NTPC Gadarwara Super Thermal Power Station unit 2 enters into commercial operations

(adsbygoogle = window.adsbygoogle || []).push({}); NTPC said that the second unit of the 1.6GW Gadarwara Super Thermal Power Station Stage 1 in Madhya Pradesh has started commercial operations. The 800MW coal-fired power unit was commissioned earlier this month by BHEL. NTPC stated: “In line with the Corporate Disclosure requirements, More...

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By businessnewstoday On Tuesday, March 2nd, 2021
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BPCL board sanctions stake sale in Numaligarh Refinery for $1.3bn

Bharat Petroleum Corporation Limited (BPCL) said that its board of directors has approved the sale of the company’s stake of 61.65% in the Numaligarh Refinery for INR 98.75 billion ($1.34 billion) to a consortium More...

By businessnewstoday On Sunday, February 28th, 2021
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Equinor closes stake sale in Dogger Bank A and B offshore wind farms

Equinor has wrapped up its previously announced £206.4 million deal to divest a 10% stake in the 1.2GW Dogger Bank A offshore wind farm and the 1.2GW Dogger Bank B offshore wind farm to Eni. Both the Dogger Bank More...

By businessnewstoday On Thursday, February 25th, 2021
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Energean takes full ownership of Israeli subsidiary

Energean has wrapped up its previously announced acquisition of a 30% stake in Energean Israel from Kerogen Investments No.38, an affiliate of Kerogen Capital. The deal has enabled the UK-based oil and gas company More...

By businessnewstoday On Wednesday, February 24th, 2021
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NTPC, GAIL sign deals for Ratnagiri Gas and Power and Konkan LNG

NTPC said that it has signed share purchase agreements with GAIL (India) for acquiring the latter’s 25.51% stake in Ratnagiri Gas and Power (RGPPL) and for selling its stake of 14.82% in Konkan LNG (KLL). The More...

By businessnewstoday On Tuesday, February 23rd, 2021
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NGPL pipeline system : Kinder Morgan, Brookfield Infrastructure to sell 25% stake to ArcLight Capital for $830m

Kinder Morgan (KMI) and Brookfield Infrastructure Partners have jointly signed a deal worth $830 million to divest a stake of 25% in the NGPL pipeline system in the US to a fund controlled by ArcLight Capital Partners. The More...

By businessnewstoday On Monday, February 22nd, 2021
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Neptune Energy to acquire stakes in German oil and gas fields from Wintershall Dea

Neptune Energy has agreed to acquire stakes from Wintershall Dea across various oil and gas fields in the Emsland and the Grafschaft Bentheim region of Germany. The financial terms of the deal were not disclosed. The More...

By Soujanya Ravi On Sunday, February 21st, 2021
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Courseulles-sur-Mer Offshore Wind Farm : Saipem wins €460m contract for foundations

Italian contactor Saipem has secured a €460 million worth contract for the foundations of the 450MW Courseulles-sur-Mer Offshore Wind Farm in Normandy, France from Eoliennes Offshore du Calvados  (EODC). Subject More...

By Soujanya Ravi On Sunday, February 21st, 2021
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Hadselfjord cable project : Nexans secures €18m EPC contract from Statnett

Nexans has secured an engineering, procurement, construction and installation (EPCI) contract for the Hadselfjord cable project worth over €18 million from Norway’s national transmission and systems operator More...

By Soujanya Ravi On Sunday, February 21st, 2021
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EDP to power 300 Burger King restaurants in Spain with solar panels

Hamburger fast food chain Burger King has signed an agreement with Energias de Portugal (EDP), a Portuguese electric utility, for the installation of photo-voltaic panels in nearly 300 of its restaurants in Spain. The More...