. The Pakri Barwadih coal mine has estimated mining capacity of 15 Million Tons Per Annum (MTPA) and has been allotted to NTPC as basket mine to meet the fuel shortfall of its power stations.
Shri K.K.Sharma, Director (Operations), NTPC has been awarded for his outstanding contribution in the field of Fuel Science by Shri Harsh Vardhan
Chandrasekaran joined TCS in 1987 after completing his master’s in computer applications from Regional Engineering College, Trichy, Tamil Nadu, India. Under his leadership, TCS has become the largest private sector employer in India with the highest retention rate in a globally competitive industry.
Team EnergyInfraPost India’s largest integrated power company, Tata Power on Friday announced the appointment of Natarajan Chandrasekaran as the Chairman and Additional Director of the company from February 11. After making TCS as the world’s most powerful brand in IT services, Chandrasekaran has now been given additional charge of Tata Power and take it to new […]
Union Budget Has Given MSMEs Engaged In Power, RE, Coal and Mines An Competitive Edge : Piyush Goyal
Union Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines, Piyush Goyal said on Thursday that the Micro, Small & Medium Enterprises (MSMEs) have been made competitive with the announcement in the Budget 2017 over reduction of Corporate Tax to 25% up to turnover of Rs. 50 crores.
The two new strategic oil facilities announced at Odisha and Rajasthan are in addition to the three facilities that already exist in the country as underground storages in rock caverns at Visakhapatnam (1.33 million tonnes), Mangalore (1.5 MT) and Padur (2.5 MT).
Union petroleum minister Dharmendra Pradhan said the move to create two new strategic oil storage will enhance India’s energy security “taking our strategic reserve capacity to 15.33 MMT.” This, he said, will increase India’s oil storage capacity to meet the consumption requirement of about 90 days which is at par with the international benchmarks.
Key Features Of Budget 2017-2018
Sheikh Mohammed bin Zayed Al Nahyan is also India’s chief guest at the Republic Day Parade.
India and UAE on Wednesday inked as many as 14 strategic co-operation Memorandum of Understandings (MoUs)in the fields of defence, energy, trade and investment, information technology, and maritime security.
The pact assumes immense significance for an oil importing nation like India and one that feeds 80% of its crude oil needs through imports. The underground strategic storages have been built at different locations across India and filling half of the oil storage facility at Mangalore amounts to 10 days of India's average oil demand (or about 37 million barrels of crude oil).
In what will help towards India’s energy security goals besides building a strong bond with the United Arab Emirates (UAE), India on Wednesday inked a significant pact with the energy rich Gulf nation on oil storage and management.
Nalco takes up total replacement of all lights with LED lights in Jagannath temple to save energy and cost
Nalco takes up total replacement of all lights with LED lights in Jagannath temple to save energy and cost #SwachhBharat #UJALA