No additional levy on use of cards at petrol stations says Petroleum Minister

No additional levy on use  of cards at petrol stations says Petroleum Minister

In what came as a big relief for consumers of petrol and diesel and petrol pump owners, union minister of state (I/C) for Petroleum and Natural Gas, Dharmendra Pradhan said Monday. The All India Petroleum Dealers Association (AIPDA) on Sunday announced that it would not accept payments through credit and debit cards from Monday in protest the banks’ decision to levy additional charge of up to one per cent on such transactions

Innovation & Technology to be the key drivers for IndianOil in coming years,” Director (Refineries), IOC

Safety, Sustainability and Environment Protection shall continue to be a top priority in all our business operations : IndianOil

Innovation & Technology to be the key drivers for IndianOil in coming years,” Director (Refineries), IOC

Team IndianOil is fervently embracing technological advancements in its refineries and building capabilities of its people to be in readiness to seize promising opportunities in the changing energy landscape. Innovation & technology shall be the key drivers for the Corporation in the coming years, said Singh in his New Year address.

Sterlite Power Achieves Financial Closure for Transmission Project

The transmission project will increase power supply by 2,000-3,000 MW to the energy starved region and strengthen the transmission network. The financial closure was achieved by YES BANK by underwriting Project Finance Facility of Rs 800 Crores for a period of 15 years for the project.

Sterlite Power Achieves Financial Closure for Transmission Project

Sterlite Power Transmission Limited (Sterlite Power) has achieved financial closure for its transmission Project that will increase electricity supply to residential, commercial and industrial establishments in parts of Haryana

India’s solar market expected to grow by 90% in 2017

Overall, 2017 will prove to be a bumper year for the solar power sector in India. Total installed capacity is expected to reach 18 GW by the end of the year.

India’s solar market expected to grow by 90% in 2017

With a pipeline of around 14 GW of utility scale projects, about 7.7 GW is expected to be commissioned in the year—a growth of around 90% over 2016. Combined with 1.1 GW of expected rooftop solar capacity, India should add a total of 8.8 GW in 2017, ranking it amongst the top three global markets after China and the USA.

Energy Minister Ibrahim Baylan to chair the IEA’s Ministerial Meeting in 2017

Ministers from the IEA’s 29 member countries, along with two accession and five association countries, gather every two years for the IEA Ministerial Meeting to review and discuss the agency’s priorities and future programmes. This includes reviewing developments across energy markets, discussing strategies to safeguard energy security and to promote cleaner energy technology.

Energy Minister Ibrahim Baylan to chair the IEA’s Ministerial Meeting in 2017

Ibrahim Baylan, Sweden’s Minister for Energy, was named as the chair of the International Energy Agency’s Ministerial meeting, which will be held in Paris in November 2017.

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.

Year End Review 2016 – Ministry Of Petroleum And Natural Gas

While a large number of important policies, activities, decisions and initiatives were undertaken by the Ministry of Petroleum & Natural Gas in last one year, what scored over every other initiative was empowerment of the rural women under the Pradhan Mantri Ujjwala Yojana program of the petroleum ministry where morethan 1.22 crore new LPG connections were released to BPL women.

Year End Review 2016 – Ministry Of Petroleum And Natural Gas

As the year draws to a close, its time to check the promises versus delivery by the important economic ministries of the government.