With the funds infusion, AGEL remains favourably positioned to achieve its accelerated growth trajectory,” Adani Group chairman Gautam Adani said.
OMCs seen making healthy profits if crude hovers around $85/barrel, and doesn’t flare up
India’s share of crude oil imports has undergone a significant change, primarily because of the Russia-Ukraine war.
The investment bank, however, estimates that prolonged redirection of these oil flows would raise spot crude prices relative to long-dated…
26 more coal blocks go under the hammer
It has also allowed these NPEAs to bid for auction for mineral blocks explored by them, which was earlier not…
The call for growth in private investments in the generation and transmission comes at a time when the power demand…
Hartek Solar bagged contracts for rooftop solar installations for 2,785 kilowatt peak power (kWp) from Winsome Industries in Baddi, Himachal…
Experts concerned about UAE Consensus being ambivalent about RE financing
The Union power ministry has prepared a Cabinet note to “completely separate” PGCIL from the newly created Central Transmission Utility…
Relief to OMCs from lower crude prices may be short-lived
Industry players attribute the pick-up to low module prices, sourcing freedom, fresh tenders
Coal India takes interests of larger economy into consideration
The surge in imports can be attributed to increased gas consumption in the fertilizer and power sectors.
In RE and transmission, Vedanta plans to invest $1-2 bn each every year
India’s power minister R. K. Singh has repeteadly emphasised that the country will continue to add thermal power capacity in…
Crude prices seen at $80-85/barrel through FY24
“MGL has entered into more term contracts of 3-5 year duration in order to secure stability in cost of the…
