Government asks states to submit solar policies
The Ministry of Natural Resources and Environment (MNRE) has asked states to define their solar policies in its quest to attain solar efficiency.
German bank to lend India Euro 1 bn to strengthen power sector
Minister of State (Independent Charge) for Coal, Power and Renewable Energy Piyush Goyal has said that a development bank owned by the German government, the Kreditanstalt fur Wiederaufbau (KfW), has agreed to provide a concessional loan of a billion euros over the next six years to augment and strengthen the nation’s renewable power transmission infrastructure. […]
India to fill its strategic oil reserves
India plans to use the low oil prices to stock up on its strategic oil reserves. Shoring up on its oil reserves is crucial for India, which imports as much as 79 percent of its crude oil. The recent fall in the crude oil prices provides it with an opportunity to do so
Adani Power to build a 1,000 MW solar plant in TN
The Adani Group is in talks with the Tamil Nadu to set a 1,000 MW solar power plant in the state. The possible location of the plant is Ramanathapuram, a backward and dry district that gets a lot of sunlight. Preliminary talks are currently on between the parties. Tamil Nadu plans to generate 3,000 MW […]
Jaitley downplays Cairn India tax demand, says legacy of previous government
Jaitley says the Rs 204 billion tax demand to Carin India is a legacy of previous government that can be rectified through the legal process
Government sends Cairn India Rs 204 billion tax demand
Carin India receives a tax demand of about Rs 204 billion from the Indian government in connection to its public listings in 2007
DGH to renegotiate Cairn India’s Rajasthan block
The Oil Ministry has asked the Directorate General of Hydrocarbons(DGH) to renegotiate fiscal terms of Cairn India’s Rajasthan oil block
Manipur CM solicits cooperation in power sector
Manipur CM seeks cooperation in tapping the state’s potential in power sector
Indian Oil seeks rare jet fuel cargo; first time in more than 3 years
Indian Oil Corp is seeking a rare aviation turbine fuel or jet fuel cargo, its first such requirement in more than three years, according to industry sources
Cairn India gets DGH approval for gas production
Cairn India has got approval from Directorate General of Hydrocarbons to commercially produce gas in its Raageshwari Deep Gas field in Barmer, Rajasthan. The approval makes it eligible to seek an extension after the contract for the block expires in 2020