energy sector

Islamabad, March 5 Pakistan decided on Thursday to introduce weekly revisions in petroleum prices, effective from Saturday, and to consider measures such as working from home and distance learning to conserve fuel amid possible disruptions in oil supplies due to the ongoing conflict in West...

According to Crisil Ratings, a prolonged war in the Middle East could adversely affect several Indian sectors with direct trade exposure to the region, including basmati rice, fertilizers, diamond polishing, airlines, and travel operators.The rating agency said that sectors dependent on...

New Delhi, March 5 Shares of Omnitech Engineering Ltd, a manufacturer of precision-engineered components, listed on Thursday with a 11 per cent discount against the issue price of Rs 227.The stock began trading at Rs 205, down 9.69 per cent from the issue price on the BSE.At the NSE, it...

Amaravati, March 5 Andhra Pradesh Energy Minister G Ravi Kumar said on Thursday that the state government is spending Rs 6,000 crore to build new electric sub-stations across the state.Addressing the Assembly, the Energy Minister said the initiative includes 200 sub-stations in areas...

Mumbai, March 4 Maharashtra Chief Minister Devendra Fadnavis on Wednesday directed the time-bound implementation of multiple agreements signed for pumped storage hydro-power projects to strengthen the energy sector.Fadnavis chaired a review meeting at the state legislature complex and said...

New Delhi, March 3 The Ministry of Power has decided to set up a search-and-selection committee to find the head of state-owned electricity generator NTPC, as the government's recruitment agency, PESB, failed to identify a suitable candidate.The Public Enterprise Selection Board (PESB), under...

New Delhi, March 2 – Prime Minister Narendra Modi and Canadian Prime Minister Mark Carney set a year-end target on Monday to complete the negotiations for the Comprehensive Economic Partnership Agreement (CEPA) between the two countries and agreed to deepen bilateral collaboration in the energy...

The Ministry of External Affairs stated today that Canadian Prime Minister Mark Carney's visit to India represents a significant turning point in the relationship between the two countries. Speaking to the media in New Delhi about the Canadian Prime Minister's official visit to India, P...

New Delhi, February 28 State-owned gas utility GAIL (India) Ltd will invest ₹1,736.25 crore in setting up a wind power project in Maharashtra that will help expand its renewable energy portfolio, as it targets net zero carbon emissions by 2035.In a regulatory filing, GAIL said its board...

Hyderabad, February 27 SCCL, with over 13 decades of extensive experience in coal exploration, is likely to get an opportunity to explore Coal Bed Methane gas resources present in coal seams, official sources said on Friday.Senior officials of the Union Ministry of Petroleum and Natural Gas...

New Delhi, February 26 The initial public offer of Omnitech Engineering Ltd, a manufacturer of precision-engineered components, received a 13 per cent subscription on the second day of bidding on Thursday.The IPO received bids for 24,94,866 shares against 1,89,09,890 shares on offer, according...

Bengaluru, February 25 To support the growth of the ESDM sector, AI data center clusters of varying capacities will be developed at multiple locations across the state, including the coastal district of Dakshina Kannada, Minister M B Patil said on Wednesday.He added that a meeting with the...

New Delhi, February 24 – Pakistan's economy is in a dire state as inequality and poverty are rising, while the federal government is on the verge of bankruptcy, according to an article in Pakistani media.The article, published by the Business Recorder based in Karachi, advocates for export-led...

Numaligarh (Assam), February 24 The cost of the three-fold capacity expansion of Numaligarh Refinery Ltd, the largest refinery in the Northeast, is likely to increase by nearly Rs 5,900 crore to around Rs 34,000 crore, company officials said.The company has sent a proposal to the government to...

Mumbai, February 24 The Maharashtra government on Tuesday presented supplementary demands of ₹11,995.33 crore in the state legislative assembly, with the largest allocation of ₹4,066 crore proposed for the energy, labor, industries, and mining sectors.The supplementary budgetary demand was...

New Delhi, February 22 – While the IMF loan has temporarily rescued Pakistan from the brink of economic collapse, weak growth and fractious domestic politics suggest that the current period of stability may be difficult to sustain in the medium term, according to an article.In September 2024...

New Delhi, February 22 The country's demand for coal, which had been weak earlier in the current financial year, is expected to increase in the coming days due to a sharp increase in electricity consumption, an industry expert said on Sunday.Vinaya Varma, Managing Director of mjunction...

February 18, New Delhi: The United States announced on Tuesday the first installment of Japanese investments under a massive $550 billion commitment linked to a trade deal with President Donald Trump.The initial commitments, totaling $36 billion for three infrastructure projects, come as Japan...

Itanagar, February 18 The 2,880-MW Dibang hydroelectric project, under construction in Arunachal Pradesh, has achieved a significant milestone with the successful completion of the diversion tunnel, officials said on Wednesday.The final blast marking the breakthrough of diversion tunnel-3 was...

Bhopal, February 18 – Madhya Pradesh Finance Minister Jagdish Devda presented a budget of ₹4.38 lakh crore for the fiscal year 2026-27 in the state Assembly on Wednesday, with a strong emphasis on welfare measures for women, farmers, and marginalized sections, while also outlining ambitious...