Economic Times

India is transitioning towards a gas-based economy to reduce its reliance on imported crude oil. The government is taking steps to increase domestic
Companies - 2 weeks ago
Sterlite Power's Global Products and Services (GPS) business secured orders worth Rs 1,200 crore in Q2 FY25, driven by demand for high-performance con
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India can reduce natural gas imports by utilizing deposits in the northeast. The region's surplus gas can supply other Indian regions and Bangladesh.
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The Northeast Natural Gas Grid, slated for completion by 2026, is set to unlock the region's vast natural gas reserves. This will boost India's energy
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India's coal production from captive and commercial mines has exceeded 100 million tonnes. The output reached 100.08 million tonnes till November 8 of
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Indian Gas Exchange plans to integrate Northeast India's gas producers with national markets. This initiative will boost the region's economy and redu
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India's purchase of Russian oil has helped stabilize global oil prices, asserted Union Minister Hardeep Singh Puri. He emphasized that India's energy
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Adani Energy Solutions Ltd established a subsidiary in Kenya. The new company is called Progressive Grid Networks Ltd. It will seek opportunities in p
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Adani Power has decreased electricity supply to Bangladesh once again due to unpaid dues exceeding $800 million. Despite Bangladesh expediting payment
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India's largest natural gas distributor is seeking one LNG cargo a month to be delivered from April 2025 to March 2030 at a price linked to U.S. bench
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Bangladesh's power board has issued a new letter of credit worth $173 million to Adani Power for continued electricity supply. This follows Adani's de
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The Petroleum and Natural Gas Regulatory Board (PNGRB) is revising its definition of piped natural gas (PNG) to exclude cascade and other non-pipeline
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Reliance Power Ltd and Reliance NU BESS Ltd have been barred by SECI from participating in tenders for the next three years. SECI alleges that the com
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Reliance Power is taking legal action against a three-year ban imposed by India's top renewable energy agency, SECI. SECI alleges Reliance Power submi
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Tata Power acquired Paradeep Transmission Ltd for Rs 18.64 crore. The deal closed on November 6, 2024. Paradeep Transmission was established to boost
Companies - 3 weeks ago
India has significantly reduced its oil and gas subsidies by 85% since 2013, according to the Ministry of New and Renewable Energy. This strategic mo
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Cairn Oil & Gas joins UN's methane reduction initiative. Cairn is the first Indian oil and gas company to join OGMP 2.0. The partnership aims to red
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Bangladesh is expediting an $800 million payment to Adani Power by a November 7 deadline. Adani, facing coal import challenges, slashed electricity ex
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Welspun Corp Ltd (WCL) has secured two orders in the US worth Rs 1,300 crore to supply specialised pipes for natural gas pipeline projects. The orders
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India is updating its electricity demand forecasting to match generation needs and maintain grid stability amid rising use of renewable energy. The Ce
Companies - 3 weeks ago

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