Indian Oil Corp (IOC) will invest Rs 70,000 crore to raise its oil refining capacity by about a quarter by 2030 as it takes the lead to meet rising energy needs of the country.
Prime Minister Narendra Modi today met UAE Vice President and Prime Minister Mohammed bin Rashid Al Maktoum and discussed ways to expand bilateral cooperation in trade, defence and people-to-people contacts.
A railway committee has recommended new appraisal systems, bonuses, incentives and a badge of honour to boost employee morale in the national transporter, senior railway officials have said.
Petronet LNG Ltd, India’s biggest importer of gas, and its Japanese partners will invest USD 300 million to set up Sri Lanka’s first liquefied natural gas (LNG) terminal near Colombo, its CEO Prabhat Singh said.
The commerce ministry has rejected Adani Power’s proposal to set up a special economic zone for the power sector in Jharkhand entailing an investment of Rs 15,002 crore as it was inconsistent with the sectoral guidelines, an official said.
State-run power giant NTPC may borrow about Rs 16,000 crore next financial year for adding 6,900 MW of fresh electricity generation capacity by March 2019.
Renewable energy firm Siemens Gamesa today said it has bagged 160MW of solar EPC orders from two customers from Tamil Nadu and Karnataka, respectively.
Oil Minister Dharmendra Pradhan today said IOC and BPCL are both keen to acquire gas utility GAIL India Ltd, which as per the extant policy needs to be split by separating gas transportation business from its marketing unit.
The Tourism Ministry and the IRCTC have enlisted 60 bloggers from 23 countries, including India, as part of a new publicity blitz to write on luxury trains run by the railways and improve their dwindling occupancy rate.
The South Central Railway (SCR) today said it has become the first railway zone in the country to complete 100 per cent LED lighting at all the stations under its jurisdiction.