Government Increases Windfall Tax on Domestic Petroleum Crude Sales
The ministry of finance has raised the windfall tax on the sale of domestically produced crude oil to ₹4,900 per ton, effective March 16....
Government to Introduce Compressed Biogas into Urban Gas Distribution Network
In a significant effort to promote sustainable energy, the government has approved the ‘Scheme for Development of pipeline infrastructure for the Injection of Compressed...
Thermax to Initiate Commercial scale Trial for High Ash Coal Gasification Project
Thermax Ltd, a prominent player in energy and environmental services, is currently engaged in discussions with multiple steel companies located in the eastern region...
Solar Inverter Initiative Set to Save 21.1 Billion kWh
The Bureau of Energy Efficiency (BEE), a body under the ministry of power, has introduced a Standards and Labelling (S&L) program aimed at grid-connected...
Shin-Etsu Chemical Develops Water-based Fast-curing Silicone Resin
Shin-Etsu Chemical Co., Ltd. has developed silicone resin that does not use emulsifiers - the water-based, fast-curing silicone resin “KRW-6000 Series”. Silicone resins are...
KBR Bags Project Management Contract for Sonangol’s Lobito Refinery Project
KBR bagged a project management contract from Sonangol for the design and construction of a new 2,00,000 bpd refinery in Lobito, Angola. KBR will...
India and Cambodia Exploring Chemical Business Opportunities
A delegation consisting of more than twenty Indian companies specializing in the production and trade of dyes, dye intermediates, organic and inorganic chemicals, agrochemicals,...
Eris Lifesciences Completes Acquisition of Biocon Biologics India Branded Formulation Business
Eris Lifesciences has finalized a definitive agreement to purchase Biocon Biologics India-branded formulation division for ₹1,242 crore, a strategic move that bolsters its presence...
Third Tranche Auction for Vital and Strategic Minerals Commences
The ministry of mines initiated the third tranche of E-auction for critical and strategic minerals. Seven critical mineral blocks are being offered for auction...
India and UAE Forging Collaboration in Renewable Energy Sector
As India and the United Arab Emirates (UAE) deepen their trade relations, recent reports highlight the potential for increased cooperation in the renewable energy...
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