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Power Min launches schemes to procure 4,500 MW electricity supply for five years
International News

Power Min launches schemes to procure 4,500 MW electricity supply for five years

November 28, 2022

Under the scheme, the PFC Consulting Ltd has invited bids for the supply of 4,500 MW. The supply of electricity will commence from April 2023. The Ministry of Coal has been requested to allocate around […]

L&T bags Rs 1,000-2,500 cr worth orders for its hydrocarbon business
International News

L&T bags Rs 1,000-2,500 cr worth orders for its hydrocarbon business

November 28, 2022

The contract involves engineering, preparation, removal and transportation of five offshore wellhead platforms and associated facilities at the Tapti field, off India’s west coast, which is being operated by the Joint Venture of BGEPL, ONGC, […]

Adani Transmission seeks to supply more power in Mumbai Metropolitan Region
International News

Adani Transmission seeks to supply more power in Mumbai Metropolitan Region

November 28, 2022

ATL’s new subsidiary, Adani Electricity Navi Mumbai Ltd (AENML), recently filed an application before Maharashtra Electricity Regulatory Commission (MERC) for grant of a distribution licence in the newly identified areas. MUMBAI: Adani Transmission Ltd (ATL) […]

Kirit Parikh panel recommendations provide major relief for natural gas sector
International News

Kirit Parikh panel recommendations provide major relief for natural gas sector

November 28, 2022

Overall, the $2 per mmbtu reduction in 2023-24(E) effective gas cost for priority sector has Rs 7.7/8/1.2 per kg implication for CNG and Rs 4.9/5/0.8 per scm implication for the domestic segment of IGL, MGL […]

Indian Energy Exchange board approves Rs 98 crore share buyback plan
International News

Indian Energy Exchange board approves Rs 98 crore share buyback plan

November 26, 2022

“The board has approved the buyback of fully paid up equity shares having a face value of Re 1 each of the company at a price not exceeding Rs 200 per equity share and not […]

Govt mulls selling 5 per cent-10 per cent stake in Coal India, Hindustan Zinc, Rashtriya Chemicals
International News

Govt mulls selling 5 per cent-10 per cent stake in Coal India, Hindustan Zinc, Rashtriya Chemicals

November 25, 2022

The government is looking to sell 5per cent-10per cent in Coal India Ltd., Hindustan Zinc Ltd., Rashtriya Chemicals and Fertilizers Ltd. via the so-called offer-for-sale mechanism, the people said, asking not to be identified as […]

India adds 1.2 GW of rooftop solar in Jan-Sept this year
International News

India adds 1.2 GW of rooftop solar in Jan-Sept this year

November 24, 2022

Second highest rooftop solar capacity addition despite challenges New Delhi:Indiaadded 1.2 gigawatt (GW) of rooftop solar in the January to September period of calendar year (CY) 2022, an 11 per cent decrease compared to the […]

It’s time to generate income from electricity than getting it for free: PM Modi in Gujarat
International News

It’s time to generate income from electricity than getting it for free: PM Modi in Gujarat

November 24, 2022

Addressing an election rally in Modasa town of Aravalli district in north Gujarat, Modi said only he knows the art through which people will be able to earn money from electricity.Modasa: Prime MinisterNarendra Modion Thursday […]

SC dismisses Tata Power’s plea against Rs 7,000 cr transmission contract awarded to Adani
International News

SC dismisses Tata Power’s plea against Rs 7,000 cr transmission contract awarded to Adani

November 24, 2022

Tata Power had questioned the Maharashtra Electricity Regulatory Commission’s (MERC) decision to award such a large infrastructure project without following the process of tariff based competitive bidding (TBCB) and by “excluding other developers”.TheSupreme Courton Wednesday […]

Reliance, Adani Power set for epic clash at Lanco unit auction
International News

Reliance, Adani Power set for epic clash at Lanco unit auction

November 24, 2022 Mariel Alumit

This is the first time two of the country’s largest corporate houses will be vying directly against each other for an asset. A consortium of Power Finance Corp. and REC Ltd, both state-owned, will also […]

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