GOOD EVENING INDIA

June 20, 2018, Wednesday

Your Evening News Updates From Across The Media Space

India requires a new market design to resolve stressed power assets: FICCI

India requires a new market design to resolve stressed power assets: FICCI

Industry chamber Federation of Indiana Chambers of Commerce and Industry (FICCI) today pitched for creation of a completely new market design in the power sector apart from linking the upcoming natural gas trading hub with spot power market as a solution for resolving the stressed assets in the electricity sector.

Read more

Magenta Power sets up India’s first solar-based charging station, aims to expand by end 2018

Magenta Power sets up India’s first solar-based charging station, aims to expand by end 2018

A major aspect of why a buyer is deterred from opting an electric vehicle in India is the lack of charging infrastructure, which gives way to the anxiety of running out of juice. Now though, the situation is on the trend of getting better and Magenta Power is doing its bit to add to it.

Read more

Inder Jit Singh appointed as coal secretary

Inder Jit Singh appointed as coal secretary

The Appointments Committee of the Cabinet (ACC) has cleared the appointment of Inder Jit Singh, a 1985-batch Kerala cadre Indian Administrative Service (IAS) officer, as the coal secretary.

Read more

Sterlite Copper protests in Tuticorin give fresh impetus to tribe in Niyamgiri

Sterlite Copper protests in Tuticorin give fresh impetus to tribe in Niyamgiri

After Tamil Nadu shut a copper smelter run by Vedanta Resources following deadly protests, the company faces another challenge 1,000 miles away, where axe-toting tribesmen and environmentalists have joined forces to demand the closure of an alumina refinery.

Read more

In Kerala’s tribal villages, turbines are turning the tide

In Kerala’s tribal villages, turbines are turning the tide

The true cost of hydro power… is not money but time,” writes editor and author Prem Shankar Jha in his latest book, Dawn of the Solar Age. Environmentalists and human rights activists protest hydro projects across the country, and as Jha points out, wind, solar PV, and solar thermal power today provide viable alternatives.

Read more

From 10,000 to 1.45 lakh footfalls in 2 years: Coal mines become major tourist attractions in Maharashtra

From 10,000 to 1.45 lakh footfalls in 2 years: Coal mines become major tourist attractions in Maharashtra

Coal mines have become major tourist attractions in Maharashtra, all thanks to the changing perception which has generated interest in the life of the miners, reports BusinessLine.

Read more

Minister hints at hike in electricity charges

Minister hints at hike in electricity charges

Power minister M M Mani has given strong hints about a possible hike in power tariff in the near future. The minister told the assembly on Tuesday that the government had no other option but to go for an increase in the power tariff since the KSEB had accumulated a debt of Rs 7,300 crore.

Read more

Karnataka regulator pegs wind power ceiling tariff at Rs 3.45

Karnataka regulator pegs wind power ceiling tariff at Rs 3.45

Karnataka’s power regulator has fixed a ceiling tariff of Rs 3.45 per unit for wind auctions in the state and directed that all future purchases of wind power should be solely through competitive bidding.

Read more

Tata Power Renewable signs power purchase pact with GE

Tata Power Renewable signs power purchase pact with GE

Tata Power Renewable Energy Ltd today said it has entered into a power purchase agreement (PPA) with GE to provide solar rooftop solutions for six manufacturing and services sites in India.

Read more

TS Genco refutes FGG charge of using old technology

TS Genco refutes FGG charge of using old technology

TS Genco is racing against time to commission the Bhadradri thermal power plant by the end of the 2018-19 financial year and has decided to go for a hydraulic test in June.

Read more

Delhi firm fined Rs 18 crore for inflating coal import value

Delhi firm fined Rs 18 crore for inflating coal import value

Customs, Excise and Service Tax Appellate Tribunal has set aside an order that imposed penalties of Rs 17.5 crore and Rs 1.25 crore on Delhi-based Knowledge Infrastructure Systems Private Ltd and its promoter Rahul Bhandare, respectively.

Read more

Energy regulators: No grid emergency to justify coal bailout

Energy regulators: No grid emergency to justify coal bailout

Federal regulators on Tuesday disputed the Trump administration's claim that struggles facing the coal and nuclear industries threaten the reliability of the nation's power grid.

Read more

After 14 Days Of Cuts, Petrol, Diesel Prices Give You No Respite Today

After 14 Days Of Cuts, Petrol, Diesel Prices Give You No Respite Today

Petrol and diesel prices were kept unchanged on Wednesday. While petrol rates were held steady after 14 days of cuts, diesel prices were at the same levels as the previous day after a gap of nine days.

