The Indian Energy Exchange traded 6540 MU of electricity volume in May 2021, up 9% y-o-y amidst Covid-19 lockdown as well the cyclonic disturbances that affected the overall power demand in the country.
Bharat Petroleum Corporation (BPCL), a major public sector oil refiner, plans to further reduce its dependence on crude oil from West Asia to 50% from 65% at present as the company plans to increase sourcing from countries in
Over the last 10 years CGPL has made cumulative losses (ex-impairment) of Rs 9,400 crore till FY20 on aggressive bids and adverse coal and currency movement. The tax break is expected to be value accretive for Tata Power as i
With an over 15-20% increase in raw material prices of steel, copper and aluminum along with a steep 20-25% rise in prices of solar modules, EPC players have been hit hard. With little margins possible under contract terms, m
Cash-starved sugar mills that produce ethanol are getting into tripartite agreements with oil-marketing companies (OMCs) and banks, which will allow them to get loans on the basis of committed purchases of the bio-fuel by OMC
JSW Energy has healthy cash flows and balance sheet position and it will be incurring capex towards both the Kuteher HEP and the 810 MW Seci project in the second half of the current fiscal, Prashant Jain, the company’s joi
A senior official from the ministry of new and renewable energy (MNRE) told FE that the Chinese manufacturers have increased the price of wafers that goes into the manufacturing of cells after India increased the production o