The Cabinet Committee on Economic Affairs (CCEA) is likely to approve tomorrow the amendments in the Mega Power Policy to push 31 GW stuck projects entailing an investment of Rs 1.5 lakh crore.
Oil and gas exploration and production (E&P) companies in India are seeking to have the natural gas pricing regime revised to allow for the setting of a minimum rate, as a sustained fall in prices is fast eroding the economic viability of operations.
In what may come as a relief to Cairn India and encourage it to increase the pace of investment, the Vedanta group company’s prolific Barmer oil and gas block has been granted an extension of 10 years or economic life of the field
Cabinet approves closure/winding up of CREDA HPCL Biofuel Ltd (CHBL) and IndianOil – CREDA Biofuels Ltd. (ICBL)
The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Narendra Modi on Wednesday approved closure/winding up of CREDA HPCL Biofuel Ltd (CHBL) and IndianOil – Chhattisgarh Renewable Energy Development Agency (CREDA) Biofuels Limited (ICBL).
Power companies that win coal contracts with the Coal India Ltd (CIL) in the forthcoming auctions will have to ensure that they sign long and medium-term contracts for power supply with discoms within two years.
Himachal Pradesh-based SJVN Limited would be constructing the 900 MW Arun-III hydro electric project in Nepal as the Cabinet Committee on Economic Affairs (CCEA)
India is working on a plan for making domestic manufacturing of solar power generation equipment competitive vis-à-vis other countries such as China.
City-based PFH Oil and Gas, promoted by Harsh V Poddar of Poddar group, is in talks with London Stock Exchange (LSE)-listed companies for acquisition to expand its energy business.
Two decades after it got Union cabinet approval, a 60 MW project in Mizoram will see the light of day in June making the hilly state the third power-surplus state in northeast India after Sikkim and Tripura.
CCEA approves award of contract to 31 contract areas (44 fields) of Discovered Small Fields of ONGC and OIL
CCEA approves award of contract to 31 contract areas (44 fields) of
Discovered Small Fields of ONGC and OIL