Techno Prom Export, a Moscow-based company that was handling Rs 334-crore project for refurbishing five Obra Power Plant units in Uttar Pradesh, lost its contract for not meeting its deadline.

Delhi finance minister Dr A K Walia has done a P Chindambaram act in this election year budget by waiving off the Delhi Vidyut Board-era arrears to the tune of Rs 2,539 crore.

The petroleum and gas workers of the State have demanded expansion of the existing four refineries of Assam and recruitment against the 5,000 vacant posts in the oil sector of the north-eastern region

The National Thermal Power Corporation (NTPC) has cleared an investment of Rs 4,375.35 crore for the coal-based 750 MW Thermal Power Project at Salakati in Kokrajhar district.

An inter-ministerial group (IMG) has cleared the $8-billion (Rs 32,000 crore) CTL project of the Tata group and its partner Sasol of South Africa, the world's largest producer of oil from coal.

IN WHAT could transform into the biggest public-private joint venture in the power sector, public sector Bharat Heavy Electricals (Bhel) and Reliance Power (RPL) are exploring possibility of a tie

The Centre has denied that the Gas Cracker Project has suffered delays claiming that the Brahmaputra Cracker and Polymers Limited (BCPL) would start production according to schedule by 2012.

India's most hi-tech power turbine is finally expected to be liberated from a narrow hill road between Mumbai and Nashik on Tuesday, almost nine months after it got embarrassingly stuck on its way to

Leading power equipment manufacturer, OSRAM, on Thursday announced that it had joined hands with the largest German power generation company RWE to launch their first energy efficiency project in India based on the Kyoto Protocol guidelines at a cost of 150 million Euros. Under the programme, high-quality OSRAM energy-saving lamps will be distributed to around 700,000 households in the Vishakhapatnam region in the first phase. The project will be financed exclusively via CO{-2} certificates under the Clean Development Mechanism (CDM) based on the Kyoto Protocol for reducing CO{-2} emissions in developing and emerging countries, according an official release here. The energy-saving lamps are being distributed by the local power supply company in cooperation with self-help groups. At the same time, ordinary light bulbs will be collected from the households and sent for eco-friendly recycling. In all, this project is likely to save up to 400,000 tonnes of CO{-2}. "The project together with our partner RWE will reduce CO{-2} emissions in India and help the country keep its energy requirements down. It will also give a broad cross-section of population who would not otherwise be able to afford energy-saving lamps the opportunity to save money,' said Wolfgang Gregor of OSRAM.

Flagship explorer Oil and Natural Gas Corporation has drilled several holes in CAG's recent observations, first reported by TOI, that ONGC was