Energy

US grants 30-day waiver to India to buy Russian Oil: Treasury Secretary Scott Bessent

To enable oil to keep flowing into the global market, the Treasury Department is issuing a temporary 30-day waiver to allow Indian refiners to...

West Asia Conflict: A look at potential sectoral impact

Energy: A majority of energy is transported through the Strait of Hormuz, located between Oman and Iran and the vital artery for global energy trade,...

Somany Ceramics says supplier restricts gas supply, amid Middle East conflict

Accordingly, SGL has informed that the Daily Contracted Quantity of gas supply shall be provisionally restricted to 50 per cent of the contracted quantity...

Factory output slows to 10-month low

This marks the third straight month of sequential decline in industrial output, last seen during the June–August 2022 period. The slowdown follows an upwardly...

India saves $46.6 bn via clean energy gains in 2024: IRENA

The country saved an estimated $14.9 billion in fossil fuel expenses and avoided 410.9 million tonnes of carbon dioxide emissions over the year. Additionally,...

TNPGCL scraps EPC deal with BGR Energy

The termination pertains specifically to the Balance of Plant (BoP) package, including associated civil works for the 1 x 800 MW power project. The...

L&T arm to build Green Hydrogen Plant at Panipat

To be developed under a build-own-operate (BOO) model, the plant will produce 10,000 tonnes of green hydrogen annually for IOCL over a 25-year period. This...

Evolve Energy lands Odisha project

The project will be located at MCL’s premises in Odisha and will be implemented under the CAPEX model with a six-month completion timeline, targeting...

NLC investment in arm gets Cabinet nod

The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, granted special exemption from investment restrictions—including the 30% net worth cap imposed...

IIT-M to host green hydrogen centre

IIT Madras will host the new innovation Centre, which will span a sprawling 65,000 sq. ft. at its Discovery Campus in Thaiyur. The facility...

Jindal Mobilitric awaits nod for E2W

The company has already submitted the EV model for homologation and is currently awaiting government approval. Once the approval is granted, the company plans...

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US grants 30-day waiver to India to buy Russian Oil: Treasury Secretary Scott Bessent

To enable oil to keep flowing into the global...

West Asia Conflict: A look at potential sectoral impact

Energy: A majority of energy is transported through the Strait...

Somany Ceramics says supplier restricts gas supply, amid Middle East conflict

Accordingly, SGL has informed that the Daily Contracted Quantity...

GAIL mulls supply cuts on customers, amid Force Majeure notices

GAIL said its long-term suppliers, Petronet LNG Ltd, has...

US Trade court orders tariff refunds: report

"All importers of record whose entries were subject to...