India will seek carbon emissions data linked to each cargo of liquefied natural gas (LNG), its oil minister said on Thursday, mirroring a growing trend among top Asian buyers of the cleaner fuel ahead of global climate talks in Glasgow from Sunday. India, the world’s third-biggest emitter of greenhouse gases after China and the United […]
Category: The Economic Times
Economictimes
Infosys, bp to develop ‘Energy as a Service’ solution
IT services major Infosys NSE -0.11 % and energy company bp on Thursday said they will develop and pilot an energy as a service (EaaS) solution, aimed at helping businesses improve the energy efficiency of infrastructure and help meet their decarbonisation goals. “Infosys and bp intend to co-develop a digital platform that can collect data […]
Petrol and diesel prices up for third straight day. Check the pinch
Prices of petrol and diesel touched new record highs after they were hiked for the third straight day across the country on Friday, October 29. In the national capital, both petrol and diesel prices were up by 35 paise each. Petrol in Delhi is now retailing at Rs 108.64 a litre and diesel Rs 97.37 […]
AIPEF seeks CAG audit of independent power producers
All India Power Engineers Federation (AIPEF) on Thursday demanded an audit of independent power producers by the Comptroller and Auditor General (CAG) after thermal power stations were allowed blending of imported coal during the ongoing dry fuel shortage. In a letter shot off to Union Power Minister R K Singh, the AIPEF has stated that […]
Power ministry revises terms of reference of NCT to fast-track planning, approval of power transmission projects
The power ministry has revised the terms of reference of National Committee on Transmission (NCT) to fast-track planning and approval of power transmission projects. “As one more step in the series of major reforms being carried out in the power sector under the direction of the Union Power Minister R K Singh, the Ministry of […]
Coal stock at plants improves to average 5 days of consumption
Coal stocks at power stations have risen to an average of five days of consumption, helped by an increase in supplies and lesser power demand. Power plants are adding three lakh tonnes of coal supply every day and are expected to reach six days average stock in the next two-three days, a senior government official […]
Saudi Arabia could go carbon-neutral before 2060, says Prince Abdulaziz bin Salman
Saudi Arabia could go carbon neutral before its 2060 target if technology evolves quickly enough, its energy minister said on Wednesday, days before the COP26 climate summit. Prince Abdulaziz bin Salman said new processes enabling the “circular carbon economy” — a concept where waste carbon is captured and repurposed — were key to the world’s […]
Finance ministry directs all ministries, departments to clear Air India’s pending dues
The finance ministry has directed all ministries and departments to clear pending dues of Air India, which has been sold to the Tata group in the country’s first privatisation exercise in 19 years. The move comes after Air India stopped extending credit facility on purchase of air tickets.
Share price of Petronet LNG jumps as Sensex gains 114.94 points
Share price of Petronet LNG NSE 0.09 % Ltd. gained 0.5 per cent to Rs 232.95 at 12:24PM (IST) in Wednesday’s trade. The counter hit a high of Rs 234.4 and low of Rs 232.4 so far during the session. The stock had closed at Rs 231.8 in the previous session. The counter had a […]
Tata Power shares gain 0.82% as Sensex rises
Shares of the Tata Power NSE -1.16 % Company Ltd. traded at Rs 227.2 on BSE at 12:34PM (IST) on Wednesday, up 0.82 per cent. The stock quoted a 52-week low price of Rs 51.65 and a high of Rs 269.7. Earlier in the day, the stock saw a gap up opening. At the prevailing […]
GAIL shares down 0.82% as Nifty gains
Shares of GAIL NSE -0.37 % (India) Ltd. rose 0.82 per cent to Rs 150.75 in Wednesday’s trade. It hit an intraday high of Rs 153.3 and low of Rs 150.2, respectively, during the day. The stock quoted a 52-week high price of Rs 171.35 and low of Rs 82.0. As of 01:16PM (IST), the […]
Shares of Indian Oil Corp. rise as Nifty gains
Shares of Indian Oil Corporation Ltd. gained 0.08 per cent to Rs 131.65 in Wednesday’s trade as of 01:26PM (IST). It hit a high of Rs 133.05 and low of Rs 131.15 during the session. The stock quoted a 52-week high price of Rs 139.0 and a low of Rs 76.2. The return on equity […]