Wednesday, November 21, 2018         

Greatings From EnergyInfraPost.com

News Round Up From Across The Media

EDITOR'S PICK

Union Budget 2017-18: Key budget expectations for the energy sector

Union Budget 2017-18: Key budget expectations for the energy sector

India’s energy sector has witnessed rapid growth over the last one year fueled by interventional policies, reforms and investments.

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Supreme Court to hear plea seeking to defer Union Budget on Jan 23

Supreme Court to hear plea seeking to defer Union Budget on Jan 23

NEW DELHI: The Supreme Court today deferred to January 23 the hearing on a plea seeking postponement of Union Budget presentation ahead of the upcoming Assembly polls in five states. A bench comprising Chief Justice J S Khehar and Justice D Y Chandrachud, which has sought material and legal provisions in support of the PIL, preferred to go through the …

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POWER/COAL/MINE/RE

piyush_goyal_-PTI-LL

Accolades For Piyush Goyal and EESL: Distribution of LED Bulbs under UJALA crosses 20 crore

In a span of just two years and which is also a record of sorts, India is presently selling six lakh LED bulbs every day and has crossed yet another benchmark of distributing over 20 crore LED bulbs under its flagship UJALA scheme. This assumes significance given the savings of Rs 10,000 crore that will accrue annually in electricity bills of the consumers.

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Transco prepares 100-day plan for power supply

Transco prepares 100-day plan for power supply

Gearing up to meet a substantial increase in demand for power in summer and to ensure uninterrupted supply to consumers, the TS Transco has prepared a 100-day action plan, which would be implemented from February 1.

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Power discom reform: Centre to float mega tender for smart meters

Power discom reform: Centre to float mega tender for smart meters

With 21 states now agreeing to go along with the Ujjwal Discoms Assurance Yojana (UDAY), the scheme to rescue the finances of electricity distribution companies (discoms), the Union ministry of power will do a mega tender for procuring 'smart meters' for these states.

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Winter power demand hits new high

Winter power demand hits new high

Winter heating to counter a severe cold wave sweeping across north India has driven up power demand beyond what was seen in previous years, sending power distributors in the region scurrying to negotiate arrangements to prepare for contingencies.

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India as solar bright spot helps fill slowdown

India as solar bright spot helps fill slowdown

India may be a bright spot for global solar markets this year as it adds capacity at a record pace, becoming one of the top regions for panel producers struggling with rock-bottom prices.

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Union Budget 2017: Forging industry expects lower power tariff

Union Budget 2017: Forging industry expects lower power tariff

Indian foundry sector, whose 30 percent supplies goes to automotive industries, expects favourable power and electricity tariffs from the upcoming Union Budget 2017 scheduled to be presented on February 1.

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Davos 2017: Suzlon’s Tanti Hopes Budget Will Extend Exemptions For Renewables Sector

Davos 2017: Suzlon’s Tanti Hopes Budget Will Extend Exemptions For Renewables Sector

The renewables space is growing rapidly, Tulsi Tanti, chairman and managing director of Suzlon told BloombergQuint's Menaka Doshi on the sidelines of the 47th World Economic Forum at Davos.

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Kalpataru Power bags four orders for power transmission-related projects

Kalpataru Power bags four orders for power transmission-related projects

Kalpataru Power Transmission has bagged four orders for power transmission-related projects worth 1,295 crore. In a disclosure to stock exchanges, the company said the first order pertains to establishment of a transmission system for transfer of power to Bhutan from India.

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FirstEnergy to sell four Pennsylvania gas generating plants to LS Power

FirstEnergy to sell four Pennsylvania gas generating plants to LS Power

New Delhi: FirstEnergy Corp said on Thursday it would sell four gas-generating plants in Pennsylvania and portion of a Virginia hydroelectric power station to a unit of LS Power Equity Partners III LP for about $925 million. The power stations, owned by FirstEnergy's units, have a total capacity of 1,572 megawatts (MW). Akron, Ohio-based FirstEnergy's move comes as it shifts …

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"Momentum Jharkhand" to establish as an investment destination

"Momentum Jharkhand" to establish as an investment destination

The two-day 'Momentum Jharkhand' to establish the state as a premier investment destination for both Indian and foreign investors will be held here on February 16 and 17.

