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India unveils new blocks for oil exploration to cut imports – An analysis
International News

India unveils new blocks for oil exploration to cut imports – An analysis

October 23, 2022

India recently launched a sizable offering for oil and gas exploration, with most of the blocks on offer lying offshore and in deeper waters. New Delhi: In order to decrease the rising burden ofoilimports, India […]

RIL posts Rs 13,656 crore profit for September quarter; Revenue up 32 per cent
International News

RIL posts Rs 13,656 crore profit for September quarter; Revenue up 32 per cent

October 22, 2022

Revenues of the company went up 32.5 per cent year-on-year to Rs 159,671 crore, primarily on account of higher crude oil prices. Mumbai:Reliance Industries(RIL) on Friday posted a net profit of Rs 13,656 crore for […]

Mozambique’s first LNG exports to Europe seen by early November
International News

Mozambique’s first LNG exports to Europe seen by early November

October 21, 2022

BP’s LNG tanker, British Sponsor, has already arrived offshore northern Mozambique, said Welligence Energy Analytics in a note, with all of Coral Sul’s annual gas output of 3.4 million tonnes contracted to BP for 20 […]

Billionaire Adani to target Europe with huge Morocco clean energy project
International News

Billionaire Adani to target Europe with huge Morocco clean energy project

October 21, 2022

Adani’s coal-to-ports conglomerate is considering building wind and solar generation plants in the North African nation and facilities to produce green hydrogen for export, according to people familiar with the proposals and who requested anonymity […]

Solar imports excluded from duty scheme
International News

Solar imports excluded from duty scheme

October 21, 2022 Stu Turley

Solar power developers said the decision is a major setback to the country’s solar power capacity addition plan and they might consider legal options opposing the differential treatment as only solar power plants have been […]

Motovolt Mobility in talks with online food, grocery delivery firms to develop their fleet
International News

Motovolt Mobility in talks with online food, grocery delivery firms to develop their fleet

October 20, 2022 Stu Turley

“Talks are on with online delivery firms like Swiggy, Zomato and Zepto for supplying products like e-bikes to help develop their fleet,” Motovolt Mobility founder and CEO Tushar Choudhary told reporters here. Kolkata: Electric cycle […]

Triton EV issues Rs 8,060 cr LoI to Bharat Electronics for purchase of battery packs
International News

Triton EV issues Rs 8,060 cr LoI to Bharat Electronics for purchase of battery packs

October 20, 2022

“Triton Electric Vehicle India Pvt Ltd, a part of Triton Electric Vehicle LLC, USA today issued a letter of intent to Navaratna Defence PSU Bharat Electronics for procurement of 300 KW Li-Ion battery packs for […]

CII and Indian Oil Corporation launch project ‘Vayu Amrit’ in Sangrur to mitigate stubble burning
International News

CII and Indian Oil Corporation launch project ‘Vayu Amrit’ in Sangrur to mitigate stubble burning

October 20, 2022 Stu Turley

“We should make Sangrur a model district for zero crop residue burning,” said Jorwal while speaking at the launch of the CII and Indian Oil Corporation-supported crop residue management initiative, project Vayu Amrit, in village […]

Crisis-hit Sri Lanka opens fuel market to foreign firms
International News

Crisis-hit Sri Lanka opens fuel market to foreign firms

October 19, 2022

The move cleared the way for international oil firms to re-enter Sri Lanka for the first time since the nationalisation of oil companies in the early 1960s, with the exception of the Indian Oil Corporation […]

Regulator can’t revise power tariff payable to discom in the guise of prudence check: SC
International News

Regulator can’t revise power tariff payable to discom in the guise of prudence check: SC

October 19, 2022 Stu Turley

A bench comprising justices S A Nazeer and Krishna Murari allowed the appeal of private discom BSES Yamuna Power Ltd challenging certain findings of the Appellate Tribunal for Electricity (APTEL) in a 2014 judgment by […]

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