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India green lights restructuring of THDC, NEEPCO boards amid a push for expediting hydropower projects

New Delhi, July 21 -- The Department of Public Enterprises (DPE) has green-lit a proposal to restructure the boards of NTPC subsidiaries THDC India Ltd (THDCIL) and North Eastern Electric Power Corp. ... Read More


Fall in coal imports in FY25 led to forex savings worth Rs.60,681 crore, says coal minister

New Delhi, July 21 -- India's coal imports in 2024-25 fell nearly 8% to 243.62 million tonnes, leading to foreign exchange savings of over Rs.60,681.67 crore, said G. Kishan Reddy, the Union minister ... Read More


Centre ask states to ensure occupancy of completed houses under affordable housing scheme

New Delhi, July 21 -- Vacant affordable homes built under a flagship government scheme has prompted the Centre to propose a temporary halt on new projects in some cities. Inadequate infrastructure in... Read More


Russian oil major condemns EU sanctions on Indian refinery, calls it a threat to the country's economy

New Delhi, July 20 -- Moscow-headquarteredRosneft Oil Company on Sunday described the European Union's (EU) latest sanction on Nayara Energy's 20-million tonne refinery in Vadinar, Gujarat as "unjusti... Read More


Nayara refinery to be hit hard by EU sanctions on Russian oil

New Delhi, July 19 -- In measures targeting Russia's ability to raise revenues from its oil and energy sector in the midst of war with Ukraine, the European Union (EU) on Friday unveiled sanctions on ... Read More


ONGC, bp tie up to drill stratigraphic wells in offshore sedimentary basins

New Delhi, July 17 -- State-run Oil and Natural Gas Corp. Ltd (ONGC) on Thursday signed a memorandum of understanding (MoU) with global energy major bp to collaborate on drilling stratigraphic wells i... Read More


India needs $1.5 trillion to meet 2030 climate and energy goals: Deloitte

New Delhi, July 17 -- India will require around $1.5 trillion in investments by 2030 to tackle climate change and accelerate its energy transition, according to a new report by Deloitte. The report, ... Read More


India not worried about possible US sanctions on Russian oil imports: petroleum minister

New Delhi, July 17 -- With US President Donald Trump warning of sanctions on countries that import Russian oil, union minister for petroleum and natural gas Hardeep Singh Puri said India is not worrie... Read More


Govt extends NTPC CMD Gurdeep Singh's tenure by one year till July 2026

New Delhi, July 16 -- The government has proposed to extend the tenure of Gurdeep Singh, chairman and managing director (CMD) of state-run NTPC, by another year till 31 July 2026. Singh's current ter... Read More


India considers new hydro projects with large storage capacity on Indus basin

New Delhi, July 15 -- India is upping the ante in the conflict over terrorism with Pakistan by planning new hydropower projects with large water storage capacity on the Indus, Jhelum, and Chenab river... Read More