Economic Times
India’s Union Budget 2024-25 sets the stage for a sustainable energy transformation. Key initiatives include partnerships for nuclear energy advance
The 2024-25 Union Budget announced support for 800 MW coal-based power plants using Advanced Ultra Supercritical (AUSC) technology. Finance Minister N
The Economic Survey 2023-24 highlights coal's continued dominance in India's energy system for the next two decades, with phase-down dependent on impo
Indian Oil Corp aims to triple natural gas sales and increase renewable energy capacity to 31 GW by 2030, while building 5 GWh of lithium-ion battery-
Bharat Petroleum Corp, India's third-largest refiner, anticipates Middle Eastern crude producers to reduce official selling prices due to declining fu
ONGC Videsh will acquire Equinor's 0.615% stake in ACG oil field and 0.737% in BTC pipeline for $60 million, adding to its 2.31% ACG and 2.36% BTC hol
Indian Oil and ONGC led Q1 spending with ₹8,500 crore and ₹8,000 crore, contributing to ₹26,500 crore spent by state oil firms out of a ₹118,5
Toshiba Transmission & Distribution Systems India will invest Rs 500 crore over three years to expand transformer capacity by 1.5 times and meet globa
Consumption of refined products increased 2.6% in June to 20 million metric tonnes (MMT). For the April-June period, the growth was 3.4%, led by 11.4%
The Damodar Valley Corporation (DVC), India's first multipurpose river valley project, will be corporatised, unbundling into at least three entities f
In New Delhi, Hardeep Singh Puri reviewed Indian PSUs' global footprint, including ONGC Videsh Ltd, IOCL, Oil India Ltd, BPRL, GAIL, and Prize Petrole
ICICI Bank had petitioned the court in November 2020 to pursue the recovery of its $1.35 billion lent through its Dubai, Bahrain and Singapore branche
Tata Power plans a robust ₹20,000 crore investment in FY25, aiming to boost renewable energy and expand transmission and distribution. Chairman Nata
The Supreme Court of India has dismissed an appeal by the Ministry of Petroleum and Natural Gas regarding a case involving the development of Ravva oi
NCLT appointed Satish Kumar Gupta as an interim resolution professional for managing the company during pendency of the insolvency. "The corporate deb
Power tariff for different sections of consumers was revised in Tamil Nadu on Monday and this was part of the measures to offset the mounting financia
Oil and Natural Gas Corporation (ONGC) made history as its share price surged past Rs 323 with a 5.18 per cent intraday gain, boosting its market capi
Uttarakhand CM Pushkar Dhami noted 40% hydroelectric capacity use, seeking 21 new hydel projects (2123 MW) approval from Union Minister Khattar, who r
Liquefied natural gas (LNG) operators Petronet LNG, Shell, and Adani-Total are opposing the Petroleum and Natural Gas Regulatory Board (PNGRB)'s propo
The Indian government has increased the windfall tax on domestically produced crude oil to Rs 7,000 per tonne, up from Rs 6,000 per tonne, effective f
