Daily Archives: February 3, 2018

Opposition to Oz projects abetted by NGOs, competitors: Adani

Adani Group Chairman Gautam Adani today said the intense resistance to his group’s Australian coal mining project was “abetted by some international NGOs and competitors” and termed personal attacks on him as “vicious”. The Adani Group entered Australia in 2010 with the purchase of greenfield Carmichael coal mine in the Galilee Basin in central Queensland,

IOC to invest Rs 3,400 crore in Assam to augment operations

Indian Oil Corporation will invest Rs 3,400 crore in Assam over the next five years to expand its operations by setting up new units as well as upgrading the existing ones, a senior IOC official said today. The company will sign a Memorandum of Understanding (MoU) with the Assam Government to this effect at the

Solar tariffs perk up in latest Karnataka auction

Solar tariffs rose sharply from their lowest level in the latest solar auction of 860 MW conducted by Karnataka’s Renewable Energy Development Ltd (KREDL). The lowest price was Rs 2.94 per unit, way above the winning tariffs of Rs 2.47 and Rs 2.44 per unit at the last two auctions in Rajasthan in December and