FUEL

  • Fuel shortage known to discoms; notices given in advance: NTPC October 8, 2014

    New Delhi: Amid reports of complaints by power company of short supply of electricity, the state-run power producer NTPC on Wednesday said that fuel shortage is known to discoms and notices is given to them in advance about shortage of raw material. "NTPC is supposed to communicate with the distribution...
  • Delhi: DERC to review fuel surcharge, tariff may go up in November October 5, 2014

    New Delhi: Power tariff in the city may go up next month as Delhi Electricity Regulatory Commission is all set to levy a fuel surcharge to help the private distribution companies adjust their power purchase cost. While hiking the power tariff by up to 7.5 per cent for domestic consumers, the...
  • US nod to build LNG plant that will ship fuel to India September 30, 2014

    Washington: Ahead of Prime Minister Narendra Modi's meeting with President Barack Obama, the US has approved construction of a liquefied natural gas project that will ship the fuel to India. US regulators gave the final approval yesterday for Dominion Resources to build the east coast's...
  • Diesel rate likely to be cut by Re 1/litre, petrol by Rs 1.75 September 30, 2014

    New Delhi: Diesel price is likely to be cut by about Re 1 per litre, the first reduction in rates in over five years, while petrol price may be slashed by Rs 1.75. State-owned oil firms are likely to announce reduction in rates, made possible because of softening in international oil...
  • Government to exempt vessels carrying exim cargo from duty on fuel September 23, 2014

    New Delhi: In a bid to boost coastal trade, the government has decided to exempt vessels carrying exim cargo from paying customs duty on marine fuel, a top official said on Tuesday. "A decision has been taken that the coastal vessels which are carrying exim cargo or containers will be given...
  • Government moves LPG, fuel supplies to Kashmir valley September 11, 2014

    New Delhi: The government is moving LPG and other fuel supplies to marooned Kashmir valley using alternative routes, Oil Minister Dharmendra Pradhan said on Thursday. Fuel supplies have been restored in the Jammu region and efforts are on to move stocks into Srinagar. "Some of the oil installations are under water......
  • J&K floods: Oil installations under water, IOC airlifts aviation fuel to aid air sorties September 11, 2014

    Certain oil installations in the flood ravaged state of Jammu and Kashmir are under water, oil Minister Dharmendra Pradhan informed the media on Thursday. However, to deal with any adverse eventuality, Indian Oil Corp (IOC) has airlifted aviation fuel (ATF) to Srinagar to aid air sorties to the marooned valley. ...
  • IOC airlifts aviation fuel to Srinagar to aid flood relief September 11, 2014

    New Delhi: As the Army stepped up rescue operations in the flood ravaged Kashmir Valley, Indian Oil Corp (IOC) has airlifted aviation fuel (ATF) to Srinagar to aid air sorties to the marooned valley. Indian Army has swarmed jets, choppers and boats to rescue more than 82,000 people so far after...
  • Diesel price may be cut for 1st time in 7 years; Petrol by Re 1 per litre September 9, 2014

    New Delhi: With Brent crude oil prices dipping below $100 per barrel, petrol prices may be cut by Re one a litre and there is also a likelihood of first reduction in diesel rates in seven years. Petrol and diesel rates are due for revision on September 15 and there...
  • Petrol price cut by Rs 1.82 per litre, diesel rate hiked by 50 paise August 30, 2014

    New Delhi: In a major relief for the common man, petrol prices will be cut by Rs 1.82 per litre from midnight tonight. The diesel price, however, has been hiked by 50 paise. This is the third reduction in fuel prices in the month of August. Prior to Independence Day, the...
  • Japan creating fuelcell powered underwater vehicle August 8, 2014

    Tokyo: Japan's defence ministry on Friday said it was developing a fuelcell powered "unmanned underwater vehicle" but disputed a report that it was working with Washington on a submarine using the environmentallyfriendly technology. The report in the topselling Yomiuri Shimbun, citing unnamed ministry officials, said the unmanned, 10metre long sub could...
  • 'Coal issues need to be addressed for affordable power' August 1, 2014

    Panaji: Flagging off concerns about fuel shortages hurting power generation, senior executives on Friday said transportation and quality issues related to coal need to be immediately addressed for ensuring affordable electricity. "Affordable power is linked to many risk mitigation factors," Essar Energy Plc's Chief Executive Officer Sushil Maroo said on Friday....
  • Centre calls meeting with states on diesel price July 28, 2014

    New Delhi: With state specific levies adding up to Rs 7 a litre in price of diesel, the Centre has called a meeting with 12 states with the highest incidence of taxes like octroi and entry tax, to impress upon them to cut these duties and bring down prices. A litre of...
  • Spinach may help convert sunlight into clean alternative fuel July 27, 2014

    Washington: Popeye's favourite snack spinach, which gave the cartoon character super strength, also has the ability to convert sunlight into a clean, efficient alternative fuel. Purdue University physicists are part of an international group using spinach to study the proteins involved in photosynthesis, the process by which plants convert the sun's...
  • Cabinet to soon decide on 10 pc ethanol blending: Dharmendra Pradhan July 14, 2014

    New Delhi: Cabinet will soon take a decision on mandatory blending of 10 per cent ethanol with petroleum, Minister of Petroleum and Natural Gas Dharmendra Pradhan said on Monday. "The government has kept the interests of farmers in mind. It has started the process and the Cabinet will soon take a...
  • Government to change laws to permit cars to run on different fuels: Nitin Gadkari July 14, 2014

