State-owned ONGC Limited is planning to explore as many as 17 shale gas and oil wells in both east and west coasts with an investment of around Rs 700 crore. According to the minutes of a recent meeting of the Expert Appraisal Committee (EAC) of Ministry of Environment and Forests, the PSU sought the ministry’s […]
In a bid to enhance the availability of petroleum products in the Northern and Central parts of the country, the Union Cabinet chaired by the Prime Minister Narendra Modi has given its approval to enhance investment by the state-owned oil PSU–Bharat Petroleum Corporation Limited (BPCL) in Bharat Oman Refineries Limited (BORL). The investment amount could […]
Goyal Achieves A Major Milestone : Distributes 10 Crore Led Bulbs Across India With Annual Savings of Rs 5000 cr to Consumers On Electricity Bills
In a move that will see an annual reduction in consumers electricity bills by Rs 5,195 crore, India’s Power, coal and RE Minister Piyush Goyal achieved a major milestone on April 26 as he achieved distribution of over 10 crore LED bulbs across the country. The distribution of LED bulbs is being done under the […]
Indian public sector giants are likely to examine rupee denominated debt instruments like Masala Bonds to create and develop a new market and identify benchmark prices for these new instruments. The issuances which would be offered by blue chip government companies are expected to help evolve new vistas of funding for the renewable energy space.
Maiden Maritime India Summit draws enthusiastic investor response; 140 agreements signed; Attracts Investments worth Rs 83,000 crore
Team EnergyInfraPost Two days of hectic activity at the first ever Maritime India Summit in Mumbai has resulted in attracting investments worth Rs 82,905 crores. A total of 141 MoUs and Business Agreements were signed by various players in maritime sector including Major Ports, State Maritime Boards and PSUs like Shipping Corporation of India, Cochin Shipyard […]
Train To Run Between And India’s Famous Tourist Destination Agra; Comes With Enhanced Passenger Amenities And Executive Lounge At Agra Cantt; To Run On All Days Of Week Except Friday;
Taking ahead its decision to open up the coal sector for commercial mining, government will this month invite proposals from public sector undertakings for allotment of 16 mines
Taking the bilateral co-operation in the energy sector to new heights, India and Russia have inked a series of deals to work jointly through acquisition and sale of stakes in crucial oil assets.
India’s second big ticket dis-investment in the current fiscal was of state-owned NTPC Ltd—India’s largest thermal power generation company after Indian Oil Corporation (IOC) that happened in August 2015