Economic Times
Sterlite Power has secured Rs 2,400 crore funding from REC Power Development and Consultancy Ltd (RECPDCL) for its Beawar transmission project in Raja
1707809468 Companies - 9 months ago
Capital expenditure on developing oil projects is estimated to drop below $3.5 billion in 2030 from around $4.3 billion in 2024. The estimates are bas
1707764970 Companies - 9 months ago
Bharat Petroleum Corporation (BPCL) is reportedly planning to establish a trading desk in Singapore or Dubai to expand its global reach in crude oil a
1707730789 Companies - 9 months ago
Both petrol and diesel sales recorded robust 4-6 per cent increases in the first nine months of 2023-24, fuelled by heightened economic activities in
1707709959 Companies - 9 months ago
The target is in addition to the power firm's capacity of 10,000 MW which is under construction, a senior company official told ET.
1707417649 Companies - 9 months ago
Lenders had pegged Adani Power's latest offer of ₹4,101 crore as the base price for the auction of the thermal power company. They also stipulated t
1707414851 Companies - 9 months ago
Urals oil, Russia's flagship export blend loaded from its western ports, is mostly supplied to Asia due to a European Union embargo on Russian oil, wi
1707401018 Companies - 9 months ago
Total outstanding dues of distribution companies (discoms) were at Rs 1,39,947 crore in June 2022, Power Minister R. K. Singh said in a reply to the L
1707399378 Companies - 9 months ago
Essar’s current output of 0.9 million metric standard cubic meters a day (mmscmd) from Raniganj East block in West Bengal will rise to 2.3-2.4 mmscm
1707394258 Companies - 9 months ago
India is poised to become a major growth story in the energy sector by 2030, Union Petroleum Minister Hardeep Puri said. The oil minister also stated
1707382161 Companies - 9 months ago
India is considering a multi-year oil purchase agreement with Guyana and aims to acquire stakes in the South American nation's exploration areas, acco
1707381907 Companies - 9 months ago
India's fuel consumption rose 8.2% YoY in January to 20.04 million tonnes, driven by strong industrial activity. Diesel sales increased by 3.5% to 7.4
1707380878 Companies - 9 months ago
The Punjab government has finalized the payment of ₹1,426 crore to banks, including IDBI, to acquire the debt-ridden 540-MW GVK Power's Goindwal Sah
1707332533 Companies - 9 months ago
The two countries have been planning to connect their grid to trade power for almost two decades, but the deliberations have picked up pace in the las
1707330835 Companies - 9 months ago
Domestic diesel demand is projected to rise from 1.8 million barrels per day (mbd) in 2023 to 2.3 mbd in 2030, an increase of 4.5% annually, IEA said
1707329086 Companies - 9 months ago
The recent reforms in the sector, including diversification of sources of imports and changes in gas pricing mechanism, ensured that prices of petrol
1707319180 Companies - 9 months ago
Indraprastha Gas Ltd (IGL) announced plans to establish 19 compressed biogas (CBG) plants to integrate with its city gas distribution network. Accordi
1707306782 Companies - 9 months ago
At the event, Seros Energy showcased its comprehensive portfolio, featuring cutting-edge assets and specialised services such as directional drilling,
1707304247 Companies - 9 months ago
The world's third-largest oil importer and consumer is on track to post an oil demand increase of almost 1.2 million barrels per day (bpd), accounting
1707290133 Companies - 9 months ago
Larsen & Toubro announced on Wednesday that its power transmission and distribution business has secured significant orders both in the domestic marke
1707285432 Companies - 9 months ago