Energy Sector Updates

Govt considering 10% stake sale in Oil India The government is finally all set to step up the divestment action with several issues planned from September onwards         , r       

 Oil PSUs employed 3,872 people in FY11
State-owned oil companies provided employment to 3,872             

 ... Suzlon gets Rs 650 crore order from Orient Green Power
Suzlon Energy has received order worth Rs 650 crore fro          

... Expect margins to be stable at current levels: IGL
Indraprastha Gas is confident of being able to maintai ...   

 Essar Oil eyes refinery expansion in India
Oil major Essar oil announced their first quarter numbe ...   

 SC admits Tata's plea against Rel Power's Sasan project
The Supreme Court today admitted Tata group's petition      

... NTPC scales down 2017 power generation target to 70,000 MW
Coal supply shortages and environmental hurdles may for .   

.. Reliance replies to CAG observations on KG-D6 gas field
Reliance Industries as well as the oil ministry and sec .   

.. Adani Power's M&A with Growmore will dilute 9% equity: CFO
Prabal Banerjee, CFO of Adani Power tells CNBC-TV18 tha    

... Mine or we'll cancel licenses: Coal Min warns JSPL, 4 firms
The Coal Ministry has asked five firms, including Jinda ...