GOOD EVENING INDIA

March 25, 2019, Monday

Your Evening News Updates From Across The Media Space

REC acquisition to stretch PFC’s balance sheet

REC acquisition to stretch PFC’s balance sheet

The acquisition of the government’s 52.63 per cent stake in the Rural Electrification Corporation (REC) by Power Finance Corporation (PFC) will stretch the balance sheet of the latter, increase its leverage and have an impact on the Return

Read more

Power Grid inks pact with SMBC for Rs 1,397 cr loan

Power Grid inks pact with SMBC for Rs 1,397 cr loan

State-owned Power Grid on Tuesday said it has inked a loan pact with Sumitomo Mitsui Banking Corporation (SMBC) for 22 billion Japanese yen (Rs 1,397 crore), which will be used as capital expenditure.

Read more

550 mw solar power plants to be set up in UP : chopper services to be launched in 4 cities

550 mw solar power plants to be set up in UP : chopper services to be launched in 4 cities

Uttar Pradesh government, in order to promote green energy, has approved solar power generation, in the private sector, of 550 megawatt at a tariff rate between Rs 3.

Read more

Tariff relief will bring down our losses at Mundra by 50%: Praveer Sinha, Tata Power

Tariff relief will bring down our losses at Mundra by 50%: Praveer Sinha, Tata Power

Praveer Sinha; CEO & MD, Tata Power, spoke about the current situation being faced by the power sector, his expectations from Gujarat government’s resolution to increase power tariff, disinvestment and CapEx for expansions

Read more

India’s energy sector to attract $300 bn investment in coming decade: Pradhan

India’s energy sector to attract $300 bn investment in coming decade: Pradhan

Oil Minister Dharmendra Pradhan today said that the global investor industry has its eyes on India’s growing energy sector and investments in the tune of $300 billion is expected in the sector in the coming decade.

Read more

Focus On Renewables At The Cost Of Coal-Based Power May Cause Power Crisis In India, Say Industry Experts

Focus On Renewables At The Cost Of Coal-Based Power May Cause Power Crisis In India, Say Industry Experts

Energy experts have warned that India could face a power crisis in the near future if the government does not fastrack planning new thermal power plants and power transmission corridors, as reported by Economic Times (ET).

Read more

Goa mining dependents launch protest in Delhi

Goa mining dependents launch protest in Delhi

Mining dependants from Goa on December 11 launched a sit-in protest at the Ram Leela Maidan in New Delhi for resumption of mining activity in the coastal state.

Read more

Actis in talks to buy solar assets of Shapoorji for $200 million

Actis in talks to buy solar assets of Shapoorji for $200 million

Private equity firm Actis is in advance talks to acquire alternative power assets of Shapoorji Pallonji Group for about $200 million as the emerging market-focused investment firm looks to ramp up its renewable energy capacity in the country.

Read more

Solar power project to come up on thermal plant land

Solar power project to come up on thermal plant land

Almost A year after closure of Guru Nanak Dev Thermal Plant (GNDTP), Bathinda, Punjab government has decided to run a 100 MW solar power project on 250 acres of land of thermal plant which was used to dump flyash within this complex.

Read more

India's fuel demand fell 1.8 percent year on year in November

India's fuel demand fell 1.8 percent year on year in November

India’s fuel demand fell 1.8 percent in November compared with the same month last year. Consumption of fuel, a proxy for oil demand, totalled 17.27 million tonnes, data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry showed.

Read more

Petrol, diesel under GST not possible till revenues stabilise: Arvind Subramanian

Petrol, diesel under GST not possible till revenues stabilise: Arvind Subramanian

Former chief economic adviser Arvind Subramanian said Monday that the inclusion of petrol and diesel in the Goods and Services Tax (GST) ambit was not possible until the revenues under the new tax regime stabilises.

Read more

IOC, HP invite applications for retail dealership in JK

IOC, HP invite applications for retail dealership in JK

Indian Oil Corporation Ltd (IOCL) and Hindustan Petroleum Corporation Ltd (HPCL) have invited applications for retail outlet dealership in Jammu and Kashmir.

Read more

Pradhan on OPEC: Requirements of consuming nations should be considered

Pradhan on OPEC: Requirements of consuming nations should be considered

Oil Minister Dharmendra Pradhan on Wednesday said that Organization of Petroleum Exporting Countries' (OPEC's) decision on production cuts should not be one-sided and emerging requirements of consuming countries such as India should be taken into account.

