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GAIL commissions India's second largest rooftop solar plant in UPIndia plans to have 40 GW of rooftop photovoltaics (PV) by 2022. This is part of its target of having 175 GW of non-hydro renewables capaci...
Cabinet may decide on HPCL stake sale to ONGC this monthMinistry of Finance is moving a note for consideration of the Cabinet for selling entire shareholding in HPCL to ONGC.
ONGC keen to buy HPCL, may cost about Rs 42,254 croreONGC is in favour of acquiring HPCL, which has a market cap of Rs 54,797 crore and buying government's entire 51.11 per cent stake would en...
National oil companies in mid-east keen to hire storage in IndiaThe oil companies want to use the caverns on the west coast for commercial storage of oil which they can use to supply to refiners.
Independent Directors’ posts at oil PSUs like ONGC, GAIL vacantAccording to data available from the oil ministry, state-owned gas utility GAIL India Ltd is the worst hit with all the eight positions of ...
Slots of 'sacked' independent directors lie vacant at Oil PSUsOil and Natural Gas Corp (ONGC), India's most profitable company, has only one independent director as against required strength of nine.
BPCL signs MOU with Kerala Government for a new petrochemical complexKerala Govt said it would extend incentives to BPCL's single largest investment of Rs 20,000 crore for its IREP.
- Ten stocks in focus in Friday morning trade
Indian shares are expected to trade higher. Here is a list of ten stocks that are likely to be in action in morning trade today.
- BPCL to invest Rs 20,000 crore in KRL expansion, Petro complex
Public sector BPCL will invest Rs 20,000 crore in Kerala for the expansion of its facility at Kochi Refinery and setting up a Petrochemcial...
- HC rejects interim injunction on HPL share-transfer plan
It turned out to be a double blow to The Chatterjee Group (TCG) supreme Purnendu Chatterjee, one of the principal promoters of Haldia Petro...
- Oil PSUs to invest over Rs 74,800 cr in capex in FY'12
State-owned oil firms like ONGC will invest over Rs 74,800 crore in capital expenditure in 2011-12 fiscal, most of it from internal resourc...
- LyondellBasell gets creditors' support for restructuring plan
RIL is bidding for a majority stake in LyondellBasell and both companies had entered into a preliminary non-binding offer. Gang of Five beh...
- OPaL set to award contract projects in the next few months
ONGC Petro Additions Ltd (OPaL) is set to award the next round of multi million contract work in the next six months.
- Crude crash catches up
RIL needs to innovate to stay ahead with Q3 turnover being down.
- Kazakh offers oil block stake in return for support
The Central Asian country now wants steel baron Lakshmi N Mittal to be included in the venture.
- Expert Grp calls for naphtha duty cut, phasing out Jute Act
An expert group on petrochemicals on Monday recommended doing away with the Jute Packaging Materials Act, cut in import duty on naptha and ...
- Reliance can still bid for PSUs
NEW DELHI: The Disinvestment Ministry on Wednesday said Reliance would not be disqualified from bidding for public sector undertakings, inc...