Cabinet approves Power Grid asset monetization through InvIT
The Cabinet Committee on Economic Affairs, chaired by PM Narendra Modi, in a path breaking reform, has approved monetisation of assets of Power Grid through Infrastructure…
PSU
The latest PSU news, analysis and data from India and across Asia, reported by Energy Asia.
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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 and sales in July 2020 as…
Massive explosion at Baghjan oil field
A massive explosion occurred near well number five of Oil India Limited at Baghjan Oil Field located in Assam’s Tinsukia district. Three foreign experts were injured…
Rajnath Singh launches online portal for issue of NOC for power, oil & gas exploration projects
Defence Minister Rajnath Singh in the presence of MoS for Defence Shripad Y Naik today launched a new web portal for issue of No Objection Certificate…
Additional investment approved for development of A-1 and A-3 Blocks of Myanmar
Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has approved additional investment of US$ 121.27 million (about Rs 909 crore) by ONGC Videsh…
Reforms in exploration and licensing policy
Ministry of Petroleum and Natural Gas is working in collaboration with various Central Government Ministries to make efforts to achieve reduction in import dependency on oil.
ONGC, IOCL sign maiden Crude Oil Sales Agreement for North East
ONGC and IOCL signed Crude Oil Sales Agreement (COSA) for North East on 1st October at New Delhi. The COSA is with effect from 1 April,…
PSU OMCs constrained to stop fuel supply to Air India at six airports
PSU Oil Marketing Companies (OMCs - IOC, BPC and HPC) have been constrained to suspend supply of jet fuel to Air India and Alliance Air flights…
Coal India to own wagons to increase supplies to Power Plants
Coal India Limited (CIL) has set the wheels in motion to purchase its own rail wagons, in a maiden venture, under General Purpose Wagon Investment Scheme,…
MNRE amends bidding guidelines for wind power projects
The Guidelines for Tariff Based Competitive Bidding Process for Procurement of Power from Grid Connected Wind Power Projects was notified on 8th December, 2017.
Modernization of Indian refineries
Indian refineries have adopted modern technologies for production of petroleum products and continuously upgrade the technologies in line with their requirements and international trends.
Electricity generation through atomic energy
The share of atomic energy in the overall electricity generation in the country was about 2.93% in the year 2017-18. Nuclear share has remained around 3%…
Steps to curb fuel adulteration
Public Sector Oil Marketing Companies (OMCs) namely, IOCL, BPCL and HPCL take action against the erring Retail Outlet dealers as per the provisions of Marketing Discipline…
Policy to Increase Export of Steel
Export incentive schemes of Ministry of Commerce & Industry are aimed at incentivising merchandise exports including steel. Over the last three years, steel imports from China…
Ten Indigenous Nuclear Power Reactors to be built in 4 states
Reactors of indigenous technology are being set up by Nuclear Power Corporation of India Limited (NPCIL), a wholly owned PSU of Government of India under the…
First blast furnace of SAIL “Parvati” Rebuilt at Rourkela Steel Plant
Steel Authority of India Ltd. under its modernization and expansion programme, rebuilt the company's first blast furnace ‘Parvati’ situated at SAIL’s Rourkela Steel Plant.
Industrial Welding & 2nd Batch of Pipe Fitter course launched by GAIL
Students of first batch of Pipe Fitter (City Gas Distribution) program have successfully passed the assessment test.
NTPC & IIM-A to create a world class research institute
India's power sector leader NTPC and top business school IIM-Ahmedabad have announced a joint initiative to create a world class research institute at NTPC School of…