Tuesday, November 13, 2018         

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EDITOR'S PICK

Piyush Goyal Backs Use of Drones and Modern Technology In Mining

Piyush Goyal Backs Use of Drones and Modern Technology In Mining

The ministry of mines has decided to give a major thrust to usage of drones or unmanned aerial vehicles (UAVs) to increase efficiency of India’s mining sector be it preparation and monitoring of mining plans, area inspection, production and exploration, dispatch and even checking and curbing the menace of illegal mining.

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Acquisitions are the flavour of global oil firms to boost reserves

Acquisitions are the flavour of global oil firms to boost reserves

The world's top oil companies are back in acquisition mode, targeting smaller exploration and development firms to boost hydrocarbon reserves through acquisitions in contrast to the mergers route that followed previous slumps in crude prices.

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crudeoil.jpg

Why oil can spoil India’s budget math

Mumbai: One of the biggest drivers of India’s superlative macro-economic performance in the recent past has been a relatively under-appreciated element: oil. Since 2014, the dramatic fall in crude oil prices has helped India contain her twin deficits, and tame inflation. But with oil exporting countries planning to curtail oil supply, raising the possibility of a rise in oil prices, …

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OTHER STORIES IN POWER/RE/COAL/MINES

World Bank sanctions Rs 1,376 crore for Tripura power upgradation

World Bank sanctions Rs 1,376 crore for Tripura power upgradation

The World Bank has sanctioned Rs 1,376 crore for complete upgradations and improvement of the power system network

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mining-india

Group of Secretaries proposes integrated clearance for mining

One of the Group of Secretaries, set up by Prime Minister Narendra Modi, has suggested an online single-window system

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NHPC-L-2

NHPC fully restores 132 MW Teesta plant-III

State-run hydro power producer NHPC today said it has fully restored its Teesta Low Dam Project-III (TLDP-III) of 132 MW in West Bengal, which was shut due to restoration work of GIS. “TLDP-III (4 X 33) 132 MW Power Station in West Bengal has been completely restored on January 18, 2017 which was under complete shutdown for restoration work of GIS (Line-I Bay),” NHPC Ltd said in a BSE filing today.

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Metals Tycoon Plans to Make Electric Vehicles in India by 2020

Metals Tycoon Plans to Make Electric Vehicles in India by 2020

JSW Group, an Indian conglomerate with interests in metals to power generation, plans to venture into electric cars by 2020

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JSW GROUP

JSW Group And Its Unsatiated Appetite For Acquisitions

JSW Group has never hidden its intention to grow via acquisitions. In fact its cement division has just acquired Odisha-based Shiva Cement Ltd. and chairman Sajjan Jindal maintains that almost all its divisions are on the prowl to acquire stressed assets which make strategic sense for the individual companies. He believes the private investment cycle is finally turning around in …

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Budget 2017: Power Ministry wants tax sops booster for ‘ongoing’ hydel projects

Budget 2017: Power Ministry wants tax sops booster for ‘ongoing’ hydel projects

With an aim to generate more electricity from clean energy sources, chiefly the hydropower sector, Ministry of Power has sought concessions for under-construction hydel projects in the upcoming Union Budget for 2017-18.

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OIL AND GAS

Finance Minister to give importance to the infrastructure

Budget 2017 to be historic; expect FM Jaitley to give importance to infra, power: Nitin Gadkari

Nitin Gadkari expects Budget 2017 to be ‘historic’. In an interview to ET Now, the Roads and Transport minister said, “I expect the Finance Minister to give importance to the infrastructure and power sector in the Budget

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Oil and Trump: Russians full of optimism in Davos

Oil and Trump: Russians full of optimism in Davos

Twelve months ago, the mood of the Russian delegation at the World Economic Forum in Davos was distinctly gloomy

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India's petroleum sector attracted FDI worth $1.18 billion in the last two financial years

India's petroleum sector attracted FDI worth $1.18 billion in the last two financial years

India’s oil and gas sector has attracted foreign direct investments worth $ 1.18 billion in the past two financial years between April 2014 and March 2016, the government said in its “achievement report” for the petroleum sector.

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Saudi Arabian

Saudi Arabia's oil giant likely to set up crude refinery in Andhra Pradesh

Global giant in the oil sector, Saudi Aramco has hinted at setting up a refinery in Andhra Pradesh.

The Saudi Arabian oil major also evinced interest in turning coastal Andhra Pradesh as one of its major bases but this plan will move forward only after the Centre okays the proposa

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Saudi energy minister

India, China to fuel demand for natural resources, says Saudi energy minister

India is set to play a bigger role in shaping the energy policies of the Middle East due to its growing hunger for oil. Saudi energy minister Khalid al-Falih,

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Centre agrees to supply LNG to households in Yanam: V Narayanasamy

Centre agrees to supply LNG to households in Yanam: V Narayanasamy

Chief Minister V Narayanasamy on Wednesday said the Centre has acceded to the Puducherry government’s plea to supply cooking gas to every household through pipelines in Yanam region, an enclave of Puducherry in Andhra Pradesh.

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INFRASTRUCTURE

Essar

Essar Steel Debt Being Restructured, No Plan To Exit Steel: Prashant Ruia

The Essar Group-Rosneft PJSC deal was the biggest foreign direct investment (FDI) deal in 2016, with the Russian petrochemical giant

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Attain Cost-efficiency

Railways Pushing Renewable Energy to Attain Cost-efficiency: Suresh Prabhu

In a bid to adopt green technology, the Indian Railways is giving a big push to renewable energy to attain cost efficiency, Minister Suresh Prabhu said on Wednesday.

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