Sudheer Pal Singh &Amp; Jyoti Mukul In New Delhi

Stories by Sudheer Pal Singh &Amp; Jyoti Mukul In New Delhi

Dabhol to sell power outside Maharashtra

Dabhol to sell power outside Maharashtra

Rediff.com   16 May 2011

RGPPL has signed a power purchase agreement with the government of Daman and Diu for selling about 98 Mw of power from July.

Review blames RIL for falling D6 output

Review blames RIL for falling D6 output

Rediff.com   26 Apr 2011

The report, submitted to the government last week, says the slow pace of field development is the reason production has fallen to 50 million standard cubic metres a day (mscmd) from a peak of 60 mscmd last year.

Essar Oil bullish after acquiring UK's Stanlow

Essar Oil bullish after acquiring UK's Stanlow

Rediff.com   18 Apr 2011

IEA has forecast that in 2011 demand will grow by 1.4 million bpd to 89.4 million bpd.

India, a top investment hotspot for Alstom

India, a top investment hotspot for Alstom

Rediff.com   13 Apr 2011

Started in 1857, Alstom is one of the grand old companies of Europe.

Battle brewing between RIL and NTPC

Battle brewing between RIL and NTPC

Rediff.com   11 Apr 2011

RIL is insisting on a more relaxed contract for committing more gas to NTPC.

It's time for India to step on the gas

It's time for India to step on the gas

Rediff.com   7 Apr 2011

With RIL's KG-D6 output playing truant, steps need to be taken to stabilise the country's natural gas production.

Railways looks at UIDAI to identify beneficiaries

Railways looks at UIDAI to identify beneficiaries

Rediff.com   5 Apr 2011

It is now looking at a solution from the Unique Identification Authority of India for ensuring accurate identification of the beneficiaries of its low-cost services.

Railway finances to stay in the red

Railway finances to stay in the red

Rediff.com   28 Mar 2011

Fund balances for the current financial year have already been revised downwards by the ministry from the budgeted Rs 5,062 crore to Rs 3,100 crore.

'All fuels should be sold at market price'

'All fuels should be sold at market price'

Rediff.com   11 Mar 2011

When people get used to something, they want more of it. But gas will always be short in India. All estimates of gas demand are hugely pessimistic.

No royalty relief likely for Cairn-Vedanta deal

No royalty relief likely for Cairn-Vedanta deal

Rediff.com   9 Mar 2011

The government will reserve the right to decide on the cost recoverability of royalty from Cairn India's block in Barmer while clearing Cairn Energy's sale of its Indian subsidiary to Vedanta Resources.

Govt's Clean Energy Fund stays pristine

Govt's Clean Energy Fund stays pristine

Rediff.com   7 Mar 2011

The government had in July 2010 imposed a cess on coal at an effective rate of Rs 50 a tonne.

Govt slashed nuclear power budget 45% to Rs 757 cr

Govt slashed nuclear power budget 45% to Rs 757 cr

Rediff.com   7 Mar 2011

The huge reduction in the government's support for Bhavini has brought down the overall budgetary allocation for nuclear power schemes by 20 per cent.

Petronet profits double

Petronet profits double

Rediff.com   2 Mar 2011

There was a time when gas was offered to India at a cheaper price but we could not close those deals.

Petronet to market natural gas

Petronet to market natural gas

Rediff.com   23 Feb 2011

The company is also looking to expand the supply of gas by roads and is evaluating creation of small storage hubs along the highways.

Electricity Fund of Rs 50,000 cr approved: FinMin

Electricity Fund of Rs 50,000 cr approved: FinMin

Rediff.com   21 Feb 2011

In a move to help quicken the flagging pace of distribution reforms in the power sector, the Union finance ministry has approved the creation of a Rs 50,000-crore National Electricity Fund - first mooted in the 2008-09 Budget - for attracting investment in this area.

Chinese banks will fund Lanco plans

Chinese banks will fund Lanco plans

Rediff.com   27 Jan 2011

The Gurgaon-based company, which is in negotiations with Chinese banks, expects to clinch the loans by September.

Delhi Metro's Airport Express Line opens next week

Delhi Metro's Airport Express Line opens next week

Rediff.com   7 Jan 2011

The Reliance Anil Dhirubhai Ambani Group's Delhi Airport Express Pvt Ltd (DAMEPL) would run and maintain the line, which would reduce travel time between the heart of the capital and the Indira Gandhi International Airport to 20 minutes.

'No-Go' shadow on Rs 40,000-cr investment

'No-Go' shadow on Rs 40,000-cr investment

Rediff.com   4 Jan 2011

This forms about 7.5 per cent of India's projected investment of Rs 5,28,316 crore (Rs 5,283.16 billion) in overall infrastructure during the next financial year and over a fourth of the Rs 1,59,000-crore (Rs 1,590-billion) investment to be made in the electricity sector alone in 2011-12, the terminal year of the current Plan period.

No-go mining areas: Plan panel offers alternative

No-go mining areas: Plan panel offers alternative

Rediff.com   3 Jan 2011

Favours stricter impact mitigation rules, monitoring.

India to start power trade with Sri Lanka by 2014

India to start power trade with Sri Lanka by 2014

Rediff.com   25 Nov 2010

The government's initiative to have trading of electricity with Sri Lanka is likely to bear fruit by mid-2014, with the commissioning of a high capacity power transmission link between the two countries. The two countries are likely to sign an MoU for a Rs 2,500-crore (Rs 25 billion) project.