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Articles for Energy & Infra

Centre's green nod to Rs 1,400 cr airport at Rajkot

The Centre has given green clearance for a greenfield airport project at Hirasar, about 28 km from Rajkot in Gujarat, at a cost of over Rs 1,400 crore.

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Japan, India Sign Accord On LNG Cooperation

That comes after India said last week it would work with Japan to make long-term LNG import deals more affordable for its price-sensitive consumers as they try to secure better prices and concessions from suppliers

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Wind Tariffs At Record Low: Fruitful Up-Gradation Or Helpless Desperation?

Post the change in the regime from feed-in-tariff to auction based tariff this year, the wind industry has been undergoing structural changes

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Kerala To Raise Rs 10,000 Crore To Fund Two Highways

The government targets to get the chits subscribed by at least one lakh NRKs in the first year who can join the chit by giving a monthly remittance

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IOC Drops Plans To Merge Chennai Petroleum With Itself

IOC holds 51.89 per cent stake in CPCL and had planned to merge the company with itself like it had done with another subsidiary, Bongaigaon Refinery and Petrochemicals Ltd (BRPL), more than a decade ago

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IOC Buys New US Crude Grades For December Delivery: Sources

IOC bought 1 million barrels each of US Southern Green Canyon (SGC) and WTI Midland crude likely from a Chinese trader, the people said, speaking on condition of anonymity

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ONGC May Sell IOC Stake To LIC To Fund HPCL Acquisition

The acquisition of 51.11 per cent government stake in HPCL will be funded through a combination of market borrowing and selling some stake in IOC and GAIL

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Adani To Demerge Renewable Energy Business; Simplify Structure, Financial Flexibility, Sustained Growth

The Scheme will simplify the business structure providing the shareholders of AEL direct shareholding in AGEL, listing of the largest Renewable Power IPP having a total portfolio of 2148 MWAC in India

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