Economic Times
Union Petroleum Minister Hardeep Singh Puri reassured there is no global crude oil shortage, emphasising India's sufficient refining capacity. Amid Mi
1730195766 Companies - 2 weeks ago
A consortium of Mahagenco and NTPC has emerged as the leading bidder, at ₹3,800 crore, to take over the 1,350 MW Sinnar Thermal Power plant. The pla
1730142804 Companies - 2 weeks ago
The Centre has directed power distribution companies to follow uniform accounting practices to avoid financial misreporting. This move aims to curb th
1730142008 Companies - 2 weeks ago
Tata Power has acquired a 40% stake in Bhutan-based Khorlochhu Hydro Power Limited for Rs 830 crore. The acquisition was finalized with Druk Green Pow
1730141417 Companies - 2 weeks ago
Bharat Petroleum Corp's intake of Russian oil dropped to 34% in the July-September quarter due to maintenance at its Bina and Kochi refineries. BPCL h
1730110616 Companies - 2 weeks ago
India's power sector faces a 30% shortage of CRGO steel crucial for transformers and electric motors, with domestic production meeting only 10-12% of
1730108622 Companies - 2 weeks ago
A panel has recommended that the ONGC Chairman should also head its subsidiary HPCL to ensure cohesive corporate governance. Despite ONGC's acquisitio
1730012465 Companies - 3 weeks ago
Oil prices are forecasted to decrease as Israel's targeted strikes in Iran over the weekend avoided disrupting Tehran's oil and nuclear infrastructure
1730001172 Companies - 3 weeks ago
India's oil demand is expected to rise by 3.5-4% in Q4 2024 due to festive activities, agricultural needs, and election-related transportation. Despit
1729931406 Companies - 3 weeks ago
Big energy companies argue that the rising electricity demand from data centers can drive investment in clean energy, despite skepticism. They claim t
1729884797 Companies - 3 weeks ago
Bangladesh is set to receive 40 megawatts of power from Nepal via the Indian grid. The agreement aligns with India’s revised cross-border electricit
1729876028 Companies - 3 weeks ago
Adani Group's ambitious Rs 12,500 crore bid for KSK Mahanadi Power spurs other bidders to increase their offers, potentially leading to a full recover
1729874601 Companies - 3 weeks ago
The Ministry of Petroleum and Natural Gas (MoPNG) is seeking to restructure and enhance its policy-making effectiveness for future energy sector chall
1729868464 Companies - 3 weeks ago
Kenya's high court has suspended a $736 million deal between state utility KETRACO and India's Adani Energy Solutions. The Law Society of Kenya challe
1729865444 Companies - 3 weeks ago
HPCL invested Rs. 3,771 crore in Q2FY25 to boost its refining and marketing infrastructure. The total investments for April-September 2024 amount to R
1729850800 Companies - 3 weeks ago
India's Reliance Industries Ltd is moving most of its Dubai crude oil trading team back to Mumbai due to securing long-term oil supplies from Russia a
1729841819 Companies - 3 weeks ago
Power Trust increased its offer for Hiranmaye Energy after Damodar Valley Corporation (DVC) emerged as the top bidder with a Rs 1,500 crore offer. Hir
1729836402 Companies - 3 weeks ago
India's Minister of Petroleum and Natural Gas, Hardeep Singh Puri, expressed optimism that global oil prices will decrease despite ongoing geopolitica
1729584160 Companies - 3 weeks ago
The Asian Development Bank has approved a USD 241.3 million loan to improve electricity distribution in West Bengal. This program will enhance power r
1729582745 Companies - 3 weeks ago
Larsen & Toubro (L&T) outbid Bharat Heavy Electricals Limited (BHEL) to secure over ₹40,000 crore worth contracts from NTPC for three coal-fired pow
1729533934 Companies - 3 weeks ago