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Employees of three state-owned power companies in Maharashtra to go on 72-hour strike from Jan 4

January 3, 2023 Mariel Alumit

“More than 30 unions of drivers, wiremen, engineers and other employees have come together to thwart the attempt of privatisation in the state-owned power companies,” Krushan Bhoir, general secretary of Maharashtra State Electricity Workers’ Federation […]

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International News

Maharashtra govt conspiring to privatize power firm Mahavitaran: AAP

January 3, 2023 Mariel Alumit

In an advertisement published in several newspapers then, Adani Electricity Navi Mumbai (AENM) had said it has approached the Maharashtra Electricity Regulatory Commission (MERC) for a distribution licence in some pockets of the Mumbai Metropolitan […]

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International News

RIL, Adani Group, NTPC among 7 bidders for SKS Power

January 3, 2023 Mariel Alumit

The Chhattisgarh-based power company owes Rs 1,890 crore to two lenders, Bank of Baroda and State Bank of India. SKSPowerGeneration’s lenders have received seven bids to take over the distressed power producer, people familiar with […]

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International News

India’s solar sector seemingly headed for a disaster in second half of FY23: Parag Sharma, CEO, O2 Power

January 2, 2023 Mariel Alumit

He said there has been no procurement post the levy of basic customs duty, therefore, numbers are expected to fall furtherNew Delhi: India’s solar energy sector is expected to be headed for a disaster in […]

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International News

Reliance seeks bids for sale of KG-D6 gas at rates linked to JKM

December 30, 2022 Mariel Alumit

JKM price for February is $28.83 per million British thermal unitNew Delhi:RelianceIndustries Ltd and its partner bp plc of the UK have sought bids for the sale of natural gas from the eastern offshore KG-D6 […]

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International News

Tata Power raises Rs 1,000 crore through non-convertible debentures

December 30, 2022 Mariel Alumit

In a regulatory filing, the company said it has allotted 10,000 unsecured, redeemable, taxable, listed, rated, Non-Convertible Debentures (NCDs) worth Rs 1,000 crore, on private placement basis. New Delhi: TataPoweron Thursday said it has raised […]

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International News

Anant Ambani to wed Radhika Merchant

December 30, 2022 Mariel Alumit

A statement issued by the family said the young couple after the engagement spent the day at the temple seeking Lord Shrinathji’s blessings for their upcoming union. Mukesh Ambani’s son Anant Ambani got engaged to […]

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International News

Ambani sets goals for children; cites Messi to explain leadership

December 29, 2022 Mariel Alumit

Speaking to company employees at his father and founder Dhirubhai’s birth anniversary, celebrated as Reliance Family Day, he said the oil-to-telecom-to-retail conglomerate Reliance Industries Ltd has embarked on a journey of comprehensive self-transformation.New Delhi: BillionaireMukesh […]

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International News

Sanjay Singh is the new President of Indian Oil Officers Association

December 28, 2022 Mariel Alumit

The newly elected apex body of IOOA — that represents 17,929 officers — comprises Sanjay Singh, President; Rituraj Barooah, Vice President; Anoop Singh, General Secretary; Syed Qamar Ahmed, General Treasurer; and Bal Krishan Prajapati, as […]

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International News

Indian Energy Exchange forms subsidiary to explore business in carbon market

December 28, 2022 Mariel Alumit

Tthe new entity will enable participants to buy and sell voluntary carbon credits at competitive prices through its platform and facilitate the reduction of global Greenhouse Gas emissions by 45 per cent by 2030 to […]

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