In a rare move, the government has re-appointed A K Sharma as the Director (Finance) of Indian Oil Corp (IOC). This is a first under the current government at the Centre, where a PSU director has been re-employed in the same position after retirement.
A parliamentary committee wants the railway ministry to create the body it has long promised to, that will, among other things, regulate fares. In its latest report, the Railway Convention Committee of Parliament maintained that since the proposed authority is yet to take a final shape
Indian Railways moving forward! Piyush Goyal-led Indian Railways has been on a record-breaking spree in the last few years, “powering the country for a new India”, Modi government has said.
The state government bought electricity for over Rs14,000 crore from private power producers in the last two years. State energy minister Saurabh Patel said in a written reply in the House that the government had purchased power from five companies
America’s surging shale oil production shows little signs of abating despite industrywide spending cuts, as explorers learn to do more with less. Almost all the independent producers have reduced their budgets for 2019
ReNew Power Limited, India’s largest renewable energy IPP in terms of total energy generation capacity*, today announced that it has secured fresh debt financing of up to USD 350 million from the Overseas Private Investment Corporation (OPIC)
For the first time since the global oil shock of 1973, India’s faltering steps towards energy security have given way to a holistic oil diplomacy that lays stress on personal chemistry, combining it with trade-offs and a strategic vision.
NHPC and Neyveli Lignite Corporation (NLC) have signed a power trading agreement to trade surplus power. A company statement said, “As per the Memorandum of Understanding, NHPC will offer surplus power available with the northern and north-eastern region to NLC India Ltd,
China and the US may be the largest producers of coal power, but power plants in India take the highest toll in the world when it comes to health, a global study claims. Coal-fired power plants produce more than just carbon dioxide, which contributes to global warming,
Tata Sons chairman N Chandrasekaran has initiated plans to shrink over 1,000-odd subsidiaries owned by the Tata Group’s operating companies to a manageable number.