Economic Times

Tata Power's net profit rose by 7.4% to ₹1,093 crore for the quarter ending September 30. The company's revenue from operations declined slightly wh
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Tata Power will invest Rs 5,666 crore to establish a 1,000 MW pumped storage hydro project in Bhivpuri. The project is expected to be completed within
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Adani Power and Adani Renewable Energy Fifty Five Limited have signed agreements to supply a combined 6,500 MW of power to Maharashtra State Electrici
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NTPC, in collaboration with the Indian Institute of Petroleum, has created a catalyst to convert flue gas CO2 from fossil-fired power plants into meth
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Larsen & Toubro has secured significant projects in the Middle East and Africa to enhance high-voltage electricity grids. These include a collaboratio
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India is looking to reduce the use of sulfur hexafluoride in power transmission due to its significant impact on global warming. This gas is used in c
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The Centre has categorized blended aviation turbine fuel under mineral items, introducing excise duties, and is considering voluntary use by 2024 and
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State-owned fuel retailers have increased commissions for petrol pump dealers, although retail prices for petrol and diesel remain unchanged. Prices w
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The Supreme Court has asked SKS Power Generation, its lenders, and the resolution professional for responses on Torrent Power's appeal challenging the
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Transformers and Rectifiers (India) Ltd announced on Tuesday that it has secured orders totaling Rs 270 crore from Adani Energy Solution, Siemens, and
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Union Petroleum Minister Hardeep Singh Puri reassured there is no global crude oil shortage, emphasising India's sufficient refining capacity. Amid Mi
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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
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The Centre has directed power distribution companies to follow uniform accounting practices to avoid financial misreporting. This move aims to curb th
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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
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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
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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
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A panel has recommended that the ONGC Chairman should also head its subsidiary HPCL to ensure cohesive corporate governance. Despite ONGC's acquisitio
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Oil prices are forecasted to decrease as Israel's targeted strikes in Iran over the weekend avoided disrupting Tehran's oil and nuclear infrastructure
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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
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Big energy companies argue that the rising electricity demand from data centers can drive investment in clean energy, despite skepticism. They claim t
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