Oil marketing companies increase price of 19 kg commercial LPG cylinder by Rs 39
LPG Price Hike Update: Oil marketing companies have raised the price of 19 kg commercial LPG cylinders by Rs 39, making the new cost Rs 1,691.50 in Delhi. This follows
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S M Vaidya steps down as IOC chairman after steering company to unprecedented heights
Revenue from operations also saw a significant growth, rising by 53 per cent from Rs 5,66,354 crore to Rs 8,66,345 crore during the same period. Additionally, IOC’s market capitalisation tripled,
Finance Ministry adds four new navratnas
Finance minister Nirmala Sitharaman has given the navratna status to four more state-owned public enterprises – Satluj Jal Vidyut Nigam Ltd, Solar Energy Corporation of India Ltd, Railtel Corporation of
Bharat Petroleum to invest Rs 75,000 crore in expanding refining capacity
Bharat Petroleum Corp plans a ₹75,000 crore investment over the next five years to expand its refining and petrochemical capacities, aiming to cater to the rising energy demand in India.
Continue readingBharat Petroleum to invest Rs 75,000 crore in expanding refining capacity
Govt slashes windfall tax on petroleum crude to Rs 1,850/tonne
After the recent cut this month, the goverment on Friday reduced windfall gains tax on petroleum products to Rs 1,850/tonne from Rs 2,100/tonne effective August 31, said official note. Previously,
Continue readingGovt slashes windfall tax on petroleum crude to Rs 1,850/tonne
Power Grid Corp acquires Bhadla-III & Bikaner-III Transmission
Power Grid Corporation of India has acquired the project special purpose vehicle Bhadla-III and Bikaner-III Transmission Ltd through tariff-based competitive bidding. This project will establish a transmission system to strengthen
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From Sept 1, power will be disconnected if bills are not paid: State-owned firm BESSCOM
The Bangalore Electricity Supply Company (BESCOM) announced that from September 1, electricity supply will be disconnected if bills or additional security deposits are not paid within 30 days. This action
Numaligarh Refinery Limited reports progress on mega expansion project
Numaligarh Refinery Limited in Assam announced progress in its mega expansion project, aiming to increase capacity from 3 to 9 MMTPA by December 2025. The company declared a final dividend
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Govt grants Navratana status to power PSUs NHPC, SJVN
The government has granted ‘Navratna’ status to NHPC, SJVN, and SECI, enhancing their operational and financial autonomy. This recognition will support major investment plans and drive growth, significantly impacting the
Continue readingGovt grants Navratana status to power PSUs NHPC, SJVN