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Inox Clean arm to acquire 640 MW hybrid power portfolio of Evergreen Group

New Delhi, Sept. 11 -- Inox Neo Energies Ltd is expanding its clean-power pipeline with a 640-MW hybrid acquisition from the Evergreen Group. The deal strengthens its position in India's renewable rac... Read More


India's coking coal imports to jump 42% by 2030 on steel demand, says report

New Delhi, Sept. 10 -- India's coking coal imports are expected to rise nearly 42% to 115 million tonnes by the end of the decade, driven by surging demand from the steel sector, according to a report... Read More


Regulator warns city gas companies against delaying submisison of performance bond guarantees

New Delhi, Sept. 5 -- The petroleum and natural gas regulator has warned that it will encash bank guarantees and terminate contracts of city gas distributors if they fail to submit annual performance ... Read More


Coal stocks at thermal plants up 27% on lower power demand amid robust rains

New Delhi, Sept. 3 -- India's coal stocks at its thermal power plants are at 47.5 million tonnes (mt), about 27% higher than the year-ago level of 37.2 mt, said two people in the know of the developme... Read More


Sanjay Kumar Singh takes charge as interim CMD of NHPC

New Delhi, Sept. 1 -- Sanjay Kumar Singh, NHPC's director (projects), has been appointed as the interim chairman and managing director (CMD) of the state-run hydropower company. The power ministry ap... Read More


Russian oil discounts likely to continue at current levels post new price cap implementation

New Delhi, Sept. 1 -- India's oil refiners are expected to benefit from discounts on Russian oil even after a new price cap imposed by the European Union (EU) takes effect next month, three people in ... Read More


Nalco charts green alumina path by 2030-even as coal expansion looms

NEW DELHI, Aug. 31 -- State-run National Aluminium Co. Ltd (Nalco) plans to begin producing green alumina by 2030, ramping up renewable energy capacity to align with India's energy transition and risi... Read More


ONGC expects major recovery from Mumbai High in 14 months

New Delhi, Aug. 29 -- State-run Oil and Natural Gas Corp. Ltd (ONGC) expects a major recovery in crude oil output from the Mumbai High field within the next 13-14 months, as it works with UK-based ene... Read More


Nayara Energy appoints Teymur Abasguliyev as CEO, effective September

New Delhi, Aug. 26 -- Nayara Energy on Tuesday said it has appointed Teymur Abasguliyev as its new chief executive officer (CEO), who will take charge of the company backed by Russian oil giant Rosnef... Read More


ONGC plans to set up trading unit for crude, petroleum products

New Delhi, Aug. 26 -- State-run Oil and Natural Gas Corp. (ONGC) is looking to set up a trading unit for oil & gas, petroleum products and petrochemicals produced by its group companies, according to ... Read More