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Oil India has recovered over 91% of its $1 bn investment in Russia projects

New Delhi, Sept. 18 -- Oil India has recovered over 91% of its $1 billion investment in Russia's Vankorneft and Taas Yuryakh projects, receiving about $942 million in dividends, and expects full recov... Read More


India's monster oil hoard tempts IndianOil and Trafigura to L&T

New Delhi, Sept. 18 -- Multiple energy and engineering giants, including Indian Oil Corp., Trafigura, Vitol, and Larsen & Toubro Ltd, have shown interest in developing a strategic crude reserve at Cha... Read More


India's monster oil hoard tempts IndianOil and Trafigura to L&T

New Delhi, Sept. 18 -- New Delhi: Multiple energy and engineering giants, including Indian Oil Corp., Trafigura, Vitol, and Larsen & Toubro Ltd, have shown interest in developing a strategic crude res... Read More


Govt notifies policy for geothermal energy, sanctions pilot projects to assess viability

New Delhi, Sept. 17 -- The union ministry of new and renewable energy on Wednesday notified the national policy on geothermal energy to reinforce efforts for energy transition and achieving net zero c... Read More


Mint Explainer | India is building new strategic petroleum reserves: Here is why

New Delhi, Sept. 16 -- India has reportedly awarded Megha Engineering & Infrastructures Ltd (MEIL) the contract for its first private-sector strategic petroleum reserve (SPR) at Padur, Karnataka. This... Read More


India needs to fix $1.5-tn green finance gap. Here's how it plans to do it

New Delhi, Sept. 15 -- The government is holding consultations on ways to mobilize about $1 trillion in green finance to boost investments into clean energy as the 2030 deadline for 500 gigawatts of r... Read More


India weighs models to raise $1-tn in green finance

New Delhi, Sept. 15 -- The government is holding consultations on ways to mobilize about $1 trillion in green finance to boost investments into clean energy as the 2030 deadline for 500 gigawatts of r... Read More


Oil India partners with Rajasthan's power generator for green projects

New Delhi, Sept. 11 -- Government-owned Oil India Ltd has partnered with Rajasthan's state-run power producer to generate renewable energy. On Thursday, Oil India's (OIL) board approved the formation... Read More


India prepares roadmap to cut reliance on China in solar manufacturing inputs

New Delhi, Sept. 11 -- India's new and renewable energy ministry is finalizing a roadmap to develop a local ecosystem to manufacture wafers, ingots and polysilicon in the country, used to make solar p... Read More


Sun stroke for solar projects, change in rule traps developers

New Delhi, Sept. 11 -- Uncertainty clouds 12 GW of renewable power capacity with a potential of Rs.72,000 crore worth of investments awarded between December and July, after a well-meaning change in r... Read More