Economic Times
Power Finance Corporation (PFC) has become the first Indian government-owned entity to collaborate with SACE, the Italian export credit agency. Under
1708682973 Companies - 9 months ago
India's state-run refiners are facing challenges as Russian oil becomes more expensive and less accessible due to higher freight rates and US sanction
1708585123 Companies - 9 months ago
The Central Electricity Regulatory Commission has issued directives to power exchanges to prohibit manual entry of bids on behalf of members during or
1708540898 Companies - 9 months ago
In an interview with ET, Shell CEO Wael Sawan expressed concerns about rising political and social polarization worldwide, citing its impact on policy
1708537970 Companies - 9 months ago
Torrent Power's DGEN Power plant and Lanco Group were among the lowest bidders in an auction to supply natural gas-fired power during peak electricity
1708511817 Companies - 9 months ago
This is the first time the government is pursuing private investment in nuclear power, a non-carbon-emitting energy source that contributes less than
1708453326 Companies - 9 months ago
India's External Affairs Minister S Jaishankar reaffirmed India's stance on buying Russian oil. During his visit to Germany for the Munich Security Co
1708416641 Companies - 9 months ago
Shipments of diesel from India to Europe hit a 2-year low due to Houthi attacks, diverting cargoes to Asia. Higher freight costs and refinery maintena
1708399637 Companies - 9 months ago
Twelve tankers are anchored, holding the key Russian crude grade. Most haven’t moved far for more than a month, vessel tracking data compiled by Blo
1708396263 Companies - 9 months ago
Indian Oil Corporation, Hindustan Petroleum Corporation, GAIL, Bharat Petroleum Corporation, and Oil and Natural Gas Corporation exceeded their capex
1708372274 Companies - 9 months ago
Tankers carrying Russian Sokol oil, stranded due to payment problems and Western sanctions, have started moving towards China and India. Some 7.5 mill
1708362751 Companies - 9 months ago
The National Company Law Appellate Tribunal rejected Navayuga Engineering's appeal against disqualification from bidding for the Athena Demwe Power pr
1708286622 Companies - 9 months ago
India has resumed imports of Russian Sokol oil after a two-month hiatus, with at least two refiners receiving deliveries in February. Indian state ref
1708073579 Companies - 9 months ago
Assam-based Numaligarh Refinery Limited (NRL) is executing the Numaligarh Refinery Expansion Project (NREP), which includes laying a cross country pip
1708066064 Companies - 9 months ago
The proposed transaction involves the acquisition of 100 per cent equity share capital of Coastal Energen Pvt Ltd (CEPL) by the acquirers (Dickey Alte
1707841207 Companies - 10 months ago
Sterlite Power has secured Rs 2,400 crore funding from REC Power Development and Consultancy Ltd (RECPDCL) for its Beawar transmission project in Raja
1707809468 Companies - 10 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
1707764970 Companies - 10 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
1707730789 Companies - 10 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
1707709959 Companies - 10 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.
1707417649 Companies - 10 months ago