Page 2 - Jyoti Mukul

Govt's retro tax settlement with Cairn Energy may hinge on Vedanta case

India lost the international arbitration with Cairn Energy at The Hague in December and the former was given an award of $1.2 billion

L&T to sell 99 MW hydropower project in Uttarakhand to ReNew for Rs 985 cr

ReNew also announced signing of agreements for 260 MW/330MWp solar projects in Telangana. The combined enterprise value of the acquisitions is around Rs 2,850 crore ($384 mn)

RIL forays into energy-storage business through stake buy in US company

Based on patented tech, designed to last between 4-24 hrs, Ambri's long- duration energy storage systems will break through the cost, longevity & safety barriers associated with lithium-ion batteries

Little-known solar firm gains traction, unseats NTPC in Madhya Pradesh

MP govt cancels PSA signed after record low bids in two solar parks

Dependence on imports in the steel sector is worrisome: R C P Singh

Newly appointed Steel Minister says the announcement of the Rs 6,322-cr PLI scheme for specialty steel is another step towards 'Atmanirbhar Bharat'

Overseas green capital chasing renewable energy firms across India

According to experts, India offers the right kind of risk-return profile which is why his company likes to invest here

India's renewable energy plan of 175 GW by FY22-end faces multiple risks

Sector comes of age with large companies driving growth, but land acquisition and regulatory delays hamper the immediate target of achieving 175 Gw capacity by FY22 end

Private participation, few passengers: Host of tests for new rail minister

Completing freight corridors, negotiating land for the bullet train, and speeding up monetisation plans would be some of the major focus areas for Ashwini Vaishnaw

French court allows Cairn to seize 20 Indian govt properties in Paris

Assets are worth more than 20 million euros; FinMIn says no communication received in the matter Cairn is also eyeing assets in US, UK, Canada, Singapore, Mauritius and Holland

Consumer-centric retail, telecom biz help RIL stay afloat amid Covid-19

The relatively young consumer-centric retail and telecom businesses have helped the conglomerate even as it seeks mega scale in renewable energy

IL&FS group receives Rs 1,925 cr from Haryana govt for Gurgaon metro

Supreme Court had on March 26 directed the state's urban local authority to deposit 80% of the total debt of Rs 2,407 cr within three months into the escrow accounts of two IL&FS firms

How DRDO's tech comes in handy to ramp up medical oxygen output

The compressed air is expanded in a turbine so that refrigeration is produced.

Reliance Industries earns a place in the sun with global solar play

100 GW by 2030 is more than twice the existing renewable capacity of any company in the world

OVL on an oil slick, struggles with geopolitical and domestic challenges

Covid-19 has added to these issues. It has not only impacted the demand for fuel but also made the acquisition process slower.

OVL-led consortium asks Iran for 30% share in Farzad B discovery

The company has written to the Iranian authority asking it to share the agreed technical proposal and contractual terms, and conditions for development

PSA oxygen generators at hospitals not a panacea, says Moloy Banerjee

In an interview with Jyoti Mukul, Moloy Banerjee, head of gases-South Asia, Linde South Asia, talks about capacity building and the merits of setting up PSA plants to meet medical oxygen demand

Electrifying game: Private power producers turn up investment cycle

Tata Power, for instance, has reduced its consolidated net debt by Rs 11,400 crore in the last three years to Rs 36,559 crore as on March 31, 2021

With an edge over private players, power PSUs put capex above reducing debt

Better debt ratios, regulatory comfort place NTPC, NHPC at an advantage over private players

Food, fertiliser bills push govt subsidy up three times in FY21

The government spent Rs 5.3 trillion in food subsidies during the pandemic-hit last year--over five-fold increase over 2019-20 when it spent Rs 1.08 trillion

BPCL privatisation: Govt may allow 100% FDI in divested refiners

This is an enabling provision required for privatisation of BPCL