India and the 27-nation European Union signed a nuclear pact on Friday to conclude the free trade treaty by 2010.
 
The two sides also agreed to expand their cooperation in countering terrorism by accelerating negotiations between Europol, the EU's nodal criminal intelligence agency, and the ...

Rajasthan-based energy major Cairn India has disclosed that an agreement has been signed with Reliance Industries for supplying crude, which it produces at the Mangala crude oil field in Barmer, to the latter’s Jamnagar refinery.
 
"The implied price realisation represents an ...

Tata Power Friday has entered into a deal with Norwegian renewable energy company S N Power for the development of hydropower projects in India and Nepal. The deal is the first ever deal signed by a Tata firm with a hydropower firm.
 
"Together, the joint venture aims to add 2,000 MW by ...

Cairn India has registered a net profit of Rs.469.5 crore for the second quarter of the 2009-10 fiscal which ended on Sep 30, logging a 60% increase from the net profit logged during last fiscal.
 
The consolidated revenue of Cairn India has been registered at Rs.229.8 crore for the period ...

Rural Electrification Corp has registered a net profit of Rs.494.36 crore for the second quarter of the 2009-10 fiscal year which ended Sep 30, witnessing a 60% surge from the Rs.308.79 crore reported during the 2008-09 Q2.
 
The total income of the company grew 38.29% to be logged at ...

According to US Agriculture Secretary Tom Vilsack, the US government has plans for entering into a partnership with the Philippines for creating opportunities for both nations in biofuel research.
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Vilsack, while addressing a press conference on Komday, has mentioned that more coopartaion ...

The Indian arm of Clenergen Corp, a biomass power manufacturer based in the US, has plans for setting up two wood-fired plants, which will have a total capacity of 71-MW in South India.
 
Clenergen India will be investing about Rs.1,135 crore for developing the plants in Tamil Nadu and ...

State-run Satluj Jal Vidyut Nigam Ltd has mentioned that the government’s decision for divesting 10% stake of the nationalized hydropower major will enable branding and creation of identity of the company.
 
"This (Disinvestment) will help us in branding our company. It will ...

Integrated lignite mining and power company Neyveli Lignite Corp will outsource mining activities at Bithnok and Hudla in Rajasthan.
 
The Rs.3,354-crore company has decided to mine lignite at Bithnok (2.25 million tonnes a year) and Hudla (two million tonnes) to fire its proposed power ...

The United Arab Emirates has informed the United Nations that the nuclear programme for generating electricity will be effective from 2017.
 
The UAE's Permanent Representative to the UN, Ahmed Al-Jarman, while addressing the ‘Disarmament and International Security’ committee at ...

Indian Renewable Energy Development Agency Ltd has joined hands with a German development bank, KfW, so that the generation of power from biomass can be promoted.
 
The agreement will enable IREDA to receive 19.971 million euros from KfW as financial assistance for the ...

Exide Industries, the battery maker, has reported a net profit of Rs.150 crore for the second quarter of 2009-10 fiscal, which is 92% up from the Rs.77.84 crore net profit which was posted during the corresponding period last year.
 
"The robust growth in profit level was possible due ...

The government has plans for replacing the Mines and Minerals Development Regulation Act, 1957 with a new legislation so that the concept of competitive bidding for allocating coal blocks to benefit consuming industries can be introduced.
 
"The new draft bill would be placed before ...

An industry body on Tuesday has stressed that government should be promoting small scale solar energy projects in the rural areas at the same pace of encouraging large scale projects. The body also added that this is vital for meeting the target of the generation of 20,000 MW solar power by ...

A US-India trade group has called for the reservation of two sites for US commercial nuclear technology, which is a vital step toward the US-India civil nuclear deal implementation. The sites are located at Mithi Virdi in Gujarat and Kovada in Andhra Pradesh.
 
Ted Jones, a US-India Business ...

