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NTPC eyes Rs.56k-cr nuclear bet in Bihar

NEW DELHI, May 11 -- State-run NTPC Ltd is considering investing about Rs.56,000 crore to set up 2.8 gigawatt (GW) of nuclear power generation capacity in Bihar through its subsidiary NTPC Parmanu Urj... Read More


NTPC eyes Rs.56,000-crore nuclear bet in Bihar, plans 2.8 GW capacity

New Delhi, May 10 -- State-run NTPC Ltd is considering investing about Rs.56,000 crore to set up 2.8 gigawatt (GW) of nuclear power generation capacity in Bihar through its subsidiary NTPC Parmanu Urj... Read More


Oil marketing companies lose Rs.30,000 crore a month amid high crude prices: Govt

New Delhi, May 8 -- Public sector oil marketing companies (OMCs) Indian Oil Corp. Ltd (IOC), Bharat Petroleum Corp. Ltd and Hindustan Petroleum Corp. Ltd are losing about Rs.30,000 crore a month on th... Read More


NTPC, IndianOil, Coal India plan Rs.6k-crore IPO for Hindustan Urvarak & Rasayan

New Delhi, May 8 -- NTPC Ltd, Indian Oil Corporation Ltd, and Coal India Ltd are planing to list their joint venture Hindustan Urvarak & Rasayan Ltd (HURL) to raise up to Rs.6,000 crore in fiscal year... Read More


NTPC, IndianOil, Coal India plan Rs.6k-crore IPO for Hindustan Urvarak & Rasayan

New Delhi, May 8 -- NTPC Ltd, Indian Oil Corporation Ltd, and Coal India Ltd are planing to list their joint venture Hindustan Urvarak & Rasayan Ltd (HURL) to raise up to Rs.6,000 crore in fiscal year... Read More


Oil prices rise after US, Iran exchange fire at Strait of Hormuz

New Delhi, May 8 -- Global oil prices climbed on Friday morning after US and Iranian forces exchanged fire at the Strait of Hormuz, the first such flare-up since the ceasefire announcement on 7 April.... Read More


'No plans to support OMCs for losses on fuel sales'

New Delhi, May 4 -- New Delhi: The government so far does not have any plans to provide fiscal support to the oil marketing companies (OMC) for their revenue losses or under-recovery on the sale of pe... Read More


Oil prices subdued after Trump says US plans to help stranded ships cross Strait of Hormuz

New Delhi, May 4 -- Global oil prices traded on a subdued note on Monday morning after US president Donald Trump said that the US will guide stranded ships out of Strait of Hormuz. At 7:45 AM, the Ju... Read More


Govt says auto fuel shortage rumour led to panic buys, assures stocks adequate

New Delhi, May 3 -- The government on Sunday rejected rumours of an automobile fuel shortage and an anticipated retail price hike that had led to "panic buying" in parts of the country. The petroleum ... Read More


New grid penalty rules could dent renewable earnings, trigger tariff concerns

India, May 2 -- A regulatory effort to keep the national power grid stable and make green power more reliable may wreck the revenues of producers and potentially lead to tariff hikes, industry executi... Read More