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September,20,2018,Thursday

WEEKLY NEWS UPDATES IN POWER/COAL/MINES/RE

LATEST NEWS

NTPC takes equity stake in two Bihar state power projects for Rs 21 billion

NTPC takes equity stake in two Bihar state power projects for Rs 21 billion

India's largest thermal power generator NTPC Limited announced equity acquisition of two state-owned power plants in Bihar for an estimated Rs 21 billion.

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MOST NOTABLE STORIES OF THE WEEK

Tata Steel seals venture with Thyssenkrupp, will become Europe's second largest steelmaker

Tata Steel seals venture with Thyssenkrupp, will become Europe's second largest steelmaker

Thyssenkrupp’s supervisory board on Friday gave the green light for a steel joint venture with Tata Steel, paving the way for the European steel sector’s biggest shake-up in more than a decade.

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SAIL Despatches First Consignment Of Wheels For Kolkata Metro

SAIL Despatches First Consignment Of Wheels For Kolkata Metro

Steel Authority of India (SAIL) today said its Durgapur Steel Plant (DSP) has despatched the first consignment of metro railway wheels for Kolkata Metro, giving a fillip to 'Make in India' drive.

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ABB sees big potential in EV charging infrastructure in India

ABB sees big potential in EV charging infrastructure in India

Swiss engineering major ABB is bullish on the growth opportunity in India’s electric vehicle charging market. The company is also keen to harness its strong foothold in solar energy generation in India to provide not just EV chargers but a clean charging ecosystem altogether.

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BP acquisition of chargemaster may benefit Indian EV market

BP acquisition of chargemaster may benefit Indian EV market

Energy giant BP has acquired Chargemaster, UK’s largest electric vehicle (EV) charging company, which analysts say can have implications for the fledgling Indian EV market that’s just beginning to develop the charging infrastructure.

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India's Power Grid hits 1-1/2-yr low; charts suggest further downside

India's Power Grid hits 1-1/2-yr low; charts suggest further downside

Shares of Power Grid Corp of India Ltd fall as much as 1.44 pct to 184.5 rupees, lowest since Jan 3, 2017. Power transmission co's stock breaks below a support at 186.1 rupees, the 38.2 pct Fibonacci retracement level of the uptrend from Sep. 7, 2015 low to Aug. 8, 2017 high

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In Race For The Biggest Electric Vehicle Battery Plant, BYD Steals A March

In Race For The Biggest Electric Vehicle Battery Plant, BYD Steals A March

BYD is building what would become the world’s largest vehicle-battery factory next year in an effort by the Chinese electric-car maker to increase capacity and help revive earnings growth.

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Assam Co Pie Only Tangible Asset Of Assam Oil

Assam Co Pie Only Tangible Asset Of Assam Oil

The corporate insolvency resolution process of Assam Company India Ltd (ACIL), the oldest tea company in India, could be a long-drawn affair.

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SAIL could surprise with strong growth in production, profit

SAIL could surprise with strong growth in production, profit

India’s competitive steel leader-board is led by the Tatas and the JSW Group. In their midst, Steel Authority of India (SAIL) is often described as a producer with a high cost base. But it could surprise the Street by its positive performance in the coming two years.

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India May Need $4.5 Trillion For Funding Infrastructure Over The Next 10 Years, Says Piyush Goyal

India May Need $4.5 Trillion For Funding Infrastructure Over The Next 10 Years, Says Piyush Goyal

Speaking at AIIB's second annual meeting in Mumbai, interim finance minister Piyush Goyal said about $4.5 trillion worth of funding would be necessary for infrastructure products over the next ten years.

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Haryana CM Accords Approval For Installation Of 10 Lakh Smart Power Meters

Haryana CM Accords Approval For Installation Of 10 Lakh Smart Power Meters

Haryana Chief Minister Manohar Lal Khattar has accorded approval for installation of 10 lakh smart power meters in five districts of the states.

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Bihar planning to have 2,000 MW solar power by 2022: Deputy CM

Bihar planning to have 2,000 MW solar power by 2022: Deputy CM

Deputy CM Sushil Kumar Modi said on Sunday the power plants at Pirpainti in Bhagalpur and Kajra in Lakhisarai, which were initially proposed to be coal-based thermal power plants, would now be solar power plants.

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Centre plans 25 per cent greenhouse gas emission cut by 2020: Minister

Centre plans 25 per cent greenhouse gas emission cut by 2020: Minister

Emission of greenhouse gases that lead to global warming and climate change would be reduced by 20-25% in India by 2020 and 33-35% by 2030, Union minister for environment, forest and climate change Harsh Vardhan said.

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