Bharat Petroleum Corp Ltd will shut its 120,000 barrels per day (bpd) joint venture Bina refinery from mid-September for 45 days to expand its capacity by 30 percent, its head of refineries said on Tuesday. During the shutdown, the company will carry out modifications at various units to raise capacity of the plant to 156,000 […]
Day: May 1, 2018
Electricity Act to be amended so that discoms sign PPAs: Minister
The government proposes to amend the Electricity Act to ensure that companies applying for power distribution rights in an area have signed sufficient power purchase agreements (PPAs) to ensure uninterrupted supply to consumers, Power Minister R.K. Singh said on Tuesday. Briefing reporters here on the achievement of bringing electricity to all villages in the country, […]
Government extends bidding deadlines, clears cloud on Air India sale
The government today announced that they are extending the deadline for submission of Expression of Interest (EoI) in Air India to May 31, 2018 from May 14 earlier and also the date for announcement of qualified bidders has also been extended from May 28, 2018 to June 15. The government announced it in a corrigendum […]
H-Energy launches country’s first floating LNG terminal in Maharashtra
H-Energy, a unit of realtor Hiranandani Group, has launched the country’s first floating liquefied natural gas (LNG) terminal at Jaigarh Port in Maharashtra’s Ratnagiri district, the company said in a statement. The LNG terminal has a capacity of 4 million tonnes per annum and is slated to begin commercial operation by the fourth quarter of […]