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India's Oil Sector Shows Mixed Trends: July 2024 Production Falls, Refinery Output Rises

India?s oil sector experienced mixed trends in July 2024, with a decline in production but an increase in refinery output.

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Power Grid Corp Acquires Rajasthan IV E-Power Transmission

Power Grid Corporation of India acquires the Rajasthan IV E-Power transmission project to expand its infrastructure.

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Andhra CM Launches Projects, Signs Rs.36.83 Bn Deals at Sri City

Andhra Pradesh Chief Minister inaugurates new projects and signs agreements worth Rs36.83 Bn in Sri City, boosting regional development.

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Torrent Power Challenges NCLAT Approval of Sarda Energy's SKS Power Bid

Torrent Power has moved the NCLAT against the approval of Sarda Energy?s bid for SKS Power, disputing the decision.

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Adani Power to Acquire Reliance Power's Butibori Plant for Rs.30 Bn

Adani Power announces the acquisition of Reliance Power?s Butibori plant in a ?30 Bn deal, expanding its energy portfolio.

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Railways Cancels Rs.300 Bn Vande Bharat Tender After Failed Talks

Indian Railways has scrapped the ?300 Bn Vande Bharat train tender due to unsuccessful negotiations.

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Foxconn's Indian Business Surpasses $10 Billion; Invests $1.4 Billion

Foxconn's investment in India crosses $10 billion, with $1.4 billion injected into the market to date, marking a significant milestone.

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Murugappa Group's Split Plan Hits Snag Amid Restructuring Efforts

Murugappa Group's plan to divide into three separate entities faces obstacles, delaying its restructuring strategy.

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Government's 20% Ethanol Blending Goal Requires More Sugarcane: Report

Achieving the government's 20% ethanol blending target by 2025 will demand a significant increase in sugarcane production, a new report reveals.

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Regulator Approves Uttar Pradesh's Solar Procurement Plans

Uttar Pradesh?s solar energy procurement has received regulatory approval, marking a significant step in the state's renewable energy expansion.

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SJVN's Q1 FY25 Profit Soars 31.36% Amid Strong Performance

SJVN reports a 31.36% increase in profit for Q1 FY25, reflecting strong financial performance and growth.

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Punjab Invites Bids for 264 MW Solar Power Projects

Punjab seeks bids for 264 MW of new solar power projects, aiming to enhance its renewable energy capacity.

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