On the back of surplus power state, NTPC signs agreement to sell 160 mw power to Nepal from Jan-May 2017

NVVN is the only government company in the power sector engaged in the business of power trading. The power will be supplied through the Muzaffarpur-Dhalkebar transmission line.

On the back of surplus power state, NTPC signs agreement to sell 160 mw power to Nepal from Jan-May 2017

India’s largest power generating company, NTPC Lt’d wholly owned arm—NTPC Vidyut Vyapar Nigam Limited (NVVN) has signed Power Purchase Agreement(PPA) with Nepal Electricity Authority (NEA) for supply of up to 160 MW power for the period January 2017 to May 2017.

Rail line to Nizamabad inching closer to reality

Rail line to Nizamabad inching closer to reality

A diesel-electric multiple unit (DEMU) train between Peddapalli and Morthad is all set to chug on from December 29, indicating that long-awaited Peddapalli-Karimnagar-Nizamabad railway line is expected to be thrown open for commuter and goods trains in the near future.

Govt working with banks, global cos to ramp up PoS machines

The government is working with banks and international companies to ramp up point-of-sale (PoS) machines for cash transactions, Union Minister Piyush Goyal said today. “We are certainly working with the banks and also with the international companies to see how we can ramp up PoS machines,” the Coal and Power Minister said here. He was […]

Crude oil prices to stay at moderate levels while that of natural gas to remain muted in near term: ICRA

These are the results of a study commissioned by Petroleum Federation of India and carried out by ICRA on a comprehensive analysis of the impact of the meltdown of the global oil prices on the Indian Oil and Gas industry.

Crude oil prices to stay at moderate levels while that of natural gas to remain muted in near term: ICRA

Global crude oil prices have declined by ~60% from US$ 112/bbl (Brent) in June 2014 to US$ ~45-50/bbl now (as in May 2016 end) primarily due to the significant increase in supply due to the shale oil boom in the US, demand slowdown in Europe, Japan and China and, the decision of Saudi Arabia to protect market share rather than act as a swing producer of oil.