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Latest Articles in Energy Infra

Oil Up 3% On Robust US Fuel Consumption, Tight Supply Outlook

Prices rose more than 1 per cent during the previous session, although Brent at one point fell to its lowest since February, as signs of a slowdown mounted in some places

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Government Cuts Windfall Tax On Domestic Crude; Export Duty On ATF, Diesel Hiked

The export duty on aviation turbine fuel was hiked from nil to Rs 2 per litre. Also, the export duty on diesel was hiked by two rupees to Rs 7 per litre from Rs 5 per litre

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NHPC To Develop Nepal Hydropower Plant Left By China

Nepal has opened its rivers, which it sees as having a combined potential to generate more than 42,000 megawatts of hydroelectric power, to foreign players to develop its economy and export electricity to narrow the trade deficit of more than $13 billion

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Government Issues Draft Indian Ports Bill For Stakeholder Consultation

The draft has been prepared to consolidate and amend the laws relating to ports, for the prevention and containment of pollution at ports. It also seeks to ensure compliance with the country’s obligation under the maritime treaties and international instruments to which India is a party

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Windfall Tax On Oil Producers Likely To Be Cut In Fortnightly Review

This is the third such review of the windfall tax and export duty levied on oil producers and fuels since July 1. The government removed the export duties on petrol and aviation turbine fuel (ATF) in the previous reviews

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Power Mech Projects Bags Large Order From Adani Group

As per the exchange filing by Power Mech Projects, the monetary value of the order is Rs 6,163.20 crore. The scope of work includes 15 FGD retrofits to coal bases units, whose sizes range between 330 MW and 660 MW

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DSEU, Tata Power Delhi Distribution Sign Pact For Courses

As part of the agreement, Tata Power Delhi Distribution Limited will help in faculty development for DSEU by providing its expertise in this field and curating quality programmes, scholarships, industrial training, and emerging technologies in the power sector for the students

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ONGC Signs Deal With ExxonMobil For Deep-sea Exploration In India

With its import dependence rising to 85 per cent for meeting oil needs, India has been seeking technical and financial support from global oil majors to find newer resources and raise domestic production. ONGC, the nation's top oil and gas producer, has been in talks with ExxonMobil for several months now to explore a partnership

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Vikram Solar Gets Sebi Nod To Mop-up Funds Via IPO

Vikram Solar, which filed preliminary IPO papers with the markets regulator in March, obtained its observation letter on August 10, an update with the Securities and Exchange Board of India (Sebi) showed on Wednesday

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NTPC Augments Solar Footprint, Achieves 69454 MW Of Installed Capacity

The Company has planned 262 MW floating solar on over 1300 acres of its own reservoir area by installing over 9,50,000 PV modules at its various stations out of which 242 Mega Watt has been commissioned

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India Eases Russian Oil Buying In July, Boosts Saudi Imports: Sources

Indian refiners lifted more term supplies from Saudi Arabia as prices were attractive while prices for Russian supplies have climbed on robust demand

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Exponent Energy Raises $13 Mn In Funding Led By Lightspeed

Exponent Energy, which has developed its proprietary charger and battery 'e-pump' and 'e-pack' that together can provide rapid charging of 100 per cent in 15 minutes, said it will use the fresh funds to expand its network and streamline production

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Resilient And Responsive

Ravi Chawla has been leading and managing the Gulf India business since 2007 and also holds responsibilities for the Cluster Markets /Asia Pacific Region since 2018

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India Has Never Been Defensive About Its Stand On Buying Russian Oil: EAM Jaishankar

In an interaction with the diaspora, Jaishankar defended India's decision to buy discounted Russian oil amid Moscow's ongoing war with Ukraine, saying many suppliers of India have diverted their supplies to Europe, which is buying less oil from Russia

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Mahanagar Gas Cuts PNG And CNG Prices On Higher Supply From Government

The price of PNG has been reduced by Rs 4 per standard cubic metre to Rs 48.50 per SCM, while that of CNG by Rs 6 a kilogram to Rs 80 per kg, as per an official statement

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