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NEW DELHI: The ministry of petroleum and natural gas has opposed a proposal of Reliance Industries Ltd (RIL) for an increase in the price of gas, saying that would lead to an additional burden of $8 billion on the exchequer. The petroleum ministry recently communicated its view to the...
PUDUCHERRY : Oil companies like Indian Oil Corporation (IOC) and Hindustan Petroleum Corporations Limited (HPCL ) have agreed to provide additional loads of LPG exclusively to Puducherry to meet the shortage, within a period of 10 days, said Chief Minister N Rangasamy on Friday. This follows a meeting by...
MUMBAI: Pune-based Force Motors has entered into an agreement with Hindustan Petroleum Corporation Ltd (HPCL) for supply of engine oil, the company said in a news release. The agreement will see HPCL providing engine oil for the entire range of Force Motors’ automotive aggregates like engine, gearbox and axles....
CHENNAI/BANGALORE: The Mangalore Refinery & Petrochemical Ltd, a subsidiary of ONGC, has said that it is advancing its annual maintenance shutdown of its production units due to the non-availability of water. The refinery, based in Mangalore, has a capacity to refine 15 million tonnes per annum and was receiving...
MUMBAI: The Petroleum and Natural Gas Regulatory Board has followed certified accounting principles for capex to arrive at the network tariff to be charged by Indraprastha Gas. Network tariff is the average unit rate of tariff for a million metric British thermal units (mmBtu) for all consumers. Consumer tariff...
NEW DELHI: With most parts of India reeling under a power crisis, the situation is all set to worsen after reports have emerged that 30 out of India’s 95 thermal power plants have registered alarmingly low levels of coal. As per the data available with the power ministry’s advisory...
NEW DELHI: With the commissioning of a 660-MW unit of a power plant in Jhajjar, Haryana, India’s installed capacity has crossed the 2-lakh-MW mark, according to the Power Ministry. The first unit of the project of CLP India — Mahatma Gandhi Thermal Power Project, Jhajjar — was recently fully...
AHMEDABAD: The government of Gujarat has identified and agreed to allocate 500 hectare of land for second 4,000 mw ultra mega power project (UMPP) in the state. After exploring Jamnagar and Kutch districts in past couple of years, the Central Electricity Authority (CEA) zeroed in on Lodhva village in...
PATNA: Bihar is likely to face acute power crisis during this summer. NTPC’s power plant (200 MW) at Farakka (unit-3) has already been shut down for annual maintenance since April 1 for a period of 35 days. NTPC’s another plant (500 MW) at Kahalgaon in Bhagalpur district is non-functional...
NEW DELHI: State-run Power Finance Corporation (PFC) said it is in talks with GVK and Videocon to fund their coal mine acquisitions overseas on the condition that they bring a majority portion of the coal back to India. PFC Chairman and Managing Director Satnam Singh also said the company...