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International News

GAIL faces profit hit over gas supply cut, says finance chief

August 5, 2022

GAIL, India’s largest gas distributor and operator of pipelines, imports 14 million tonnes per annum (mtpa) of liquefied natural gas (LNG) under various long term deals.Profit at state-runGAIL(India) Ltd will be hit as it rations […]

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International News

India keeps renewables target flexible, goal of 500 GW green energy by 2030 dropped

August 5, 2022

The updated NDC proposes about 50 per cent cumulative electric power installed capacity from non-fossil fuel-based energy resources by 2030, dropping the 500 GW absolute target committed at COP26.Indiadropped its target of establishing 500 GW […]

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International News

IIT Kharagpur researchers develop low-cost, fast-charging Sodium-ion batteries

August 4, 2022

An IIT Kharagpur statement said that under the ‘Materials for Energy Storage Programme’ and support from the Technology Mission Division (TMD) of the Department of Science and Technology, Government of India, the team has used […]

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International News

India set to turn to water for next wave of renewable energy growth

August 4, 2022

As the commercial viability of offshore RE improves in India and inland resources become scarce, experts say existing developers will look to diversify their portfolio by entering into offshoreNew Delhi: A slew ofrenewableenergy projects that […]

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International News

Climate change: Cabinet approves India’s updated nationally determined contribution

August 4, 2022

According to the updated NDC, India now stands committed to reducing emissions intensity of its GDP by 45 per cent by 2030, from 2005 level, and achieving about 50 per cent cumulative electric power installed […]

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International News

Ranjit Rath takes over as Oil India chairman

August 3, 2022

Rath, 50, previously was chairman and managing director of Mineral Exploration Corporation Ltd (MECL) and was selected for the top job at Oil India Ltd by the government headhunter in March. New Delhi: Ranjit Rath […]

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International News

Adani and RIL plan biogas foray, each to invest Rs 600 cr

August 3, 2022

“Adani and RIL are both planning to enter the segment with multiple plants,” a senior executive at an oil marketing company said. ANIL and RIL did not respond to ET’s email seeking comment. Gautam Adani-ledAdani […]

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International News

Indian Oil to give Rs 50 crore for Cheetah reintroduction project

August 3, 2022

“Indian Oil will be contributing Rs 50.22 crore in 4 years for the project components viz. cheetah introduction, its habitat management and protection, eco development, staff training and veterinary healthcare,” the ministry said in a […]

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International News

Siemens Gamesa weighs around 2,500 job cuts: sources

August 2, 2022

The cuts would reduce a workforce of some 27,000 people, based on figures on the company’s website. It was not immediately clear which divisions or regions would be affected. MADRID/FRANKFURT: Wind turbine makerSiemens Gamesais considering […]

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International News

Surge in natural gas imports by Europe hits India’s supplies

August 2, 2022

IndianOil’s tender for a spot liquefied natural gas (LNG) cargo received no bids recently, according to people familiar with the matter. Even LNG contracted under long-term deals is no longer secure as Russia’s Gazprom has […]

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