Economic Times
GAIL plans to increase Dabhol LNG terminal capacity to 12 mtpa by 2030 to meet rising gas demand. The government aims for 15% natural gas share by 203
1713206293 Companies - 7 months ago
The government had previously raised the windfall tax on petroleum crude to 6,800 rupees per metric ton from 4,900 rupees on April 4.
1713202695 Companies - 7 months ago
The government on Saturday directed all gas-based power plants to operate in May and June amid an anticipated increase in demand during the summer mon
1713052800 Companies - 7 months ago
India's government has ordered all gas-based power generating stations to operationalize their plants from May 1 to June 30 due to a potential prolong
1712993746 Companies - 7 months ago
India has extended a mandate for imported coal-based power plants to operate at full capacity until October 15, in response to anticipated high demand
1712985368 Companies - 7 months ago
The move will give a chance for a better valuation for the 1,800-MW project, which saw interest from the likes of Adani Power, Jindal Power and Vedant
1712863128 Companies - 8 months ago
Rising oil prices pose inflation risks for India, with a $10/barrel hike potentially increasing consumer prices by 0.2-1.4%. Asian economies, especial
1712861615 Companies - 8 months ago
GAIL chairman Sandeep Kumar Gupta said the government should mandate the use of natural gas in refineries and steel making, and make emissions a facto
1712775210 Companies - 8 months ago
DIPAM declined the debt resolution plan for KSK Mahanadi Power project by PFC and REC. NCLT paused sale in June 2022. Interested companies were NTPC L
1712774553 Companies - 8 months ago
The CBI has registered an FIR against two HPCL assistant managers for allegedly pilfering 642 kilo litres of petroleum products worth Rs 5.82 crore be
1712759304 Companies - 8 months ago
In February, China and India remained primary destinations for Russian seaborne fuel oil and vacuum gasoil (VGO) exports, as they sought alternatives
1712741494 Companies - 8 months ago
Between 2013-14 and 2023-24, the annual consumption of petrol increased 117%, diesel 31%, aviation turbine fuel 50% and LPG 82%, according to the petr
1712687379 Companies - 8 months ago
GAIL, an Indian gas utility, faced supply disruption due to sanctions imposed by Moscow on SEFE, a former unit of Russian energy giant Gazprom. GAIL f
1712663293 Companies - 8 months ago
The share of Russian oil in India's total imports rose to 35% in 2023-24 from 23% in the previous year, according to energy cargo tracker Vortexa. Dur
1712604009 Companies - 8 months ago
By 2032, NTPC is looking to expand its non-fossil-based capacity to 45-50 per cent of the company's portfolio that will include 60 GW RE capacity with
1712569430 Companies - 8 months ago
India's fuel consumption decreased by 0.6% year-on-year in March, totaling 21.09 million metric tons. However, demand for the 2024 financial year incr
1712562177 Companies - 8 months ago
Oil prices surged above $90 a barrel due to military tensions between Israel and Iran, compounded by global supply shocks. Mexico cutting crude export
1712552284 Companies - 8 months ago
NTPC targets 40M tonnes coal production in FY25, a 17% increase. In-house mining to cover 15% of fuel needs. Strategies like mine planning, automation
1712510545 Companies - 8 months ago
Power Minister RK Singh cautioned states against falling into a debt trap by implementing populist measures like providing free electricity, emphasizi
1712484381 Companies - 8 months ago
Indian refiners exported 61,000 barrels per day (bpd) of diesel in March to customers in Asia, down from 163,000 bpd in February, according to energy
1712340800 Companies - 8 months ago
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