Indian Energy and Power Sector News, Indian Energy News, Power Industry, Power Companies News.
Will Saudi Aramco deliver world record profit for next year's IPO?

Based on Aramco's oil reserves of 261 billion barrels and a valuation of $7 to $8 per barrel in line with recent industry acquisitions, it warrants close to the $2 trillion valuation.

 
 
The group has so far invested Australian dollar 3.4 billion on the Abbot Point port and preparatory work for the Carmichael coal mine.

The Department of Telecom today said it is working on electrifying 10,486 mobile towers from power grid in order to reduce diesel consumption on cell sites.

The objection over the deal comes from the fact that this deal will put Rosneft in control of the Vadinar port in Gujarat.
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