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    PM urges BHEL to enter solar arena

    New Delhi: Completing the success story of Jawaharlal Nehru National Solar Mission, Prime Minister Manmohan Singh expressed that the scheme has the potential to enhance India’s energy security and urged power equipment major BHEL to get into developing solar power technology apart from its...
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    Gas delivery kick starts from Myanmaar-China pipeline

    New Delhi: Aiming to address the energy crunches in China, the multi-billion dollar Myanmar-China natural gas pipeline is now functioning. The initiative involving investments of six players from four countries, including India will carry natural gas and petroleum from the coastal port of...
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    Noble Group bags Essar’s diesel contract

    Mumbai: A contract to export up to 210,000 tonnes of diesel was awarded by Essar Oil to trader Noble Group for a period from August to October. The company has already sold up to 70,000 tonnes a month of 500 ppm sulphur diesel for loading from Vadinar during August – October at a premium of...
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    India external debt shoots up by 13% in FY13

    Mumbai: Owing to the rise in short-term credits and external commercial borrowings (ECB) India’s external debt shot up by 13% to US$ 390 billion. The information was officially disclosed by the country’s apex financial body, the Reserve Bank of India. “A sizeable increase is witnessed in the...
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