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Tuesday, November 20, 2018         

News Updates In Energy And Infrastructure from EnergyInfraPost.com

 

NEWS UPDATES - POWER/RE/COAL/MINES

POLICY

India’s first wind tender

India’s first wind tender oversubscribed despite offtake uncertainties

Earlier this month, Solar Energy Corporation of India (SECI) received bids for India’s first wind power tender. According to Bridge to India.

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India agrees to allow power trade through its territory

India agrees to allow power trade through its territory

Nepal will now be able to export power to Bangladesh via India as the southern neighbour has agreed to allow the use of its territory for electricity trade.

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Government may cap number of coal blocks a company can hold

Government may cap number of coal blocks a company can hold

The government is considering capping the amount of coal blocks that a company can hold. The clause is part of the draft coal block allocation guidelines issued for public comments by the coal ministry and would apply to mines other than the 204 blocks that were canceled by the Supreme Court in October 2014.

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Power ministry seeks relief for renewable energy from GST impact

Power ministry seeks relief for renewable energy from GST impact

The Union power ministry has told the influential goods and services tax (GST) Council chaired by finance minister Arun Jaitley that implementing GST in its current form could push up power generation cost, especially of renewable energy, which will further dent the ability of debt-ridden distribution companies to serve electricity unless specific relief measures are built in.

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COMPANIES IN NEWS

Suzlon Energy Stock up over 3% on winning 50.40 MW repeat order.

Suzlon Energy Stock up over 3% on winning 50.40 MW repeat order.

Suzlon will execute the entire project on a turnkey basis and will provide operation and maintenance services for an initial period of 14 years through an integrated service package.

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Green Investment Bank, Oman SGRF eye stake in Leap Green Energy

Green Investment Bank, Oman SGRF eye stake in Leap Green Energy

State General Reserve Fund of Oman (SGRF) and UK Green Investment Bank Plc. (GIB) are in separate talks to acquire a stake in JPMorgan-backed Leap Green Energy Pvt. Ltd, four people familiar with the development said.

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Hero Future Energies plans 100 MW solar power plant in South-East Asia

Hero Future Energies plans 100 MW solar power plant in South-East Asia

The Munjal-family promoted Hero Future Energies Pvt. Ltd is planning to put up one large grid connected solar plant of up to 100 megawatts capacity in Southeast Asia, apart from expanding in Africa and India, its founder and managing director Rahul Munjal said in an interview on 13 January.

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OIL AND GAS

POLICY

No additional charges for making didi Tak payments at pumps,

Be fearless : No additional charges for making digital payments at pumps, Pradhan assures consumers

Union minister of state for petroleum and natural gas, Dharmendra Pradhan has appealed to everyone to work towards removing fear from people's mind related to additional charges on Digital payments at Petrol pumps.

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COMPANIES

Reliance: RIL to raise $2.25 billion more via foreign borrowings

RIL to raise $2.25 billion more via foreign borrowings

Reliance IndustriesBSE -0.58 % is in talks to raise as much as $2.25 billion (Rs 15,300 crore) in what could be one of the biggest offshore debt issues by an Indian corporate as the energy-to-retail conglomerate seeks to replace existing high-cost borrowings as well as build a war chest for its aggressive expansion strategy in telecom.

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Bharat Petroleum Corporation informs about board meeting

Bharat Petroleum Corporation informs about board meeting

Bharat Petroleum Corporation has informed that a meeting of the Board of Directors of the Company will be held on February 09, 2017, to take on record the Unaudited financial Results (Provisional) of the Company for the quarter ended December 31, 2016(Q3).

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INFRESTRUCTURE

GPS to be mandatory for all commercial vehicles by year-end

GPS to be mandatory for all commercial vehicles by year-end

Installation of the global positioning system (GPS) will be made mandatory for all commercial transport vehicles in the State by this year-end to bring in transparency.

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First lot of railway safety fund may come in Budget

First lot of railway safety fund may come in Budget

In its two-year report card, the Narendra Modi government had claimed credit for fewer rail accidents and lower casualties. This time, railway minister Suresh Prabhu may paper over the transporter’s safety record. His officers are themselves surprised over three major accidents in a span of two months, which have claimed close to 190 lives, compared to 309 in 2015-16.

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

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