GOOD AFTERNOON INDIA

December 17, 2018, Monday

Your Afternoon Newsletter In Energy And Infrastructure From Across The Media Space  

KEC International Bags ₹1,159-crore Order

KEC International Bags ₹1,159-crore Order

KEC International said it has bagged orders worth ₹1,159 crore in its transmission and distribution (T&D) business in both the domestic and overseas markets.

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PM Modi To Open International Solar Alliance Assembly Today

PM Modi To Open International Solar Alliance Assembly Today

Prime Minister Narendra Modi will inaugurate the first Assembly of the International Solar Alliance (ISA) in the presence of United Nations secretary-general Antonio Guterres on Tuesday.

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Solar Push: Second Version Of RE-Invest To Open Amid Regulatory Uncertainty

Solar Push: Second Version Of RE-Invest To Open Amid Regulatory Uncertainty

For solar and wind power projects, the Union government would only accept bids which are reasonable, power minister R K Singh said at a press conference recently.

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Coal India Has An Aspiration Target For This Fiscal. And, A Stiffer 700 Mt Target For 2019-20

Coal India Has An Aspiration Target For This Fiscal. And, A Stiffer 700 Mt Target For 2019-20

Public sector miner Coal India (CIL) will keep a stiffer target of producing 700 million tonne (MT) coal in 2019-20, while it is confident of achieving its aspirational target of producing 652 MT by the end of the current fiscal.

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Consumers Of Captive Power Complain Of Coal Supply Cuts

Consumers Of Captive Power Complain Of Coal Supply Cuts

Captive power consumers, who primarily run their electricity generation units to cater to own industrial production demand, have expressed dissatisfaction over the government’s recent move of prioritising power production utilities and central government companies for loading railway rakes for coal transportation.

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Energy From Solid Waste: PMC Inks Pact

Energy From Solid Waste: PMC Inks Pact

The Patna Municipal Corporation (PMC)’s ambitious waste-to-energy project is likely to become functional in a year or so with the civic body on Monday inking an agreement with the AG Dauters Waste Processing Private Ltd to execute the project.

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Core Sector Growth Slows Down To 4.2% In August

Core Sector Growth Slows Down To 4.2% In August

India’s infrastructure sector growth slowed to 4.2 per cent in August hit by a decline in crude oil and fertiliser production and sluggish performance of coal, steel, refinery products and natural gas sectors.

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Government Asks CIL To Supply Rakes To Power Sector On Priority Basis

Government Asks CIL To Supply Rakes To Power Sector On Priority Basis

The government has directed Coal India and its subsidiaries to give priority to power plants in fuel supply as plants are grappling with acute coal shortage, an official said.

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Coal India And Subsidiary Plans To Help Power Sector Tackle Acute Coal Shortage

Coal India And Subsidiary Plans To Help Power Sector Tackle Acute Coal Shortage

The government has directed Coal India and its subsidiaries to give priority to power plants in fuel supply as plants are grappling with acute coal shortage, an official said.

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Why No Tax Relief On Oil Imports Is Modi's Smart Move

Why No Tax Relief On Oil Imports Is Modi's Smart Move

Brent crude will be around $100 a barrel in March-April 2019, according to oil price forecasts, roughly the same price band as in May-June 2014. So, Narendra Modi came to power and will seek re-election with oil@$100.

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Fuel on fire: Petrol, diesel prices hiked again, check new rates here

Fuel on fire: Petrol, diesel prices hiked again, check new rates here

Fuel prices continued the upward trend across the country on Tuesday as the petrol price was hiked by 0.12 paisa and diesel by Rs 0.16 in Delhi.

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Alternate Fuel Solution to Spiralling Petroleum Issues: Gadkari

Alternate Fuel Solution to Spiralling Petroleum Issues: Gadkari

Union Road Transport, Shipping and Water Resources Minister Nitin Gadkari on said alternative fuel, like ethanol, methanol, bio-diesel, bio-CNG and electric vehicles will be the solution to the current spiral in the prices of petroleum products.

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Government Signs OALP-1 Contracts With Vedanta, ONGC

Government Signs OALP-1 Contracts With Vedanta, ONGC

As much as Rs 5,900 crore of investment has been committed in 55 oil and gas exploration areas awarded under India's maiden open acreage auction, OALP-1, Oil Minister Dharmendra Pradhan said Monday.

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Oil Sales To India Will Continue Despite US Sanctions: Iran

Oil Sales To India Will Continue Despite US Sanctions: Iran

The Iranian Foreign Minister said Iran's oil sales to India will continue despite the US threats of sanction pressures against Iran and its economic partner, Financial Tribune daily reported on Saturday.

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India Plans To Start 5,000 Compressed Biogas Plants In Four Years

India Plans To Start 5,000 Compressed Biogas Plants In Four Years

India plans to start 5,000 compressed biogas plants over the next four years to curb oil imports and improve farm incomes.

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Oil At 2014 Highs On Iran Sanctions, NAFTA Deal

Oil At 2014 Highs On Iran Sanctions, NAFTA Deal

Oil futures extended their rally on Monday, hitting their highest levels since November 2014, as US sanctions on Iran come into force and a North American trade deal fosters growth.

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Vedanta To Invest $4 Billion In India Block To Boost Output

Vedanta To Invest $4 Billion In India Block To Boost Output

Vedanta Ltd is investing $4.1 billion to boost oil output from its flagship Barmer block in the desert state of Rajasthan to over 400,000 barrels per day (bpd) in 2021, chairman Anil Agarwal said.

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Delhi Metro Rail Corporation Will Organise Daan Utsav From October 2 Onwards To Promote Charity

Delhi Metro Rail Corporation Will Organise Daan Utsav From October 2 Onwards To Promote Charity

The Delhi Metro Rail Corporation (DMRC) is going to celebrate 'Daan Utsav, 2018' through a host of activities from October 2 to 8.

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ADB Inks USD 150 Mn Loan Pact With Govt For Road Infra In Bengal, North East

ADB Inks USD 150 Mn Loan Pact With Govt For Road Infra In Bengal, North East

The Asian Development Bank (ADB) Monday said it has approved a USD 150 million loan to finance road infrastructure and international trade corridor in West Bengal and north-eastern states.

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Central Railway Mega Block On October 14 For Work On Separate Express Train Tracks

Central Railway Mega Block On October 14 For Work On Separate Express Train Tracks

After several hiccups, one of the most important work for laying new rail lines between Thane and Diva was partially completed on Sunday — the existing rail lines were shifted to make room for two new lines.

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Now, Railways Not To Mark Mahatma Gandhi's Birth Anniversary As 'Vegetarian Day'

Now, Railways Not To Mark Mahatma Gandhi's Birth Anniversary As 'Vegetarian Day'

AAfter drawing flak over plans to serve only vegetarian food on October 2, Indian Railways has decided not to mark Mahatma Gandhi's birth anniversary as 'Vegetarian Day'.

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‘Indian Railways — The Lifeline Of A Nation’: Google Chronicles The Journey Of The Over 150 Year-old Giant

‘Indian Railways — The Lifeline Of A Nation’: Google Chronicles The Journey Of The Over 150 Year-old Giant

Google’s Arts and Culture platform has announced a Rail Heritage Digitisation Project, that enables railway enthusiasts to undertake a virtual journey on one of the largest and busiest railways in the world — the Indian Railways, reports The Hindu.

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