Nepal-India ink deal for oil pipeline

A new pipeline project to export petroleum from India to Nepal has been approved. India’s Petroleum & Natural Gas Minister Dharmendra Pradhan and Nepal’s Minister of Commerce and Supplies Sunil Bahadur Thapa singed a Memorandum of Understanding (MoU) this week. The 41km pipeline will stretch from Raxaul in India to Amlekhgunj in Nepal. The Himalayan […]

India’s Government to sell 10% stake in Indian Oil

The Government of India has decided to sell 10% of its stake in the country’s biggest oil company. The Cabinet Committee on Economic Affairs confirmed it has approved the proposal of disinvestment in the Indian Oil Corporation Limited (IOCL) in a statement. After the transaction, the Government of India’s shareholding in the company would come […]

Solar powered petrol stations pumping in India

Petrol pumps in some of the rural areas in India have started getting solar power backup in an attempt to provide fuel more efficiently to customers. Reports claim solar energy is powering two of Indian Oil’s petrol stations in the state of Andhra Pradesh. Su-Kam Power Systems installed a 2KW solar plant at Kuchipudi Village […]