Nayara Energy, majority-owned by Russia’s Rosneft, has sought Indian government help to source catalysts, equipment, and raw materials for its 400,000 bpd Vadinar refinery’s planned February maintenance. EU sanctions have
Continue readingSanctions-hit Nayara seeks Indian govt help to get refinery repair gear, sources say
A sanctioned tanker, the Spartan, carrying Russian oil is nearing Adani Group’s Mundra port in India, potentially marking one of the final instances of a blacklisted vessel unloading there following
Continue readingSanctioned oil tanker nears Adani Port laden with Russian crude
NTPC is strategically planning to establish nuclear power projects through joint ventures and independent initiatives, collaborating with technology providers and state governments. This move, announced in December 2024, aims to
Prime Minister Narendra Modi inaugurated the Assam Bioethanol Plant and laid the foundation for a polypropylene plant, allocating ₹18,000 crore to Assam for development projects. He emphasized India’s commitment to
Continue readingPM Modi announces launch of National Deepwater Exploration Mission
Narendra Modi said the government focuses on reducing crude oil and gas imports. The government is exploring fossil fuels and green energy. The Numaligarh bioethanol refinery will benefit farmers and
Nayara Energy, part-owned by Rosneft and blacklisted by the EU, is struggling to secure non-Russian crude as Western shippers and insurers refuse support. Its Vadinar refinery remains reliant on Russian
Continue readingSanctions hit Nayara's access to non-Russian oil
Power Ltd. (APL), India’s largest private sector thermal power generator, today said it has signed a 25-year Power Supply Agreement (PSA) with Bihar State Power Generation Company Ltd. (BSPGCL) for
Continue readingAdani Power signs PSA with Bihar government for supply of 2400 MW of power
FGD vendors like GE and Thermax are seeking clarity after the government backtracked on the mandate for desulphurisation units at coal-fired power plants, impacting ongoing projects. Vendors are urging the
Continue readingDesulphurisation tech suppliers seek clarity on ongoing projects
In August, India’s crude oil imports from Russia nearly matched China’s, reaching €2.9 billion. The US is pressuring India to reduce these purchases, even imposing tariffs on Indian exports. Despite
Continue readingIndia's Russian crude imports rise to €2.9 bn in Aug, close to China's €3.1 bn
The government announced Goods and Services Tax reforms for the coal sector. These reforms aim to lower the overall tax burden on coal. Consequently, power generation costs are expected to