Coronavirus

8,363 projects, with anticipated cost of Rs 5.88 lakh crore kick started since April
Oil & Gas

8,363 projects, with anticipated cost of Rs 5.88 lakh crore kick started since April

Oil & Gas industry has kick-started economic activities, numbering 8,363 with an anticipated cost of Rs 5.88 lakh crore which…
Measures to ease out financial burden on DISCOMS midst COVID19
Power

Measures to ease out financial burden on DISCOMS midst COVID19

In order to alleviate the financial stress in the power system, all Generating Companies and Transmission Companies have been advised…
Mining license obtained for Chaerqi coal mine reconstruction and expansion
Mining

Mining license obtained for Chaerqi coal mine reconstruction and expansion

Fengfeng Coal Coking Company’s 9,00,000 tons/year expansion project of the first phase of Chaerqi Coal Mine obtained a mining license.…
State Grid wind and solar power utilization ratio reaches 98.7%
Renewable Energy

State Grid wind and solar power utilization ratio reaches 98.7%

According to updated statistics, wind and solar power generated in State Grid Corporation of China service areas reached 294.7 TWh…
More than 7 million vehicles with all electric or plug in hybrid drive systems by 2030
Sustainability

More than 7 million vehicles with all electric or plug in hybrid drive systems by 2030

With a ten-year plan for sustainability, BMW Group is underscoring its commitment to the goals of the Paris climate agreement,…
GWEC: Offshore wind will surge to over 234 GW by 2030
Renewable Energy

GWEC: Offshore wind will surge to over 234 GW by 2030

Global offshore wind capacity will surge to over 234 GW by 2030 from 29.1 GW at the end of 2019,…
ShadeSmart & Radiant Cooling technologies promote energy efficient cooling in buildings
Sustainability

ShadeSmart & Radiant Cooling technologies promote energy efficient cooling in buildings

Indian building sector has realized the importance of energy efficiency but it is yet to be effectively integrated in the…
Ampere Electric launches battery subscription plan starting Rs 1,990
Sustainability

Ampere Electric launches battery subscription plan starting Rs 1,990

Ampere Vehicles announces its partnership with Autovert Technologies which leads to a launch of a unique Battery subscription plan through…
NMDC’s iron ore production improves by 35% & sales by 20%
Mining

NMDC’s iron ore production improves by 35% & sales by 20%

The mining major NMDC, India’s largest iron-ore producer and a diversified Navaratna PSU, recorded a sharp rise in overall production…
Change in law payments a Rs 4,000 cr booster for solar
Renewable Energy

Change in law payments a Rs 4,000 cr booster for solar

Recent commencement of Change in Law payments by state power distribution companies (DISCOMS) and Solar Energy Corporation of India (SECI)…
Demise of any CIL employee due to COVID will be treated as accidental death: Pralhad Joshi
Coal

Demise of any CIL employee due to COVID will be treated as accidental death: Pralhad Joshi

Death of Coal India employees due to Coronavirus Pandemic will be treated as accidental death and the kins of employee…
Operating margins of steelmakers set to fall 200 bps to ~15%
Steel

Operating margins of steelmakers set to fall 200 bps to ~15%

Operating margins of primary steel producers are set to decline ~200 basis points (bps) to ~15% this fiscal on weaker…
Largest solar power plant of Indian Navy commissioned
Renewable Energy

Largest solar power plant of Indian Navy commissioned

Vice Admiral Anil Kumar Chawla, Commanding-in-Chief, Southern Naval Command commissioned a 3 MW Solar Power Plant at Indian Naval Academy…
MCE industry reports contraction of volumes by over 20% in CY2020: ICRA
Mining

MCE industry reports contraction of volumes by over 20% in CY2020: ICRA

ICRA continues to maintain negative outlook for the domestic mining and construction equipment (MCE) sector based on the prevailing overall…
Demand brittle for Cement; likely to decline by around 22%-25% in FY2021: ICRA
Infrastructure

Demand brittle for Cement; likely to decline by around 22%-25% in FY2021: ICRA

ICRA expects cement demand to de-grow by 22%-25% in FY2021 given the prolonged nationwide lockdown and subsequent state specific restrictions…
Electricity demand likely to contract due to impact of COVID-19: ICRA
Power

Electricity demand likely to contract due to impact of COVID-19: ICRA

With the re-imposition of lockdown restrictions in many parts across the country, the all India electricity demand is likely to…
JLL’s latest GRET Index reveals significant improvement in India
Infrastructure

JLL’s latest GRET Index reveals significant improvement in India

India’s real estate industry has registered one of the largest improvements globally and regionally in JLL and LaSalle’s biennial Global…
GAIL records 10% increase in PAT to Rs. 6,621 crore in FY 20
Oil & Gas

GAIL records 10% increase in PAT to Rs. 6,621 crore in FY 20

GAIL recorded a Profit after Tax of Rs 6,621 crore for the financial year 2019-20, a rise of 10 %…
ONGC Hazira supplies NATO grade HSD to Indian Navy during lockdown
Oil & Gas

ONGC Hazira supplies NATO grade HSD to Indian Navy during lockdown

ONGC's Team Hazira successfully supplied rail rakes of 3,300 KL volume of NATO Grade HSD to Indian Navy during COVID-19.…
70% of coal-fired power stations may not meet environmental norms by 2022, says study
Coal

70% of coal-fired power stations may not meet environmental norms by 2022, says study

India’s coal-fired power plants have a task ahead, they must meet stringent new emission norms by 2022, which were set…
IOCL raises refinery operations to 60% of design capacity
Oil & Gas

IOCL raises refinery operations to 60% of design capacity

With the demand for petroleum products gradually picking up, Indian Oil has re-started several process units at its refineries that…
NTPC achieves 100% PLF at three of its power stations
Power

NTPC achieves 100% PLF at three of its power stations

NTPC has achieved 100% Plant Load Factor (PLF) on 9th May 2020, at three of its thermal power stations. NTPC…
Indian Oil resumes work on select projects
Oil & Gas

Indian Oil resumes work on select projects

Indian Oil has commenced resumption of stalled activities on the projects front and is fully geared to ramp up operations…
1.51 Crore free LPG cylinders distributed so far to the PMUY beneficiaries
Oil & Gas

1.51 Crore free LPG cylinders distributed so far to the PMUY beneficiaries

More than 1.51 Crore free LPG cylinders have been distributed so far to the PMUY beneficiaries under the Pradhan Mantri…
About 85 lakh PMUY beneficiaries got LPG cylinder in April
Oil & Gas

About 85 lakh PMUY beneficiaries got LPG cylinder in April

GoI has announced pro-poor initiatives under Pradhan Mantri Garib Kalyan Yojana, as part of economic response to Covid-19. This is…
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