May petrol sales in fast lane as summer travel peaks, diesel & ATF go off the boil, LPG on fire
May 16, 2025
May petrol sales in fast lane as summer travel peaks, diesel & ATF go off the boil, LPG on fire
0Preliminary data revealed a surge in petrol consumption by 10% in early May, driven by increased summer travel, reaching 1.5 million tonnes. Diesel sales saw a...
US becomes India's 4th largest crude oil supplier in April
0In April, US crude oil supply to India nearly doubled year-over-year, surpassing the UAE to become India’s fourth-largest supplier. Increased US exports to India are attributed...
JSW to spend Rs 1.3 lakh crore to reach 30GW capacity by 2030
0JSW Energy aims for 30 GW generation capacity and 40 GWh energy storage by 2030, investing Rs 1.3 lakh crore. Strategy 3.0 reflects ambition to lead...
OPEC sees India's oil demand rising 3.4% in 2025, double the pace of China
0OPEC projects India’s oil demand to surge, outpacing China’s growth in 2025 and 2026, driven by a robust economy and government support. While the US remains...
Mukesh Ambani's Reliance gets $2.9 bn in biggest India loan since 2023
0Mukesh Ambani-led Reliance Industries has secured a $2.9 billion-equivalent dual-currency loan, marking the largest offshore loan by an Indian firm in over a year, Bloomberg reported....
Kalpataru Projects secures new orders worth Rs 2,372-cr in power and building segments
0Kalpataru Projects International and its arms secure new orders. The orders are worth Rs 2,372 crore. These orders span across Power Transmission & Distribution in India...
Tata Power looking to spend Rs 25,000 cr as capex in FY26; keen to bid for two discoms in UP: CEO
0Tata Power plans a Rs 25,000 crore capital expenditure for FY26, with a focus on renewables, generation, and transmission & distribution. The company is also interested...
GE Vernova to invest Rs 140 crore to expand manufacturing in India
0GE Vernova is investing Rs 140 crore in India to expand its manufacturing capabilities for advanced grid infrastructure. This investment, executed through GE Vernova T&D India,...
Companies may get more time to sign PPAs under mega power policy
0The move is likely to benefit at least six power plants with a total planned capacity of around 8 GW, but the capacity remaining to be...
GAIL gets five bids for US LNG project stake
0GAIL (India) has received five proposals from US companies for equity stakes in their LNG projects, each tied to long-term LNG supply contracts. This initiative aims...