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AMI orders 20,000 Nvidia GPUs in $4 billion deal

New Delhi, Oct. 6 -- Greenko founders-backed AM Intelligence (AMI) has placed orders for 20,000 Nvidia Rubin graphics processing units (GPUs) for around $4 billion to set up a 70MW capacity, according... Read More


Greenko founders-backed AM Intelligence orders 20,000 Nvidia GPUs in $4 billion deal

New Delhi, Oct. 5 -- Greenko founders-backed AM Intelligence (AMI) has placed a binding order for 20,000 Nvidia Rubin graphics processing units (GPUs) in a deal valued at around $4 billion to set up a... Read More


Haldia Petrochemicals-arm Adperma plans public listing, downstream expansion, says MD Navanit Narayan

New Delhi, Oct. 4 -- State-run Indian Oil Corp-backed Haldia Petrochemicals Ltd's (HPL) speciality chemicals and advanced polymers subsidiary, Adperma Pvt. Ltd, is exploring a public listing. Private... Read More


Mint Explainer | How the GOBARdhan scheme helps in achieving energy security and transition

NEW DELHI, Oct. 2 -- The ministry of petroleum and natural gas launched GOBARdhan, a central sector scheme for development of the compressed biogas (CBG) sector, on Thursday. The Rs.23,731 crore schem... Read More


Petroleum ministry to intervene as private refiners cap diesel sales

New Delhi, Oct. 1 -- The Centre will raise the issue of recent diesel sales restrictions with private refiners and ask them to roll back the move, said Neeraj Mittal, secretary, Union ministry of petr... Read More


Power prices plunge near zero on exchanges as rains ease demand

New Delhi, Oct. 1 -- Heavy rains and a late-month drop in electricity demand pushed power prices on exchanges to near-zero levels in several trading blocks in the last week of September, according to ... Read More


India Energy Week 2027 to focus on energy security amid global oil-market volatility

New Delhi, Sept. 28 -- Amid a tightening global oil market due to the war in West Asia, the upcoming India Energy Week 2027 will seek to advance practical solutions to challenges facing the global oil... Read More


Trump 'No' to Iran's peace offer sends oil soaring

New Delhi, Sept. 28 -- Crude oil prices surged over 4% on Monday, after US president Donald Trump rejected Iran's offer to reopen the Strait of Hormuz if the US halts military strikes. Around 6.30 pm... Read More


India plans LNG storage boost, a pipeline tariff surcharge to support

New Delhi, Sept. 25 -- India is considering a plan to set up 15 additional overground liquefied natural gas (LNG) storage tanks across the country, boosting the nation's storage capacity by about two ... Read More


Draft National Electricity Policy set for inter-ministerial consultation

New Delhi, Sept. 24 -- New Delhi: The Union power ministry has sent the draft National Electricity Policy 2026 for inter-ministerial consultation, said power secretary Pankaj Agarwal on Thursday. Add... Read More