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.
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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