    New Delhi: Government will make necessary changes in law and bring it on par with international standards to enable cars, especially those running on biofuels, to ply on Indian roads, Road Transport Minister Nitin Gadkari on Monday said. He said that the government will try to introduce the changes in the...
  • Vladimir Putin signs nuclear energy deal with Argentina July 13, 2014

    Buenos Aires: Russian President Vladimir Putin has signed agreements on nuclear energy generation with Argentina as part of a Latin American tour aimed at building Russia's influence in the region. Argentina has been building nuclearpowered electricity plants to revive its nuclear programme and reduce its dependence on fossil fuels amid...
  • Branded petrol price cut by over Rs 5 per litre July 10, 2014

    New Delhi: Price of branded or premium petrol on Thursday was cut by over Rs 5 per litre after Finance Minister Arun Jaitley slashed excise duty on the fuel. Central Excise duty on Branded Petrol was cut from Rs 7.50 per litre to Rs 2.35 per litre. Branded petrol, which contains...
  • Linking rail fare with fuel price to hit common man: Naveen Patnaik July 8, 2014

    Bhubaneswar: Linking the railway fare with fuel price was likely to hit the common man, Odisha Chief Minister Naveen Patnaik said on Tuesday. "As regards the proposal for linking the railway fare with fuel price, I apprehend that this will affect the common man and expose them to vagaries of...
  • Egypt PM rejects public outrage against fuel price hike July 6, 2014

    Cairo: Egyptian Prime Minister Ibrahim Mahlab has rejected public outrage against the recent hike in fuel prices and asked them to accept the decision. Mahlab said this on Saturday during a phone interview with "90 Minutes program" on elMehwar TV channel. "This raise in prices is a hard way but...
  • JMM slams Modi government for raising fuel prices July 1, 2014

    The Jharkhand Mukti Morcha activists on Tuesday burnt an effigy of the Narendra Modi government protesting the hike in prices of petrol, diesel, LPG cylinders and rail fare. Led by Ranchi city president Antu Tirkey, JMM activists marched to Albert Ekka Square and burnt the effigy. "The hike in prices of petrol,...
  • Iraq crisis responsible for fuel price hike: Dharmendra Pradhan July 1, 2014

    Minister of State for Petroleum and Natural Gas, Dharmendra Pradhan blamed the Iraq crisis for the hike in fuel prices, saying that the government has been forced to raise the prices of fuels because they are indeterminately linked to market forces. ...
  • Nonsubsidised LPG price hiked by Rs 16.50 per cylinder; ATF by 0.6 pc July 1, 2014

    New Delhi: Price of nonsubsidised cooking gas (LPG) was on Tuesday hiked by Rs 16.50 per cylinder and that of jet fuel by over halfaper cent after international oil prices surged due to the ongoing Iraq crisis. The increase in rates of nonsubsidised LPG and ATF accompanies the Rs 1.69...
  • PM Modi takes stock of food inflation, faces flak over fuel price hike July 1, 2014

    New Delhi: The first big challenge for the Narendra Modi government has coming close on the heels of the delayed monsoon with the prices of food commodities having risen sharply. Prime Minister Narendra Modi has taken stock of the rise in prices of essential commodities and asked states to urgently...
  • Fuel price hike: Jayalalithaa demands rollback June 30, 2014

    Chennai: Tamil Nadu Chief Minister J Jayalalithaa on Monday opposed the latest revision in fuel prices, saying it has come as a 'disappointment' to people who voted for BJP expecting a change from the 'wrong' economic policies of the previous Congressled UPA. She urged the intervention of Prime Minister Narendra Modi...
  • WPI inflation at fivemonth high of 6.01 per cent in May June 16, 2014

    New Delhi: Wholesale pricesbased inflation in May accelerated to a fivemonth high of 6.01 per cent, driven up by higher food and fuel costs, government data showed on Monday. The rise in the wholesale price index (WPI) compared with a 5.4 per cent yearonyear jump forecast by economists in a Reuters...
  • Iran refused to fuel Pakistan PM Nawaz Sharif's aircraft over PIA dues June 4, 2014

    Lahore: Iranian authorities refused to fuel the aircraft of Pakistan Prime Minister Nawaz Sharif during his visit to Tehran last month to make the staterun PIA clear its dues amounting to just over $5000. "The Iranian airport authorities had refused to fuel the Pakistan PM's aircraft at the Tehran airport on...
  • Price of nonsubsidised LPG cylinders cut by Rs 23.50 June 2, 2014

    The government has decided to cut price of nonsubsidised cooking gas (LPG) by Rs 23.50 per cylinder after the Rupee's appreciation lowered import costs. The new rate will be effective from midnight. The rate of aviation turbine fuel has also been reduced by about Rs 1200 per kilo litre which...
  • Nonsubsidised LPG price cut by Rs 23.50, jet fuel by 1.8 pc June 2, 2014

    New Delhi: Jet fuel prices have been cut by 1.8 per cent and rates of nonsubsidised cooking gas (LPG) by Rs 23.50 per cylinder after the rupee's appreciation lowered import costs. The price of jet fuel, also known as aviation turbine fuel (ATF), at Delhi was cut by Rs 1,285.89 per...
  • Petrol price cut by 70 paise per litre April 15, 2014

    New Delhi: In a good news for the people, petrol price has been cut by 70 paise per litre. The price changes announced by oil companies are excluding local sales tax or VAT with effect from Tuesday midnight. Earlier, petrol and diesel prices were hiked by 75 paise and 50 paise a...