Economic Times
NTPC Group, a state-owned power giant, has surpassed the milestone of 76 GW in installed power generation capacity. This achievement follows the commi
India's power demand is expected to rise by 7-8% in Q2 2024 due to robust industrial activity, GDP growth, and above-normal temperatures. The rating a
NTPC Ltd and the Nuclear Power Corporation of India are seeking bids for the Mahi Banswara Rajasthan nuclear power project in the current financial ye
GAIL plans to double its LNG trading volume by 2030, Gupta said, without specifying the current size of its business. "We have expertise in gas. We ha
REC Limited provides Rs 1,869.265 crores term loan to CVPPPL for Kiru Hydro Electric Project on river Chenab. NHPC and JKSPDC joint venture CVPPPL to
"The introduction of ssLNG contracts on IGX aims to address the growing gas demand from industries and CGD (City Gas Distribution) companies that do n
Union Minister Hardeep Singh Puri discussed the global oil market's volatility and its impact on global energy supply stability. Puri emphasized the n
Hindustan Petroleum Corp. Ltd (HPCL) plans to establish an international oil trading desk as part of its Visakh Refinery Modernisation Project. The mo
The International Monetary Fund on Tuesday described an "adverse scenario" in which an escalation of conflict in the Middle East would lead to a 15% j
India's crude oil imports declined by 16% in the fiscal year ending March 31 due to lower global rates, but import dependency hit a new high at 87.7%.
India's power consumption surged by nearly 10% to 70.66 billion units in the first half of April, indicating economic growth and changing consumption
GAIL plans to increase Dabhol LNG terminal capacity to 12 mtpa by 2030 to meet rising gas demand. The government aims for 15% natural gas share by 203
The government had previously raised the windfall tax on petroleum crude to 6,800 rupees per metric ton from 4,900 rupees on April 4.
The government on Saturday directed all gas-based power plants to operate in May and June amid an anticipated increase in demand during the summer mon
India's government has ordered all gas-based power generating stations to operationalize their plants from May 1 to June 30 due to a potential prolong
India has extended a mandate for imported coal-based power plants to operate at full capacity until October 15, in response to anticipated high demand
The move will give a chance for a better valuation for the 1,800-MW project, which saw interest from the likes of Adani Power, Jindal Power and Vedant
Rising oil prices pose inflation risks for India, with a $10/barrel hike potentially increasing consumer prices by 0.2-1.4%. Asian economies, especial
GAIL chairman Sandeep Kumar Gupta said the government should mandate the use of natural gas in refineries and steel making, and make emissions a facto
DIPAM declined the debt resolution plan for KSK Mahanadi Power project by PFC and REC. NCLT paused sale in June 2022. Interested companies were NTPC L
