India is scaling back expectations for power demand growth as it struggles to electrify millions of homes despite a glut in generation capacity. The world’s second-most populous nation is building more power plants than it can utilize as state-level distributors struggle to connect 50 million households, according to Ravindra Kumar Verma, head of the Central […]
Day: June 9, 2017
Delhi Petroleum Association bats for automation in daily revision of fuel prices
Expressing his concern over daily revision in retail selling prices of petrol and diesel across the country from June 16, President of the Delhi Petroleum Dealers Association Nischal Singhaniya on Friday stated that he welcomed the move, but the rates should change automatically and not in any manual intervention. “The automation has been placed in […]
Torrent Power seeks 36 LNG cargoes over three-year period
Torrent Power on Friday invited suppliers to fill its demand for 36 liquefied natural gas (LNG) across a three-year period starting in 2018, according to a tender document. The company is seeking three cargoes per quarter from Jan. 1, 2018 to Dec. 31, 2020, the document showed. Offers must be submitted no later than June […]