In an effort to diversify supply sources for the essential hydrocarbon resource, the state-run Gas Authority of India (GAIL) is considering acquiring a minority ownership of up to 26% in a liquefied natural gas (LNG) liquefaction plant in the US as well as long-term sourcing agreements. The largest gas utility in the nation issued an…
Coal Minister Pralhad Joshi announced on Wednesday that preparations are in the works to boost coal reserves at thermal power plants from 24 million tonnes (mt) to 40 mt by March 2023. As of Tuesday, coal reserves at coal-fired power plants stood at 24.6 mt, according to the National Power Portal. “Our coal inventories are…
Markets saw a negative day of trading, although broader markets gained momentum in the second half of trading. Bank Nifty cut the Nifty index by 0.2% and both indices closed குறைவாக 0.8% / 0.6% lower. Shares of Coal India, GAIL, NTPC, and PHEL added new long-term levels and saw a huge rise as the Nifty…
