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International News

Indian power producer NTPC to sell stake in green energy business

December 14, 2022

The deal marks the first green transaction by an Indian state company, which has drawn interest from investors, such as Canada Pension Plan Investment Board (CPPIB), Malaysia’s Petronas and Brookfield.NEW DELHI: India’s largest power producerNTPCLtd […]

Price
EIA News

Rates to hire tankers for refined petroleum products reach multiyear highs during 2022

December 14, 2022

 December 14, 2022 Data source: Argus Media Rates for petroleum product tankers that carry low-sulfur petroleum products, including refined petroleum products such as motor gasoline, diesel fuel, jet fuel, and naphtha, reached […]

Price
International News

20 new nuclear power plants to be commissioned in country by 2031: minister

December 14, 2022

According to a written reply by Minister of State in the PMO Jitendra Singh, the 500 MW Prototype Fast Breeder Reactor at Kalpakkam is likely to be operational in 2024, followed by two 1,000 MW […]

Price
International News

Indian state-run power companies close to buying Lanco asset for $365 mln

December 14, 2022

The state companies – Power Finance Corp Ltd (PFC), REC Ltd SJVN Ltd and Damodar Valley Corp (DVC) – aim to acquire the coal-fired power plant of Lanco Amarkantak in Chhattisgarh in central India, the […]

Price
International News

Why natural gas is a strategic fuel in India’s energy transition

December 13, 2022

Realising the importance of natural gas in energy transition, Govt. of India has laid an ambitious vision to make India a gas-based economy by enhancing the share of natural gas in energy basket to 15 […]

Price
International News

Parliament passes Energy Conservation (Amendment) bill to promote non-fossil energy sources

December 13, 2022

The Energy Conservation (Amendment) Bill, 2022 was cleared in the Rajya Sabha by a voice vote on Monday. The Lok Sabha cleared the legislation in the previous session in August this year. Rajya Sabha passes […]

Price
International News

NTPC to allot 5 GW for green hydrogen, ammonia out of 60-GW RE target by 2032

December 13, 2022

NTPC is not looking at hydrogen for generation purposes said Mohit Bhargava, chief executive director, NTPC REL New Delhi: State-owned power firm,NTPC, plans to use about 5 GW capacity in greenhydrogenand ammonia business out of […]

Price
International News

PESB picks Krishnakumar Gopalan as the next CMD of BPCL

December 12, 2022

The Public Enterprises Selection Board (PESB) has picked Krishnakumar Gopalan for the post of Chairman and Managing Director (CMD) at India’s second largest oil refining and marketing company Bharat Petroleum Corporation Ltd (BPCL), the government’s […]

Price
International News

Oil price has fallen to its lowest this year. Will your fuel bill fall too?

December 11, 2022

The supply uncertainty that gripped the market following the Russian invasion of Ukraine has faded while demand-related concerns amid global economic growth worries have gained sway. What does this mean for India? Oilhas fallen to […]

India’s power giant NTPC will turn to nuclear fleet in climate goal chase
International News

India’s power giant NTPC will turn to nuclear fleet in climate goal chase

December 8, 2022

New Delhi-based NTPC is considering deploying small-scale modular reactors, known as SMRs, as part of the strategy, according to multiple people with knowledge of the company’s plans. The producer has an overall power fleet of […]

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