L&T bags international contracts
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.
BPCL to skip Iran oil purchases in October
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.
ONGC to not subsidise fuel
Earlier, the government had considered of regulating the fuel prices and imposing a subsidy burden on the Oil and Natural Gas Corporation (ONGC), if the crude oil breached a certain level.
Iran offers discounted oil to Asia
State news agency IRNA reported Iran selling oil and gas at a discount to Asian customers as it prepares for the return of the US sanctions.
Not just energy efficient, our products are smarter too
We have displayed energy efficient motors. Internet of Things (IoT) is bringing a revolution in the motor business. New slip-ring motors, which are displayed, is highly energy efficient. When we talk about power consumptions, motors play a major role.
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