1. Energy and Power

Energy and Power

Govt hikes windfall duty on diesel, ATF exports

New Delhi: The Centre has raised windfall taxes on exports of diesel and aviation turbine fuel (ATF) while lowering the levy on petrol exports, as surging global oil prices driven by the escalating US-Iran conflict…

India, Australia sign energy security agreement, pave way for uranium trade

Melbourne: India and Australia on Thursday finalised the administrative arrangements required to enable the export of Australian uranium to India for exclusively peaceful purposes, with Prime Minister Narendra Modi saying the landmark agreement would strengthen…

E20 petrol has saved Rs 1.90 lakh crore forex, blending is global practice: Govt

New Delhi: The Ethanol Blended Petrol (EBP) Programme has emerged as a key pillar of India’s energy transition and biofuel strategy, which has saved the country’s foreign exchange by reducing crude oil imports, lowered greenhouse…

India to lift fuel sale curbs for commercial buyers from July 1

New Delhi: The Centre on Monday decided to withdraw temporary restrictions on the retail sale of petrol and diesel to commercial consumers from July 1, restoring normal fuel purchases for industrial, institutional and transport sector…

Govt lifts curbs on commercial LPG as supply improves

New Delhi: In a major relief to industrial and commercial LPG consumers, the government on Thursday removed all sectoral restrictions on the supply of non-domestic packed LPG and restored supplies to the levels prevailing prior…

Jharkhand becomes surplus power state as PVUNL’s second 800 MW unit begins operations

Ranchi: Jharkhand has achieved a major milestone in the power sector, as the second 800 MW unit of the Patratu Vidyut Utpadan Nigam Limited (PVUNL) started commercial operations in the intervening night of Wednesday and…

Approved 100 pc ethanol fuel use to cut fossil fuel imports: Nitin Gadkari

New Delhi: Union Minister for Road Transport and Highways, Nitin Gadkari, said he has approved the use of 100 per cent ethanol fuel to reduce India’s dependence on imported fossil fuels. The move is also…

Centre removes excise duty on petrol with up to 30 pc ethanol blending

New Delhi: The government has exempted petrol blended with higher levels of ethanol from excise duty, including fuel variants containing 22 per cent, 25 per cent, 27 per cent and 30 per cent ethanol, according…

E85 fuel rolled out for flex-fuel vehicles, expansion plans under discussion: Hardeep Puri

New Delhi: The government has introduced E85 fuel for E85-compatible flex-fuel vehicles and is holding extensive consultations with the automobile industry on the future expansion of ethanol-based fuels, Petroleum and Natural Gas Minister Hardeep Singh…

India well-prepared to manage crude volatility, energy security intact: Hardeep Puri

New Delhi: India remains well-prepared to manage any volatility in global crude oil markets amid escalating tensions in West Asia, Union Petroleum and Natural Gas Minister Hardeep Singh Puri said on Wednesday. In an interaction…

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