Indraprastha Gas Ltd is reducing piped natural gas prices for homes. Consumers in Delhi and NCR towns will see a Rs 0.70 per standard cubic metre cut. This change takes effect on January 1. The new price in Delhi will be Rs 47.89 per scm. This move follows a tariff overhaul by the sector regulator.
Rosatom’s Nuclear Fuel Division has supplied initial fuel for Unit 3 of India’s Kudankulam NPP, marking the first VVER-1000 units to launch with an 18-month fuel cycle. This advancement, achieved through Russian-Indian cooperation, enhances efficiency and cost-effectiveness, building on successful implementations in Russia and China.
Indian Oil Corporation has bought Colombian crude for the first time. This move diversifies India’s oil sources away from Russia. Indian refiners are seeking new suppliers due to sanctions. Indian Oil Corporation secured two million barrels of Castilla crude. This purchase is for delivery in late February. The company has an option to buy more.