Nationalized Nuclear Power Corp has signed a deal with two other state-run firms for funding its new projects. This step has been adopted by the nationalized firm as private players have been banned in atomic energy generation industry of India.
 
"We are going in for public ...

According to the energy and mineral resources minister of Indonesia, Purnomo Yusgiantoro , the power expansion programmes of the country will provide the Indian forms with a chance for making a good investment.
 
According to Yusgiantoro, who was addressing a business meet in New Delhi, ...

Oil India Ltd, a nationalized energy major, has announced that the drilling of Libya oil blocks will begin in October.
 
"We will drill four wells in Libya by 2010-11. We are hoping to begin onshore drilling in Libya by October by digging the first of the four wells," OIL ...

The inauguration of Cairn India's Mangala oil fields in Rajasthan was done by Prime Minister Manmohan Singh on Saturday.
 
The fields have been dedicated to the welfare of India by Dr. Manmohan Singh. Petroleum and Natural Gas Minister Murli Deora and Rajasthan Chief Minister Ashok Gehlot ...

Indian Vice President Hamid Ansari has told that the time when the India will see the private nuclear plants is "not so distant future". He emphasised on providing training for the human resources in this sector.
 
"While we can import nuclear fuel and technology, human ...

A pact has been signed by the Associated Chambers of Commerce and Industry of India, Assocham, and a Japanese firm on Tuesday which is aimed at the transfer of technology for the development of renewable energy parks in India.
 
The agreement has been signed by Assocham with Eiwat, a firm ...

Chennai-based Indian Auto Gas has plans to give a boost to its business by increasing its gas vending station. This decision has been taken up by the company as there are many LPG cars in market now.
 
"In the current year, we will be adding 39 new stations taking the total to 66 and ...

Liquefied natural gas worth 50 billion Australian dollars will be supplied by Australia to China. This is the largest resources deal that has ever been struck by Australia till now.
 
"The 50 billion Gorgon LNG project will be the biggest single investment ever made in Australia, ...

According to Renewable Energy Secretary, Deepak Gupta, blueprint for the production of about 20 giga watt (20,000 MW) of solar power will be prepared by 2009 end. This project is intended to boost the energy security of India in a continuous way that does not pose any harm for the ...

According to sources, prior importance will be given to the loading of fuel for the first unit of the 2,000-MW Kudankulam Nuclear Power Project in Tamil Nadu at the joint coordination committee meeting of the Nuclear Power Corp of India (NPCIL) and Russian agency AtomStroyExport, which is scheduled ...

Reliance Power of the Reliance Anil Ambani Gourp has completed its acquisition of the Jharkhand Integrated Power. This is a special purpose vehicle (SPV) that was floated for the implementing of the 4,000-MW Tilaiya ultra mega power plant project, from Power Finance Corp.
 
The development ...

A bio-gas plant in Madhya Pradesh will be set up by a Karnataka-based company to produce power from 'bhusa' (wheat chaff) and corn stems.
 
ASN Industries haws plans to set up the 7.5 MW bio-gas plant at Katni district by investing Rs.30 crore. The plant will be set up on 12 acres in the ...

According to IISc, Bangalore, electricity of about 18,000 MW can be produced annually from farm waste.
 
The National Biomass Resource Atlas that was recently prepared by the institute estimates that 120-150 million tonnes of farm waste are available that can be used for this purpose every ...

Suzlon, the wind power major, has reported a net loss of Rs.160.47 crore for 2009-10 Q1 as compared to a net profit of Rs.88.04 crore in 2008-09 Q1.
 
The total income reported by the company is Rs.359.32 crore in the first quarter, a dip of 75% from Rs.1,496.28 crore in 2008-09 Q1. ...

The net profit of 2009-10 Q1 for Tata has more than doubled to Rs.396.97 crore when compared to Rs.162.55 crore in the like period last year.
 
The total income has witnessed a marginal increase to Rs.2,123.2 crore from Rs.2,113.3 crore..
 
"During the June quarter, 7,964 ...