By December 2025, Indian Oil said it would achieve a full capacity of 35,000 tonne per annum of SAF production from used cooking oil as feedstock, which the company would source through large hotel and restaurant chains such as ITC and Haldiram’s.
Brokerages were positive on the Centre's compensation of Rs 30,000 crore to oil marketing companies for LPG under-recoveries.
Compensation plan for OMCs for under-recoveries in LPG is in its final stages; to be funded via excise duty hike kitty
The government may partially compensate the oil marketing companies (OMCs) for the losses incurred by them on sale of LPG cylinders or might even entirely decline the request, sources told Moneycontrol.
India’s largest power major NTPC is in the process of acquiring land for the proposed plant. The 50 megawatt (MW) gas-based power plant in Andaman & Nicobar is expected to be commissioned by 2027-28, sources told Moneycontrol.
OMCs such as HPCL and BPCL can see heavy selling pressure amid escalating tensions in the Middle East, as concerns of oil supply weigh on stock prices.
The cracker project will have a capacity of 1.5 million tons and will be built in next four to five years, says IOC Chairman
The deals highlight India’s plan to more than double the share of gas in its energy mix by the end of this decade, even as infrastructure bottlenecks are constraining the expansion.
The IOC has largely stayed out of the discussion around transgender athletes, letting the international governing bodies for each sport set the parameters for gender participation.
India’s oil secretary Pankaj Jain said that the Ministry of Petroleum and Natural Gas has urged the finance ministry to compensate oil companies.
Shares of the oil major dropped over 3 percent after the Q3 results were announced. The shares closed at Rs 123.80 on January 27.
IOC is expanding its Barauni refinery to 9 million tonnes per annum from current 6 million tonnes together with a petrochemical plant at a cost of about Rs 16,000 crore and invest another Rs 5,600 crore in setting up network to retail CNG to automobiles and piped cooking gas to households and industries in 27 cities of Bihar, company Executive Director Suman Kumar.
Sebastian Coe "soft-launched" his bid to become the next president of the International Olympic Committee on Wednesday, saying it was a role he feels he has been building towards his whole life and that the organization is ready for change.
The companies had faced fines for the same reason the previous four quarters as well.
Paris, Aug 10 (AP) IOC president Thomas Bach plans to leave office next year, telling the membership Saturday that the Olympics will be “best served with a..
The company’s infrastructure expansion would ensure a reliable energy supply to meet the nation's needs, said Chairman Shrikant Madhav Vaidya.
In March, the company had re-floated the tenders for the second time with revised norms following the an outcry against favouring the IOCL consortium.