power News
ONGC announces USD 2.5 bn deal, withdraws hours later
Press Trust of India: New Delhi, Jun 10, 2013 at 2353 hrs ISTONGC today committed a blooper when it jumped its own embargo to announce a buyout.
Lower Indian rupee to spark windfall profits for Reliance Industries, ONGC
Press Trust of India: New Delhi, Jun 10, 2013 at 1836 hrs ISTRIL and ONGC will earn more on selling natural gas in US dollars.
17 states to see substantial power shortages, south to be worst affected
Press Trust of India: New Delhi, Jun 10, 2013 at 0110 hrs ISTThe projections come against the backdrop of acute power shortages
No immediate India plan to ban low-grade coal imports: sources
Reuters: New Delhi, Jun 06, 2013 at 1842 hrs ISTThe move is aimed at curbing air pollution and protecting struggling domestic miners.
Fuel hike caused by rupee depreciation: Veerappa Moily
PTI: Tumkur, Jun 01, 2013 at 1634 hrs ISTIndian oil companies had hiked the prices of petrol by 75 paise and diesel by 50 paise per litre.
Petrol price may be hiked this week
PTI: New Delhi, May 30, 2013 at 2157 hrs ISTPetrol prices may be hiked by up to Rs 1 a litre this week as the rupee hit a 10-month low.
Tata Power posts Rs 181 cr quarterly profit
PTI: Mumbai, May 30, 2013 at 1727 hrs ISTThe leading power producer had consolidated net loss of Rs 628.75 crore in the year-ago period.
Indian Oil net profit up at 14.5% in Q4 at Rs 14,512 cr
PTI: May 30, 2013 at 1629 hrsIOC sells diesel, cooking gas (LPG) and kerosene at government-controlled rates.
Power Finance Corp eyeing stake buy in state-run bank
Reuters: New Delhi, May 30, 2013 at 1428 hrs ISTIndian power utilities have struggled to build new plants, as projects get mired in red tape.
Power shortage cripples south India's industrial belts
Anil Sasi: New Delhi, May 30, 2013 at 0116 hrs IST* Lack of new generation capacity, poor grid interconnection to blame
Power companies extend working day to provide better service
PTI: Patna, May 29, 2013 at 1517 hrs ISTThere are nearly 13,000 employees in the five power holding companies.
Coal India consolidated Q4 net up 35% at Rs 5,414 crore
Press Trust of India: New Delhi, May 28, 2013 at 0144 hrs ISTCompany produced 452.2 million tonnes of coal in FY'13 against 435.8 MT in the FY 2011-12.
Reliance Industries' KG-D6 natural gas find may be game changer
Press Trust of India: New Delhi, May 27, 2013 at 1710 hrs ISTA research note said that the partnership between RIL and BP is starting to pay off.
Sheila Dikshit to discoms: Improve power supply or face action
Express news service: New Delhi, May 27, 2013 at 0104 hrs ISTThe government made it clear that it would no longer overlook outages.
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