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India’s fuel demand jumps 24 per cent year-on-year in May – EQ Mag Pro

India’s fuel consumption jumped 23.8% in May from a year earlier, continuing a recovery from a relatively low base in 2021 amid Covid outbreak Consumption of fuel, a proxy for oil demand, totalled 18.27 million tonnes last month, according to data from the Indian oil ministry’s Petroleum Planning and Analysis Cell. Last month’s increase was […]

Fitch Ratings affirms Clean Renewable Power’s USD 363 mn notes ‘BB-‘ rating with stable outlook – EQ

Power generation doubles in May on imported coal blending – EQ Mag Pro

Several measures taken by the Ministry of Power in recent past have ensured increased power generation in domestic coal-based (DCB) plants as well as (imported coal-based) ICB plants. Power generation by domestic coal-based plants that blended imported dry fuel has more than doubled to 143 million units (MU) per day in May compared to 66 […]

Fitch Ratings affirms Clean Renewable Power’s USD 363 mn notes ‘BB-‘ rating with stable outlook – EQ