Power distribution companies have drastically cut their old dues. Legacy arrears have fallen from over Rs 1.39 lakh crore to just Rs 3,300 crore. New government rules and schemes like UDAY and RDSS are driving this improvement. Discoms are also paying current bills on time. This is bringing financial discipline to the sector.
CNG Price Increase News: Price of CNG has been increased by Rs 2 per kilogram in Mumbai, now costing Rs 84/kg. This follows a Rs 3/litre hike in petrol and diesel prices by Oil Marketing Companies to offset losses from rising global oil rates, which have surged over $120 per barrel.
CG Power’s US subsidiary, CG DE SUB, LLC, has partnered with Flanders Electric Motors Service to enhance capabilities and expand in the USA rail market. This collaboration aims to leverage local expertise, offering superior products and services with competitive pricing and faster turnaround times. The partnership positions both companies to lead the future of rail…
The govt has announced a reduction in the windfall tax for diesel exports to Rs 23 per litre and for aviation fuel to Rs 33 per litre, starting this Friday. This decision comes after a prior increase intended to protect domestic fuel supplies during global price escalations.
The Strait of Hormuz closure is impacting Asia’s chemical industry, pushing India to emulate China’s coal-to-chemicals model for energy and food security. Despite domestic coal challenges and technological gaps, India is investing heavily to boost its coal-based chemical production, potentially extending the fossil fuel’s demand.
The Iran war has led to a blockade of the Strait of Hormuz, the main transit route for Gulf energy supplies. While India has partly offset crude supply disruptions by sourcing oil from countries, including Russia, gas supplies have been curtailed to industrial users and LPG availability to commercial establishments, such as hotels and restaurants,…
Bharat Heavy Electricals Limited, BHEL, has secured a significant order worth Rs 13,500 crore from NTPC. This order is for the main plant package of the 2,400 MW Telangana Stage-II thermal power plant. BHEL received the Notification of Award on March 29, 2026. The project scope includes design, engineering, manufacturing, supply, erection, commissioning, and testing…
Maharashtra Chief Minister Devendra Fadnavis supports Prime Minister Narendra Modi’s call for responsible consumption. Global conflicts are impacting oil and gas supplies, raising prices. Fadnavis warns that improper fuel use could lead to shortages in India. Prime Minister Modi urged citizens to reduce edible oil consumption and embrace natural farming.
China’s Foreign Minister Wang Yi has urged Iran to guarantee safe passage through the Strait of Hormuz. This critical waterway is vital for global oil trade. China, a major importer of Iranian oil, is concerned about energy disruptions. The call comes as Pakistan attempts to mediate new peace talks between the US and Iran.
To boost coal demand and lower electricity costs, Coal India Limited has taken a new step. Power plants using CIL coal can now sell surplus electricity in power exchanges. This began on August 1. Earlier, power generators could only supply power under existing agreements. The revised policy allows sale of un-requisitioned surplus power in the…