Tuesday, November 20, 2018         

Greetings From EnergyInfraPost.com

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Team EnergyInfraPost

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Power:RE/Coal&Mines

With DISCOM losses at Rs 50,000 crore, Tamil Nadu to join UDAY in few days

Power ministry’s flagship scheme, the Ujwal DISCOM Assurance Yojana (UDAY) will have soon have an important state-Tamil Nadu on board, likely by next week. With Discom losses of Rs 50,000 crore, Tamil Nadu’s joining will see over 90% of total DISCOM debts getting covered under the UDAY scheme.

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Sterlite Power Achieves Financial Closure for Transmission Project

Sterlite Power Transmission Limited (Sterlite Power) has achieved financial closure for its transmission Project that will increase electricity supply to residential, commercial and industrial establishments in parts of Haryana

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Hero Future Energies Raises Fresh Equity of US$125 Million to Fund Its Green Energy Growth Plans

Hero Future Energies (HFE), the renewable energy firm of the Pawan Munjal-led Hero Group, on Thursday announced raising US$ 125 million in equity infusion from the International Finance Corporation

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We plan to invest Rs 9,000 crore over four years in capacity expansion: Sunil Jain, CEO, Hero Future Energies

Hero Future Energies Ltd, the renewable energy arm of the Munjals-led $5 billion Hero Group, has just received a $125 million equity investment from the International Finance Corporation (IFC), the private sector investment arm of the World Bank Group. Read more...

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China to invest $360 bln in renewable power over four years through 2020

China will invest 2.5 trillion yuan ($361 billion) in renewable power generation between 2016 and 2020, the National Energy Administration (NEA) said on Thursday

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Dr. P.V. Ramesh, IAS takes over as CMD of Rural Electrification Corporation

Dr. P.V. Ramesh, an IAS officer of the 1985 batch of Andhra Pradesh Cadre has taken over as Chairman and Managing Director of Rural Electrification Corporation Limited (REC) on 5th January, 2017.

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A mining fund in Goa

Tourist brochures frequently describe Goa as some kind of utopia and the Economic Survey – expected

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VIDEO

Hero Group’s renewable energy firm, Hero Future Energies partners with IFC

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S. Padmanabhan nominated as Chairman of Tata Power

Tata Power has said that S Padmanabhan has been nominated as chairman of the board of directors of the company.

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BGR Energy bags Rs 650-cr worth contracts; shares zoom 6 per cent

BGR Energy Systems today said it has recently won two contracts worth Rs 650 crore for setting up water treatment plants.

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OIL AND GAS

Innovation & Technology to be the key drivers for IndianOil in coming years," Director (Refineries), IOC

Team IndianOil is fervently embracing technological advancements in its refineries and building capabilities of its people to be in readiness to seize promising opportunities in the changing energy landscape. Innovation & technology shall be the key drivers for the Corporation in the coming years, said  Read more...

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Factbox: Trump fills top jobs for his administration: Former Exxon Mobil Chief Tillerson is Secy of State

President-elect Donald Trump on Wednesday said Walter "Jay" Clayton, an attorney who advises clients on major Wall Street deals, was his choice to lead the U.S. Securities and Exchange Commission.

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Goa Government Hikes Value Added Tax On Petrol By 7 Per Cent

Four years after virtually abolishing Value Added Tax (VAT) on petrol as part of a poll promise, the Goa government today announced a seven per cent hike in VAT on the popular fuel.

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RIL pumps offer diesel at lower price than PSUs to regain market share

Reliance Industries has slashed the price of fuel to snatch back market share lost to state pumps in the days after demonetisation, when the latter accepted old notes for some time and currently offer a discount on digital purchases.

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Oil prices edge up as dollar retreats 14 year high

Oil prices edged higher on Wednesday on expectations that US crude oil inventories are falling and on signs that oil producers are willing to stick to agreed output cuts that came into effect this week.

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BPCL could raise $1 billion next week

MOil marketing company Bharat Petroleum Corp Ltd (BPCL) could raise anything between $500 million to $1 billion by selling dollar bonds to investors abroad as early as next week

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INFRASTRUCTURE

Railway Minister Suresh Prabhu steps in to give IRAS post to blind girl

A day after DNA reported how Pranjal Patil, 28, a visually challenged woman from Ulhanagar who had cracked the UPSC examination, was initially informed that she would get a job in the Indian Railway Accounts Service

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Report Card Of Rail Minister Suresh Prabhu’s At The End of Calendar Year 2016

From providing passenger services to announcing new trains, construction of new rail lines besides digitisation and tariff reforms on the freight side

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Tejas coaches to have LCD screens, Sanjeev Kapoor to finalise menu

Railways is looking to unveil new services in the new year as part of which passengers will be treated to cuisines curated by a celebrity chef coupled with ultra modern facilities to make it a world class journey

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Gadkari promises agriculture product processing units in villages for development

Union Surface Transport Minister Nitin Gadkari, addressing a public meeting for Saoner Nagar Parishad poll candidates on Tuesday

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Warm Regards,
Team EnergyInfraPost
Twitter: @EnergyInfraPos1

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