Economic Times
State-owned REC Ltd has raised USD 500 million through green dollar bonds to support renewable energy projects. The 5-year bonds have a coupon rate of
Recent declines in crude oil prices have improved margins for state-owned fuel companies, allowing potential cuts in petrol and diesel prices by Rs 2-
Kazakhstan, rich in uranium, is considering building a nuclear power plant and will hold a referendum on October 6. The country has the necessary tech
India's oil demand growth has nearly halved this financial year, with diesel sales stagnating. Diesel sales, which make up 38% of refined product cons
Apraava Energy has secured a new interstate transmission project in Rajasthan through tariff-based competitive bidding by the central government. The
India's power sector presents investment opportunities worth over Rs 40 trillion in the next decade, driven by rising power demand, infrastructure upg
REC Ltd has successfully raised $500 million through a five-year bond, priced at 4.78%, attracting global investors. This could pave the way for more
REC Ltd has successfully raised $500 million through a five-year bond, priced at 4.78%, attracting global investors. This could pave the way for more
Union Minister Manohar Lal emphasized the need for new thermal power capacities due to insufficient green power supply. He stated that any reduction i
Tata Power Delhi Distribution Ltd has been granted a 20-year patent for its self-regenerating transformer breather. This device protects transformers
India's largest oil and gas bid round saw four bidders, including ONGC, OIL, Vedanta Ltd, and Reliance-bp plc. Most blocks received two bids each. Rel
State-run ONGC has joined forces with Reliance Industries and UK’s BP to bid for an oilfield exploration licence in the Saurashtra basin. This conso
India's oil imports from Russia dropped by 18.3% in August to about 1.7 million barrels per day due to reduced crude processing by some refiners. Desp
Reliance Infrastructure Ltd, led by Anil Ambani, is set to receive Rs 1,100 crore from promoters and Rs 1,910 crore from two Mumbai-based investment f
India is exploring the possibility of increasing oil imports from Brazil, as revealed in a meeting between India's oil minister and the head of Petrob
India's oil exports have been impacted by falling crude oil prices, leading to a contraction in overall exports in August. CRISIL reports that contain
Indian refiners are using Russian insurance for oil cargoes priced above $60 per barrel, bypassing the G7 price cap. Russian firms insured 60% of thes
India plans to launch a new oil and gas exploration licensing round early next year, a source from the oil ministry said.
The government has approved a joint venture between NPCIL and NTPC to construct four 700 MWe nuclear power plants at Mahi Banswara in Rajasthan. The n
Torrent Power Limited has received a Letter of Intent from Maharashtra State Electricity Distribution Co. Limited for a 1,500 MW/12,000 MWh pumped hyd
