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Major oil & gas discovery expected from blocks offered in OALP rounds, says Oil India CMD

New Delhi, April 16 -- New Delhi: It is only a matter of time before a major oil and gas discovery is made from acreages offered under the Open Acreage Licensing Programme (OALP) rounds, Ranjit Rath, ... Read More


ONGC bags 15 blocks in OALP-IX, ties up with bp, RIL for Saurashtra basin block

New Delhi, April 15 -- The results of the ninth round of auctions for 28 hydrocarbon blocks under the Centre's Open Acreage Licensing Policy (OALP) were announced on Tuesday, with state-run Oil and Na... Read More


PTC India appoints ABC Consultants to find new CMD amid ongoing restructuring

New Delhi, April 15 -- Power trading company PTC India Ltd has hired Delhi-based ABC Consultants to lead the search for a new chairman and managing director (CMD), according to two people familiar wit... Read More


Thermal power capacity addition slows 32% in FY25 due to project execution problems

New Delhi, April 15 -- The capacity addition of thermal power generation capacity in the country slowed down about 32% during the first 11 months of FY25 amid delay in commissioning of projects. As o... Read More


BP eyes major expansion in India's oil and gas sector through RIL, ONGC ties

New Delhi, April 14 -- Global energy giant BP Plc is eyeing an expansion of its oil and gas exploration and production (E&P) operations in India through its partnerships with Reliance Industries Ltd (... Read More


Mauritius seeks India's help to bolster energy security, accelerate transition

New Delhi, April 11 -- Facing record electricity demand and a looming climate deadline, Mauritius has turned to India for help. The island nation is seeking New Delhi's support-both technical and fin... Read More


International Solar Alliance to collaborate with Mauritius on solar power roadmap, regulatory frameworks

Port Louis, April 10 -- The International Solar Alliance (ISA) on Thursday signed the Country Partnership Framework (CPF) with the government of Mauritius, paving the road for collaboration in terms o... Read More


Solar energy investments in developing countries down 20%, says ISA

New Delhi, April 10 -- Port Louis: Investments into solar energy in developing countries have fallen 20% on an annual basis so far this year despite the need for energy transition. That warrants enhan... Read More


JSW Energy acquires O2 Power for enterprise value of Rs.12,468 crore

New Delhi, April 9 -- JSW Neo Energy Ltd, a wholly-owned subsidiary of JSW Energy Ltd, has completed the acquisition of renewable energy platform O2 Power for an enterprise value of around Rs.12,468 c... Read More


Delhi's power demand hits its highest level so far this summer

New Delhi, April 9 -- Amid rising temperatures in the capital city, Delhi's demand for electricity touched 5,462 MW on Wednesday afternoon, the highest so far this summer. The demand was up from Tues... Read More