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Latest Articles in Energy Infra

Govt Surpasses Monetisation Target For FY22

The government has completed transactions worth Rs 1 lakh crore under the National Monetisation Pipeline (NMP) in 2021-22, surpassing the ambitious programme's first-year target of Rs 88,000 crore

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Tata Projects Appoints Vinayak Pai As CEO, MD Designate

Before joining Tata Projects, Pai was the group president at Worley, based out of Hague, the Netherlands, the company said in a statement

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Oil Prices Climb On Hopes Of China Demand Recovery

Brent crude futures were up $1.15, or 1 per cent, at $113.08 a barrel at 0042 GMT, while U.S. West Texas Intermediate (WTI) crude futures climbed $1.62, or 1.4 per cent, to $114.02 a barrel, paring some losses after oil prices fell by around 2 per cent in the previous session

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Centre Pressuring States To Purchase Imported Coal, Alleges CM Gehlot

He also urged the Centre to remove the requirement of purchasing imported coal, which he said has been increased to 10 per cent of the total purchase

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India Weighs Selling Part Of BPCL Instead Of Full Stake: Report

Initially, the government had aimed to raise $8-$10 billion from selling its full stake in BPCL. Having drawn up plans four years ago, it invited bids in 2020, hoping major players such as Russia's Rosneft might be interested

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Indian Oil Q4 Net Profit Drops 31% To Rs 6021 Cr

Standalone net profit of Rs 6,021.88 crore, or Rs 6.56 a share, in January-March, compared with Rs 8,781.30 crore, or Rs 9.56 per share, in the same period a year back, the company said in a stock exchange filing

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EKI Energy Services Net Profit Jumps To Rs 383 Cr in FY22

The company reported a consolidated net profit of Rs 383.17 crore for the period under review but the comparative figure was not available

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Greenko Setting Up World's Largest RE Storage Plant At $3 Bn Investment

The 5,230 megawatt (MW) project is being set up at a cost of USD 3 billion, the company official told PTI while informing that global steel maker ArcelorMittal has put in around USD 600 million for the project

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Hyundai Ties Up With Tata Power To Set Up EV Charging Infra

Under the collaboration, 60 kW DC charging stations will be installed at the company's 34 EV dealerships in 29 cities to cater to all kinds of electric vehicles through Hyundai and Tata Power EZ Charge Mobile App

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Tea Industry Worried Over Rising Coal Costs: TAI

TAI said since the North Bengal region does not have access to supplies of natural gas, which is available in the gardens of Upper Assam, this causes the North Bengal gardens to face competitive disadvantages

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Rays Experts To Commission World's Largest Solar Park In Rajasthan

This is the first and the only 100 per cent privately owned ultra mega solar park in the country connected to the central transmission system

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Need To Reduce Taxes On Oil In Collaborative Manner: CII President

The CII president also said the three contentious agri bills that were rolled back earlier "should be reviewed but in proper consultation and then taken forward"

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India's Petrol, Diesel Sales Rebound In May As Pick-up In Economic Activity

Another factor was the low base effect. April saw consumption drop due to a Rs 10 per litre hike in petrol and diesel prices after an over four-month hiatus

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Big Oil Gets Investor Reprieve As Energy Worries Trump Climate Concerns

Major oil companies have handily defeated several high-profile climate resolutions brought by shareholder activists in the current run of annual general meetings

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Despite Soaring Mercury Levels In Delhi, Power Demand Declines: Data

A tormenting heatwave swept through the city on Sunday with the mercury leaping to 49.2 degrees Celsius at Mungeshpur in northwest Delhi and 49.1 degrees Celsius at Najafgarh in the city's southwest

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