Daily Archives: July 5, 2018

ABB India plans expansion of facilities to cater to demands of railways

Power and automation technology firm ABB India is looking to expand its facilities to cater to growing demands from railways and also increasing focus on renewable energy space, a top company official said today. The company said it spends about USD 100 million on its business in the country every year, ABB India Managing Director

First gas from RIL’s KG-D6 project in 2020: Mukesh Ambani

Noting that Reliance Industries (RIL) has successfully commissioned both the world’s largest paraxylene and off-gas cracker facilities at its refinery in Jamnagar in Gujarat, Chairman Mukesh Ambani said on Thursday that the company is looking at delivering natural gas from its KG Basin offshore project by 2020. Addressing RIL’s 41st Annual General Meeting here, Ambani

China’s ethanol push in doubt as U.S. trade dispute widens

China’s ambitious push to use biofuel in cars nationwide by 2020 is in doubt amid concerns about supplies of raw material such as corn, complicated by an escalating trade dispute with Washington, producers and analysts say. In September last year, the government outlined radical plans to roll out the use of ethanol in gasoline nationally

Power tariff remains unchanged in West Bengal

The power tariff in West Bengal remained unchanged for 2017-18 despite rise in fuel costs, the state’s Electricity Regulatory Commission (WBERC) said today. “After review, we have not increased the tariff for 2017-18 keeping the interest of consumers in mind, in spite of huge pressure from the major utilities to increase the tariff,” WBERC chairman

Rain worry for coal

Calcutta: Coal India has urged thermal power plants not to cut their offtake during the rainy season. Coal mining and inventory management are a key challenge during the monsoon months for both consumers as well as miners as moisture affects quality and heavy rain can disrupt production.

Delhi spies Iran oil leeway

New Delhi: India is hoping to tap the window the US has offered for countries to continue buying oil from Iran on a case-by-case basis, provided they reduced imports, after Washington ruled out waivers for Delhi in its sanctions against imports from Tehran.