REMC invites bids for 695 MW RTC Power from renewable projects

YEIDA Explores Road Link for Noida International Airport Connectivity

The Yamuna Expressway Industrial Development Authority (YEIDA) is exploring options to connect Noida International Airport in Jewar with NH-34, which passes through Sikandrabad in Bulandshahr. Discussions with the National Highways Authority of India (NHAI) have already begun to examine potential route alignments, with work underway on a detailed proposal. Before the land acquisition for the airport, Jewar was connected to Sikandrabad via a road. However, as the government acquired 1,334 hectares across six villages for the airport’s first phase, a 3 km stretch of the Jewar-Sikandrabad road..

India to Outpace Major Steel-Consuming Economies In 2025

India will continue to outpace other major steel-consuming economies in calendar year 2025 with a demand growth of 8-9 per cent, CRISIL's Market Intelligence and Analytics report said. This demand will be driven by a shift towards steel-intensive construction in the housing and infrastructure sectors along with better demand from engineering, packaging and other segments, the report added. The report, however, highlights that the domestic supply will remain a "point of concern," adding that the demand is estimated to have increased by 11 per cent in India. Competitive imports and a decline in..

Oil Prices Remain Near Four-Month Highs

Oil prices slipped at market open but remained near four-month highs as Chinese and Indian buyers sought new suppliers in the wake of the Biden administration's toughest sanctions yet on Russian oil. Brent LCOc1 futures slipped 22 cents, or 0.27%, to $80.79 a barrel by 0122 GMT, while U.S. West Texas Intermediate (WTI) crude fell 16 cents, or 0.2% to $78.66 a barrel. That followed roughly 2% gains in Monday trading, after the U.S. Treasury Department on Friday imposed sanctions on Gazprom Neft and Surgutneftegas as well as 183 vessels that trade oil as part of Russia's so-called "shadow flee..