Monnet Ispat & Energy has become the first stressed company to get resolution plans from prospective bidders. It is among the 12 large corporate loan defaulters referred by the Reserve Bank of India for insolvency proceedings.
National Energy Conservation Day To Be Celebrated On 14th December, 2017 President Of India To Give Away National Energy Conservation Awards And National Painting Competition Prizes
Honble President of India, Shri Ram Nath Kovind, will preside as the Chief Guest over the National Energy Conservation Day celebrations, to be held in New Delhi, on 14th December, 2017. The occasion will also be graced by the presence of Union Minister of State (IC) for Power and New & Renewable Energy, Shri Raj Kumar Singh.
India has proposed USD 1 billion line of credit to promote sea, air and road connectivity projects with ASEAN, Union Minister Nitin Gadkari said today.
Over a year after the world’s largest coal miner, Coal India Ltd (CIL), tried to secure self-sufficiency in obtaining explosives — a key component in scaling up production — the company continues to rely on third-party sources and has spent over Rs 1,609 crore so far in the current financial year.
Union Roads Minister Nitin Gadkari on Saturday said the government will be soon announcing a policy, which calls for 15 per cent blending of methanol in petrol to make it cheaper and also reduce pollution.
Union Roads Minister Nitin Gadkari today said the government will be soon announcing a policy which calls for 15 per cent blending of methanol in petrol to make it cheaper and also reduce pollution.
Indian Railways is notorious for lack of cleanliness and delay in train services. Stains of paan, tobacco and gutkha on platforms, behind schedule trains, throw the Indian Railways off track.
The central government will push for Direct Benefits Transfer (DBT) of electricity subsidy, as with cooking gas, in the states.
In the September quarter, oil marketing companies (OMCs) had benefited from the spike in gross refining margins (GRMs), as well as marketing margins, and inventory gains.
Coal traffic shipments, especially thermal coal, are yet to pick up at major ports. The signs of recovery in coal volumes, which were supposed to begin from the second half of this financial year, are still not in sight.