Power News

L&T bags international contracts

April 2019

The heavy engineering arm of Larsen & Toubro has won significant contracts for critical reactors, equipment and systems for process plant sector, against stiff global competition.

Tags: Heavy Engineering, Larsen & Toubro, Equipment, YS Trivedi, L&T Heavy Engineering, Refinery, Oil & Gas, Petrochemical, Fertilizer, Thermal, Nuclear Power

BPCL to skip Iran oil purchases in October

October 2018

Due to a turnaround at its plants, Bharat Petroleum Corporation (BPCL) will be skipping the purchase of Iranian oil in October. However, the refiner will be lifting 1 million barrel of Iranian oil in September.

Tags: BPCL, Fire-Hit Hydrocracker, Bina Refinery, Iranian Oil

BPCL to set up Rs 7.47 billion ethanol project in Odisha

August 2018

Bharat Petroleum (BPCL) will be setting up a second-generation ethanol bio-refinery with a capacity of 100 KPLD in Baulsingha village in Bargarh district in an area of 58.44 acres in Odisha.

Tags: Bharat Petroleum, Ethanol Bio-Refinery, Investment

NOCL seeks shareholders´ nod for 47percent stake sale

January 2017

Hyderabad-based Nagarjuna Oil Refinery Ltd will seek shareholders´ approval to sell its 46.78 per cent stake in Nagarjuna Oil Corporation Ltd (NOCL), which is setting up a 6-million-tonne oil refinery in Tamil Nadu, to Allied Machineries and Resources Holdings Inc of Ras Al Khaimah (AMR Group).

Tags: Nagarjuna Oil Refinery Ltd, NOCL, Allied Machineries, Resources Holdings Inc, Ras Al Khaimah, AMR Group, TIDCO

Numaligarh refinery is first oil PSU to achieve 100percent e-invoicing

December 2016

Assam-based Numaligarh Refinery Limited (NRL) has become the first public sector oil company in India to completely do away with manually signed hard-copy invoices and replaced them with digitally signed ones.

Tags: Numaligarh Refinery Limited, Pre-Printed Stationery, Electronically Stored Database

Centre to invest Rs.15,000 cr to expand Panipat refinery

November 2016

The Centre will invest Rs.15,000 crore to increase the capacity of Panipat refinery from existing 15 million tonnes (MT) to 25 MT, Union Oil Minister Dharmendra Pradhan said.

Tags: Panipat Refinery, Dharmendra Pradhan, Ministry Of Petroleum And Natural Gas

IOC charts Rs 1.8-trillion capex

October 2016

State-run refiner Indian Oil Corp will invest Rs.1.8 trillion in the next six-seven years to ramp up capacities in refineries and gas pipeline. IOC Chairman B Ashok said inventories have helped in improving gross refining margins (GRM) to $9.9 per barrel in Q1, which may not be sustained during the rest of the year.

Tags: Indian Oil Corp, B Ashok, GRM, Navaratna Company, Paradip Refinery

NRL signs bio-refinery termsheet with Finland´s Chempolis Oy

June 2016

Numaligarh Refinery Limited (NRL), as part of its efforts to implement its bio refinery project, the first in the country, has signed a bio refinery termsheet with Finlands Chempolis Oy in New Delhi.

Tags: Numaligarh Refinery Limited, Biorefinery Project, Finland Chempolis Oy, Pasi Rousu, S D Maheshwari, Non-Food Biomass

Diesel taxi ban in Delhi won´t hit PSU refineries | Pradhan

June 2016

The ban on diesel taxis in the national capital as well as the temporary ban on sales of vehicles with diesel engines above 2,000 cc capacity will not have any impact on the countrys public sector refinery-cum-retailers.

Tags: Diesel Taxis, Diesel Engines, Refinery-Cum-Retailers, Dharmendra Pradhan, Pradhan Confidence, PSU Refiners, National Capital

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