Read more

India to wait and watch impact of oil producers’ output cut: Dharmendra Pradhan

India to wait and watch impact of oil producers’ output cut: Dharmendra Pradhan

India on Tuesday announced a “wait-and-watch” position on the Organization of the Petroleum Exporting Countries’ (OPEC) and non-OPEC producers’ decision last week to lower their production of crude oil by 1.2 million barrels per day for a six-month period.

Read more

Asian jet fuel discounts slip to 9-yr seasonal low as supply swells

Asian jet fuel discounts slip to 9-yr seasonal low as supply swells

Asian jet fuel price discounts stand at their lowest December levels in nine years as a supply glut offsets consumption even as the region’s aviation sector booms.

Read more

Assembly Election Results 2018: Petrol, diesel prices cut for sixth straight day

Assembly Election Results 2018: Petrol, diesel prices cut for sixth straight day

As people are waiting for assembly poll results to be announced, petrol, diesel prices have again come down on the sixth straight day in the wake of the softening of international crude oil prices.

Read more

Iran keeps crude prices in Asia at wide discounts against Saudi oil in January

Iran keeps crude prices in Asia at wide discounts against Saudi oil in January

Iran has set the official selling price (OSP) of its Iranian Light grade for its Asian buyers at 30 cents above the Platts Oman/Dubai average for January, $1 lower than the previous month, a price document reviewed by Reuters showed on Tuesday.

Read more

Bad news for people of these states! Indian Railways cancels 30 trains for 2 months, dozens of others affected too

Bad news for people of these states! Indian Railways cancels 30 trains for 2 months, dozens of others affected too

Despite all efforts and use of latest techniques and technologies like fog safe devices and detonators, the Indian Railways has not been able to battle back nature. Poor visibility during winters is a bane for travellers on Indian

Read more

Indian Railways to revive Siliguri-Sealdah route via Bangladesh? Train travel time to reduce to 7 hours!

Indian Railways to revive Siliguri-Sealdah route via Bangladesh? Train travel time to reduce to 7 hours!

India-Bangladesh railway connectivity to get a boost! Piyush Goyal-led Indian Railways is all set to revive the old Siliguri-Sealdah route via Bangladesh by the year 2021, states a ToI report.

Read more

NMRC Aqua Line likely to be inaugurated on December 25, final inspection begins today

NMRC Aqua Line likely to be inaugurated on December 25, final inspection begins today

The final round of safety inspection for the much-awaited Noida-Greater Noida metro corridor will be conducted from Tuesday by the Commissioner of Metro Rail Safety (CMRS). According to officials of Noida Metro Rail Corporation

Read more

Namma Metro Gets A Push: BMRCL To Explore PPP Model With BDA For Construction On PRR, NICE Road In Bengaluru

Namma Metro Gets A Push: BMRCL To Explore PPP Model With BDA For Construction On PRR, NICE Road In Bengaluru

A public-private partnership (PPP) model with the Bangalore Development Authority (BDA) is set to be explored by the Bangalore Metro Rail Corporation Limited (BMRCL) concerning the construction of metros on NICE Road

Read more

Indian Railways Affirms Faith In Train-18 After Successful Trials, Asks ICF To Build Four More

Indian Railways Affirms Faith In Train-18 After Successful Trials, Asks ICF To Build Four More

After successful trials at 180 km/hr of India’s fastest and first fireproof train, the Railway Ministry has asked the Integral Coach Factory of Chennai to fasten the manufacturing of more such train sets, reports the Financial Express.

Read more

Delhi Metro Phase IV: Good news for Delhiites! DMRC re-approves project; now Delhi cabinet nod awaited

Delhi Metro Phase IV: Good news for Delhiites! DMRC re-approves project; now Delhi cabinet nod awaited

Delhi Metro Phase IV: In the latest development, the board of directors of the Delhi Metro Rail Corporation (DMRC) have re-approved Delhi Metro’s Phase IV project, according to a TOI report.

Read more

GMR Infra subsidiary raises Rs 2256 million through CCDs

GMR Infra subsidiary raises Rs 2256 million through CCDs

MR Bajoli Holi Hydropower Private Limited (GBHHPL), a subsidiary of GMR Energy Limited and a step down subsidiary of GMR Infrastructure Limited, today announced the signing of definitive agreement for an investment

Read more

National highway to connect Kurukshetra to Mahendergarh

National highway to connect Kurukshetra to Mahendergarh

A 230-km long national highway will soon connect Kurukshetra and Mahendergarh, an official release said on December 10. To be constructed at a cost of Rs 5,108 crore, the NH-152D would pass through Kaithal

Read more

YESTERDAY'S HEADLINES

https://goo.gl/jpRRqw

 

 

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