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Govt may let developers exit stalled renewable projects without penalties

New Delhi, Sept. 22 -- In a rare move, the government is likely to allow renewable energy developers to relinquish stalled projects without invoking bank guarantees, provided power purchase agreements... Read More


Oil India has recovered over 91% of its $1 bn investment in Russia projects

New Delhi, Sept. 18 -- Oil India has recovered over 91% of its $1 billion investment in Russia's Vankorneft and Taas Yuryakh projects, receiving about $942 million in dividends, and expects full recov... Read More


India's monster oil hoard tempts IndianOil and Trafigura to L&T

New Delhi, Sept. 18 -- Multiple energy and engineering giants, including Indian Oil Corp., Trafigura, Vitol, and Larsen & Toubro Ltd, have shown interest in developing a strategic crude reserve at Cha... Read More


India's monster oil hoard tempts IndianOil and Trafigura to L&T

New Delhi, Sept. 18 -- New Delhi: Multiple energy and engineering giants, including Indian Oil Corp., Trafigura, Vitol, and Larsen & Toubro Ltd, have shown interest in developing a strategic crude res... Read More


Govt notifies policy for geothermal energy, sanctions pilot projects to assess viability

New Delhi, Sept. 17 -- The union ministry of new and renewable energy on Wednesday notified the national policy on geothermal energy to reinforce efforts for energy transition and achieving net zero c... Read More