Lalit Kumar Gupta heads the downstream oil refining business of Essar Oil in India since December 2011. His diverse leadership experience in core sectors across energy (oil & gas), utilities (power) and steel has facilitated the company to see new elevations. His authoritative approach in the company witnessed the major optimisation in the refinery business, making Essar Oil a fully integrated oil & gas company of international scale.
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Private sector leads power capacity additions
The private sector developers accounted for much of the power capacity addition that has taken place so far this fiscal. During April-October 2011, the private sector added 4,301 MW, more than what was added by the public sector utilities put together.
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MERC rejects JSW Energy's power tariff revise plan
Regulatory authorities have rejected JSW Energy's plea to revise power tariffs because of difficulty in procuring fuel from Indonesia, a decision that analysts said was a setback for other companies seeking higher electricity rates on similar grounds.
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