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Latest Articles in Energy Infra

Refined Soya Oil Futures Fall On Low Demand

Market analysts said cutting down of positions by participants against ample stocks mainly influenced refined soya oil prices.

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Indian Households Shun Downmarket Palm Oil, Cutting Demand In Lockdown

India's palm oil imports could plunge 20% from a year ago to 7.5 million tonnes in the 2019/20 marketing year ending on Oct. 31,

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Tata Power Completes Sale Transaction Of Ships For $212.76 Million

TERPL will now cater to shipping requirements of the company's imported coal-based CGPL plant at Mundra under an asset light model which will help unlock significant value and returns for the shareholders.

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IEX Electricity Market Trades 4,790 MU Volume In June

The average market clearing price during the month was at Rs 2.35 per unit registered 29 per cent year-on-year decline over a price of Rs 3.32 in June last year.

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Adani Signs Pact With Kalpataru For Acquisition Of Alipurduar Transmission

The acquisition of Alipurduar Transmission will bolster the pan-India presence of ATL consolidating its position as the largest private sector transmission company in India

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Buffett's Berkshire To Buy Dominion Energy Gas Assets For 4 Billion Dollar

The transaction announced on Sunday includes more than 7,700 miles (12,390 km) of natural gas transmission lines and 900 billion cubic feet of gas storage.

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Coal India Suffers Average Daily Production Hit Of 56% During 3-day Strike

The average daily production by the PSU on the three days was 5,73,000 tonnes, which is 44 per cent of the last 10 days' average production (from June 22 to July 1) of 12,96,900 tonnes

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Oil Prices Mixed As Coronavirus Spike Casts Shadow Over US Demand

Brent crude rose 18 cents, or 0.4%, to $42.98 a barrel by 0252 GMT after a 4.3% gain last week, while U.S. West Texas Intermediate crude was at $40.42, down 23 cents

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NLC, Coal India Form JV To Develop Solar And Thermal Power Assets

Coal India is the single largest coal producer worldwide and operates through 83 mining areas spread over eight states in India.

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Oil Falls Below $43 A Barrel On Virus Fears, Still Heads For Weekly Gain

Brent crude was down 38 cents, or 0.9%, at $42.76 a barrel by 12:03 p.m. EDT (1603 GMT), and U.S. West Texas Intermediate (WTI) crude fell 44 cents, or 1.1%, to $40.21.

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Malaysia Worries New EU Food Rules Could Hurt Palm Oil Exports

Food use makes up 65% of global consumption of palm oil that is found in everything from bread to chocolate spread and instant noodles.

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India To Scrutinize Power Supply Parts Imports From China

The ministry said the order was intended "to protect the security, integrity and reliability of the strategically important and critical power supply system and network".

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West Bengal: Coal India Limited Workers On 3-Day Strike Against Privatisation

The workers are protesting against commercial mining and the FDI in the coal sector which was implemented last year by the central government.

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Oil Falls As Growing Coronavirus Cases Stoke Fuel Demand Worries

Brent crude futures were down 37 cents, or 0.9%, at $42.77 a barrel as of 0042 GMT, and U.S. West Texas Intermediate (WTI) crude futures fell 34 cents, or 0.8%, to $40.31 a barrel.

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Tata Power To Raise Rs 2,600 Cr From Promoter, Set Up InvIT For Renewable Business

Tata Power will issue 49,05,66,037 equity shares on a preferential basis to Tata Sons Private Limited ("Tata Sons") for an aggregate consideration of Rs 2,600 crore.

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