In a major step in spreading the use of green energy, India’s first electric vehicle (EV) charging station was started here on Sunday by Indian Oil Corp (IOC), according to the state-run oil marketing company.
Describing Larsen & Toubro’s non-executive Chairman A M Naik as a man with great vision, Reliance Industries Chairman Mukesh Ambani today said he is the first and the “original Make-in-India man”. “My association with Naik goes back to 35 years, when I saw him as a young engineer and that was in 1983-84. At that […]
Union Minister Dharmendra Pradhan asked geo-scientific community to reduce oil and gas import dependency by at least 10%, and ensure energy accessibility as well as affordability for entire spectrum of people to fulfill the vision of Prime Minister Narendra Modi.
State-run oil companies will be able to supply the required quantum of BS-VI petrol and diesel to Delhi from their own refineries by April 2018, although it would require a faster than planned investment in their units, Hindustan PetroleumBSE 0.56 % chairman MK Surana has said.
Indian power company NHPC Ltd could bid for a $2.5 billion hydropower project in Nepal, its chairman told Reuters, after Kathmandu cancelled a deal with China Gezhouba Group Corp.
India’s state oil refiners are planning an aggressive push into natural gas in coming years to meet Prime Minister Narendra Modi’s goal of making the fuel a bigger part of the country’s energy mix.
Prepaid and smart meters are going to get greater thrust from the government as India moves towards the target of achieving universal household electrification as part of the Saubhagya scheme by end of next year.
Coal India is considering raising prices to meet the cost of the 20% wage hike. It last raised prices by 10% in May last year.
Sumant Sinha-led ReNew Power is making a Rs 1,000-crore acquisition of wind power assets of the KC Thapar Group, helping India’s biggest renewable energy player strengthen its position in the rapidly consolidating sector.
The rally in oil prices is a potential game changer for inflation in Asia and will pressure central banks to lift interest rates after years of easy money.