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Cabinet approves Rs 37,500 crore coal gasification scheme to cut import dependence
The Union Cabinet on Wednesday approved a Rs 37,500 crore scheme to promote surface coal and lignite gasification projects, aiming to gasify around 75 million tonnes of coal and attract investments of up to Rs 3 lakh crore, Union Minister Ashwini Vaishnaw said during a Cabinet briefing.
Adani Group is jumping into Europe's deep waters. What can happen
Adani Ports is making a significant leap beyond traditional port operations, venturing into Europe's complex offshore and subsea market. Through a new partnership with Oceaneering International and its Astro Offshore arm, the company aims to become a global maritime infrastructure and offshore-services platform, focusing on deepwater engineering and underwater infrastructure for energy projects.
Gujarat builds 870 MW battery power backup network to stabilise renewable energy grid
Gujarat has launched battery storage systems totaling 870 MW across five locations to ensure renewable power grid stability. The state has also registered 13 additional projects and integrated BESS with its first solar village, Modhera. This initiative strengthens Gujarat's position as a leader in battery storage solutions in India.
Canada’s Carbon Tax Hinders Pipeline Plans, Cenovus CEO Says
Alberta’s planned oil pipeline to the west coast requires Canada to shift away from stricter climate policies and toward promoting greater oil production from new projects, Cenovus Energy Inc.’s chief executive officer said.
UAE oil giant ADNOC pledges $55 billion in new projects by 2028: statement
The Abu Dhabi National Oil Company on Sunday pledged to spend $55 billion on new projects over the next two years, just days after the United Arab Emirates' officially left the OPEC oil cartel. The UAE has been an OPEC member through the emirate of Abu Dhabi since 1967, four years before the former British protectorate became an independent country.
Cabinet To Soon Approve Rs 37,500 Crore Incentive Scheme To Promote Coal Gasification Projects
The coal ministry has already prepared a Cabinet note on the scheme to promote coal gasification projects, with a financial outlay of Rs 37,500 crore.
Cabinet to soon approve Rs 37,500 cr incentive scheme to promote coal gasification projects
The Union Cabinet is poised to approve a Rs 37,500 crore incentive scheme to promote coal gasification projects. This initiative aims to boost clean energy production, reduce import dependence on critical commodities like LNG and urea, and enhance the utilization of domestic coal resources.
Cemindia Projects among 5 stocks closed above VWAP, signaling bullish shift
Five stocks including Force Motors, Chennai Petroleum Corporation, Cemindia Projects, Hitachi Energy India, and Afcons Infrastructure closed above VWAP on April 28, signaling bullish sentiment and potential upward price momentum.
Brent may settle near $80 if supply conditions ease: Goldman Sachs
Nikhil Bhandari, Head-India Equity Research at Goldman Sachs, said supply constraints, lower investments and maturing shale output are setting up a new oil investment cycle. He expects prices to remain supported depending on supply disruptions, with investments likely to pick up across shale and offshore projects, alongside opportunities in oil companies and services.
GAIL to Invest in Solar Projects | H.G. Infra Secures Mirzapur Thermal Project | Top Buzzing Stocks Today - Equitymaster
GAIL to Invest in Solar Projects | H.G. Infra Secures Mirzapur Thermal Project | Top Buzzing Stocks TodayEquitymaster
GAIL to Invest in Solar Projects | H.G. Infra Secures Mirzapur Thermal Project | Top Buzzing Stocks Today - Equitymaster
GAIL to Invest in Solar Projects | H.G. Infra Secures Mirzapur Thermal Project | Top Buzzing Stocks TodayEquitymaster
NBCC bags housing, infra orders worth ₹320 crore
NBCC (India) Ltd secured ₹319.78 crore in domestic orders for projects in Assam, Meghalaya, and Bihar, including ₹227.99 crore from Oil India Ltd for housing in Duliajan.