India’s Reliance Industries, owner of the world’s biggest refining complex, imported 8.3 percent more oil in October compared with September, according to data from shipping and industry sources.
India is ready to share its expertise in renewable energy with small island nations, Union Power and New & Renewable Energy Minister R K Singh said Wednesday. “India has chosen the path of sustainable growth and we want
Coal India Ltd’s June quarter results had shown that the fuel producer had started the year well. While two swallows do not a summer make, it’s heartening to note that earnings growth was robust in the second quarter as well.
Tata Power and ICICI Bank backed Resurgent Power has acquired 75.01% stake in Jaiprakash Associates 1980-mw power plant, becoming the first of the nearly dozen stressed power plants proposed to be resolved by lenders outside insolvency court.
The resolution process for Essar Steel’s bankruptcy is getting entangled each coming day. As soon as the Committee of Creditors (CoC) chose Lalshmi Mittal’s ArcelorMittal as Essar Steel buyer, a massive list of 29 operation creditors
Once-bitten-twice-shy JSW Steel has decided to bid for all the distressed large steel and downstream companies in future with the focus on evaluating their worthiness at the final stage.
India’s Nayara Energy, part-owned by Russian oil giant Rosneft, will shut its 400,000-barrels-per-day (bpd) Vadinar refinery on the west coast for about a month from Nov. 21, two sources privy to the plan said on Wednesday.
Massive response to the opportunity of investment in the petrochemical sector has unexpectedly inflated the total value of investment intentions received at the Make in Odisha conclave scheduled to conclude on Thursday.
India’s renewable energy space is turning out to be an attractive domain for foreign investors. In total, this sector has drawn $6.84 billion FDI from April 2000 to June 2018.
India and the US Wednesday pledged to further strengthen economic cooperation and increase engagement in the oil and energy sector with a view to boost bilateral trade.