Energy Sector Updates

GoM likely to take call on Cairn-Vedanta deal on Friday A ministerial panel is likely to decide tomorrow if the government should approve Cairn Energy Plc's sale of stake in it ONGC FPO likely in 1st week of July: Fin Min sources
The market conditions will play a key role in determini...

 HPCL to make Prize Petroleum Co a wholly owned subsidiary
State-owned Hindustan Petroleum Corp Ltd (HPCL) will bu...

 IOC scouting for 3rd partner for proposed LNG terminal
Public sector Indian Oil Corporation is scouting for a ...

Suzlon to set up wind turbines in South Africa
Suzlon Energy has signed a contract with African Clean ...

No plan to stop e-auction of coal, says Coal minister
No plan to stop e-auction of coal: Sriprakash Jaiswal...

 Coal linkages awaited for 12th Plan power projects
Power projects of 80,000 MW generation capacity are und...

April local fuel sales up 4.2% annually
India's local oil product sales rose an annual 4.2% in ...

Power Grid will invest Rs 18500 cr in FY12
State-run transmission utility Power Grid Corp of India...

India-focused Hardy Oil sees 2012 output doubling
British oil explorer Hardy Oil and Gas expects its over...