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Petroleum Minister Dharmendra Pradhan allays fears over oil prices

Crude oil prices rose to a three-month high of almost $72 a barrel soon after Iranian air strikes at US-Iraqi military bases, but cooled off amid speculation that Tehran is opting for limited retaliation over the killing of its top general

 
 
If 2017-18 saw private sector players adding 2,280 MW out of a target of 2940 MW, only 972 MW of private capacity was added in 2018-19
Coal mining sector: The move is likely to create an efficient energy market and bring in more competition as well as reduce coal imports
Distribution companies (discoms) owed a total of Rs 54,834 crore to power generation companies in November 2018, according to portal PRAAPTI
Ratings agency Icra revised its outlook for India's renewable energy sector this week from stable to negative. Icra expects no growth in capacity addition in FY20

The minister said in the Lok Sabha that states meet their demand from their own generating sources and share from central generating stations

 
 
Iran-US tussle: The rupee kitty with Iran began to shrink soon after India completely stopped crude oil imports from the country around six months ago
The PLF for private sector was at 52 per cent in the last month, marginally lower from 53 per cent a year-ago
The Navratna company will produce 20 million tonne of coal per annum from Talabira II and III coal blocks to fuel its 4,200 MW of thermal power projects
The Kudankulam power plant, based on light water nuclear technology, is being constructed as part of a Russia-India agreement in 1988
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