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Govt announces bailout for gas projects, lenders
Thu, Mar 26 2015. 01 24 AM

Govt announces bailout for gas projects, lenders

Under the plan, state-owned MSTC Ltd will set in motion a so-called reverse e-bidding process for supply of electricity to distribution companies
Alternative strategy for awarding coal linkages by 30 June: Anil Swarup
Thu, Mar 26 2015. 01 24 AM

Alternative strategy for awarding coal linkages by 30 June: Anil Swarup

The coal secretary has put together a template which is now being studied as a primer for allocation of natural resources
Tata Power to acquire 50% stake in ITPC
Wed, Mar 25 2015. 09 49 PM

Tata Power to acquire 50% stake in ITPC

The company said it has entered into a share and purchase agreement with Tata Africa for the stake in ITPC for an undisclosed amount
SunEdison buying Imergy batteries for microgrids in rural India
Wed, Mar 25 2015. 05 48 PM

SunEdison buying Imergy batteries for microgrids in rural India

SunEdison is seeking to develop 5,000 such systems by 2020 to store solar energy for 20 million people who otherwise wouldn’t have electricity
Oil steadies above $55 as US Chinese stocks fill
Wed, Mar 25 2015. 03 22 PM

Oil steadies above $55 as US Chinese stocks fill

US crude oil inventories rose by 4.8 million barrels in the week to 20 March, pushing total US crude oil stockpiles to record highs above 450 million barrels
Govt allots 38 coal mines to central, state PSUs
Wed, Mar 25 2015. 02 00 AM

Govt allots 38 coal mines to central, state PSUs

The move comes on the heels of the auction of 33 coal blocks in two tranches to private companies with the government garnering over Rs.2 trillion
Piyush Goyal defends govt decision to cancel bids of JSPL, Balco
Wed, Mar 25 2015. 01 56 AM

Piyush Goyal defends govt decision to cancel bids of JSPL, Balco

Bids rejected for sake of transparency and ensuring people get optimum compensation for resources, says Goyal
Greenko Group plans to increase capacity to 5,000MW by 2020
Wed, Mar 25 2015. 01 52 AM

Greenko Group plans to increase capacity to 5,000MW by 2020

The renewable energy firm is looking at hydropower assets in the range of 50-100MW
Indian Oil seeks 2 million barrels Basra oil for strategic reserve
Tue, Mar 24 2015. 09 57 PM

Indian Oil seeks 2 million barrels Basra oil for strategic reserve

HPCL is also expected to issue a tender for Iraq’s Basra light oil
Coal imports to jump 19% to 200 million tonnes in 2014/15: Coal secretary
Tue, Mar 24 2015. 08 36 PM

Coal imports to jump 19% to 200 million tonnes in 2014/15: Coal secretary

Coal India is expected to boost output by 50 million tonnes in 2015/16 to 550 million tonnes, Swarup said
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