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Growth Spearhead
January 2017
Vikram Solar has announced the appointment of Nimish Jain as its new head of global module sales. In the new role, he would be responsible for driving sales in both domestic and international markets.
India to invest $20 billion in gas fields | Pradhan
January 2017
India will see an investment of about $20 billion in gas field development in the next five to seven years and is looking to boost usage of the green fuel and double consumption, Oil Minister Dharmendra Pradhan said.
Sell domestic LPG only to PSU oil firms | Govt
January 2017
The government has ordered LPG producers like Reliance Industries to supply all LPG they produce locally to state-owned oil companies only, and private retailers have been asked to source their requirements through imports.
Undervalued Gold
December 2016
Biomass energy is generated through organic matter and can be utilised for various applications, to produce heat and electricity, or used in combined heat and power (CHP) plants; in combination with fossil fuels (co-firing) to improve efficiency and reduce the build up of combustion residues; to replace petroleum as a source for transportation fuels.
Thermal power generation rose by 0.3 pc in Q2 | Report
November 2016
Despite higher availability of coal, thermal power generation rose by a meagre 0.3 per cent during July-September quarter as compared to the corresponding period last fiscal, owing to lower system demand, as per a report by Reliance Securities.
Upgrades of extant capacities to cost Rs.2.4 lakh crore
October 2016
New thermal plants deploying super-critical technology contribute significantly to reduction in CO2 emissions. The focus for coal-based power sector should be efficient management, especially in the areas of Plant Load Factor (PLF), efficiency improvement, pollution control, water consumption and ash utilisation
Govt set to start talks on merging 13 state oil companies
September 2016
The government is set to start consultations for an ambitious plan to merge 13 state oil firms to create a giant corporation whose revenue dwarfs global energy major Chevron which competes with US conglomerate General Electric in the Fortune-500 ranking.
CAG red-flags $1.6 billion excess cost recovery by RIL
September 2016
Government auditor CAG has red-flagged $1.6 billion of excess cost recovered by Reliance Industries in the KG-D6 gas block and took note of state-owned ONGC´s gas flowing into the eastern offshore fields of the Mukesh Ambani-led firm
PM´s oil quest offers lifeline to service firms
August 2016
The government´s ambition to cut fuel imports has driven fresh investment of Rs.1.8 trillion, offering a lifeline to global oilfield service providers starved of new contracts.
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