Read more

Rising oil prices, accelerating growth prompted RBI to hike rates: Uday Kotak

Rising oil prices, accelerating growth prompted RBI to hike rates: Uday Kotak

Rising oil prices and accelerating growth in vast swathes of the economy created a situation akin to a “tug of war”, prompting the Indian central bank to raise benchmark rates for the first time in more than four years, Asia’s richest banker Uday Kotak said Tuesday.

Read more

Hong Kong consortium makes $9.8 bn bid for Australia's APA

Hong Kong consortium makes $9.8 bn bid for Australia's APA

A consortium led by Hong Kong's CK Infrastructure Holdings made an unsolicited Aus$13 billion (US$9.8 billion) bid for gas pipeline company APAWednesday, with the Australian firm agreeing to open its books.

Read more

Crude oil futures slip 0.29 pc on global cues

Crude oil futures slip 0.29 pc on global cues

Crude oil futures slipped 0.29 per cent to Rs 4,465 per barrel today, in step with a weak trend in Asia, as traders cut down their exposure.

Read more

Oil prices fall on prospect of rising supplies

Oil prices fall on prospect of rising supplies

Oil prices fell on Wednesday, pulled down by rising supplies in the United States and expectations that voluntary production cuts led by producer cartel OPEC could be loosened.

Read more

COLUMN-Oil prices stall as hedge funds take profits: Kemp

COLUMN-Oil prices stall as hedge funds take profits: Kemp

Investors continue to reduce their bullish position in crude oil futures and options, after a blistering rally over the last year, but now the profit-taking has spread to refined fuels such as gasoline and heating oil.

Read more

Oil shortage or surplus? Floating storage swamps Europe

Oil shortage or surplus? Floating storage swamps Europe

OPEC is considering whether or not to raise its oil production to prevent the global market from becoming too squeezed, but there is one part of the world that is telling a very different story about the balance between supply and demand.

Read more

How mango, 'chiku' may stop India’s bullet train

How mango, 'chiku' may stop India’s bullet train

The bullet train project in India is facing a challenge from Mango and sapota (the fruit popularly known as 'chiku') growers in Maharashtra who are backed by local politicians.

Read more

Indian Railways punctuality leaves much to be desired; Howrah worst performer

Indian Railways punctuality leaves much to be desired; Howrah worst performer

Howrah Division in Bengal is the worst performer as far as trains running on time is concerned, with a punctuality performance of only 34 per cent for the week ended June 3. It is closely followed by Lucknow Division with 39 per cent.

Read more

Four road projects to cut travel time, improve goods transport

Four road projects to cut travel time, improve goods transport

To give a major fillip to freight movement and reduce travelling time between major cities in Tamil Nadu, the Centre is planning four major road projects in delta and southern districts.

Read more

NDA government built 73 pct more highways than UPA’s last 4 years

NDA government built 73 pct more highways than UPA’s last 4 years

The Narendra Modi government has built around 73% more national highways in its first four years till 2017-18 compared with the last four years’ in office of the previous UPA dispensation beginning 2010-11.

Read more

BHEL to foray into Metro Rail Coaches development biz

BHEL to foray into Metro Rail Coaches development biz

State-run BHEL will foray into development of metro rail coaches and is also exploring the possibility of manufacturing lithium-ion batteries in India along with four foreign firms, Union Minister Anant Geete said today.

Read more

Even Rajdhani was criticised, bullet train will spur economy , says Piyush Goyal

Even Rajdhani was criticised, bullet train will spur economy , says Piyush Goyal

Piyush Goyal is the Union Minister for Railways and Coal, holding the additional charge of Finance and Corporate Affairs. He is widely viewed as one of the most important policy minds in the government.

Read more

Railway Board sets Target of Rs.4 Lakh Crore by 2025 to turn IR profitable, double its Revenue

Railway Board sets Target of Rs.4 Lakh Crore by 2025 to turn IR profitable, double its Revenue

Railway minister Piyush Goyal has set a target of doubling the national transporter’s revenues to Rs 4 lakh crore by 2025 to make it profitable by then. Over this period, the total investment by the railways would be about Rs 9 lakh crore, he said.

Read more

YESTERDAY'S HEADLINES

https://goo.gl/7L57zs

Warm Regards
Team EnergyInfraPost.com
Twitter handle:@energyinfrapos1
For Feedback pl Write at:
Energyinfrapost@gmail.com

 

2016 EnergyInfraPost.com | Contact Us 
B 306, First Floor, Saraswati Vihar, Pitampura, New Delhi