Tag: India
India: coast-based refinery
Indian Oil Corp. has chalked out plans to set up its first coast-based refinery at Paradip in Orissa.
India: thermal power plant
Tata Power Co. Ltd has announced that it is setting up a new 250MW power plant at its Trombay Thermal Station.
Mittal Steel to hunt for acquisitions
Mittal Steel's hunt for acquisitions will shift to China and India once the company has pulled off its planned USD 22.1 billion takeover of Arcelor citing CFO Mr Aditya Mittal.
India: coal-based thermal plant
Texas-based Texas Power Generation is planning to set up a 1,320 MW coal-based thermal plant in Chhattisgarh, India.
Indian government lends support to Mittal Steel
India’s government is concerned about the attitude of French leaders toward Mittal Steel’s bid for Arcelor, Trade Minister Mr Kamal Nath said on 1 February.
ONGC and Shell agreement
ONGC and Shell BV have signed a MoU to examine significant opportunities for future co-operation both in India and other regions across the world.
India: eco-friendly power plant
Bharat Heavy Electricals Ltd has bagged an order from Indian Oil Corp. (IOC) for setting up an energy efficient and environment friendly co-generation power plant at IOC’s Haldia refinery complex.
India: petrochemicals plant
Reliance Industries Ltd (RIL) will be investing in its Hazira petrochemicals plant within the next year.
Big oil investment in Russia
India is planning large investments in Russia’s energy sector as part of its strategy to secure foreign petroleum assets to meet the oil demand of its rapidly growing economy.