New Delhi, May 19 (IANS) Coal production has started from the Urtan and Dhirauli coal mines in Madhya Pradesh which will enhance domestic coal availability and further accelerate the country’s journey towards self-reliance in the energy sector, according to a statement issued by the Ministry of Coal on Tuesday.The Urtan Coal Mine, located in the Anuppur district of Madhya Pradesh, has been allocated to M/s JMS Mining Private Limited.Coal production from the mine began on May 15.”Urtan has emerge…
Latest Energy Sector News & Updates
New Delhi, May 18 (IANS) Government-owned giant NTPC Group has crossed 90 GW of installed power generation capacity following the successful completion of trial operations of Unit 2 (800 MW) of the Patratu Vidyut Utpadan Nigam Limited (PVUNL), a subsidiary project comprising 3×800 MW units, in Jharkhand, according to an official statement issued on Monday.This achievement marks another important step towards building a sustainable and energy-secure future for India, the statement said.Patratu Vi…
New Delhi, May 11 (IANS) Gautam Adani, Chairman of the Adani Group, said on Monday that India’s path will not be America’s or China’s path because we are not building for an abstract future; we are building for a living, rising, demanding India. Addressing the ‘CII Annual Business Summit 2026’ here, Gautam Adani said India is building for households moving up, cities expanding outward, factories coming alive, vehicles turning electric, and millions of small businesses waiting to scale. “…
New Delhi, May 8 (IANS) India and Canada held detailed discussions across a wide range of chapters, including trade in goods, trade in services, intellectual property, rules of origin, sanitary and phytosanitary measures, and technical barriers to trade as part of the second round of negotiations for the proposed Comprehensive Economic Partnership Agreement (CEPA), according to a joint statement issued by the two countries on Friday.The second round of talks hosted by the Commerce Ministry from …
Washington, May 6 (IANS) The United States trade deficit widened in March as imports outpaced exports, even as the American goods gap with India narrowed compared to the same period last year, according to official data.The US Census Bureau and the Bureau of Economic Analysis said the overall goods and services deficit rose to $60.3 billion in March, up $2.5 billion from a revised $57.8 billion in February.US exports in March stood at $320.9 billion, an increase of $6.2 billion from February, wh…
New Delhi, May 5 (IANS) India and Canada began the second round of negotiations for a bilateral free trade agreement, with the two sides aiming to seal the deal by year-end. The five-day talks in New Delhi come on Monday ahead of the Commerce and Industry Minister Piyush Goyal’s scheduled visit to Canada at the end of this month to accelerate the momentum of the economic engagement as the two countries target increasing bilateral trade to $50 billion by 2030. “The attempt is to fast-track talks …
New Delhi, May 3 (IANS) Amid rising global concerns over oil price volatility and the ongoing Middle East conflict, Morgan Stanley has struck an optimistic note on India, identifying the turbulence as a catalyst for long-term investment growth. In its latest report, the global brokerage has upgraded its outlook for India’s investment cycle, projecting the investment-to-GDP ratio to climb to 37.5 per cent by FY30, up from its earlier estimate of 36.5 per cent.This upward revision translates int…
New Delhi, May 3 (IANS) Dismissing viral claims of a severe power crisis in the country, the government’s fact-checking arm PIB Fact Check on Sunday said there is no coal shortage or grid failure in India and termed such posts as misleading.The clarification came after a widely circulated post on X by a user claimed that India’s power grid had hit a record demand of 277 GW amid rising summer temperatures, alleging critical coal shortages at thermal power plants and load-shedding in several s…
New Delhi, April 29 (IANS) Pakistan’s diplomatic efforts to somehow bring US-Iran conflict to an end is not only about geopolitical positioning but also about addressing a pressing economic need, according to a new report.Successful mediation can reduce the risk of further shocks to oil and gas prices, ease pressure on the electricity sector, stabilize relations with Gulf states, and open a broader economic horizon with Iran, says a report in www.calcalistech.com.The report says that Pakistan …
New Delhi, April 29 (IANS) Global crude oil prices extended their upward momentum on Wednesday amid reports that the United States is likely to continue its blockade of Iranian ports, raising concerns over prolonged supply disruptions in the Middle East.International oil benchmark Brent crude rose 0.63 per cent to $111.97 per barrel, while US West Texas Intermediate (WTI) crude gained 0.81 per cent to $100.74.The rise was supported by reports that claim US President Donald Trump has asked aides …