Tuesday, January 31, 2023
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Vedanta

News Updates

Cairn Oil & Gas to convert Mangala pipeline to solar power by 2025

PSU Watch Bureau -
Vedanta's Cairn Oil & Gas will convert its Mangala pipeline that ships crude oil from its prolific Rajasthan oilfields to Gujarat to solar power by 2025
News Updates

NTPC, Vedanta,16 others get notices for delays in coal mines operationalisation

PSU Watch Bureau -
The govt has issued show cause notices to 16 companies, including NTPC, JSW Steel, Hindalco, Vedanta and NALCO, for delays in operationalisation of coal mines
Policy Watch

BPCL privatisation: Govt dumps 100% stake sale plan, say sources

PSU Watch Bureau -
With the BPCL privatisation plan moving at a snail’s pace, the government is believed to have dumped its plan to sell its 100% stake in the PSU
Corporate Watch

Vedanta invites bids for sale of 0.10 MMSCMD natural gas from Barmer field

PSU Watch Bureau -
Synopsis: Vedanta has invited bids for the sale of natural gas from its Barmer field in Rajasthan at a floor price of US$7.1 per mmBtu, an auction document showed. The company is planning to auction 0.10 Million MMSCMD of natural gas from its RJ-ON-90/1 Block
Corporate Watch

Commercial auction: Adani, Vedanta Aurobindo Realty amid 20 bidders for 19 coal mines

Shalini Sharma -

Adani Power Maharashtra, Vedanta Ltd, Hindalco etc are among the 20 companies that have put in bids for 19 coals mines on offer in tranche-2 of commercial auction of coal mines

Corporate Watch

Commercial coal block auction: Vedanta wins Kuraloi (A) North coal block in Odisha

PSU Watch Bureau -

The Centre has awarded the Kuraloi (A) North coal block in Jharsuguda district of Odisha to Vedanta Ltd

Corporate Watch

Delhi HC: Govt can ask Vedanta for 10% higher profit from Barmer block to extend PSC

PSU Watch Bureau -

The govt can demand 10 percent higher share in the profit derived from oil produced by Vedanta from the Barmer oil field to extend the PSC for another 10 years, said the HC

National News

India asked to pay Rs 8,000 cr to Cairn Energy; govt says will study arbitration case verdict

PSU Watch Bureau -

The Ministry of Finance said that the government will study the award in the arbitration case and will thereafter take a decision on the further course of action

National News

Vedanta on the lookout for a partner to jointly bid for BPCL, say sources

PSU Watch Bureau -

Anil Agarwal-led Vedanta is keen to bring equity partners on board to jointly bid for BPCL and has begun discussions in this regard, said sources

National News

DIPAM likely to float EoI for SCI disinvestment by Dec 18, say sources

PSU Watch Bureau -

The Centre is likely to invite EoI for the disinvestment of Shipping Corporation of India (SCI) by December 18, sources aware of the development said

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