Power minister R K Singh on Friday directed the state governments to clear dues of power generation companies, a step which he said will boost investor sentiment and attract investments. The minister said that attracting investments is one of the major challenges that is being faced by the sector.
Crude oil prices rose 1.88 per cent to Rs 3,856 per barrel on Friday as speculators created fresh positions amid positive global trends. Analysts said raising of bets by participants kept crude prices higher in futures trade.
Can you guess which is the cleanest railway station in India? According to a survey conducted by the Indian Railways under the ‘Swachh Rail Swachh Bharat’ campaign, Jaipur tops the list. Not far behind are Jodhpur, Durgapura and Jammu Tawi ranking second, third and fourth, respectively.
Crude oil futures fell 0.77 per cent to Rs 3,736 per barrel on Thursday after speculators booked profits at existing levels amid subdued spot demand. Crude oil for delivery in October was trading lower by Rs 29, or 0.77 per cent, to Rs 3,736 per barrel with a business volume of 16,902 lots on the Multi Commodity Exchange (MCX).
India is likely to face heat in the near future due to various emerging fault lines in the Gulf. While Gulf managed to ensure stability amidst the Syrian crisis in particular and Arab Spring in general, recent events in the Gulf cast doubt on the long term stability of the region.
Decks have been cleared for state-owned Engineers India Ltd (EIL) to begin construction of a petrochemical refinery in Mongolia. EIL, a PSU under the Ministry of Petroleum and Natural Gas, is the project management consultant for the development of the oil refinery.
Oil Minister Dharmendra Pradhan will visit Mongolia between October 8 and 9 as a follow-up of the state visit the President of Mongolia to India last month, an official statement said on Sunday.
India on Saturday signed three pacts with Bangladesh, including one for importing liquefied petroleum gas (LPG), with Prime Minister Narendra Modi saying the motto behind such initiatives is to ensure ease of living in both the countries and strengthening bilateral ties.
Policy stability, particularly at the state level, is a must for boosting installation of clean energy capacity in the coming days, a top official of ReNew Power said on Thursday. His comments have come against the background of Andhra Pradesh
The Delhi government recently announced that it would not charge any fee on power bills of up to 200 units, following which Chief Minister Arvind Kejriwal said that Delhi has the cheapest power tariffs in the country.