Daily Archive: January 20, 2016

Government to consider new power tariff policy tomorrow

The government will consider a new power tariff policy tomorrow which aims at promoting clean energy, better regulation of discoms and faster rollout of investments. “New power tariff policy will be placed tomorrow before...

CAG must probe Delhi discoms: Satyendra Jain

Delhi Health Minister Satyendra Jain on Monday said the Comptroller and Auditor General (CAG) of India must probe the three power discoms. “There must be probe into it. The Delhi Government has invested more...

DERC cites ‘terror threat’ to deny RTI info

The capital’s power regulator, Delhi Electricity Regulatory Commission, has cited ‘threat from terrorism’ among reasons to deny information under RTI on the movement of official vehicles used by its members, secretary and three executive...

RIL Q3 net up 39% to record Rs 7,290cr

Reliance Industries’ (RIL’s) third quarter (Q3FY16) consolidated profit rose 39% to a record Rs 7,290 crore ($1.1 billion), boosted by the highest refining margins in seven years. The company’s refineries earned $11.5 on each...

In US, oil may get cheaper than beer

The US is racing towards a sub $1 per gallon gas (Rs 67 for 3.78 litres of petrol), returning vehicle fuel to a status as the least expensive liquid in the country cheaper than...