Daily Archives: August 3, 2018

Will move HC against arbitration ruling that went in favour of RIL: Govt

Oil Minister Dharmendra Pradhan today said the government will file an appeal in High Court against a ruling by an international tribunal which rejected its USD 1.55 billion claims against Reliance Industries for allegedly siphoning gas from fields operated by state-owned ONGC. A three-member international arbitration tribunal, by a majority vote last week, held that

ONGC Q1 PROFIT UP 58% TO RS 6,144 CR

State-owned Oil and Natural Gas Corp (ONGC) on Thursday reported 58 per cent jump for the June quarter net profit on realising higher prices for its produce. Its net profit of Rs 6,143.88 crore, or Rs 4.79 per share, in the first quarter of 2018-19 fiscal was higher than Rs 3,884.73 crore, or Rs 3.03

COAL CRUNCH HITS BOKARO THERMAL POWER STATION

Bokaro Thermal Power Station (BTPS) – A, the plant on which the DVC is heavily dependent do not have enough coal stock, said Chief Engineer, BTPS, Kamlesh Kumar. Power generation at BTPS has been affected owing to coal shortage. Sources in DVC, BTPS confirmed that none of the 500 MW thermal stations of BTPS-A, on

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