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Sanjay Kumar Singh takes charge as interim CMD of NHPC

New Delhi, Sept. 1 -- Sanjay Kumar Singh, NHPC's director (projects), has been appointed as the interim chairman and managing director (CMD) of the state-run hydropower company. The power ministry ap... Read More


Russian oil discounts likely to continue at current levels post new price cap implementation

New Delhi, Sept. 1 -- India's oil refiners are expected to benefit from discounts on Russian oil even after a new price cap imposed by the European Union (EU) takes effect next month, three people in ... Read More


Nalco charts green alumina path by 2030-even as coal expansion looms

NEW DELHI, Aug. 31 -- State-run National Aluminium Co. Ltd (Nalco) plans to begin producing green alumina by 2030, ramping up renewable energy capacity to align with India's energy transition and risi... Read More


ONGC expects major recovery from Mumbai High in 14 months

New Delhi, Aug. 29 -- State-run Oil and Natural Gas Corp. Ltd (ONGC) expects a major recovery in crude oil output from the Mumbai High field within the next 13-14 months, as it works with UK-based ene... Read More


Nayara Energy appoints Teymur Abasguliyev as CEO, effective September

New Delhi, Aug. 26 -- Nayara Energy on Tuesday said it has appointed Teymur Abasguliyev as its new chief executive officer (CEO), who will take charge of the company backed by Russian oil giant Rosnef... Read More


ONGC plans to set up trading unit for crude, petroleum products

New Delhi, Aug. 26 -- State-run Oil and Natural Gas Corp. (ONGC) is looking to set up a trading unit for oil & gas, petroleum products and petrochemicals produced by its group companies, according to ... Read More


INOX Green eyes 17 GW operations & maintenance assets, explores acquisitions

New Delhi, Aug. 26 -- INOX Green Energy Services Ltd, the renewable energy operations and maintenance subsidiary of the INOXGFL Group, aims to scale its portfolio to 17 GW by the next financial year, ... Read More


Mozambique LNG project back on track as security improves, BPCL gets marketing rights

New Delhi, Aug. 25 -- Bharat Petroleum Corp. Ltd (BPCL) has secured rights to market liquefied natural gas (LNG) from Mozambique's long-stalled project, where it holds a 10% stake, with full developme... Read More


Neo Infra Income Opportunities Fund buys SolarArise in Rs.1,400 cr deal

New Delhi, Aug. 25 -- Neo Group's flagship infrastructure fund, Neo Infra Income Opportunities Fund (NIIOF), has bought SolarArise India Projects Pvt. Ltd from the London Stock Exchange-listed ThomasL... Read More


India can pull the global economy out of slow growth scenario, says Prime Minister Modi

New Delhi, Aug. 24 -- Outlining economic reforms by the Indian government, Prime Minister Narendra Modi said India has the capability to pull the world out of its slow economic growth. Modi also the ... Read More