Power Grid to raise $3 bn from WB, ADB

Power Grid Corporation of India Ltd, which is hitting the stock market with its initial public offer next week, plans to mobilise about $3 billion (Rs 12,500 crore) from World Bank and ADB to fund......

RIL regains top slot in Platts global ranking, elbows out ONGC

Reliance Industries has regained the top slot among Indian energy companies on the Platts global list by surpassing state-owned Oil and Natural Gas Corp (ONGC) in the rankings for this year. In......

Indian power station coal stocks lowest since 2012 blackouts

Half of India's thermal power stations have less than a week's supply of coal on hand, according to weekly data, the lowest level since mid-2012 when hundreds of millions of people were cut off in......

94% of PSU offerings gained 10% on debut trade

The forthcoming public offers of CIL and SAIL can be a roaring success if the debut history of 28 PSUs since 2003 is any indication, as 94 per cent of these public sector companies listed with a......