Fuel prices rose to record highs on Wednesday after Oil Marketing Companies hiked them on Wednesday after a day’s pause. Petrol costs Rs 101.76 per litre in Mumbai while diesel is selling at Rs 93.85 per litre. Petrol is retailing at Rs 95.56 in Delhi, up by 25 paise while diesel is selling at Rs […]
Day: June 9, 2021
Fuel price rise paused again, petrol and diesel rates static
The oil marketing companies (OMC) kept petrol and diesel prices unchanged on Tuesday across the four metro cities. Accordingly, in the national capital, petrol price remains at Rs 95.31 per litre while diesel at Rs 86.22 per litre. Similarly, in Mumbai, Chennai and Kolkata, petrol continues to be priced at Monday’s level of Rs 101.52, […]
After diesel, CNG refuelling through mobile units
After mobile diesel dispensers, CNG too is now available through mobile units in India. Oil Minister Dharmendra Pradhan on Tuesday inaugurated India’s first CNG Mobile Refuelling Units (MRUs). The first of its kind MRU has been deployed by Indraprastha Gas Ltd – the firm that retails CNG to automobiles in the national capital and adjoining […]
Petrol selling at Rs 101.52 in Mumbai after another hike on Monday
Petrol is retailing at Rs 101.52 in Mumbai while diesel is selling for Rs 93.58 a litre after Oil Marketing Companies hiked fuel prices by up to 28 paise on Monday. In the national capital, petrol was selling at Rs 95.31 and diesel at Rs 86.22. This is the 21st hike since May 4 when […]
NCLT approves Vedanta Group’s resolution plan for Videocon
The dedicated bankruptcy court on Tuesday has approved the Vedanta Group’s subsidiary Twin Star Technologies Ltd’s resolution plan for Videocon Group. This is the first consolidated group resolution since the inception of the Insolvency & Bankruptcy Code (IBC). Vedanta’s offer of a little over Rs 3,000 crore for 13 companies belonging to the Videocon Group […]
CESL, Ladakh ink pact to make the Union Territory carbon-neutral
State-owned CESL has signed a pact with the Ladakh administration to make the Union Territory carbon-neutral, according to a company statement. Convergence Energy Services Ltd (CESL), a wholly owned subsidiary of Energy Efficiency Services Ltd (EESL), has signed a memorandum of understanding (MoU) with the Administration of Union Territory of Ladakh, to make it a […]
Adani Enterprises incorporates manufacturing firm for wind turbine generators
NEW DELHI: Adani Enterprises Ltd NSE -1.68 % (AEL) on Tuesday said it has incorporated a wholly-owned subsidiary company for manufacturing wind turbine generators. In a filing to BSE, the company said it has incorporated a wholly-owned subsidiary namely Mundra Windtech Limited (MWL) on June 7, 2021. The subsidiary company is yet to commence its […]
Market-based model in the works for renewable energy
The government is examining a radical shift in its renewable energy programme by moving to a market-based mechanism where generators will sell their contracted capacity every day in power exchanges and distribution companies will settle the differential. Future renewable bids are proposed to be based on the ‘renewable contracts’ mechanism followed widely across the globe, […]
Green Energy firms plan to move Supreme Court to seek revision of endangered bird order
Renewable energy companies are set to seek a revision of the Supreme Court order from April earlier this year for the undergrounding of power lines in Gujarat and Rajasthan to protect the habitat of the critically endangered Great Indian Bustard, said people aware of the matter. Power developers such as Adani Green, Tata Power Renewables, […]
EESL inks pact with Lemon Tree Hotels to implement energy efficiency measures
State-run EESL has inked a pact with Lemon Tree Hotels NSE -1.11 % to implement energy efficiency and energy conservation measures. “Energy Efficiency Services Limited (EESL), a joint venture under the administration of the Ministry of Power, has signed a Memorandum of Understanding (MoU) with Lemon Tree Hotels Limited for implementing energy efficiency and energy […]
Apple in talks with CATL, BYD over battery supplies for its electric car: Sources
Apple Inc is in early-stage talks with China’s CATL and BYD about the supply of batteries for its planned electric vehicle, four people with knowledge of the matter said. The discussions are subject to change and it is not clear if agreements with either CATL or BYD will be reached, said the people who declined […]
Power consumption in India grows 12.6% in first week of June
India’s power consumption surged by 12.6% in the first week of June to 25.36 billion units, pointing to a recovery in demand. The consumption in last June stood at 22.53 BU, according to the power ministry. Demand has been slow in June owing to the low levels of consumption last year. In July 2020, power […]