Nearly 25 years after ONGC’s prime discovered oilfields were privatised, the government is planning to allow private firms to take majority stake in the state-owned firm’s producing oil and gas fields such as Mumbai High.
ABB is buying General Electric’s industrial solutions business for $2.6 billion, with an eye on competing with top player Schneider Electric in the U.S. market share for circuit breakers, switchgear and other low-voltage electrical equipment, as well as specialized lighting control and power supply equipment for data centers, hospitals and other critical facilities.
Reliance Industries chairman, Mukesh Ambani on Wednesday said that the Indian economy in another 10 years would rank among top three economies of the world.
Having generated electricity for 43 years to meet the power demand of Punjab, the Guru Nanak Dev Thermal Plant Bathinda today generated its last unit at 8:39 am before being shut down forever.
Union Minister Piyush Goyal on Wednesday refuted claims of Yashwant Sinha that Indian economy is on downward spiral.
The government today said power will not be provided free of cost to any category of consumer under the recently launched Saubhagya scheme, which aims to provide electricity to all.
Evaporation from the lakes and reservoirs in the US could generate nearly 70 per cent of the power that the country currently produces, a study has found.
The delay in commissioning of Jammu and Kashmir’s first waste-to-energy plant in Srinagar has miffed the National Green Tribunal which has warned the state government of slapping an exemplary cost for taking “unjustifiable” adjournments in the matter.
Shares of oil marketing companies (OMCs) and aviation firms have declined this month as oil prices rallied which could dent their margins.
Prime Minister Narendra Modi, while addressing a gathering recently, stressed on “Power for All” by illustrating a very interesting fact that despite the fact that light bulb was invented by Thomas Edison