Economic Times

Coal minister Pralhad Joshi expects power plants to end the financial year with 45 million tonnes of fuel, higher than last year. The overall coal sto
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Power and renewable energy minister RK Singh announced that the power sector is set to receive an investment of approximately ₹17 lakh crore over th
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In its order, MERC said that the present tariff hike is necessitated mainly because there was under-recovery due to staying on tariff as determined in
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The Indian government has extended the Rs 300 per LPG cylinder subsidy to poor women under the Ujjwala Yojana for the next fiscal year, starting April
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The three companies have signed a preliminary agreement with a focus on developing ethane import facilities at Shell’s LNG import terminal at Hazira
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State gas utility GAIL (India) Ltd and oil producer ONGC have signed a tripartite memorandum of understanding (MoU) to explore opportunities for impor
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It is a scheme that aims to provide free electricity to households who opt to install rooftop solar electricity units. The households will be able to
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The biggest state-owned refiner Indian Oil Corp. will likely reduce the amount of crude received under so-called term supply, while Bharat Petroleum C
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Mahanagar Gas Ltd (MGL) has reduced the price of compressed natural gas (CNG) in Mumbai to Rs 73.50/Kg, offering 53% savings compared to petrol and 22
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To meet the projected peak power demand of 250 GW in summer, the power ministry has directed domestic coal-based thermal power plants to blend six per
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Hindustan Petroleum Corp (HPCL) plans to start operating its new Barmer refinery in Rajasthan, India, by December 2022, using mostly Middle East oil.
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The end of MGL's monopoly in Mumbai and VGL's exclusivity in Vadodara could increase competition and affordability for natural gas customers. City gas
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The Indian government has extended the mandate for power producers to import 6% of their coal requirements until June, due to transport constraints an
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The Reserve Bank of India has reportedly urged major state-owned oil refiners, including Indian Oil Corp., Bharat Petroleum Corp., and Hindustan Petro
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Indian private firms, including Adani Power, JSW Group, and Essar Power, have expressed interest in building 10 GW of coal-fired power capacity over t
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Kalpataru Projects International Ltd (KPIL) has received the letter of intent (LoI) from Aramco for carrying out engineering, procurement and construc
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Saudi Arabia, the de facto leader of the Organization of the Petroleum Exporting Countries (OPEC), said it would extend its voluntary cut of 1 million
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Prime Minister Narendra Modi unveiled oil and gas sector projects worth Rs 1.62 lakh crore across India, including those in Bihar's Begusarai district
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From March 1, 2024, the prices of 19 Kg commercial LPG gas cylinders increased by Rs 25 in major metros. In Delhi, the new price is Rs 1795, Mumbai Rs
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Russia diverted LNG cargoes to China via Cape of Good Hope to avoid Houthi attacks in the Red Sea. The Suez canal route is risky, so they are taking a
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