State-owned thermal power plants in Gujarat that use coal as fuel, last year, recorded a plant load factor (PLF) of a mere 41 per cent.
While visiting Houstan to participate in the annual CERA week- International Conference on Oil and Gas, Minister of State for Petroleum and Natural Gas Dharmendra Pradhan
Several banks are still imposing the transaction fee on consumers paying by debit card for fuel despite a clear instruction from the government not to do so.
Coal India (CIL), the monopoly producer of the fuel in India, will hire about 4,800 business graduates over the next five years as it seeks to cement its global leadership status while scouting clean-energy revenue options.
According to media reports, an ISRO professor said that all of Indias energy need will soon be satiated by the moon. India will have to mine Helium 3 from the moon first though.
The last five years have seen an increased interest in the domestic solar energy sector. The government is promoting existing policies, introducing new policies and enabling more concessions
State-owned fuel retailers are planning to approach the government to compensate them for their losses while giving a 0.75% discount for cashless payments, two people aware of the matter said.
Oil prices rose on Wednesday with a weaker dollar underpinning the market, although gains were limited by expectations that U.S. producers would boost output.
Diesel demand in India might drop in the first quarter as a government decision to abolish high-value currency bills is expected to hurt small businesses, analysts said.
Fuel demand growth is expected to slow by as much as 40 per cent in 2017 from last year as a government-induced cash shortage hurts businesses, industry and car sales.