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ENERGY PIPELINES
Pipelines and ports: Iran war spurs Gulf infrastructure investmentGulf nations are investing billions in infrastructure to bypass the Strait of Hormuz. Ports, pipelines, and railways are top priorities as ...- GAIL plans major expansion in gas, petrochemicals and clean energy, says chairmanGAIL plans pipeline expansion and diversified LNG sourcing for energy security. The company is scaling up petrochemicals and LPG infrastruc...
- Global Market: ECB may raise rates in September as Iran war fuels inflation concerns: ReportsEuropean Central Bank policymakers are increasingly leaning towards a September rate hike as the Iran conflict drives up energy prices and ...
- Infrastructure projects see cost overrun of Rs 3.4 lakh cr: MoSPIOngoing infrastructure projects show a Rs 3,40,504 crore cost overrun on projects over Rs 150 crore. Over 1,700 projects are monitored, wit...
- India’s data centre capacity hits new high as AI powers a 4x boomIndia leads Asia-Pacific data centre growth, with capacity quadrupling and substantial future projects underway. Significant investments fr...
- L&T wins ‘ultra-mega’ contract in West Asia worth over ₹15,000 croreLarsen & Toubro (L&T) has won an ultra-mega contract to execute a gas compression project for a major Gulf client, expanding its hydrocarbo...
- $20 million: The cost of shipping oil through Strait of Hormuz, TotalEnergies CEO saysShipping oil cargoes via the Strait of Hormuz costs approximately twenty million dollars. This significant freight expense creates wide mar...
- Global energy event poised to unlock Rs 45,000 crore investment potential for India's power sectorA global energy event in New Delhi next month aims to unlock significant investment. The three-day Bharat Electricity, POWERGEN India & Ind...
- L&T wins ultra-mega Middle East gas project worth over ₹15,000 croreLarsen & Toubro announced an ultra-mega contract exceeding fifteen thousand crore rupees. This significant project involves building gas co...
- Aditya Birla Group taps local lenders for Sprng EnergyAditya Birla Group is in advanced talks with domestic lenders to raise about Rs 14,000 crore through a long-term loan syndication to fund i...
- Welspun RE biz race: Macquarie, RP Sanjiv Goenka in last lapWNEL has a relatively small operating renewable energy portfolio, with about 45 MW of operational capacity. Its largest project under const...
- Need to scale storage capabilities amid growing RE capacity: Industry expertsIndia's renewable energy growth demands more storage systems now. Domestic battery manufacturing capacity remains very low compared to futu...
- India may add 45-50 GW renewable capacity annually over next 2 years: ReportIndia's ambitious renewable energy plans aim for an addition of forty-five to fifty gigawatts each year, supported by a significant number ...
- India clears ₹7,000 crore LPG pipeline expansion across 6 statesIndia's oil regulator has approved nearly 1,800 km of new LPG pipelines. This expansion will significantly boost the country's fuel supply ...
- US military moves 15 million barrels through Hormuz amid standoff with IranOver fifteen million barrels of oil moved through the Strait of Hormuz with US military assistance. Total shipments leaving the region, inc...
- Welspun Corp bags biggest-ever ₹17,200 crore US pipe order, shares soarWelspun Corp secured its largest order valued at $1.8 billion for US pipe supply. This significant contract will be executed during fiscal ...
- Oil giants pool capital to ignite energy deeptechThe MC2+Ignite accelerator, in partnership with IIT Madras, will select about 30 startups at the prototype-to-early-pilot stage. The focus ...
- Nagaland gets its first natural gas supply via National Gas GridIndradhanush Gas Grid Limited has supplied natural gas to Nagaland for the first time through the National Gas Grid after injecting gas int...
- Inox Clean Energy completes Rs 6,000 crore acquisition of BlackRock-owned GIP's Vena Energy IndiaInox Clean Energy has acquired Vena Energy India's renewable platform for Rs 6,000 crore. This rapid transaction was completed within two m...
- L&T bags offshore development project order exceeding Rs 15,000 crore from Middle East clientLarsen & Toubro announced a significant order valued at over Rs 15,000 crore. This contract involves developing multiple offshore facilitie...
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