Page 2 - Sudheer Pal Singh

L&T Transportation Infra vertical secures ₹3,500 cr contracts in Dubai

The two contracts cover roads, bridges, tunnels, an interchange and cycling infrastructure, with both projects scheduled for completion by the end of 2028

Inox Clean Energy plans ₹10,000 crore IPO, files papers with Sebi

The proposed issue comprises a fresh issue of up to ₹8,000 crore and an offer for sale of up to ₹2,000 crore by the selling shareholder

Govt floats draft Petroleum Amendment Bill to decriminalise minor offences

The draft Petroleum Amendment Bill seeks to replace criminal liability for minor licence breaches with civil penalties while creating specific offences for serious violations

Rail freight growth gathers pace as DFCs, tariff reforms widen cargo base

With the 2,843-km dedicated freight corridor network now fully operational, Indian Railways is seeing stronger loading growth across coal, iron ore and other commodities as policy changes seek to shif

Russia remains India's top crude supplier in September amid supply squeeze

Russia supplied 1.74 million barrels per day of crude to India in September through September 27, as constrained West Asian supplies limited alternatives for refiners

No coal shortage, says Reddy; plants with critical stocks rise to 82

Thermal power plants had 21.8 million tonnes of coal stocks, around 37 per cent of the normative requirement, as the number of plants with critical stocks rose to 82

India to add up to 50 GWh battery storage capacity over next 2 yrs: Crisil

Battery storage deployment is set to rise sharply from 1 GWh in FY26 as renewable energy expands and storage-linked projects gain a larger share of government auctions

Centre directs captive coal plants to maintain stocks, boost supply

The directions, applicable from October 1 to December 31, require captive generators to offer surplus power through exchanges after meeting their own demand

Foundation stone laid for India's first port-based e-methanol plant

The ₹2,300-crore plant at Deendayal Port Authority in Kandla will be developed in two phases by DPA and Assam Petro-Chemicals

IGL looking to acquire stakes in city gas distribution firms: Chairman

IGL is also expanding into renewable energy, with plans for solar power plants in Rajasthan, while pursuing backward integration through meter manufacturing

Navitas Solar to invest ₹10,000 cr in 5 yrs in renewable energy facilities

Surat-based Navitas Solar plans to expand beyond module manufacturing into cells, ingots, wafers, battery storage and renewable energy projects in Gujarat and Maharashtra

Need for dialogue to ensure reliable energy supplies: Hardeep Singh Puri

Oil Minister Hardeep Singh Puri said sustained dialogue between producers and consumers was essential to support investment, energy resilience and reliable supplies

NHAI on access-controlled high-speed national highways standards

The guidelines aim to standardise technical and safety provisions for high-speed corridors as India plans 50,000 km of access-controlled highways under Viksit Bharat 2047

BASF mulls investment in MDI production facility at Dahej in Gujarat

BASF has secured industrial land in Dahej for the potential MDI complex, with the final investment decision subject to the feasibility study and necessary approvals

Assam CM lays foundation for Adani's ₹48,000 crore power project at Chapar

The 3,200 MW ultra-supercritical thermal power plant at Chapar will be commissioned in phases from December 2030 and is expected to generate 5,000 jobs once operational

Govt mandates Aadhaar biometric authentication for LPG subsidy from Oct 1

Aadhaar biometric authentication will be required for consumers to receive subsidy on domestic LPG refills from October 1, 2026, the government said on Saturday

NTPC terminates 400 MWh BESS contract awarded to G R Infraprojects

NTPC has terminated a ₹413.37 crore contract awarded to G R Infraprojects for a 400 MWh battery energy storage project at its Mouda power station

Rising margins, volumes, new markets drive India's petroleum exports higher

India's petroleum exports rose 46 per cent year-on-year as better terms of trade, recovering volumes and shipments to newer markets boosted overall merchandise export growth

Essar Energy Transition Retail acquires UK forecourt network SGN

The £250-million acquisition will add 118 sites to EET Retail's existing 117 forecourts, creating a 235-site network as Essar targets 800 UK forecourts by 2031

Coal ministry expects 147 auctioned commercial mines to attract ₹55,000 cr

The 147 commercial coal mines auctioned since 2020 are expected to generate ₹47,500 crore in annual revenue and create 490,000 jobs across nine states