Press release archives - Oil/Energy

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Monday, 8th Aug 2011

Vorks Energy sees huge potential in Indian solar energy market

India has a huge future growth potential for the solar photovoltaic industry. This is mainly due to the increasing electricity demand, high irradiation levels, favorable government policies, and investments worth billions of dollars being made in the sector. More...

Explore partnership opportunities with global energy firms at the India Power summit

Sparta Strategy, India's leading FDI Strategy consulting firm is organizing the India Power Summit 2011 and distinguishes itself as India's largest power conference focusing on promoting foreign direct investment, partnerships and capital raising opportunities in India's high growth power sector More...

Monday, 1st Aug 2011

Suzlon News - Significant Operating Turnaround In Q1 FY12

EBIT up YoY to Rs. 349 cr / USD 79 mn from Rs. (672) cr / USD (152) mn. Gross profit margins improved to 35%; from 30% in FY11, Strong order book of ~Rs. 29,291 More...

Friday, 29th Jul 2011

Suzlon News - Hon. Minister for New & Renewable Energy Dr. Farooq Abdullah Dedicates First Suzlon S97 Wind Turbine

The Honourable Minister for New and Renewable Energy, Dr. Farooq Abdullah, inaugurated and dedicated to the nation Suzlon's latest offering - the S97 - 2.1 MW wind turbine, in a ceremony in Tejuva, Rajasthan on Tuesday, 26th of July 2011. More...

Shriram EPC Subsidiary Wins Rs.75 Crore Order From GAIL

HSCL specializes in the execution and construction of cooling towers and air pollution control systems and has positioned itself as one of the foremost suppliers in the business More...

Invensys Inks Automation Contracts with Russia's TNK-BP

Automation systems to drive control, environment and safety excellence at Saratov refinery More...

Thursday, 28th Jul 2011

New Delhi Chief Minister inaugurates 220/33 kV GIS Substation at AIIMS Trauma Center, New Delhi, commissioned by Areva T&D India for Delhi Transco Limited

The substation was successfully commissioned by Areva T&D India's Transmission business (part of Alstom Grid) for its prestigious customer, Delhi Transco Limited. More...

Wednesday, 27th Jul 2011

Shriram EPC Limited Wins Contract For First-Of-Its-Kind GRP Piping System

Shriram EPC Limited (SEPC), a leading service provider of integrated design, engineering, procurement, construction and project management services for power plants, renewable energy projects, process and metallurgical plants and municipal service sector projects throughout India and manufacturer of wind turbine generators, has been awarded an order amounting to Rs. 23 cro... More...

Monday, 18th Jul 2011

Supreme Petrochem Ltd records a 45% increase in Net Profit for the year 10-11 to `87.69 crores

- Net revenues for the year at `1943.49 crores - Announces a dividend of ` 2.80 per equity share for the year 2010-11 More...

Sunday, 17th Jul 2011

Vijai Electricals Hands over 1200 kV World's Highest Voltage, Power Transformer to Power Grid Corporation of India Limited

- Vijai Electricals accomplished the task of manufacturing world's Highest voltage Power Transformer. - 1200 kV is the highest voltage which no other country has. More...

Renewable energy sector in India to grow on high resources, incentives and investments

This report will serve as a complete reference document for the non-conventional or clean energy sector which comprises of wind energy, solar energy, hydro energy, biomass and waste energy. More...

Thursday, 14th Jul 2011

Oil Ministry refutes CAG allegation on offering financial benefits to private operators

In a steaming issue between oil ministry and Comptroller and Audit General (CAG) body, the ministry has taken a stand and claimed that it as abided by all provisional mandates in dealing with private operators. More...

Wednesday, 13th Jul 2011

Honeywell Helps Ithaca Energy Monitor Operational Performance of Key North Sea Oilfield

Honeywell (NYSE:HON) today announced that Ithaca Energy (UK) Ltd ("Ithaca Energy") has selected its digitally enabled Well Performance Monitor (WPM) from the Advanced Solutions business of Honeywell Process Solutions (HPS) to manage the operational performance of its new Athena oilfield in the North Sea More...

DelSolar Completes Largest Solar Installation at U.S. Foodservice Facility

DelSolar Development USA, a subsidiary of DelSolar Co. Ltd., completed a 1.15 MW solar photovoltaic (PV) project for U.S. Foodservice in La Mirada, CA, which is currently the largest in a series of similar projects for the broadline food distributor More...

Sanjiv Goenka launches new Group Corporate identity

In its new form, the RP-Sanjiv Goenka Group will have an asset base of `14,000 crore, revenue of over `9,000 crore, market cap of `4,500 crore, 100,000 shareholders and employee strength of more than 16,000. More...