No more discounts on card payment charges at petrol pumps

No more discounts on card payment charges at petrol pumps

Oil marketing companies (OMCs) are looking to wind down discounts on fuel purchased via electronic means, three people aware of the plans said, more than a month after they trimmed such discounts for fleet customers using loyalty programmes.

India’s renewable energy sector hits a milestone but loses speed

India’s renewable energy sector hits a milestone but loses speed

The capacity created in India’s renewable energy sector may be impressive, but the pace has begun to slacken. Solar capacity installations in the country is at 25,000 megawatts (MW), or one-fourth of the 2022 target of 100,000 MW, according to Mercom India research.

Power Prices Surge To A Record On Higher Demand

Power Prices Surge To A Record On Higher Demand

Electricity spot prices in India surged to a more than eight-year high because of lower quantum of traded power, higher demand amid a retreating monsoon, which has also forced power sellers such as Telangana to turn buyers.

Electricity prices in spot market remain firm

Electricity prices in spot market remain firm

India’s electricity prices remained firm in the spot market due to a raft of reasons such as lower quantum of power being traded, demand increase in the wake of a retreating monsoon, and sellers such as Telangana turning buyers to meet its consumers’ demand.

Adani, JNPT likely to bid for acquiring bankrupt Dighi Port

Adani, JNPT likely to bid for acquiring bankrupt Dighi Port

Adani Ports, India’s largest private sector port operator, and Jawaharlal Nehru Port Trust (JNPT) in Navi Mumbai are likely to bid for Dighi Port, which was declared bankrupt by the National Company Law Tribunal (NCLT) in April, according to two people aware of the matter.

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