IOC bags crucial auction for second time in a row

The largest oil company in the country, Indian Oil Corporation (IOC), has walked away with half of the natural gas that Reliance Industries Ltd and its partner, BP of the UK, offered in…

11 companies secure 39,600 MW solar manufacturing capacity under PLI scheme

In the second tranche of the government’s production-linked incentive (PLI) programme, as many as 11 companies, including Indosol, Reliance, and First Solar, have secured solar photovoltaic manufacturing projects with a combined 39,600 MW…

Reliance to commission new gas condensate field by the end of 2022

Reliance Industries Ltd. will put into operation its deepwater MJ gas condensate production in Bay of Bengal block KG-D6, bringing India’s total natural gas output to 30% by the end of this year….

Ola Electric inks pact with heavy industries ministry

In accordance with the government’s production-linked incentive programme, Ola Electric claimed to have struck a deal with the ministry of heavy industries for the local manufacture of advanced battery cells. The government had…