Global Energy Companies: Current Affairs, GK & News - 2020-2021

Global Coal Production falls for the 4th Consecutive Year

Published: March 27, 2020

According to a survey, in 2019, the global coal power plant development declined for the fourth consecutive year. A total of 13 GW of capacity construction delayed due to Corona Virus. Highlights The survey was conducted by the Global Energy Monitor, Sierra Club, Greenpeace international and the Centre for Research on Energy and Clean Air. ..

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ONGC overtakes India Oil Corp as Most Profitable PSU

Published: June 3, 2019

The Oil and Natural Gas Corporation (ONGC) overtook India Oil Corporation (IOC) by regaining crown of being India’s most profitable Public Sector Undertakings (PSU). Key Highlights In the previous two financial years (2016-17 and 2017-18) ONGC had lost the most profitable PSU tag to IOC. In fiscal year 2018-19, ONGC’s net profits increased by 34% ..

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