Daily Archives: May 14, 2018

India’s fuel demand up 4.4% in April

India’s fuel demand rose 4.4 per cent in April on the back of a surge in auto fuel and cooking gas (LPG) consumption. Fuel consumption in April totalled 17.67 million tonnes as compared to 16.91 million tonnes in the same month last year, data from the Petroleum Planning and Analysis Cell (PPAC) of the oil

Petrol, diesel prices hiked after 19-day pre-poll hiatus

After a 19-day pre-Karnataka poll hiatus, petrol price was today hiked by 17 paise a litre and diesel by 21 paise as PSU oil firms began passing on the spike witnessed in international rates to consumers. Petrol price in Delhi was hiked to Rs 74.80 per litre from Rs 74.63 while diesel rates were increased

Stressed plants may get to sell power to states

The central government has put forward a proposal whereby states can buy electricity from projects that are currently stuck without any power purchase agreements (PPAs), but are able to quote low rates. Under the plan, existing suppliers will get paid assured rates, states will get power cheaper and new projects will become operational, thus helping

Five new highways planned to cut down travel time

The highways ministry has identified at least five greenfield road networks connecting major industrial and manufacturing hubs, which will reduce the existing distance on these stretches up to 200 km. Last month, the government announced starting work on another greenfield expressway connecting Gurgaon with Mumbai cutting the distance by almost 200 km. The new routes