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Orient Green, IL&FS eye merger of wind business

Orient Green, IL&FS eye merger of wind business

Orient Green Power Company (OGPL) has announced that its board has approved exclusive discussions with IL&FS Wind Energy to evaluate a potential merger of the wind energy generation businesses of both entities.

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Chinese entry into power sector raises security fears

Chinese entry into power sector raises security fears

Indian power equipment manufacturers have raised alarm over vulnerability of the country's transmission networks to hacking as Chinese companies make steady inroads into SCAD

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Power Ministry to give renewable energy tag for supplies for large hydro projects

Power Ministry to give renewable energy tag for supplies for large hydro projects

The power ministry is proposing renewable energy status to supplies meant for large hydropower projects to help keep power tariffs low under the proposed goods and services tax.

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Mock drill held in Kalpakkam nuclear units

Mock drill held in Kalpakkam nuclear units

The department of atomic energy, Kalpakkam Centre, conducted a site evacuation drill to check emergency preparedness in its various nuclear installations on Friday.

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OIL AND GAS

Reliance Industries

Gas pricing FIR liable to be quashed: RIL tells HC

Reliance Industries Ltd (RIL)on Friday told the Delhi High Court the FIR lodged against it and two UPA ministers on alleged irregularities in raising gas price from KG-6 basin was liable to be quashed in view of its larger bench ruling that the Delhi government's ACB does not have power to probe central government officials.

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Trump Inauguration: Positive signs for gas sector as power transfers

Trump Inauguration: Positive signs for gas sector as power transfers

Donald Trump took the oath of office Friday promising to bring jobs back to the US and put America first in matters of trade and foreign affairs.

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Cashless discounts: Fuel retailers may ask govt for compensation

Cashless discounts: Fuel retailers may ask govt for compensation

State-owned fuel retailers are planning to approach the government to compensate them for their losses while giving a 0.75% discount for cashless payments, two people aware of the matter said.

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GAIL (India) to consider bonus issue and private placement of bonds

GAIL (India) to consider bonus issue and private placement of bonds

At board meeting scheduled on 25 January 2017

GAIL (India) announced that a meeting of the Board of Directors of the Company is scheduled on 25 January 2017, inter alia, to consider issuance of bonus shares and fund raising by issuance of bonds on private placement basis.

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INFRASTRUCTURE

Sharp decline in bank loans to infrastructure sector

Sharp decline in bank loans to infrastructure sector

Data from the Reserve Bank of India (RBI) on bank lending to the infrastructure sector shows a sharp contraction over the last two years.

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India focused on Chabahar as Japan reiterates commitment to port project

India focused on Chabahar as Japan reiterates commitment to port project

Japan and India are finally moving to fructify their partnership for development of the Chabahar port in Iran with Tokyo committing investment to help improve Afghanistan's access to the port.

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CCI fines 3 electrical firms for bid rigging for Indian Railways tenders

CCI fines 3 electrical firms for bid rigging for Indian Railways tenders

The Competition Commission of India (CCI) on Thursday found three electrical firms guilty of anti-competitive agreements for bid rigging of tenders floated by Indian Railways.

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National Mission on Clean Ganga discusses CSR initiatives with corporates

National Mission on Clean Ganga discusses CSR initiatives with corporates

In its bid to bring corporate houses on board in implementing Centre’s ambitious ‘Namami Gange’ programme, the National Mission on Clean Ganga

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Warm Regards.
Anupama Airy
EnergyInfraPost.com
Twitter: @energyinfrapos1

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