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.
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.
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.
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...