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JUN 11 2012

Petrol hike should have been done in spread out manner: Sharad Pawar

  • Economic Times, ET Bureau / Mumbai, 11 June 2012
  • Created:Mon 11th JUN 2012

Agriculture minister Sharad Pawar has said that the UPA government could have managed the petroleum price hike in a better manner, to spread out the burden over a longer period of time. ...

JUN 11 2012

Say no to diesel subsidy

  • Business Line, 11 June 2012
  • Created:Mon 11th JUN 2012

This refers to “Auto firms get a week to submit impact report if excise is hiked on diesel cars” (Business Line, June 7).The Government may have woken ...

JUN 11 2012

ONGC interested in Haldia Petrochemicals

  • Business Standard, PTI / New Delhi, 11 June 2012
  • Created:Mon 11th JUN 2012

WB govt has expressed intention to offload its 43% stake in the joint sector companyState-owned ONGC is interested in acquiring West Bengal government's stake in ...

JUN 11 2012

Saudi Arabia to adjust tone at Opec but little incentive to ease back on the throttle

  • Economic Times, Reuters / 11 June 2012
  • Created:Mon 11th JUN 2012

Next week's Opec meeting will be a tricky balancing act for Saudi Arabia but barring a sudden slump in the price of crude oil, the result is likely to be a roll over of policy. ...

JUN 11 2012

BP seeks $15bn spill settlement

  • Financial Times, Guy Chazan / London, 11 June 2012
  • Created:Mon 11th JUN 2012

BP is hoping to reach a settlement with the US authorities in which it would pay less than $15bn to resolve all criminal and civil penalties and damages arising from the 2010 Deepwater ...

JUN 11 2012

Discovery at Africa's basin where Videocon & BPCL hold stake may strengthen India's energy security

  • Economic Times, Shuchi Srivastava, ET Bureau / Mumbai, 11 June 2012
  • Created:Mon 11th JUN 2012

Natural gas reserves in Mozambique's oil-rich Rovuma Basin, where Indian companies hold stakes, are expected to rise dramatically with a giant new discovery, catapulting the African ...

JUN 11 2012

OIL to hop on to gas bandwagon

  • Business Line, Richa Mishra / New Delhi, 11 June 2012
  • Created:Mon 11th JUN 2012

Oil India Ltd (OIL) is the latest to join the fray for getting into the liquefied natural gas (LNG) business. The company is looking at the end of this fiscal to enter the ...

JUN 11 2012

British Gas might lower price for Gujarat Gas sale

  • Business Standard, Kalpana Pathak / Mumbai, 11 June 2012
  • Created:Mon 11th JUN 2012

British Gas might have finally blinked on the Gujarat Gas issue. According to sources from the consortium led by Gujarat State Petroleum Corp (GSPC), it has agreed to lower its ...

JUN 11 2012

Mukesh Ambani to divest minority stake in RGTIL: Official

  • Economic Times, Shuchi Srivastava, ET Bureau / Mumbai, 11 June 2012
  • Created:Mon 11th JUN 2012

Mukesh Ambani is keen to divest a minority stake in Reliance Gas Transportation Infrastructure (RGTIL), a pipeline company that he controls, to get better returns on his initial investment, ...

JUN 09 2012

Greening our power supply

  • Business Line, Saurabh Kumar / 09 June 2012
  • Created:Sat 09th JUN 2012

Emissions from super-critical thermal plants are lower than conventional ones.Super-critical thermal plants and renewable energy obligations of utilities can work as ...

JUN 09 2012

Essar Energy gets final approval for Indonesian coal block

  • Economic Times, PTI / New Delhi, 09 June 2012
  • Created:Sat 09th JUN 2012

Essar Energy today said it has received final forest approval for its Aries coal mine in Indonesia. "This is the final approval needed ahead of commencement of ...

JUN 09 2012

Alstom bags contracts worth Rs 55 crore from NTPC

  • Economic Times, Debjoy Sengupta, ET Bureau / Kolkata, 09 June 2012
  • Created:Sat 09th JUN 2012

Alstom in India has secured two strategic contracts for the execution of turnkey station control and instrumentation for NTPC's 660 mw supercritical projects for Solapur II and Mouda II ...

JUN 09 2012

Lanco expects pending SEB payments in 6 mths

  • Business Standard, Katya B Naidu / Mumbai, 09 June 2012
  • Created:Sat 09th JUN 2012

The increase in power rates in Tamil Nadu is a relief for Lanco Infratech, facing delayed payments from state electricity boards (SEBs).The company is yet to receive ...

JUN 09 2012

Apoorva Renewable Energy to make solar-electric buses for transport body

  • Business Line, Bangalore, 09 June 2012
  • Created:Sat 09th JUN 2012

Buses in Bangalore may soon be powered by solar energy. The Bangalore Metropolitan Transport Corporation (BMTC) has placed orders with Apoorva Renewable Energy Products to design ...

JUN 09 2012

Jajjar Power enters fuel supply pact with CIL

  • Business Line, Our Bureau / Kolkata. 09 June 2012
  • Created:Sat 09th JUN 2012

It's private sector that is leading the race to enter fuel supply agreement (FSA) with Coal India Ltd (CIL). On Friday, China Light and Power (CLP)-operated Jajjar Power Ltd has entered ...

JUN 09 2012

Mytrah wind farm capacity to cross 500 MW by March 2013

  • Business Line, V. Rishi Kumar / Hyderabad, 09 June 2012
  • Created:Sat 09th JUN 2012

Independent power producer Mytrah Energy Ltd is set to increase the total installed capacity of the company’s wind assets to 500 MW by March next."From ...

JUN 09 2012

HZL to plant 70,000 saplings at its Rajasthan mine

  • Business Line, Our Bureau / Mumbai, 09 June 2012
  • Created:Sat 09th JUN 2012

This was part of the company's green initiative to plant one lakh saplings in the next seven days.Hindustan Zinc plans to plant 70,000 saplings at ...

JUN 09 2012

NFC supply of fuel assembly to NPCIL touches 5 lakhs

  • Business Line, Our Bureau / Hyderabad, 09 June 2012
  • Created:Sat 09th JUN 2012

In a milestone achievement, Nuclear Fuel Complex (NFC) has handed over the 5 lakh nuclear fuel assembly to the Nuclear Power Corporation of India Limited (NPCIL) today.The ...

JUN 09 2012

TANGEDCO wants banking of wind power abolished

  • Business Line, M Ramesh / Chennai, 09 June 2012
  • Created:Sat 09th JUN 2012

The Tamil Nadu Generation and Distribution Company (TANGEDCO), which is the state electricity generation and distribution utility, on Friday made a plea before the Tamil Nadu Electricity ...

JUN 09 2012

Tangedco against hike in power tariff for renewable energy

  • Business Line, Our Bureau / Chennai, 09 June 2012
  • Created:Sat 09th JUN 2012

Wind mill, sugar mills cogen units push for hikeThe Tamil Nadu Generation and Distribution Company (Tangedco), the State power utility, argued against ...