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CIL’s e-auction sales up 52% in April-May; demand from power sector still unsteady

CIL’s e-auction sales are beginning to look up as the company posted 52.5 percent growth, in auction bookings during April-May

Indian Oil operating its refineries at 84%, down from 96.1% in April: CMD

Indian Oil Corporation (IOC) is operating its refineries at 84 percent of their capacity as on May 17, IOC CMD SM Vaidya said

IOC Results 2021: Indian Oil posts highest-ever net profit of Rs 21,836 cr in FY21

In a year marred by the COVID-19 pandemic, Indian Oil Corporation (IOC) has posted its highest-ever net profit of Rs 21,836 crore

EV sale takes a hit in FY21, declines 20% y-o-y, says report

The sales trend of Electric Vehicles (EVs) in India during fiscal year 2020-21 (FY21) has registered a decline of 20 percent over FY20, said a report by JMK Research

India’s FY21 thermal capacity addition registers biggest-ever decline in atleast a decade

India’s thermal capacity addition was at its lowest in FY21 in a decade as the country added just 4,926.15 MW of coal-fired power plants

ONGC misses capex target; OIL, IOC, HPCL, BPCL exceed budgeted spending for FY21

ONGC missed its capex target for FY21 by one-fifth, while other downstream oil and gas companies, IOC, HPCL and BPCL exceeded the targeted spending

CIL surpasses capex target for FY21, logs highest-ever capex of Rs 13,115 cr

In a year marred by the COVID-19 pandemic, CIL has surpassed its revised capex for FY21 and has spent more than double the money it spent in FY20

CIL curbs coal imports by 90 MT in FY21; registers all time high auction bookings

At the end of Covid-clouded FY21 and amid output and off-take challenges, CIL’s silver lining came in the form of a decline in coal imports to the tune of 90 MT

Q3 FY21: PFC standalone net profit spurts 39% year-on-year to settle at Rs 2,333 cr

PFC has recorded a 39 percent jump in standalone Profit after Tax (PAT) year-on-year as the figure settled at Rs 2,333 crore for Q3 of FY21

BPCL Q3: Net profit zooms 120%; domestic sale at pre-Covid levels

BPCL has reported robust growth in earnings in Q3 of FY21 as it posted a growth of 120.3 percent in net profit

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