Moody’s Investors Service on Wednesday said it has assigned a ‘Baa1’ rating to the proposed senior unsecured notes to be issued by Oil and Natural Gas Corp under its $2 billion medium-term note program. The outlook on the rating is negative, Moody’s said in a statement.
The National Thermal Power Corporation (NTPC) has floated an operation and maintenance (O&M) tender for a 15 MW solar power project installed at Jayant, Singrauli in Madhya Pradesh.
Wind-turbine maker Suzlon Energy on Wednesday said the company is working on a resolution plan and lenders have time till January next year to work on a sustainable resolution plan before taking any extreme steps.
Central public sector undertakings (PSUs) will acquire more than two lakh hectares to set up 47,000 mw of green power units under a new plug-and-play model, aimed at accelerating solar capacity expansion by derisking projects from land acquisition and availability of transmission corridors as well as reduce tariffs by up to 20 paise per unit.
Every drop of freshwater contains thousands of different organic molecules that have previously gone unnoticed. By measuring the diversity of these molecules and how they interact with the environment around them
The Delhi High Court has sought a response from the Centre and the AAP government on a plea claiming that piped gas and power meters in the city are installed in violation of the Legal Metrology Act.
Union Minister Prakash Javadekar on Tuesday said that about 2.85 lakh buyers of electric/hybrid vehicles have been supported by a subsidy of Rs 360 crore under the FAME India Scheme.
The Andhra Pradesh State Road Transport Corporation (APSRTC) has dropped the move to introduce 350 electric buses. On the directions of the state Chief Minister Y S Jagan Mohan Reddy, the APSRTC cancelled its tender floated in September seeking to deploy the electric buses.
After a rise for six consecutive days, the petrol prices did not show any increase on Wednesday and the diesel rates also remained static as the Brent crude oil rates dropped in the international market.
Oil prices were steady on Wednesday, after falling the past two days, as a surge in U.S. stockpiles reinforced concerns about lacklustre global economic growth amid the trade war between the United States and China, the world’s two biggest oil consumers.