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
Companies - 5 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
Companies - 5 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
Companies - 5 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
Companies - 5 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.
Companies - 5 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
Companies - 5 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
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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
Companies - 5 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
Companies - 5 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
Companies - 5 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
Companies - 5 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
Companies - 5 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
Companies - 5 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
Companies - 5 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
Companies - 5 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
Companies - 5 months ago
Indraprastha Gas Ltd (IGL) announced plans to establish 19 compressed biogas (CBG) plants to integrate with its city gas distribution network. Accordi
Companies - 5 months ago
At the event, Seros Energy showcased its comprehensive portfolio, featuring cutting-edge assets and specialised services such as directional drilling,
Companies - 5 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
Companies - 5 months ago
Larsen & Toubro announced on Wednesday that its power transmission and distribution business has secured significant orders both in the domestic marke
Companies - 5 months ago

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