Tag Archives: energy independence

RINL plans to reduce its iron-ore dependence on NMDC

KOLKATA: Rashtriya Ispat Nigam (RINL) is working on a strategy to reduce its dependence on iron ore from state-owned miner NMDC in a bid to persify its risk profile and minimise disruption in raw material supplies. Stung by rain hitting … Continue reading

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Government approves allocation of 5 coal blocks, to generate Rs 17,136 crore revenue

New Delhi: The Centre on Thursday approved allocation of five coal blocks, including two to Birla Corporation and one to Vedanta, and said the mines will generate a revenue of Rs 17,136 crore for the government. For the first time, … Continue reading

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Legrand India to scale up manufacturing, also open to acquisitions: CEO

MUMBAI: French electrical equipment maker Legrand plans to scale up its manufacturing capability in India as it persifies its presence here and scouts for acquisition opportunities with an eye on the local market potential. “Our target is clear: We are … Continue reading

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GAIL to set up battery charging stations for e-vehicles

GAIL India, the country’s largest gas transportation and marketing company, plans to set up battery charging stations for electric vehicles as well as build solar plants as it looks to be “future ready” for emerging businesses, a senior company official … Continue reading

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GAIL seeks foray into solar power plants, battery charging stations

State-owned GAIL India has sought shareholder nod to amend the charter of the company to invest in start-ups, build solar power plants and set up battery charging stations for electric vehicles as it looks to persify its portfolio beyond gas … Continue reading

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Soon, oil from kitchen can be used in your cars

Soon, you may be able to use your cooking oil as an alternate fuel to run cars. This can become a reality after a successful experiment of using biofuel in airplane. The Dehradun-based Indian Institute of Petroleum is now working … Continue reading

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10,000 CNG stations to be set up in 10 years: Pradhan

In a major push towards CNG transportation in the personal mobility space, Dharmendra Pradhan, the minister of petroleum and natural gas has announced rollout of 10,000 CNG gas station in a decade at the Society of Indian Automobile Manufacturers (Siam) … Continue reading

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Government to launch delayed second round of oil block auction on Monday

After months of delay, India will Monday launch the second auction of 14 blocks for prospecting of oil and gas in an attempt to raise domestic output to cut imports. Officials said the Open Acreage Licensing Policy (OALP) bid round-II, … Continue reading

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India expected to get $58B investment in upstream sector: Dharmendra Pradhan

NEW DELHI: India is expected to receive an estimated $58 billion of investment in the upstream sector by 2023, oil minister Dharmendra Pradhan has said. Speaking at an industry conference, the minister also highlighted the need to bring petroleum products, … Continue reading

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Natural gas consumption to rise 3-folds in 10 yrs for 15% target: Pradhan

India’s natural gas consumption will have to rise more than three-folds in next 10 years for the environment friendly fuel’s share to increase to 15 per cent in the country’s energy basket, Oil Minister Dharmendra Pradhan said on Thursday adding … Continue reading

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