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Latest Articles in Energy Infra

Crude Oil Futures Rise On Spot Demand

On the Multi Commodity Exchange, crude oil for April delivery traded higher by Rs 79, or 1.85 per cent, at Rs 4,360 per barrel in 5248 lots.

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NCL Supplies 87% Of Total Coal To Power Producers In FY21

There was also about 14 per cent increment year-on-year in the average supply of coal rakes to upcountry consumers

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Adani Ports Acquires Residual 25% Stake In Krishnapatnam Port For Rs 2,800 Cr

This will result in APSEZ increasing its stake from 75 per cent to 100 per cent in Krishnapatnam Port.

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Coal India Arm MCL Registers Record Production, d Dispatch In FY21

Overburden removal is a process of removing topsoil and rock to expose coal seams in open cast mines.

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India Asks State Refiners To Review Oil Import Contracts With Saudi

India imports 85 per cent of its oil needs and is often vulnerable to global supply and price shocks. When oil prices started to rise in February, it wanted Saudi Arabia to relax output controls but the Kindgom ignored its calls.

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Tata Power Takes Over Power Distribution In North Eastern Odisha

Tata Power consumer base now stands at 11.5 million across Mumbai, New Delhi, Odisha and Ajmer as the largest private sector power distribution company in the country.

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CIL's Additional Supply Reduces Coal Imports By 90 MT In FY21

CIL produced 596.2 MT of coal ending 2020-21 against 602.1 MT produced in 2019-20, while the offtake was 573.8 MT compared to 581.4 MT.

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Cyril Amarchand Mangaldas Advises Adani Ports And Special Economic Zones On Acquisition Of 58.1% Stake In Gangavaram Port

Adani Ports had announced the acquisition of Warburg Pincus group’s 31.50% stake in Gangavaram Port. Once the current acquisition receives requisite approvals, Adani Ports will end up owning 89.60% stake in Gangavaram Port.

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Crude Oil Futures Rise On Spot Demand

On the Multi Commodity Exchange, crude oil for April delivery traded higher by Rs 22, or 0.5 per cent, at Rs 4,406 per barrel in 5016 lots.

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India's Power Consumption Grows 24.35% In March

Power consumption in February this year recorded higher at 104.11 BU compared to 103.81 BU last year despite the fact that 2020 was a leap year.

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IGL Signs Long-Term Pact With DTC For Supply Of CNG

DTC is the largest CNG-powered bus service operator in the world with a fleet size of 3,762 buses and is also in the process of procuring 1,000 new CNG buses which would shortly be plying on the roads of the national capital.

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Gas Price For ONGC Remains At Decade Low Of $1.79, Falls 11% For Reliance-BP

Natural gas price is set every six months -- on April 1 and October 1 -- each year based on rates prevalent in surplus nations such as the US, Canada and Russia in one year with a lag of one quarter.

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After Record Surge, Petrol, Diesel And LPG Prices To Fall

Petrol crosses the Rs 100 mark in some cities in Rajasthan, Madhya Pradesh and Maharashtra last month but with the fall in international oil prices, retail rates have come down.

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ExxonMobil Signs Pact To Supply Lubricants To Nissan Motor India PV Aftermarket Biz

The co-developed engine oils will be available through the Nissan service network for all variants of Nissan models from April 1

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HPCL Buy Outs Partner SP Ports In Chhara LNG Terminal For Rs 397 Cr

HSEPL is constructing a 5 million tonne a year LNG terminal at Chhara in the Gir-Somnath district of Gujarat at a project cost of about Rs 4,300 crore which is likely to be completed by the end of the calendar year 2022.

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