Thursday 05 Sep '13A working capital crunch, exacerbated by the dramatic slide in the rupee, has forced Tata Power to rethink its expansion plans, the managing director of India’s largest private power producer told FE.
Wednesday 04 Sep '13Central electricity regulator CERC’s panel report could mean a R1,500-crore relief for Tata Power’s struggling Mundra power plant, but a final verdict is still sometime away, managing director Anil Sardana told FE.
Saturday 31 Aug '13It is not enough for oil and gas players to merely insure their capital intensive projects anymore, it is crucial that they find the “right” cover that best protects them from losses resulting from any damage to their equipment.
Wednesday 08 May '13Air India is set to get a discount of 8-8.5% on purchase of aviation turbine fuel from state-owned oil marketing companies, which will help reduce the national carrier's fuel bill by R700-800 crore.
Tuesday 07 May '13When bulk diesel prices were deregulated in January, the government had hoped it would enable oil marketing companies (OMCs) to reduce annual under-recoveries by a substantial R15,000 crore (assuming crude prices and the rupee at 2012-13 levels), but that was not to be.
Sunday 31 Mar '13With diesel prices likely to go up steadily now that oil retailers plan to up the price of the fuel by Rs50 paise a litre every month — till they no longer incur losses — the dynamics of the auto industry could see a big change.
Thursday 21 Mar '13Tata Power Solar System's chief executive Ajay Goel talks about the threat cheaper imports from China pose to the domestic solar manufacturing industry in an interview with FE's Viraj Nair.
Thursday 14 Mar '13State-owned refiner Hindustan Petroleum Corporation, whose 9-million-tonnes-per-annum refinery at Ratnagiri in Maharashtra has been hanging in the balance due to environmental issues for more than two years now, is hoping that the expansion at its Visakhapatnam refinery doesn’t meet the same fate.
Wednesday 20 Feb '13Shortages of domestic coal and gas, rising fuel costs, difficulty in renegotiating tariffs, a lack of clarity in tariff renegotiation and weakness in the rupee have hit India’s power industry.