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JUN 13 2012

Bharti Infratel keen on solar energy solutions from global companies

  • Economic Times, Kalyan Parbat, ET Bureau / Kolkata, 13 June 2012
  • Created:Wed 13th JUN 2012

Tower company Bharti Infratel will soon invite bids for buying solar energy solutions worth $300 million from international suppliers for powering about 8,000 sites in its bid to cut diesel ...

JUN 13 2012

Dealing with blackouts

  • Financial Express, V Radhakrishnan, 13 June 2012
  • Created:Wed 13th JUN 2012

Temporary power can help industry tide over power cutsThe Indian economy has grown at an accelerated rate over the last five years and is poised to ...

JUN 13 2012

GAIL to set up 1,000 MW power plant in Punjab

  • Economic Times / Chandigarh, 13 June 2012
  • Created:Wed 13th JUN 2012

The Punjab government on Tuesday approved a 1,000-MW power plant to be set up in the state's Ropar district, a spokesman of the chief minister's office said here. ...

JUN 13 2012

Suzlon Energy may get 45-day breather on FCCB repayment

  • Economic Times, Rachita Prasad, ET Bureau / Mumbai, 13 June 2012
  • Created:Wed 13th JUN 2012

Suzlon Energy is likely to get a breather on Monday when its foreign currency bond holders may approve of the 45-day repayment extension sought by the loss-making wind turbine maker, saving ...

JUN 13 2012

PMO pushed bidding for captive coal mines in 2004, says TKA Nair

  • Economic Times, Rohini Singh, ET Bureau / New Delhi, 13 June 2012
  • Created:Wed 13th JUN 2012

TKA Nair, the adviser to Prime Minister Manmohan Singh, has said the Prime Minister's Office (PMO) did not stall or delay a move to allow competitive bidding for captive coal mines in ...

JUN 13 2012

Coal Ministry to cooperate with CBI probe in irregularities

  • Business Line, PTI / New Delhi, 13 June 2012
  • Created:Wed 13th JUN 2012

With CBI initiating a preliminary enquiry into alleged irregularities in mines allocation, Coal Minister Mr Sriprakash Jaiswal on Tuesday said he has asked his ministry to fully cooperate ...

JUN 13 2012

Oil extends losses as Euro Zone optimism fades

  • Business Line, PTI / Singapore, 13 June 2012
  • Created:Wed 13th JUN 2012

Oil extended losses in Asian trade today as investors euphoria over a week-end deal for Spanish banks faded amid renewed concerns over the troubled Euro Zone.Expectations ...

JUN 13 2012

Oil Ministry pitches for additional excise duty on diesel vehicles

  • Business Line, Our Bureau / New Delhi, 13 June 2012
  • Created:Wed 13th JUN 2012

The Petroleum Ministry has once again pressed for imposing additional excise duty on diesel vehicles.In a letter to the Finance Minister, Mr Pranab Mukherjee, the ...

JUN 13 2012

ONGC sweetens VRS package; offers employees medical benefits without extra cost

  • Economic Times, Rajeev Jayaswal, ET Bureau / New Delhi, 13 June 2012
  • Created:Wed 13th JUN 2012

Hoping to trim its bloated workforce and reduce the number of non-performing employees, state-run Oil & Natural Gas Corp (ONGC) has come up with a sweetened separation package. ...

JUN 13 2012

Need to explore alternatives to Iranian oil: Official

  • Economic Times, ET Bureau / New Delhi, 13 June 2012
  • Created:Wed 13th JUN 2012

Indian refiners need to further cut import of Iranian oil even though it has been exempted from US sanctions, oil industry executives said a day after Washington said it won't impose ...

JUN 13 2012

Opec price hawks call onSaudi Arabia to cut oil output

  • Mint, Reuters, Alex Lawler / 13 June 2012
  • Created:Wed 13th JUN 2012

The Organization of the Petroleum Exporting Countriess (Opecs) price hawks on Tuesday called on Saudi Arabia to rein in excess production to stem a slide in oil prices that has knocked $30 ...

JUN 13 2012

US oil majors eye TAPI gas project

  • Business Line, Richa Mishra / New Delhi, 13 June 2012
  • Created:Wed 13th JUN 2012

Exxon, Chevron keen on upstream, pipeline participationTurkmenistan's South Yolotan Osman gas fields, which will be source for the ...

JUN 13 2012

Petronet plans to pick up stake in Kochi LNG shipping venture

  • Mint, P. Manoj / 13 June 2012
  • Created:Wed 13th JUN 2012

Petronet may hold up to 49% of the shipping firm formed to haul gas to its new terminal coming up in KeralaPetronet LNG Ltd, Indias biggest importer of ...

JUN 13 2012

Kochi-Bangalore gas pipeline project gets regulatory approval

  • Mint, Shamsheer Yousaf / 13 June 2012
  • Created:Wed 13th JUN 2012

The Petroleum and Natural Gas Regulatory Board (PNGRB) has approved the 1,104km Kochi-Bangalore natural gas pipeline. The project, first mooted by GAIL (India) Ltd in July 2007, got the ...

JUN 13 2012

Reliance cautions on further dip in KG-D6 output

  • Business Line, PTI / New Delhi, 13 June 2012
  • Created:Wed 13th JUN 2012

With KG-D6 output hitting an all- time low, Reliance Industries has warned that production will continue to decline as government is not approving investments needed to boost ...

JUN 13 2012

PNGRB staff face conflict of interest

  • Financial Express, Subhash Narayan, Prashant Mukherjee / New Delhi, 13 June 2012
  • Created:Wed 13th JUN 2012

The Petroleum and Natural Gas Regulatory Board (PNGRB) is faced with a conflict of interest arising from its senior staff being from companies like GAIL, Indian Oil and HPCL, which the board ...

JUN 12 2012

Developers see CWC, CEA and Forest Ministry as delayers on energy front

  • Economic Times, Masood Hussain, ET Bureau / Srinagar, 12 June 2012
  • Created:Tue 12th JUN 2012

At an international hydropower conference here, Union Water Secretary Dhruv Vijay Singh had a difficult time in defending various central government institutions accused by various ...

JUN 12 2012

Suzlon Energy gets 45-day breather to repay $360-m convertible bonds

  • Financial Express, Geeta Nair / Pune, 12 June 2012
  • Created:Tue 12th JUN 2012

Company needs to repay close to $700 m worth of debt this yearSuzlon Energy said on Monday that bondholders had allowed the company to reschedule repayments of foreign ...

JUN 12 2012

Kerala cannot accept Gadgil report on Western Ghats: CM

  • Business Line, PTI / Thiruvananthapuram, 12 June 2012
  • Created:Tue 12th JUN 2012

Kerala today said it cannot accept recommendations of the Madhav Gadgil report on Western Ghats as most of its suggestions were impractical to implement and said the state could protect its ...

JUN 12 2012

`India to supply 500 MW of power to Pakistan

  • Business Line, PTI / Srinagar, 12 June 2012
  • Created:Tue 12th JUN 2012

India will supply 500 megawatts of electricity to Pakistan for which the transmission lines are being laid, Water Resources Secretary Mr Dhruv Vijay Singh said ...