Power Industry, News From Power Industry

BHEL bags Rs 1,000 cr order from Bhutan

BHEL has secured a Rs 1,016-cr contract from Punatsangchhu Hydroelectric Project Authority.

Decision on Parikh Panel report likely before Budget

The government said that it may decide before the beginning of the Budget session.

Essar Oil to double petrol pumps to 2,500

Essar Oil plans to nearly double its petrol pumps to 2,500 by March 2011, group Chairman said.

India likely to face coal shock

India could face a ‘coal shock’ sooner than later if the power utilities do not wake up to the fuel security risks from..

SC verdict in RIL-RNRL case won’t affect NTPC’s suit

Power major NTPC claimed that the outcome of RIL-RNRL case, in which Supreme Court’s verdict is awaited, will not affect NTPC’s suit against RIL.

Panel for freeing of petrol, diesel prices

The panel headed by Kirit Parikh suggested raising LPG rates by Rs 100/cylinder.

IOLCP Q3 net up seven fold

The company had reported net profit of Rs 85 lakh for the quarter ended Dec 31, 2008.

Negative view on state-run oil cos: Fitch

The global rating agency Fitch said there is a negative overhang in the downstream sector (refining and marketing) of the country's public sector oil and gas firms.

Govt may hike natural gas price by 30%

The government may in ‘weeks’ decide on raising price of natural gas produced by state-owned ONGC and Oil India by 30 per cent, Petroleum Secretary S Sundareshan said.

Govt may decide on freeing oil pricing this week

The Govt may decide on freeing petrol and diesel prices after an expert committee on fuel pricing.

Hindujas to invest $10 bn in power

Hinduja Group is close to acquiring an Indian construction firm.

IOC’s Q3 profit slides 76.45%

State-run Indian Oil Corp reported a 76.45% drop in net profit in the third quarter.

NTPC undertakes 17 projects to have 75,000 MW capacity

NTPC has undertaken 17 projects across the country for capacity addition of 17,930 MW of power in the road map to achieve 75,000 MW generation capacity by 2017.

ONGC to pay Rs 3,497 cr fuel subsidy in Q3

ONGC will bear Rs 3,497 crore fuel subsidy in the third quarter ended December 31, 2009.

Tata Power Q3 net up 40 pct to Rs 141 cr

Total income decreased to Rs 1,611.60 crore for the third quarter ended December.

OilMin receives Rs 120 bn cash subsidy

India's finance ministry has given Rs 120 billion as cash subsidy to state-run oil firms.

Large investors show interest in NTPC FPO

Large funds like Capital Group Fund and Janus Capital have been typically investing in power stocks.

Oil cos to get Rs 12,000-cr cash before March

State-run oil marketing cos will receive Rs 12,000 crore in cash before March 31 to make up for losses.

IOC’s first overseas bond issue a hit

In what is perhaps the most successful dollar-denominated bond issue by any Asian company in recent times, India’s largest public sector refiner, Indian Oil Corporation...

Govt may give cash subsidy to oil firms

Oil secretary said, no decision has been taken on the quantum of compensation.

BHEL bags Rs 200-cr order from PowerGrid

BHEL said it has bagged a Rs 200-crore order from PowerGrid for supplying insulators.

Latest News

Print Edition

Events