Oil refiners may have to shut a few units
A deep demand destruction due to lockdown has left most refineries with run rates of barely 50-60% and little tank space to store their refi...Read More
Showing posts with label Energy-Industry-Economic Times. Show all posts
Showing posts with label Energy-Industry-Economic Times. Show all posts
Ministry asks for Cabinet nod to monetise PGCIL assets
REVENUE stream Govt looks to raise ₹10,000 crore through InvIT from Energy-Industry-Economic Times https://ift.tt/2wmzriC via Latest News...Read More
Will continue with capex plans: Shashi Shanker, ONGC chairman
“Profit will obviously be affected. But we are a national oil company and we are in it for the long haul. So we are not going to redraw our ...Read More
CJI Bobde wants all thermal plants shut to check pollution
“You cannot destroy the ecology. You can consider keeping it out of ecologically fragile areas,” the chief justice said, suggesting a review...Read More
Coronavirus outbreak: Petrol, diesel set to get cheaper as crude oil hits 13-month low
Petrol is down Rs 3.74 a litre and diesel Rs 4.41 a litre since mid-January. In Delhi, petrol was priced at Rs 71.96 and diesel Rs 64.65 a l...Read More
RIL, Shell liability to government may drop in PMT case
The order is one step — but not the final one — toward the conclusion of a decade-old dispute between the government and join from Energy-...Read More
Delay in importing panels from China to hit solar projects in India
The Chinese lunar New Year holiday was extended by a week to prevent the outbreak from spreading. Many developers for whom dispatches had to...Read More
Government seeks Rs 19,000 crore dividend from oil companies
The finance ministry has demanded that oil companies should maintain or increase the dividend payout this year. Company executives say the d...Read More
CG Power looking to hive off, sell its overseas assets
The manufacturer of power and distribution transformers is valuing its global assets at around $250 million. “CG Power has held talks with s...Read More
BPCL chief hails privatisation move
In a letter to BPCL employees, Chairman D Rajkumar has tried to address their anxiety on privatisation and sought their support in ensuring ...Read More
Diesel demand falls 7.4% in October partly due to economic slowdown
Accounting for a share of 40% of the country's total oil requirement, demand for diesel has reported to plunge 7.4% in October from a ye...Read More
Temasek-EQT joint venture to launch India green energy platform
The two sponsors have promised an initial equity commitment of $500 million as the seed capital. On the back of that, the company will be r...Read More
ExxonMobil, Indian Oil Corporation ink natural gas pact
Indian Oil is the second-biggest gas marketer in the country. It operates an LNG terminal at Ennore on the east coast. from Energy-Industr...Read More
RIL, BP can sell natural gas from KG Basin to its affiliates: Bob Dudley
BP group chief executive Bob Dudley had said that it won’t violate the terms of production sharing contract with govt. from Energy-Industr...Read More
India expected to get $58B investment in upstream sector: Dharmendra Pradhan
Pradhan was upbeat about fresh investments flowing into India’s energy sector. from Energy-Industry-Economic Times https://ift.tt/33xATde ...Read More
States asked to forego free power to make hydro projects viable
India is targeting production of 75,000 MW of hydropower by 2030, up from 45,000 MW at present, to balance the electricity grid as the count...Read More
SBI questions veracity of Andhra Pradesh government’s guarantees
Jaganmohan Reddy govt furnished guarantees for Rs 3,000-crore term loan for power finance co. from Energy-Industry-Economic Times https://...Read More
Aptel pulls up state power regulators
“We direct all the state and joint regulatory commissions to furnish the necessary information to the secretary of the Forum of Regulators, ...Read More
ReNew Power moves HC objecting to disconnection of part of its capacity
ReNew protests against 300MW of its wind projects being suddenly denied connectivity by APTRANSCO from Energy-Industry-Economic Times htt...Read More
NTPC to invest Rs 25K crore to set up solar park
Power company not to undertake any new coal-based capacity for the next few years to reduce its carbon footprint from Energy-Industry-Econ...Read More
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